New Delhi: Janata Party chief Subramanian Swamy on Friday said Prime Minister Manmohan Singh should declare Lok Sabha elections in October this year in a bid to tackle "economic degeneration" of the country.

In a statement, he claimed that the country's current account deficit had risen to 6.5 percent. He alleged that the UPA government was "now bankrupt of any fresh ideas for ushering in economic reform    ".

"I therefore urge the Prime Minister to end this economic degeneration and instead declare that the Lok Sabha elections will be (held) in October this year," he said.


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