Stop blaming UPA for every economic crisis: Manmohan Singh responds to FM

The NDA government should have learnt from the UPA’s ‘mistakes’, and provided ‘credible solutions’, Manmohan Singh said

Conceding that there were some “weaknesses” in his regime, former prime minister Manmohan Singh said on Thursday that the Narendra Modi government should stop blaming the United Progressive Alliance (UPA) for every economic crisis, as five years was sufficient time to come up with solutions.

Addressing a conference ahead of Maharashtra elections, he was replying to Finance Minister Nirmala Sitharaman’s comments in the US, where she said the banking sector passed through its worst phase during the tenures of Singh and former Reserve Bank of India (RBI) Governor Raghuram Rajan. The National Democratic Alliance (NDA) government should have learnt from the UPA’s “mistakes”, and provided “credible solutions”, Manmohan Singh said.

Had the NDA government learnt from the mistakes, fraud-accused jeweller Nirav Modi and other loan defaulters would not have fled with public money, or the banks’ situation would not have gone from “bad to worse”, Singh said. “You cannot claim year after year that the fault lies with the UPA , you have been in office for five-and-half years and that is long enough period for a government committed to public welfare to do some credible things.”