Priyanka Gandhi Vadra attacks Modi govt; says matter of improving economy put in ‘cold storage’ by Centre

By: |
New Delhi | Published: January 9, 2020 11:27:41 AM

Her attack comes after official data showed that India's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors.

Priyanka Gandhi Vadra, Priyanka Gandhi attacks modi government, modi government, economy, indian economy, economic growth, economic slowdown, GDP growthThe biggest impact of this is being borne by trade, the poor, daily wage labourers and employment, the Congress general secretary said. (PTI)

Congress leader Priyanka Gandhi Vadra on Thursday attacked the Modi government over the recent economic growth estimates, saying the Centre should have given maximum attention to improving economy but the matter has been put in “cold storage” by it. Her attack comes after official data showed that India’s GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and construction sectors.

“The BJP government should have paid maximum attention to the economy, but now the matter of improving the economy has been put in cold storage. Estimates of GDP growth show that the situation is not good,” Priyanka Gandhi said in a tweet.

The biggest impact of this is being borne by trade, the poor, daily wage labourers and employment, the Congress general secretary said. No assuring action is being taken by the government, she said.

As per the first advance estimates of the national income released by the National Statistical Office (NSO), the manufacturing sector output growth will decelerate to 2 per cent in 2019-20, down from 6.9 per cent in the previous financial year. The construction sector growth is estimated at 3.2 per cent as against 8.7 per cent in 2018-19, according to government data.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Next Stories
1NIA files chargesheet in ‘Ansarullah’ terror module case of Tamil Nadu
2Arunachal to fight case in SC to disallow citizenship to Chakma, Hajong refugees: CM Pema Khandu
3Process to provide ownership rights in unauthorised colonies going on, AAP misleading people: BJP