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Congress: Narendra Modi government has pushed economy in dire straits

Under Modi government, GDP growth in 2017-18 is just 6.7 per cent, which is a four-year low. In July 2018, IMF itself lowered our growth projections," Congress Spokesman Randeep Singh Surjewala said in a series of tweets

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Narendra Modi

Narendra Modi

The Congress on Sunday said that the Narendra Modi government had upturned a rising economy and left it in "dire straits" with its "ad hoc and myopic economic policies". "Dear Arun Jaitley, Congress governments (2004-2104) delivered the highest decadal growth of 8.13 per cent at factor-cost since Independence. Under Modi government, GDP growth in 2017-18 is just 6.7 per cent, which is a four-year low. In July 2018, IMF itself lowered our growth projections," Congress Spokesman Randeep Singh Surjewala said in a series of tweets.

"Jaitley ji should know that Modi government had inherited an economy that was on the upswing. But due to BJP's ad hoc and myopic economic policies -- demonetisation, flawed implementation of GST and tax terrorism -- that momentum was lost," he added. Surjewala's tweets came in response to a post on social media by Finance Minister Arun Jaitley who said that it was only with NDA coming to power in 2014 that the economy had undergone a transformational change.

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