National

Momentum lost, says Congress on growth

The Congress criticised Finance Minister Arun Jaitley, who in a blog post on Sunday applauded the growth of the economy in the past four years. In a series of tweets, the Congress media in-charge, Randeep Surjewala, said the economy had been left in dire straits.

 

“Dear Sh Arun Jaitley, Congress Govts- UPA 1 & UPA 2 delivered the highest decadal growth (8.13% at factor cost) since Independence. Under Modi Govt, GDP Growth in 2017-18 is just 6.7%. which is a 4 year low. In July 2018, IMF itself lowered our Growth projections,” Mr. Surjewala tweeted.

“Jaitley ji should know that Modi Govt had inherited an economy that was on the upswing. But due to BJP’s adhoc and myopic economic policies — demonetisation, flawed implementation of GST and tax terrorism — that momentum was lost.”

A letter from the Editor


Dear reader,

We have been keeping you up-to-date with information on the developments in India and the world that have a bearing on our health and wellbeing, our lives and livelihoods, during these difficult times. To enable wide dissemination of news that is in public interest, we have increased the number of articles that can be read free, and extended free trial periods. However, we have a request for those who can afford to subscribe: please do. As we fight disinformation and misinformation, and keep apace with the happenings, we need to commit greater resources to news gathering operations. We promise to deliver quality journalism that stays away from vested interest and political propaganda.

Support Quality Journalism
Recommended for you
This article is closed for comments.
Please Email the Editor

Printable version | Jun 4, 2020 12:28:14 AM | https://www.thehindu.com/news/national/momentum-lost-says-congress-on-growth/article24786946.ece

Next Story