VIDEO | P Chidambaram's Dig At Modi Govt Over GDP: 'Do You Know What Is Five Per Cent'

New Delhi, News Nation Bureau | Updated : 03 September 2019, 06:35 PM
Former finance minister P Chidambaram. (Screengrab)
Former finance minister P Chidambaram. (Screengrab)
HIGHLIGHTS
    • India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.
    • India's GDP growth was behind China's 6.2 per cent in April-June, its weakest pace in at least 27 years.
    • Chidambaram, 73, was produced before Special Judge Ajay Kumar Kuhar on expiry of his one-day CBI custody.

Minutes after stepping out of special CBI courtroom, former finance minister P Chidambaram on Tuesday took a dig at the NDA government over the slump in GDP, which has dropped to over six-year low of 5 per cent in the April-June quarter. When journalists asked what he had to say about his CBI custody, Chidambaram quipped: "Five per cent. Do you know what is five per cent."

He also raised his hand to show five fingers as the CBI took him away in custody. Chidambaram was remanded to two more days of CBI custody in the INX Media corruption case.

India's economic growth has slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment.

Having lost the tag of the world's fastest-growing economy earlier this year, India's GDP growth was behind China's 6.2 per cent in April-June, its weakest pace in at least 27 years.

Chidambaram, 73, was produced before Special Judge Ajay Kumar Kuhar on expiry of his one-day CBI custody.

The judge was informed by Solicitor General Tushar Mehta and Chidambaram's counsel that the apex court has passed an order today that he will be in CBI custody till September 5.

The judge took note of the Supreme Court order and ordered Chidambaram's CBI custody till Thursday.

Chidambaram has been already subjected to custodial interrogation by the CBI for 12 days since his arrest on August 21, after the Delhi High Court on August 20 dismissed his anticipatory bail plea.

His wife Nalini and son Karti were also present in the court.

(With PTI inputs)

First Published: Tuesday, September 03, 2019 06:03 PM
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