Intervening through the debate on the no-confidence movement in Lok Sabha on Thursday, Sitharaman had stated the UPA “wasted a decade because of corruption and cronyism”.
Senior Congress chief P Chidambaram on Friday hit out at Finance Minister Nirmala Sitharaman over her “UPA wasted a decade” remark, saying whereas the GDP development fee throughout 2004-2014 was 7.5 per cent, it’s simply 5.7 per cent through the the primary 9 years of the NDA authorities.
Intervening through the debate on the no-confidence movement in Lok Sabha on Thursday, Sitharaman had stated the UPA “wasted a decade because of corruption and cronyism”. “Today, every crisis has been changed into an opportunity. We are living in high growth, low inflation, while it was the other way during UPA,” she had stated.
Chidambaram stated he learn within the newspapers that the Finance Minister within the debate on the no-confidence movement, “accused the UPA regime of wasting an entire decade, referring to its tenure from 2004 to 2014”. “I am afraid that the Hon’ble FM is living in a world of imagination and hallucinations,” stated Chidambaram, who was the finance minister twice through the UPA rule.
According to the federal government’s knowledge, the GDP development fee through the 5 yr interval 2004-2009 was 8.5 per cent, he stated. “And the GDP growth rate during the ten year period 2004-2014 was 7.5 per cent,” he stated. Those have been the best development charges ever achieved in any 5 yr or 10-year interval, Chidambaram asserted.
“As for the record of the NDA, the Hon’ble FM should stand before a Truth Mirror and ask the question. The Truth Mirror will answer that the GDP growth rate in the first nine years of the NDA government was 5.7 per cent,” he stated. “Let’s leave it to the people to decide who wasted the time and the opportunity,” Chidambaram stated.
In her remarks, Sitharaman had stated India is in a novel place of being optimistic and optimistic about its future development when the worldwide financial system is struggling, and asserted the Modi authorities has remodeled governance by delivering on its guarantees.
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