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Senior Congress leader and former finance Minister P Chidambaram has hit out at the BJP-led government at the Centre for not releasing the IIP numbers for April 2020 and wondered if it would lock them up in a safe vault to be opened after 20 years.
“Economy is in safe hands, says the FM. It is in such ‘safe’ hands that the government will not release the IIP numbers for April 2020! Will the government lock up the IIP numbers in a safe vault to be opened only after 20 years,” he asked on Twitter.
Economy is in safe hands, says the FM. It is in such ‘safe’ hands that the government will not release the IIP numbers for April 2020!
Will the government lock up the IIP numbers in a safe vault to be opened only after 20 years?
— P. Chidambaram (@PChidambaram_IN) June 12, 2020
Earlier Chidambaram was very critical of the government when India’s GDP growth rate came down to 3.1 per cent in the last quarter of 2019-20 fiscal from 4.1 per cent in Q3. He said the latest figures were a “telling commentary on economic mismanagement in the country”.
“We had forecast that the Gross Domestic Product for Q4 will touch a new low at below 4 per cent. It has turned out to be worse at 3.1 per cent,” Chidambaram tweeted.
We had forecast that GDP for Q4 will touch a new low at below 4 per cent
It has turned out to be worse at 3.1 per cent.
— P. Chidambaram (@PChidambaram_IN) May 29, 2020
