Manmohan great as FM, reforms halted when he became PM: Jaitley | business | Hindustan Times
Today in New Delhi, India
Mar 31, 2017-Friday
New Delhi
  • Humidity
  • Wind

Manmohan great as FM, reforms halted when he became PM: Jaitley

business Updated: Feb 14, 2016 14:45 IST
Manmohan Singh

Arun Jaitley was responding to Manmohan Singh’s comments. The former PM had made them in an interview with India Today.(HT Photo)

A day after his ‘policy paralysis’ jibe at former Prime Minister Manmohan Singh, finance minister Arun Jaitley on Sunday said the Congress leader did a “great job” as a finance minister but his economic reforms came to a halt after he became the Prime Minister.

“To be fair to him (Singh), he did a great job as an FM in initiating reforms. That process stalled when he became the PM,” Jaitley said.

He was speaking at the CNN Asia Business Forum held on the sidelines of the ‘Make In India Week’ that began in Mumbai on Saturday.

Jaitley had, on Saturday, hit back at Singh for the former’s interview, in which he said that the Modi government was not reaching out to the Opposition and not doing enough to improve the country’s economy.

In a Facebook post, Jaitley had said the transition from the UPA to NDA government has been from “policy-paralysis” to a global “bright-spot” while Congress’ stand on the crucial GST Bill has been motivated by “real politics”.

Jaitley had further said that unlike in the UPA regime when policies were framed from Congress headquarters at 24, Akbar Road, in the NDA government Prime Minister Narendra Modi has the last word.

“Former Presidents and Prime Ministers rarely speak, but when they do, the nation should listen to them with rapt attention. They represent the wisdom of the nation.

“They are expected to be non-partisan, render constructive advice and at times send a powerful message even to their own political party to act in a broader national interest,” he had said.

Singh had said that there was a crisis of confidence in the government and that Prime Minister Modi must give “every Indian” the confidence that he cares for people’s well-being.