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Demonetisation a “disastrous policy”, bullet train an “exercise in vanity: Manmohan Singh

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Dr-Manmohan-Singh

[vc_row][vc_column][vc_column_text]Day before the first anniversary of demonetisation, former prime minister Dr Manmohan Singh goes all out to trash successor Narendra Modi’s economic reform agenda

A day before a unified Opposition marks the first anniversary of Prime Minister Narendra Modi’s demonetisation as a ‘black day’, former prime minister and Congress veteran Dr Manmohan Singh hit out at the Centre over its economic reforms agenda, lashing out at his successor over the issues of noteban, Goods and Services Tax (GST) and even the bullet train.

Addressing traders and businessmen in Ahmedabad on Tuesday, the ‘economist’ former prime minister trashed Modi’s demonetisation initiative as a “disaster” and a “reckless step on our nation” that was taken by his successor only to “reap political benefits”. Dr Singh reiterated that demonetisation was “an organised loot and legalized plunder”.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]However, it wasn’t just demonetisation that Dr Singh, who is credited with ushering in economic reforms in India during his stint as finance minister under the PV Narsimha Rao-led Congress government and then setting off the country on a high growth trajectory during his own stint as prime minister, attacked the Modi government over.

In a strongly worded and uncharacteristically curt address, the mild-mannered Congress leader also brought the Modi government GST rollout and the Prime Minister’s ambitious Mumbai-Ahmedabad bullet train project in his line of fire.

The former prime minister’s combative critique of the Modi government’s economic policy and reforms agenda forced Union finance minister Arun Jaitley to defer his media briefing that was scheduled for 12.30 pm on Tuesday – the same time when Dr Singh’s address began in Ahmedabad – to 3.30 pm. And when Jaitley finally got his chance under the sun, his briefing was reduced to a firefighting exercise; one in which he spent a better part of his time defending the demonetisation move against Dr Singh’s strident attack.[/vc_column_text][vc_raw_html]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[/vc_raw_html][vc_column_text]Calling demonetisation and GST as “twin blows” on the Indian economy, Dr Singh said that the two initiatives of the Modi government only ended up helping China while they wreaked havoc in the lives of Indian citizens. “Due largely to demonetisation and GST, India’s imports from China in the first half of 2017-18 increased by 23 per cent or Rs. 45,000 crore, from Rs.1.96 lakh crore to Rs. 2.41 lakh crore,” Dr Singh said, adding: “these twin blows damaged India’s MSME sector and our businesses had to turn to Chinese imports at the cost of Indian jobs.”

The former prime minister added: “with immense pain and a sense of deep responsibility I declare that the 8th of November was a ‘black day’ for our economy and indeed our democracy. I remember feeling shocked when I heard the Prime Minister’s announcement (of demonetisation) and I wondered who advised him to inflict such a reckless step on our nation, and whether any considered thought went into it.”

Asserting that no democracy in the world had taken such a “coercive” move – of withdrawing 86 per cent of legal tenders in one single swoop – Dr Singh said the decline in the GDP growth rate to 5.7 per cent was largely due to demonetisation even as he suggested that GDP figures too were a “gross underestimate as the pain of the informal sector is not adequately captures in GDP calculation”.

“Every one per cent loss of GDP annually costs our nation Rs. 1.5 lakh crore. Think of the human impact from this lost growth — the lost jobs, the youth whose opportunities have vanished, the businesses which had to shut down and the entrepreneurs whose drive to succeed has turned into discouraged disappointment,” Dr Singh said.

The former Prime Minister went on to add that “what is even more tragic is that none of the lessons from this monumental blunder (of demonetisation) have been learnt by the government, which, instead of providing relief to the needy, chose to inflict on them a badly designed and hastily implemented GST,” Dr Singh said, adding that the “twin blows of demonetisation and GST have been a complete disaster for the Indian economy.”

Dr Singh also claimed that the aftermath of GST rollout and noteban had spread a sort of “tax terrorism” in India.

“At a time when the economy has slowed down considerably, despite favourable global economic conditions, the fear of tax terrorism has eroded the confidence of businesses to invest. As you know, the growth in private investment is at a 25-year low. This is terrible for India’s economy,” Dr Singh said.

