Q3 GDP to be worse: P Chidambaram

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Updated: November 30, 2019 3:51:53 PM

India's economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday.

gdp of india, gdp, gdp full form, gdp meaning, india gdp, gdp growth rate, what is gdp, gdp means, gdp data, fiscal deficit, india gdp growth rate 2019, current gdp of india, india gdp 2019, gdp of india 2019, gdp india, full form of gdp, gdp news , gdp data today, india gdp growth rate, economy of india, current gdp of india 2019, gdp growth rate of india 2019, indian gdp, india economyThe former finance minister, who is lodged in jail in cases of corruption and money laundering, also urged the people of Jharkhand, where polling is underway, to vote against the BJP to record their rejection of its policies.

Senior Congress leader P Chidambaram on Saturday said the lower GDP growth rate of 4.5 per cent was as predicted but warned that third-quarter will be worse. India’s economic growth slipped further to hit an over-six-year low of 4.5 per cent in the July-September quarter, according to official data released on Friday.

“As predicted widely, GDP growth in Q2 has come lower at 4.5%. Yet the Government says ‘All is well’. Q3 will not be more than 4.5% and in all likelihood will be worse,” Chidambaram said in a tweet posted by his family on his behalf.

The former finance minister, who is lodged in jail in cases of corruption and money laundering, also urged the people of Jharkhand, where polling is underway, to vote against the BJP to record their rejection of its policies.

“People of Jharkhand must vote against the BJP and record their rejection of BJP’s policies and model of governance. They have the first opportunity to do so,” he tweeted.

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