NEW DELHI: Pointing to domestic challenges like agrarian crisis, declining employment opportunities and prevalence of divisive forces, former prime minister Manmohan Singh here on Sunday painted a grim picture of the Indian economy and said the jobless growth was fast turning into the "jobloss growth". The grave agrarian crisis, the declining employment opportunities, the pervasive environmental degradation and above all the divisive forces at work are obvious," he said. Without naming the Narendra Modi government, he said the country's jobless growth was fast slipping into 'job-loss growth' and together with rural indebtedness and urban chaos was making youth restless. "The attempts to create additional jobs in the industrial sector have failed as industrial growth is not picking up fast enough. "Needless to stress, it is a testing time for our democratic spirit, our patience and tolerance, our capacity of managing contradictions, our resolve of ensuring inclusive growth -- a strong, equitable and sustainable growth," Singh said.

Source: Mint February 17, 2019 13:52 UTC