Narendra Modi a man full of energy, Manmohan Singh had ideas: Jagdish Bhagwati

By: |
New Delhi | Updated: March 17, 2015 12:18:47 PM

Prime Minister Narendra Modi is a "a man full of energy" while his predecessor Manmohan Singh...

Narendra Modi, Manmohan Singh, Jagdish BhagwatiNoted economist Jagdish Bhagwati said that Narendra Modi is a man full of energy while former PM Manmohan Singh had ideas. (Reuters)

Prime Minister Narendra Modi is “a man full of energy” while his predecessor Manmohan Singh had “ideas”, noted economist Jagdish Bhagwati said on Thursday.

“(Narendra) Modi is a man full of energy. He wants to do things and nobody can treat him as anything less than a leader and he now has the mandate,” the renowned economist told NDTV.

BJP-led NDA swept the Lok Sabha elections held in May last year with a strong mandate.

Singh, the architect of economic reforms in 1991, was protected by the then Prime Minister P V Narasimha Rao, but since it was a minority government there was a limit to the “pace” at which Singh could go as the then Finance Minister, Bhagwati said.

“When you compare the speeches of the two (Singh and Modi), Manmohan Singh temperamentally is like President Barack Obama…he does have ideas, but because he can lead from behind, he can face blockages,” he added.

Asked why he thinks Modi will open up multi-brand retail to FDI, Bhagwati said the traditional base of BJP was small retailers, but now Modi has a “much wider constituency, so he does not have to depend on that core group”.

On newly formed NITI Aayog that replaced Planning Commission, the Columbia University professor said what he liked about it is that “focus will be on policies and that is where the real action should be”.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

FinancialExpress_1x1_Imp_Desktop