Manmohan Singh on the economy: “India cannot afford to continue down this path.”

Firstly Gst is a huge problem that's impeding growth. Consumption slowdown is because GST maybe pricing out non essential purchase for average household. For egs Hotels are priced at 28% gst if am correct. That's a huge drain on local tourism consumption.

Second private investment is at all time low due to infrastructure and credit challenges

Third global slowdown has hit our export markets a little bit

Lastly no big government projects over the last couple of years except welfare schemes that don't really help improve business conditions quickly

Actually the trade war should have helped India immensely, but like always they squandered on this opportunity as well. The current administration is just drinking its own Kool-Aid.

Everything is alright according to them India was miserable for last 70 years, they turned it around, converted it to most powerful and economically developed nation.

Current economy is great with shining India.

Unless administration does not accept mismanagement of economy and stop diverting public attention by creating issues of national security, things won't change.

Lately the pro-Modi govt response to economic criticism from people from the previous UPA government -- besides claims about corruption -- has been to point out higher inflation in the previous era. Here, the former Prime Minister says:

> Rural India is in terrible shape. Our farmers are not receiving adequate prices and rural incomes have declined. The low inflation rate that the Modi government likes to showcase comes at the cost of our farmers and their income, by inflicting misery on over 50 percent of India’s population.

This question -- should inflation be higher to improve rural income -- is a bit beyond my economic knowledge but an interesting counter-argument. Maybe people with a better understanding can weigh in.