Finance Minister Nirmala Sitharaman's Husband Advises BJP to Adopt Manmohan Singh's Economic Model

New Delhi, October 14, 2019:

Finance Minister Nirmala Sitharaman's husband Parakala Prabhakar has suggested the Narendra Modi-led BJP government to adopt the economic model put forth by former prime ministers PV Narasimha Rao and Manmohan Singh, both of the Congress party.

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Parakala Prabhakar, referring to the liberalization of the economy accompanied by the Congress government in 1991, suggested the current government to take a cue from the ‘Rao-Singh economic architecture’. Then PV Narasimha Rao was the prime minister and Manmohan Singh held the Finance Ministry.

Sitharaman's husband who is also an Indian political economist mentioned that BJP can portray Narasimha Rao on the economic front as it did for Sardar Patel on the political front. He also added that BJP has not been able to propose any economic framework of its own and has been preoccupied with critiquing Nehruvian socialism.

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The remarks by the Finance Minister’s husband was appreciated by many leaders as well as the general public on the social media platform, with many agreeing with his suggestions.

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It may be mentioned here that the Indian economy has been steeply falling with the passing days.

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