Indore: Former prime minister Manmohan Singh on Wednesday said the credibility of institutions like Parliament and CBI has been systematically denigrated in the Narendra Modi-led regime, which he said is making a “careful, well-thought-out calibrated effort” to weaken democracy.
Addressing a press conference ahead of the November 28 Madhya Pradesh Assembly polls, Singh said corruption was peaking in the Modi government.
“The country has witnessed credibility of institutions like Parliament and CBI systematically denigrated. There is a careful, well-thought-out and calibrated effort to weaken democracy,” he said.
“The rule of law is under attack. history shall never forgive our present generation if the situation is not changed,” he said.
In a veiled reference to developments in RBI and CBI, Singh said the Modi government is trying to prevail over big institutions, adding this was detrimental to democracy and law of the land.
“The relationship between the RBI and Finance Ministry has hit a low,” the former Union finance minister said, adding there is a need for “harmony and coordination”. “The RBI governor and finance minister have a delicate relationship. Both have to work together. Even though the job of running the country rests with the government, specific responsibility is given to the RBI governor by the RBI Act.
There is a need to recognise inter dependence of the two entities and work in harmony,” he said.
“I am happy with the efforts being made to bring reconciliation. Both need to work in harmony with each other,” he said. He termed demonetisation as “organised loot and legalised plunder”. (PTI)
