Need well conceived strategy to make India five trillion economy: Manmohan

JAIPUR: Former Prime Minister Manmohan Singh on Saturday said that a “well conceived strategy” was needed to make India a five trillion economy.

Singh was speaking at the JK Lakshmipat University, where he was felicitated with the ‘JKLU Laureate Award 2019’ for his contribution in public service, governance, economy and nation building.

“Presently, our economy seems to have slowed down. The rate of growth of GDP is declining, investment rate is stagnant, farmers are in distress, banking system is facing a crisis and unemployment is going up. We need a well conceived strategy to make India a five trillion economy,” he said.

He suggested that the Government should forbid tax terrorism, respect independent voices and provide for checks and balances at every level. (AGENCIES)

 

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