Lambasting the Congress-led UPA government's failure to bring the economy back on the track, senior BJP leader and former Union Finance Minister Yashwant Sinha has said the Centre was suffering from "multi-organ failure."

Sinha expressed apprehension that the rupee may touch the 70 per dollar mark unless urgent steps were taken for its recovery. He also said it was not possible to control inflation unless steps were taken to check the fiscal deficit.

To a query whether the trend of coalition government was responsible for the prevailing corruption in the country, Sinha strongly denied it,saying the Manmohan Singh-led UPA government had failed miserably to handle the coalition government.

-PTI

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.