Chennai: Senior Congress leader and former Union Minister P Chidambaram has come down heavily the BJP government in the Centre over its handling of the economy.
He said the BJP-led government has caused nine successive quarters of economic decline and an impending recession in 2020-21.
“Those who scoff at the UPA’s record must know that economists are laughing at their ignorance and ineptitude,” he posted.
He asked as to what the NDA government has done since 2015. “Only caused a decline in economic growth for 9 successive quarters and an impending recession in 2020-21.”
Heclaimed that the Oxford Poverty and Human Development Initiative (OPHI) Study finds that 270 million Indians were lifted out of poverty during 2005-2015.
This, Chidambaram said, was the period of UPA-1 and UPA-2, which he described as the ‘golden period’ of India’s economic growth.