BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra
5 years, 4 months ago

BJP government should accept ‘historic slowdown’ of country's economy, work towards resolving it, says Priyanka Gandhi Vadra

Firstpost  

New Delhi: Congress leader Priyanka Gandhi Vadra on Tuesday criticised the BJP-led central government over “historic slowdown” in the economy. Priyanka said the Centre should accept that there is a slowdown and should work towards measures to resolve it. The BJP government should accept that there is a historic slowdown in the economy and they should move towards measures to resolve it”, Priyanka’s Hindi tweet roughly translates to. For how long the government will reap benefits from headline management?” The Congress leader made the comment by sharing a news article about the bleeding auto sector.

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History of this topic

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms
1 month, 2 weeks ago

Rahul Gandhi slams govt over decline in India's GDP growth, calls for economic reforms

India TV News  

Leader of Opposition in the Lok Sabha, Rahul Gandhi, expressed grave concern over India's economic slowdown on Sunday, highlighting that the country's Gross Domestic Product growth rate has plummeted to its lowest in two years, standing at just 5.4 per cent. Gandhi attributed this downturn to an economy that, according to him, disproportionately benefits a small group of billionaires, while …

Demonetisation led to GDP slump: Rahul Gandhi
4 years, 4 months ago

Demonetisation led to GDP slump: Rahul Gandhi

Deccan Chronicle  

New Delhi: Attacking the Centre over the slump in GDP, the Congress on Tuesday said that the economy was ruined from the day demonetisation was announced and it continued after the Modi government introduced one erroneous policy after another. Since then, the government introduced one erroneous policy after another," former Congress president Rahul Gandhi tweeted on Tuesday. “Rahul Gandhi had …

Manmohan Singh Says Govt Does Not Acknowledge the Word 'Slowdown', Corrective Action Unlikely
4 years, 10 months ago

Manmohan Singh Says Govt Does Not Acknowledge the Word 'Slowdown', Corrective Action Unlikely

News 18  

New Delhi: Attacking the Modi government on the state of the economy, former prime minister Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word “slowdown” and the real danger is that if problems are not recognised, then finding credible answers to take corrective action is unlikely. Addressing a gathering at the launch of Montek Singh Ahluwalia’s …

Modi govt does not acknowledge the word 'slowdown': Manmohan Singh
4 years, 10 months ago

Modi govt does not acknowledge the word 'slowdown': Manmohan Singh

India Today  

Attacking the Modi government on the state of the economy, former prime minister Manmohan Singh on Wednesday said the current dispensation does not acknowledge the word "slowdown" and the real danger is that if problems are not recognised, then finding credible answers to take corrective action is unlikely. Addressing a gathering at the launch of Montek Singh Ahluwalia's book "Backstage", …

Economic slowdown cyclical in nature, not structural: CEA Subramanian
5 years, 1 month ago

Economic slowdown cyclical in nature, not structural: CEA Subramanian

Live Mint  

Chief economic advisor Krishnamurthy Subramanian on Monday said India’s economic slowdown is more cyclical than structural in nature, and the government has a well-thought-out agenda for reforms to revive the economy. The steps we are taking, like the corporate tax rate cut, are intended to create a more favourable environment for investments that are required for sustained growth," Subramanian said …

Economic slowdown: Nirmala Sitharaman woke up too late, says economist PN Vijay
5 years, 1 month ago

Economic slowdown: Nirmala Sitharaman woke up too late, says economist PN Vijay

India Today  

Economic expert and BJP's economic advisor until recently, PN Vijay, has said that Nirmala Sitharaman woke up to economic crisis too late. Speaking as part of the panel on economic slowdown in India Today Conclave East 2019, PN Vijay, who has been BJP's spokesperson in the past said: "Everyone knows that there is a lack of demand in the economy …

BJP has ruined economy: Priyanka on falling GDP
5 years, 1 month ago

BJP has ruined economy: Priyanka on falling GDP

India TV News  

Congress general secretary Priyanka Gandhi Vadra on Saturday hit out at the BJP for the lower GDP growth rate and accused it of making false promises and ruining the country's economy. 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. "Promise after promise.2 crore …

Centre should take steps to deal with economic slowdown: CM Ashok Gehlot
5 years, 2 months ago

Centre should take steps to deal with economic slowdown: CM Ashok Gehlot

India TV News  

Rajasthan Chief Minister Ashok Gehlot said on Saturday that there is a slowdown in the country's economy and the Centre should take effective steps to deal with it. He said there was a period of recession in the world some years back which also had an effect on India, by the then government under prime minister Manmohan Singh took effective …

Slowdown is just a passing phase, says Piyush Goyal
5 years, 2 months ago

Slowdown is just a passing phase, says Piyush Goyal

The Hindu  

Union Minister of Railways and Commerce Piyush Goyal on Thursday termed the current economic slowdown as just a passing phase and said that efforts being taken by the government only showed that it cared. Reacting to former prime minister, Dr. Manmohan Singh’s views on the economic slow down the country is facing, the Union Minister said that he was surprised …

