Economic policy has no sense of direction under present Govt: Manmohan

RSTV Bureau
New Delhi: Former Prime Minister Dr. Manmohan Singh pays floral tributes to Indira Gandhi on her 98th birth anniversary at Indira Gandhi Smriti in New Delhi on Thursday, November 19, 2015. Photo - PTI

New Delhi: Former Prime Minister Dr. Manmohan Singh pays floral tributes to Indira Gandhi on her 98th birth anniversary at Indira Gandhi Smriti in New Delhi on Thursday, November 19, 2015.
Photo – PTI

Former Prime Minister Dr. Manmohan Singh made a strong criticism against the economic policies of the ruling BJP led NDA government on Thursday. On the occasion of Indira Gandhi’s 98th birth anniversary he said that the country’s economic policy has “no sense of direction” after the Modi government decided to scrap the Planning Commission.

The country’s “economic policy has no sense of direction and this is largely because Planning Commission, with all its deficiencies…. it was a positive dynamic instrument of steering the country’s economy,” former Prime Minister Dr. Manmohan Singh , who is also credited for 1991 path-breaking economic reforms, said in New Delhi.

Strongly defending the Planning Commission, that has now been restructured as NITI Aayog by the incumbent Modi government, Dr. Singh also dismissed as “malicious” propaganda that no development had taken place during previous Congress regimes, including those of Jawaharlal Nehru and Indira Gandhi.

Dr. Manmohan Singh, who is also known as the architect of economic reforms, asked his party workers to tell people how PM Modi led government’s decision to abolish the planning body has been harmful for the country.

Speaking on the occasion of the 98th birth anniversary of Indira Gandhi, the two time Prime Minister said that as Indira Gandhi followed Jawaharlal Nehru’s path of planned development, she always emphasised the need of Planning Commission for a country as diverse as India and one which faced multifarious challenges.

Recalling Indira Gandhi’s contribution in various fields, including the Green revolution and the birth of Bangladesh, he said that Indira Gandhi believed that the planning body was necessary to address the developmental needs of all the parts of the country with a strong sense of vision and commitment.

(With inputs from the PTI)