New Delhi: Speaking at the book launch of senior Congress leader Kapil Sibal, former Prime Minister Manmohan Singh on Friday claimed that the Narendra Modi-led Government failed to fulfil the promises it made.
Criticising the Government on the lack of employment, Singh said, “Our youth are desperately waiting for the promised 2 Crore jobs. Employment growth rate has been declining in last four years. People are not impressed with the figures being put out by Modi govt to justify the creation of a large number of jobs.”
The former Prime Minister also added that initiatives, like Make in India, and Stand Up India, have not yielded an impactful result. He said, “Programs like Make in India and Stand Up India yet to make meaningful impact on industrial production growth. Small and marginal enterprises are yet to derive significant benefit from ease of doing business schemes.”
Singh asserted that the implementation of Goods and Services Tax and demonetisation took a toll on the growth of several enterprises. “Demonetisation and GST’s hasty implementation has hurt enterprises,” he added.
The book launch held at Teen Murti Bhawan in New Delhi was attended by Singh and former Vice-President Hamid Ansari. The other guests of honour included P Chidambaram, Sitaram Yechury, Chandan Mitra and Sharad Yadav.