Farmers suicides & agitation reflect structural imbalances in economy: Manmohan Singh
Ex-PM Manmohan Singh: Farmers suicides & frequent farmer agitation reflect structural imbalances in economy which call for in-depth analysis & political will to address them. Jobless growth slipping into job-loss growth, together with rural indebtedness & urban chaos have made youth restless. Attempts at creating additional job opportunities in industrial sector have failed as industrial growth isn't picking up fast enough.Small & unorganised sector have grievously suffered in wake of disastrous demonetisation & slipshod introduction & implementation of GST. Well thought-out policy & implementation strategies are required to stimulate industrial & commercial sectors. Knee-jerk reactions, off-the-cuff announcements of grandiose schemes & unproductive projects manifestly failed to uplift economy to its potential.