Former Prime Minister of India, former RBI Reserve Bank of India and former Finance Minister of India Manmohan Singh said that the GDP growth rate of 4.5% was unacceptable and worrisome, and urged his successor to set aside “deep-rooted suspicion” of society and nurse India back to harmonious, mutually trustworthy society that can help the economy soar.
Recently Dr Singh was talking about worst ever effect on Indian economy.
India’s economy grew at its slowest pace in over six years in the September quarter mainly on account of weak manufacturing and a drop in exports due to a global slowdown.