Gandhi took to Twitter on Saturday, giving out facts about the current growth projections in the country, while also taking a jibe at finance minister Arun Jaitley and calling him a 'genius.' Photograph:( Zee News Network )
Congress president Rahul Gandhi has again found new grounds to attack BJP - this time over India Gross Domestic Product (GDP) or as Gandhi has coined Gross Divisive Politics.
"The GDP is at a 4-year-old low now. Will Prime Minister Modi and Finance Minister Arun Jaitley stop boasting that India is the fastest growing economy?" asked Congress leader Anand Sharma while addressing the media.
Gandhi took to Twitter on Saturday, giving out facts about the current growth projections in the country, while also taking a jibe at finance minister Arun Jaitley and calling him a "genius."
FM Jaitley’s genius combines with Mr Modi’s Gross Divisive Politics (GDP) to give India:— Office of RG (@OfficeOfRG) January 6, 2018
New Investments: 13 year ?
Bank credit Growth: 63 year ?
Job creation: 8 year ?
Agriculture GVA growth: 1.7%?
Fiscal Deficit: 8 year??
Stalled Projects ??https://t.co/bZdPnREYiE
The Congress leader further said the national investment rate has also fallen.
"The state of the economy is a matter of great concern. All the parameters are going down. The national investment rate has also fallen. Manufacturing has come down. The situation is grim and the government has no roadmap for recovery", he added.
India’s economic growth is estimated to slow down to 4-year low of 6.5 per cent this fiscal, the lowest under the NDA regime, mainly due to GST impact on manufacturing and subdued farm output, according to the advance estimates of national accounts.
As per data released by the Central Statistics Office (CSO), Real GDP at constant (2011-12) prices in the year 2017-18 is likely to attain a level of Rs 129.85 lakh crore, as against the Provisional Estimate of GDP for the year 2016-17 of Rs 121.90 lakh crore, released on May 31, 2017.
The sectors, which registered a growth rate of over 7.0 per cent, include public administration, defence and other services, trade, hotels, transport, communication and services related to broadcasting, electricity, gas, water supply and other utility services and financial, real estate and professional services.
Gandhi has continuously attacked Modi's implementation of demonetisation and Goods and Services Tax, dubbing it as Gabbar Singh Tax.
The war is set to continue a few more states will go o polls in 2018, ahead of the 2019 Lok Sabha poll