Priyanka Hits Back At Nirmala, Asks Whether Government Accept Economic Slowdown Or Not

New Delhi, PTI | Updated : 01 September 2019, 10:55 PM
Priyanka Gandhi hits back at Modi government on economic slowdown
Priyanka Gandhi hits back at Modi government on economic slowdown
HIGHLIGHTS
    • Nirmala Sitharaman not acknowledging that there is an economic slowdown: Priyanka
    • India’s GDP growth was behind China’s 6.2 per cent in April-June
    • Growth stood at 5.8 per cent in January-March of 2019 and 8 per cent of April-June 2018

Congress leader Priyanka Gandhi Vadra on Sunday launched a scathing attack on Finance Minister Nirmala Sitharaman for not acknowledging that there was a “slowdown”, saying she needs to get over “politicking” about the state of the economy and come clean with the people of India.

Priyanka Gandhi’s attack came after Sitharaman, when asked by reporters as to whether there was any slowdown in the economy, said the government was responding to it sectorally, based on their requirement.

“Every sector of the Indian economy, when it approaches us, we hear them out for solutions that they want and we respond to it,” Sitharaman said. Hitting out at Sitharaman, Priyanka Gandhi, in a tweet, said: “Does the government accept that there is a slowdown or not? The FM needs to get over politicking about the state of our economy and come clean with the people of India.”

Also read: Bank Merger Aimed At Economic Growth, NPAs Have Gone Down, Says Nirmala Sitharaman

“How do they plan to resolve the massive problem they have created if they aren’t even ready to acknowledge it?” the Congress general secretary asked. India’s economic growth on Friday 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. The Gross Domestic Product (GDP) of India, Asia’s third-largest economy, slumped by larger than expected 5 per cent in April-June, the slowest pace since January-March 2013.

The growth stood at 5.8 per cent in January-March of 2019 and 8 per cent of April-June 2018, according to official data released on Friday.

First Published: Sunday, September 01, 2019 10:52 PM
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