‘Telling commentaryon BJP management’: Cong hits out after dip in GDP growth rate

Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

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The Congress has hit out at the Centre after data released by the Central Statistics Office on Friday revealed that India’s gross domestic product grew by a slower pace of 3.1 per cent in the fourth quarter of 2019-20. Congress leader and former finance minister P Chidambaram blamed the government’s economic management for the new low in GDP growth.

“We had forecast that GDP for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent. Remember, this is pre-lockdown. Of the 91 days of Q4, lockdown applied to only to 7 days. It is a telling commentary on the economic management of the BJP government,” Chidambaram tweeted.

His party demanded an explanation from the government regarding the slide in GDP growth.