Perhaps its best said in Gujarati – Vikas gaando thyo chhe (development has gone haywire).
Dr Manmohan Singh said it. He should know. He was the finance minister who ushered in reforms in India and the prime minister for 10 years. P Chidambaram said it. He might know a thing or two about the state of the Indian economy too. After all he was the Finance Minister for in four different stints adding up to 7 years between 1996 and 2014. But the downward spiral in the economy is a figment