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Former Prime Minister Manmohan Singh will break his long silence on Friday when he talks on the economy at a memorial lecture.
Singh has not made any significant statement on the economy ever since he relinquished the office in May this year, though he did talk of Nehruvian economics on the occasion of the 125th birth anniversary of the first prime minister of the country and take a dig at "Swachh Bharat Abhiyan" of his successor Narendra Modi in Kerala last month, besides talking about skilled workforce.
Singh will deliver an inaugural address on 'India's Growth Trajectory in a Fractured World Economy: Opportunities and Challenges".
It will be interesting to see if the former economist prime minister takes on so-called 'Modinomics'.
India's economy did recover from sub-5 per cent growth of 2012-13 and 2013-14, but it was not a phenomenal recovery. Though India's economic growth rose to 5.5 per cent in the first half of the current financial year, investment recovery is yet to take place and the current account deficit is again on the rise.
The address will be part of Bharat Ram Memorial Seminar, to be organised by the Federation of Indian Chambers of Commerce and Industry (Ficci) and Shri Ram Centre for Industrial Relations, Human Resources, Economic and Social Development.
The keynote address will be delivered by RBI Governor Raghuram Rajan.
