NEW DELHI: Senior Congress leader P Chidambaram on Wednesday said macro economic indicators confirm that the Indian economy has entered a “disastrous phase of slowdown” and criticized Prime Minister Narendra Modi and Finance Minister Arun Jaitley for their failures.
He also accused Jaitley of perfecting the art of “concealing” data and projecting “doctored” information.
“The Finance Ministry’s report is a damning indictment of the state of the economy in the country. This is perhaps the weakest point in the economy,” he told reporters here, adding the next Government has a lot of work to repair the economy to which the BJP has done “great damage”.
“With each passing day, as Modi indulges in vile rhetoric, the Finance Minister blogs poor attempts at rationalising that language. Between the rhetoric and the blogging, this government has forgotten the economy. The next government has a huge task of reviving the economy. Thankfully, the Congress party is ready to steer the Indian economy out of the Modi-Jaitley slump,” he said. (AGENCIES)