Rahul attacks PM’S ‘Gross Divisive Politics’ after GDP projections
NEW DELHI: Congress president Rahul Gandhi, on Saturday, criticised the Modi government over its “Gross Divisive Politics”, a day after the Central Statistics Office (CSO) projected India’s economic growth rate for 2017-18 will be lower than the 7.1% achieved in 2016-17.
Gandhi’s tweet comes after the Congress accused Prime Minister Narendra Modi and finance minister Arun Jaitley of ignoring economic wisdom and dealing a “catastrophic” blow to India’s growth.
The Congress chief attacked the government for slow bank credit growth and low job creation.
Party spokesperson Randeep Singh Surjewala said on Friday the “Modi Made Disaster of Demonetisation” and the implementation of a flawed GST were responsible for the economy’s downturn. “An arrogant PM Narendra Modi and a failed finance minister Arun Jaitley, hell bent upon ignoring economic wisdom, have dealt a catastrophic blow to India’s growth story as proved by the latest GDP estimates slumping from 7.3% to 6.5%,” he said.
He claimed the truth was that investment had stagnated, job creation was abysmal, exports were in dire straits, stalled projects were burgeoning, inflation remained unchecked and rural distress was at an all-time high.
India’s economic growth is estimated to slow down to 6.5% this fiscal, the lowest under the NDA regime.