March 28, 2024 18:05 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi High Court rejects PIL seeking removal of Arvind Kejriwal as CM | MHA extends AFSPA in 3 districts of Arunachal Pradesh for 6 months | Encourage fair, transparent and legal process: US comments again on Kejriwal's arrest | India and China discuss border disengagement: EAM | Indian External Affairs Minister S Jaishankar discusses defence, trade while interacting with Malaysian leaders
Rahul Gandhi takes dig at PM Modi, Nirmala Sitharaman over economy

Rahul Gandhi takes dig at PM Modi, Nirmala Sitharaman over economy

India Blooms News Service | @indiablooms | 29 Jan 2020, 05:15 am

New Delhi/IBNS: Ahead of the annual budget on Feb 1, Congress leader Rahul Gandhi on Wednesday took a dig at Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman over falling economy.

Gandhi took to Twitter on Wednesday to say, "Modi & his dream team of economic advisors have literally turned the economy around. Earlier: GDP: 7.5% Inflation: 3.5% Now: GDP: 3.5% Inflation: 7.5% The PM & FM have absolutely no idea what to do next."

In the last quarter of fiscal year 2019-2020, the Gross Domestic Product (GDP) fell to 4.5%.

Meanwhile, the government has predicted a 5 per cent GDP for the next quarter.

Just days ago, the International Monetary Fund (IMF) in its World Economic Outlook in Davos said the domestic demand in India reduced "more sharply than expected" apart from the stress in "non-bank financial sector" and a "decline in credit growth".

The IMF has put up a revised India's Gross Domestic Product (GDP) at 4.8% for 2019-2020.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
PM Modi in Bhutan 22 Mar 2024, 06:53 pm
PM Modi in Tamil Nadu 28 Feb 2024, 07:07 pm