India headed for slowdown; Modi Govt left economy in ‘dire straits’: Manmohan

NEW DELHI: Former Prime Minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Modi Government of leaving the economy in dire straits due to its “lack of economic vision”.

Citing the latest economic growth figures to suggest an impending slowdown, the senior Congress leader also said the Indian economy is “over-regulated” and the Government controls and interferences are aplenty with even regulators having “morphed into controllers”.

He also rued the “growing interference” of courts in the economic policies, and said the Congress would have handled the economy differently. (AGENCIES)