In Gujarat, Manmohan Singh blasts Modi govt for note ban, GST : The Tribune India

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In Gujarat, Manmohan Singh blasts Modi govt for note ban, GST

AHMEDABAD: Former prime minister Manmohan Singh on Tuesday said that he could proudly say that the previous UPA government had lifted 140 million people out of poverty.

In Gujarat, Manmohan Singh blasts Modi govt for note ban, GST

Former prime minister Manmohan Singh describes demonetisation as a reckless step, says none of its objectives achieved. PTI



Ahmedabad, November 7
 
Former prime minister Manmohan Singh on Tuesday said that he could proudly say that the previous UPA government had lifted 140 million people out of poverty.
 
Speaking a day ahead of demonetisation anniversary in Ahmedabad, Singh blasted the BJP government saying that nowhere in the world has any nation taken such a drastic step that sweeped off 86 per cent of the currency.
 He said: “I repeat what I said in Parliament, demonetisation was an organised loot and legalised plunder.”
 
He said the fear of tax terrorism has eroded the confidence of Indian business to invest.
 
He said: “In first half of 2016-17, India's imports from China stood at Rs 1. 96 lakh crore. In 2017-18, it increased to Rs 2.41 lakh crore.
 
He said unprecedented growth of imports by over Rs 45,000 crore was registered, a 23 per cent increase in a  year, can be attributed largely to demonetisation and GST.
 
Manmohan Singh termed bullet train project an exercise in vanity. —ANI 

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