TIL Desk/National/New Delhi/ GDP numbers are misleading, RBI’s autonomy is in extreme danger and demonetisation is the biggest banking scam, former finance minister Yashwant Sinha claims in his new book. He also says that Prime Minister Narendra Modi’s idea of self-employment is a “distraction from the more serious issue of unemployment and underemployment”.
Sinha, who has been quite vocal about the government’s policies since the past couple of years, quit the Bharatiya Janata Party in April. Party leaders have been dismissing his allegations on several issues with BJP chief Amit Shah once asking if people should believe the ministers or those “who did not get jobs”.
According to Sinha, Modi blew a golden opportunity to send the economy soaring to new heights. “He could have fixed the UPA’s legacy issues and fundamentally raised India from a poor country to a middle-income country, but he squandered the chance,” he says, adding his book demonstrates how “Modi unmade India”. Though the book India Unmade: How the Modi Government Broke the Economy is a critique of the NDA government’s economic management, Sinha says he has not always been a critic of Modi.
