The UPA project will create a multiplier effect on the economy with upgradation of transportation technology, increase productivity and reduction in unit transportation costs, Singh added. The growth in private investment is at a 25-year low.Reiterating his earlier statement when he termed demonetization an economic blunder, Manmohan Singh said that due to the effects of demonetization and the Goods and Services Tax (GST), Chinese imports have grown by a whopping 23 per cent in just one year.
The fact that more than 99 per cent of the demonetized currency came back into the system has punctured the governments claims Wholesale Airless Lotion Bottle for sale of its success.7 per cent under the new calculation is bound to be a gross underestimate.On the numerous agitations among the youth of different sections of society in Gujarat, Singh said, The winds of change are blowing in Gujarat.Questioning the rationale behind the anti-nationalistic slur thrown on those who question Narendra Modi and the NDA, Singh asked, By questioning the Bullet Train, does one become anti-development.
On every social indicator like infant mortality rate, maternal mortality rate, female literacy, Gujarat has fallen behind the best performing states like Himachal, Kerala, Tamil Nadu, Karnataka. The agitations are an indication of the deep dissatisfaction with the performance of successive BJP governments in Gujarat.5 crore Gujaratis nor the nation..Coming to the issues faced by Gujarat state, which has been dubbed as the model state in the country by the BJP, Singh said, While across India, the title deeds to the forest dwellers and tribal have been disposed of at the rate of 87 per cent, Gujarat lagged behind with a poor 44 per cent.