Few Questions to Dr. Manmohan Singh, the Former Prime Minister of India
The Congress men are rejoicing over the statement, the Former Prime Minister Dr. Manmohan Singh made yesterday in Parliament slamming the demonetisation of Rs 500 and Rs 1,000 notes by Modi government and terming it as a " monumental mismanagement " that might dent GDP by 2%. He has also said that he was convinced that demonetisation had led to "organised loot and legalised plunder"
Every coin has two side. For a coin to realise it's full value, both the sides are essential and important; one cannot ignore one for the other. Now let us come to the personality of Dr Manmohan Singh. Nobody can be more experienced and personally draw more respect for his integrity & honesty other than Dr. Manmohan Singh, the former Prime Minister of India, former Finance Minister, former Chief Economic Adviser, former Finance Secretary, former Dy. Chairman of Planning Commission & former RBI Governer. Time will only tell where the observations of this great personality will stand with the passage of time and what further actions the present government follows or does not follow to weed out corruption & stop genetation of another cycle of black money. However, although, I am not an economist, I am simply applying common sense and feel that Dr Manmohan Singh's statement raises more questions than answers. The questions look like are;
1 (a). How much loss the GDP has suffered during 2004 to 2014 during the two terms he had presided over as Prime Minister of India due to hoards of "Monumental Scams", the country has witnessed?
1 (b). How much NPAs were created in Indian banks during the UPA-1 and UPA-2 regimes and how much loss the GDP has suffered due to these NPAs?
2. Is the loss to the nation due to points1 (a & b) above not an "organised loot and legalised plunder"?
3. How much loss the GDP has suffered due to a huge size of black money economy flourishing in Independent India since 1947?
4. What actions Dr. Manmohan Singh's government took during it's ten year tenure to;
(i) weed out the black money economy and,
(ii) recover NPAs of Banks?
Without asking further widely talked questions as to where the government's real power was centred during Dr. Singh's terms as Prime Minister and actions taken & not taken by his government under compulsions of coalition dharma, every Indians has right to ask atleast the above mentioned questions.
The Congress men are rejoicing over the statement, the Former Prime Minister Dr. Manmohan Singh made yesterday in Parliament slamming the demonetisation of Rs 500 and Rs 1,000 notes by Modi government and terming it as a " monumental mismanagement " that might dent GDP by 2%. He has also said that he was convinced that demonetisation had led to "organised loot and legalised plunder"
Every coin has two side. For a coin to realise it's full value, both the sides are essential and important; one cannot ignore one for the other. Now let us come to the personality of Dr Manmohan Singh. Nobody can be more experienced and personally draw more respect for his integrity & honesty other than Dr. Manmohan Singh, the former Prime Minister of India, former Finance Minister, former Chief Economic Adviser, former Finance Secretary, former Dy. Chairman of Planning Commission & former RBI Governer. Time will only tell where the observations of this great personality will stand with the passage of time and what further actions the present government follows or does not follow to weed out corruption & stop genetation of another cycle of black money. However, although, I am not an economist, I am simply applying common sense and feel that Dr Manmohan Singh's statement raises more questions than answers. The questions look like are;
1 (a). How much loss the GDP has suffered during 2004 to 2014 during the two terms he had presided over as Prime Minister of India due to hoards of "Monumental Scams", the country has witnessed?
1 (b). How much NPAs were created in Indian banks during the UPA-1 and UPA-2 regimes and how much loss the GDP has suffered due to these NPAs?
2. Is the loss to the nation due to points1 (a & b) above not an "organised loot and legalised plunder"?
3. How much loss the GDP has suffered due to a huge size of black money economy flourishing in Independent India since 1947?
4. What actions Dr. Manmohan Singh's government took during it's ten year tenure to;
(i) weed out the black money economy and,
(ii) recover NPAs of Banks?
Without asking further widely talked questions as to where the government's real power was centred during Dr. Singh's terms as Prime Minister and actions taken & not taken by his government under compulsions of coalition dharma, every Indians has right to ask atleast the above mentioned questions.
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