Chidambaram wants UPA to get credit for high Q1 growth
3 Sept 2014 5:03 AM IST
‘Can the Modi government name one measure that was implemented after 26 May that yielded results by 30 June? They cannot. Hence the credit for Q1 belongs entirely to the UPA government. The NDA should stop being churlish and give credit where it is due,’ said the senior Congress leader.
Improved performance of mining, manufacturing and services sectors pushed the country’s economic growth rate to two-and-half year high of 5.7 per cent in the first quarter of 2014-15.
On Saturday, Chidam baram had said the 5.7 per cent growth rate vindicates position of the previous UPA government that the decline in GDP had been halted in the middle of 2013-14 as well as its forecast that the upturn will take place in the beginning of 2014-15.
He had said a number of steps were taken by the UPA government to revive manufacturing (reduction of excise duty), electricity (coal linkages) and mining sectors, he said.
Improved performance of mining, manufacturing and services sectors pushed the country’s economic growth rate to two-and-half year high of 5.7 per cent in the first quarter of 2014-15.
On Saturday, Chidam baram had said the 5.7 per cent growth rate vindicates position of the previous UPA government that the decline in GDP had been halted in the middle of 2013-14 as well as its forecast that the upturn will take place in the beginning of 2014-15.
He had said a number of steps were taken by the UPA government to revive manufacturing (reduction of excise duty), electricity (coal linkages) and mining sectors, he said.
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