Finance Minister to list govt actions in 100 days amid low macro stats
5 years, 4 months ago

Finance Minister to list govt actions in 100 days amid low macro stats

India TV News  

Amid the economic slowdown plunging August sales of automobiles to the lowest since 1997-98 indicating further worsening of demand and investment, Finance Minister Nirmala Sitharaman will elaborate on the decisions and initiatives taken by the Modi2.0 government in the last 100 days. On Monday, Industry body SIAM figures revealed that monthly passenger vehicle and car sales recorded their steepest fall …

Priyanka Gandhi hits out at Centre over decline in GDP on Twitter, asks 'when will the government open its eyes?'
5 years, 4 months ago

Priyanka Gandhi hits out at Centre over decline in GDP on Twitter, asks 'when will the government open its eyes?'

Firstpost  

Hitting out at the Centre over the decline in GDP, Priyanka Gandhi said that Indian economy is falling into a deep abyss of recession and asked when will the government open its eyes. New Delhi: Hitting out at the Centre over the decline in GDP, Congress general secretary Priyanka Gandhi on Tuesday said that Indian economy is falling into a …

Why Narendra Modi government must acknowledge the economic slowdown. Now.
5 years, 4 months ago

Why Narendra Modi government must acknowledge the economic slowdown. Now.

India Today  

Over the past few weeks, Finance Minister Nirmala Sitharaman announced several measures to tackle economic slowdown. These steps have come after India's GDP growth in the first quarter of FY20 slowed to 5 per cent--the lowest in 25 quarters or in six years. However, key Indian sectors are facing a slowdown that seems far more than a cyclical occurrence, said …

Economy in prolonged slowdown: Manmohan Singh
5 years, 4 months ago

Economy in prolonged slowdown: Manmohan Singh

Hindustan Times  

Former prime minister Manmohan Singh said on Sunday the Indian economy is “in the midst of a prolonged slowdown” because of “all-round mismanagement by the Modi government” and it has not yet recovered from the “man-made blunders” of demonetisation and the “hastily implemented” Goods and Services Tax. Referring to a slew of announcements made by Sitharaman on August 23 to …

Priyanka Gandhi appeals Finance Minister Nirmala Sitharaman to rise above politics and acknowledge 'slowdown'
5 years, 4 months ago

Priyanka Gandhi appeals Finance Minister Nirmala Sitharaman to rise above politics and acknowledge 'slowdown'

India TV News  

Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a "slowdown", saying she needs to get over "politicking" about the state of the economy and come clean with the people of India. India's economic growth on Friday slumped for the fifth straight quarter to an over six-year low of 5 per …

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi
5 years, 4 months ago

Nirmala Sitharaman must get over 'politicking' about economy and acknowledge 'slowdown', says Priyanka Gandhi

Firstpost  

Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a ‘slowdown’, saying she needs to come clean with the people of India New Delhi: Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a “slowdown”, saying she needs to get over “politicking” …

India facing prolonged slowdown: Manmohan Singh
5 years, 4 months ago

India facing prolonged slowdown: Manmohan Singh

The Hindu  

Former Prime Minister Manmohan Singh on Sunday said the 5% growth in India’s Gross Domestic Product signalled a prolonged slowdown and asked the government to engage with “thinking minds by shunning vendetta politics to take the economy out of a man-made crisis.” In a video statement, he said the state of the economy was “deeply worrying” and the near zero% …

Finance Minister Nirmala Sitharaman combats slowdown
5 years, 4 months ago

Finance Minister Nirmala Sitharaman combats slowdown

India Today  

A projector malfunction briefly flashed the title of Finance Minister Nirmala Sitharaman’s presentation Measures to Achieve Higher Economic Growth even before she was to arrive at the venue for her much-awaited press conference. Instead, retracting ill-conceived steps, introducing confidence-building measures, liquidity enhancement, the commitment of interest rate transmission and a lot of promises for infrastructure, home buyers and automobiles dominated …

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous
5 years, 4 months ago

Tracking India’s economic slowdown: Between NITI Aayog chief’s warning and CEA’s tough talk lies real cure for economy; inaction will be disastrous

Firstpost  

By now, the fear that India’s economy is slowing and slowing at a real dangerous pace has been confirmed by hard data Editor’s note: This is the seventh and concluding part of a series in which Firstpost’s columnists analyse the ongoing economic slowdown and offer solutions. In the absence of private sector participation, India’s economic growth fell to 5.8 percent …

Tracking India’s economic slowdown: Why Narendra Modi govt shouldn’t delay fiscal stimulus to revive struggling industries
5 years, 5 months ago

Tracking India’s economic slowdown: Why Narendra Modi govt shouldn’t delay fiscal stimulus to revive struggling industries

Firstpost  

Industry captains are marching to the North Block making their case for an urgent fiscal stimulus. The industry, battered with the economic slowdown, thinks there is an urgent case for a stimulus package nothing less than Rs 1 lakh crore. Growth in eight core industries—coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity —that constitutes 40 percent …

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