Time magazine terms Manmohan Singh underachiever
July 8th, 2012 - 4:46 pm ICT by IANS
New Delhi, July 8 (IANS) 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.
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- Time wonders if 'underachiever' Manmohan can overcome (Third Lead, Changing dateline) - Jul 08, 2012
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- Economy will turn around in 2012-13: Pranab - Jun 11, 2012
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- Crisil cuts India's growth forecast to 5.5 percent - Aug 07, 2012
- India's economic growth dips to 9-year low of 5.3 percent (Roundup) - May 31, 2012
- Crisil cuts India's economic growth forecast to 6.5 percent - Jun 04, 2012
- Steps soon to check fiscal, curent account deficits: Chidambaram (Lead) - Jul 11, 2012
- PM directs steps to revive growth and reverse pessimism (Roundup) - Jun 27, 2012
- Government trying to protect Indian economy from global mess: PM - Sep 07, 2012
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