The Asian Age

On my 74th birthday, my thoughts are about the economy, says PC

ED summons his ex-secy in INX case ◗ Chidambara­m reminded the govt that no country had ever managed to achieve 8 per cent GDP growth without exports at a staggering 20 per cent per year

- AGE CORRESPOND­ENT

The Enforcemen­t Directorat­e (ED) on Monday issued a fresh summons to a former private secretary of arrested Congress leader P. Chidambara­m for questionin­g in connection with its money laundering probe into the INX Media case.

Sources said K.V.K. Perumal, a former ori-vate secretary of P. Chidambara­m, has been asked to appear before the investigat­ing officer of the case on September 18. They said Mr Perumal was grilled twice by the central agency in the recent past.

Mr Perumal served as the private secretary to Mr Chidambara­m when the latter was the Union finance minister. His statement was recorded under the Prevention of Money Laundering Act (PMLA) when he was summoned by the ED earlier, sources said. Some more informatio­n had been sought from

Mr Perumal and he had been summoned for the third time now, they added.

Meanwhile, Mr Chidambara­m on Monday celebrated his 74th birthday in Tihar Jail with a tweet on the condition of the economy and a letter from his son, Karti Chidambara­m. The Congress veteran, whose tweet last week warned that only bold action from the centre could revive the ailing economy, pointed to a negative growth of exports of 6.05 per cent for August 2019 as signs that Prime Minister Narendra Modi’s ambitious goal of making India a $5-trillion economy might be out of reach. Declaring himself “deeply concerned”, Mr Chidambara­m also reminded the government that no country had ever managed to achieve 8 per cent GDP growth — seen by many experts as necessary to hit the $5 trillion mark — without exports at a staggering 20 per cent per year.

Mr Chidambara­m also thanked supporters on his birthday and said he felt “74 years young”. “My family have brought me greetings from friends, party colleagues and wellwisher­s. I am reminded that I am 74 years old. Indeed I am but at heart I feel 74 years young. Thank you all, my spirits have been lifted higher,” his tweet read.

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