Friday 25 November 2016

Dr. Manmohan Singh Speech in Rajya Sabha

Dr. Manmohan Singh​, one of the greatest Indian economists of recent times, who has been an former RBI Governor,Finance Minister and 2 term PM, rightly criticized Modi govt and demonetization.

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He remarked that the GDP of the country could shrink by 2% points due to the way it has been implemented and  the demonetisation of high value currency notes has caused great distress to the common man of the country. What @Dr. Manmohan Singh said is nothing revolutionary, but what we learnt in the basic Economics. His words are succinct, studied, and based on observations that no one can dispute at this hour.
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I am completely agree with the speech. This is exactly what we need, a logical and pragmatic discourse between the Government and the opposition. The best part is he spoke without reading and were his own thoughts.  No matters which political party he belongs but i simply believes in him just because Collective IQ of all modi cabinet is still low than Dr. Manmohan Singh
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In the simple words Dr. Manmohan Singh is most respectable finance minister ever, know more economics than BJP all together.  For  a long time even I thought that this person i.e. our former prime minister doesn't know how to speak but after keenly listening to himat various occasions, I now think that 'People with great minds don't speak much'.
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If the Modi Government had even 10% understanding of the Indian economy that Dr. Manmohan Singh has, they would have not gone through with this move. Best Question he had raised to modi was "I would like to know from the PM, names of any countries he may think of where people have deposited their hard earned money in banks but are not allowed to withdraw it..."
Watch his speech- https://youtu.be/pGoGMfib1G0
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Relevant issues he had raised during his speech was, "The way Demonetisation has been implemented, it will hurt the agriculture sector, small industry and people in the informal sector. Demonetisation is case of organised loot and legalised plunder. Till now 60 to 65 people have lost their lives"
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Congress is definitely corrupt party, but we have to believe that this guy is true intellect & one of the best economist in the world. He has avoided the worst economical circumstances of 1991.The time when no country had succeed to do so. Whenever he speaks he  makes complete sense. Whole world listens when Dr. Manmohan Singh speaks said by Barack Obama​. Even jaitly went to his house regarding advice for government budget. He is the most qualified prime minister ever in the world but sadly politics of congress degraded his image
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-Regards
Bunny 

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