“Did the Prime Minister (Narendra Modi) stop to consider the wisdom of the Mahatma while asking the RBI Governor to sign on the dotted line or while implementing the GST in haste? Did he think about the impact on those who toil in the informal sector whose earnings dried up because of shortage of cash? Did he think about the millions of people who lost jobs and had to return to their villages in despair? If the Prime Minister had paid attention to the Mahatma’s talisman, the poor of India would not have suffered the way they did,” Dr Singh added.

The Congress leader also hit out at Modi over the Mumbai-Ahmedabad bullet train project calling it “an exercise in vanity” and wondering if the Prime Minister had considered the alternative of “a high speed train by upgrading broad gauge railway?”[/vc_column_text][/vc_column][/vc_row]

India News

RSS not seeking political power, focused on uniting Hindu society, says Mohan Bhagwat

RSS chief Mohan Bhagwat said the organisation is not seeking political power but is focused on uniting Hindu society and promoting character-building during an interaction with athletes in Meerut.

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Mohan Bhagwat

Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Friday said the organisation is not driven by any ambition for political power and is instead dedicated to uniting Hindu society and building individual character.

He made the remarks while interacting with nearly 950 national and international sportspersons at Madhav Kunj in Shatabdi Nagar, Meerut, as part of the RSS centenary outreach initiatives. According to participants present at the event, Bhagwat spoke for about 50 minutes and stressed the importance of social harmony and collective responsibility in nation-building.

Quoting Bhagwat, a participant said the RSS’ “sole objective is the organisation of the entire Hindu society and character-building of individuals,” adding that the organisation does not function in opposition to or competition with any specific group.

Emphasis on unity and cultural roots

Explaining his idea of India, Bhagwat said the nation goes beyond geographical boundaries and draws inspiration from figures such as Lord Ram, Lord Krishna, Lord Buddha, Lord Mahavira, Swami Vivekananda, Swami Dayanand and Mahatma Gandhi, participants said.

He reportedly stated that the term “Hindu” reflects unity in diversity rather than caste identity. Differences in modes of worship and deities, he said, do not weaken society as long as cultural harmony is preserved. He added that whenever social unity declined, the country faced crises.

The RSS chief outlined four foundational pillars of society — value inculcation, Sanatan culture, the spirit of dharma and adherence to truth — reiterating that the Sangh’s mission centres on strengthening society through individual development. Volunteers, he said, are active across various spheres of social life and prioritise national interest.

Sports as a tool for nation-building

Addressing the athletes, Bhagwat described sports as a powerful medium for bringing people together. He said nation-building is not the responsibility of any single organisation but of society as a whole.

Referring to Meerut’s historic role in the First War of Independence in 1857, he said the legacy later inspired Keshav Baliram Hedgewar to establish the Rashtriya Swayamsevak Sangh in 1925.

Bhagwat also shared five guiding principles for those interested in associating with the RSS — understanding the organisation from within, engaging with its affiliated bodies, supporting its programmes, maintaining dialogue and working selflessly for the nation. He also answered questions from athletes during the session.

Outreach events in Uttar Pradesh

Bhagwat is currently on a tour of Uttar Pradesh. Earlier, he attended a two-day outreach event in Lucknow on February 17 and 18 and had also visited Gorakhpur. During his stay in Lucknow, he briefly met Chief Minister Yogi Adityanath, while both deputy chief ministers called on him before he left for Meerut.

Arjuna Award-winning wrestler Alka Tomar described the programme as grand and praised the organisational efforts of RSS volunteers. She said sportspersons must contribute to nation-building and appreciated Bhagwat’s emphasis on working in the national interest.

Para Cricket Club of India player Surya Pratap Mishra of Bareilly, selected for a Sri Lanka tour, said Bhagwat assured support for para athletes to help them enhance the country’s pride. Kabaddi coach Pintu Malik from Shukratal in Muzaffarnagar termed the interaction inspiring, especially the message that players should support one another.

Bhagwat reached Meerut on Thursday night and held breakfast discussions on Friday with representatives from the sports and industry sectors. On Saturday, he is scheduled to interact with members of the intelligentsia, including representatives from education, industry, medicine, literature, art and trade. Entry to the event is restricted to invitees with passes issued by the RSS headquarters.

