Economic Survey 2018-19 makes tall claims: Opposition

Glosses over plight of millions, whitewashes terrible economic record of past five years: Yechury

Published - July 04, 2019 09:30 pm IST - New Delhi

CPI(M) general secretary Sitaram Yechury. File

CPI(M) general secretary Sitaram Yechury. File

The Opposition parties slammed the Economic Survey saying that it made tall claims, was clueless on the government’s vision for the country and did not reflect ground reality.

CPI (M) General Secretary Sitaram Yechury said it ignored the challenges faced by millions of Indians.

“The Economic Survey is full of bombastic claims and grandiose declarations without any basis in facts,” he said.

“Economic growth needs more purchasing power amongst people, not more investment with higher unemployment,” he added.

The survey, he said, glossed over the major challenges faced by millions of Indians and whitewashes the terrible economic record of the past five years.

“The departure of so many RBI governors and previous CEA tells us of the harsh reality,” Mr. Yechury said.

His colleague from the Communist Party of India, D. Raja, said that blaming the past will not help the country.

“...The government is trying to shirk its own responsibility. The survey does not portray the real picture of the economy. Instead it is making tall claims in flowery language. It should have given a road map for the way forward,” Mr. Raja said.

Trinamool Congress Parliamentary Party leader in the Rajya Sabha Derek O’ Brien in a cryptic tweet indicated that the survey was fuzzy about the government’s vision. “Spent three hours this afternoon, speed reading the two volumes of the #EconomicSurvey2019 It’s a cloudy, overcast afternoon in Delhi. Enough said,” Mr. O’Brien tweeted.

The Economic Survey showed that India’s growth rate was stagnant, Aam Aadmi Party convenor and Delhi Chief Minister Arvind Kejriwal said.

“...It signals worrying signs for our economy. GDP growth rate is virtually stagnant and all indicators point that we are in a slowdown,” he tweeted.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.