इंडियन आवाज़     23 Apr 2018 11:20:26      انڈین آواز

Fears of economic slowdown have come true: Chidambaram

AMN /New Delhi

chidambaramReacting to the estimated figure of the Gross Domestic Production being 6.5 per cent for the current financial year 2017-18, senior Congress leader and former Finance Minister P Chidambaram on Saturday said the worst fears and warnings of an imminent economic slowdown have come true.

‘The worst fears of an imminent economic slowdown have come true. Our fears and warnings have proved true. GDP growth in 2015-16, 2016-17 and 2017-18 (estimated) is 8.0, 7.1 and 6.5 per cent. These numbers prove there is a slowdown.

The Modi government’s tall claims of India growing at a ‘robust’ growth rate have evaporated in thin air. No amount of sugar coating, false bravado and rhetoric along with headlines management can conceal the stark reality,’ Mr Chidambaram said in a statement.

Leave a Reply

Your email address will not be published. Required fields are marked *

QAUMI AWAAZ

1 lakh 75 thousand Indians to go for Haj this year: Naqvi

AMN / MUMBAI Union Minister for Minority Affairs Mukhtar Abbas Naqvi today claimed that for the first time af ...

Jamaat welcomes govt move for death penalty to rapists

AMN / New Delhi Jamaat-e-Islami Hind has welcomed the government’s move to bring an ordinance awarding deat ...

Justice Rajinder Sachar is no more

  AMN / NEW DELHI Well know legal luminary, human righ activist and former Chief Justice of the Delhi ...

SPORTS

TTFI recommends CWG medalist Manika Batra’s name for Arjuna Award

The Table Tennis Federation of India (TTFI) has recommended Manika Batra, the country's only quadruple medalli ...

Bengaluru FC wins Super Cup Football tournament

Bengaluru FC have won the inaugural edition of Super Cup Football tournament.=In the final at the Kalinga Stad ...

CWG 2018: Shuttlers continue India’s medal rush in Gold Coast

Gold Coast India's badminton players continued their fine run here on Sunday with Saina Nehwal and Kidambi ...

@Powered By: Logicsart