Economy Modi government’s policies led to current economic slowdown, says Manmohan Singh Updated : November 18, 2019 03:06 PM IST Singh, in a piece he wrote for The Hindu, said that the current economic crisis is a result of 'profound fear and distrust' among people who had acted as the agents of growth in the country. Singh alleged that the mutual trust and self-confidence that are the bedrock for social transactions and economic growth have been torn down and ruptured. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.