Congress attacks government on inflation figures News Today

Chennai | Saturday | 27th February, 2021

Summary:

Chennai: Attacking the government over the state of the economy the Congress said the people have been hit by the 'double whammy' of low growth and high inflation for which the Modi government's 'gross mismanagement' is responsible. Congress' chief spokesperson Randeep Surjewala said the third quarter GDP data proves yet again that fault lines in the Indian economy are more visible than ever before. The economy has grown by a mere 0.4 per cent in the third quarter of financial year 2020-21 which is far below estimation he said. “What continues to be an area of concern however is the advance estimates for the entire financial year. Central Statistics Office (CSO) has lowered GDP growth rate for FY2020-21 from its previous estimated minus 7.7 per cent to now minus eight per cent” Surjewala said..