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BJP MLA Vungzagin Valte dies after prolonged battle with injuries from Manipur violence

Manipur BJP MLA Vungzagin Valte has died in Gurugram nearly two years after suffering severe injuries in the 2023 ethnic violence in Imphal.

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BJP MLA (1)

Manipur BJP MLA Vungzagin Valte, who had been battling severe injuries sustained during the outbreak of ethnic violence in May 2023, died at a hospital in Haryana’s Gurugram on Thursday.

Valte, a representative from the Thanlon assembly constituency in Churachandpur district, was attacked in Imphal when tensions between Meitei and Kuki-Zomi communities escalated into widespread clashes. The assault left him with critical head injuries that significantly affected his mobility and speech.

Long medical struggle after 2023 attack

Following the attack on May 4, 2023, Valte was admitted to a hospital in Delhi, where he spent several months in intensive care. According to his family, he suffered debilitating head trauma that left him wheelchair-bound and dependent on assistance for routine physical movements.

Despite prolonged treatment in the national capital for nearly two years, his health remained fragile. He later returned to Manipur, but complications linked to the injuries persisted.

Earlier this month, Valte complained of breathlessness and chest pain, prompting doctors to stabilise him in intensive care before he was flown to Delhi in an air ambulance on February 8. His condition had reportedly shown slight improvement before the transfer.

Family alleges role of Arambai Tenggol

Valte’s family had alleged that members of the Meitei group Arambai Tenggol were responsible for the attack in 2023. His son, David Mang Valte, had earlier stated that the MLA was assaulted while returning after meeting the then Chief Minister amid the communal crisis involving Kuki, Meitei and Zomi communities.

Valte belonged to the Zomi tribe and was serving as a BJP legislator from Thanlon at the time of his death.

Condolences pour in

Several political leaders expressed grief over his passing. Two-time MLA T Robindro Singh said his last meeting with Valte at Imphal Airport before he was airlifted for advanced treatment remains “deeply emotional and unforgettable.” He described Valte as a kind-hearted and humble leader who was always concerned about the welfare of the people.

Valte’s death marks the end of a prolonged and painful chapter that began with the outbreak of ethnic unrest in Manipur in 2023.

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Amit Shah launches Rs 6,900 crore Vibrant Village Programme-II in Assam

Amit Shah has launched the Rs 6,900 crore Vibrant Village Programme-II in Assam to develop 140 villages along the Bangladesh border with improved infrastructure and employment opportunities.

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Amit Shah

Union Home Minister Amit Shah on Thursday launched the second phase of the Vibrant Village Programme in Assam, announcing a Rs 6,900-crore investment aimed at strengthening development in border areas.

The initiative seeks to transform 140 villages along the Bangladesh border in Assam into centres of modern education, employment and infrastructure. Shah formally inaugurated the programme at Natanpur village in the Barak Valley region of the state.

Focus on education, jobs and infrastructure

Addressing the gathering, Shah said the programme would ensure that border villages receive facilities on par with other parts of the country. He credited Prime Minister Narendra Modi for prioritising development in these regions.

“Today, we are officially beginning the Vibrant Village Programme-II, and through this, we will bring development to bordering villages and facilities like any other place across the country. This has been possible because of Prime Minister Narendra Modi,” Shah said.

He added that Natanpur would not be known merely for its proximity to the border but for excelling in education, employment generation, road connectivity, telecommunications and electricity.

Coverage across 17 states

According to Shah, the Centre has earmarked Rs 6,900 crore under Vibrant Village Programme-II to develop 334 blocks and 1,954 villages across 17 states.

In Assam alone, nine districts, 26 blocks and 140 villages have been identified under the scheme. Shah said all amenities in these villages would match those available in other villages across India.

“There was a time when border villages were called the last villages and lacked many amenities, but Prime Minister Narendra Modi decided that all border villages will be the first villages. Now these villages will be first in road, sanitation, drinking water, communications, employment and education,” he said.

The programme aims to strengthen infrastructure and socio-economic conditions in border areas, particularly those along the Bangladesh frontier in Assam.

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