Twitter
Advertisement

Rahul Gandhi slams govt over GDP, says issue manufactured to distract from fundamental failure

Rahul Gandhi slams govt over GDP

Latest News
article-main
FacebookTwitterWhatsappLinkedin

Congress Vice President Rahul Gandhi slammed the government on Thursday, after India's Gross domestic product (GDP) slowed sharply to 6.1% in the three months ending March 31.

The Gross Domestic Product (GDP) was 6.1 per in the January-March quarter, the immediate three months after the demonetisation was announced on November 8, 2016.

"Falling GDP. Rising  unemployment. Every other issue is manufactured to distract us from this fundamental failure," said Rahul on Twitter.

Congress leader PL Punia in a sardonic attack said that the BJP who boasted of an eight percent growth must speak up on the current status of the nation's economy.

"They were talking about eight percent growth rate. But still the government is boasting about itself. I would like to ask the government to keep the real picture of the Indian economy in front of the people of the nation," said Punia.

The data released by the Central Statistics Office (CSO) revealed that the Gross Value Added (GVA) slipped sharply to 6.6 per cent in the last financial year ended March 31, from 7.9 per cent growth in 2015-16.

The demonetisation seems to have impacted the GVA in the third as well as fourth quarter of 2016-17 which slipped to 6.7 per cent and 5.6 per cent respectively, from 7.3 per cent and 8.7 per cent.

Almost all sectors, with the exception of agriculture, showed deceleration in the aftermath of demonetisation.

Meanwhile,Bharatiya Janata Party lauded the Prime Minister Narendra Modi government for the India's GDP.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement