Congress leader Randeep Surjewala attacks BJP over the declining GDP growth rate (Photo Credit: FIle Image)
The Congress party on Friday launched a scathing attack against Modi government over dismal economic slowdown. While addressing to the reporters, Congress leader Randeep Singh Surjewala said for Bharatiya Janata Party (BJP) country's GDP means 'Godse Divisive Politics'. He further added that the ruling party has plunged the economy to another low. "This is the bankruptcy of economic vision. The latest GDP numbers show that the ruling BJP has plunged the economy to another low," Surjewala added.
India’s GDP has collapsed to an abysmal 4.5%. We are in a virtual free-fall. This is the lowest GDP quarter in 6 years.— Randeep Singh Surjewala (@rssurjewala) November 29, 2019
But why is the BJP celebrating?
Because their understanding of GDP ( Godse Divisive Politics) suggests double digit growth levels.
All in the perspective! pic.twitter.com/HsJuIPDDgV
India’s economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September, according to official data released on Friday. The previous low was recorded at 4.3 per cent in the January-March period of 2012-13. The Gross Domestic Product (GDP) growth was registered at 7 per cent in the corresponding quarter of 2018-19.
During the six-month period (April-September 2019), the Indian economy grew 4.8 per cent as against 7.5 per cent in the same period a year ago. The Reserve Bank had lowered the GDP growth projection for 2019-20 to 6.1 per cent from earlier forecast of 6.9 per cent.
China’s economic growth was 6 per cent in July-September 2019, which was the weakest expansion in over 27 years.