July 8, 2012
New Delhi, July 8 — Time magazine has termed Prime Minister Manmohan Singh an "underachiever", flaying him for not acting decisively when the country's economy was slowing.
The magazine features the Indian prime minister on the cover of its Asia edition dated July 16, 2012.
July 8, 2012
New Delhi, July 8 — Time magazine has termed Prime Minister Manmohan Singh an "underachiever", flaying him for not acting decisively when the country's economy was slowing.
The magazine features the Indian prime minister on the cover of its Asia edition dated July 16, 2012.
With 79-year old Manmohan Singh's portrait on the cover page, the blurb reads: "The Underachiever. India needs a reboot. Is Prime Minister Manmohan Singh up to the job?"
The cover story titled "A Man in Shadow" flays the prime minister and his government for failing to act when the country's economic growth was slowing down.
India's economic growth slumped to nine-year low of 5.3 percent in the quarter ended March 31, 2012. The gross domestic product (GDP) growth fell to 6.5 percent in 2011-12 as compared to 8.4 percent in the previous year.
"Investors at home and abroad are beginning to get cold feet. Voters too are losing confidence, as rising inflation and a litany of scandals chip away at the government's credibility," said the magazine, which will be in the market next week.
Courtesy: IANS