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Randeep Surjewala said UPA 1 and UPA 2 had the highest decadal growth since independence.
Congress on Wednesday accused Prime Minister Narendra Modi and Finance Minister Arun Jaitley of resorting to "malicious and fraudulent juggling" of gross domestic product figures (GDP ) masking the "fatal blow that they caused" to the Indian economy.
"A failure of the" Modinomics "and a" pakodic economic vision "plunged the l '. Indian economy in a whirlwind total. First despot The Minister of Finance and the "pseudo economist" have repeatedly provoked economic chaos through poorly designed demonetization decisions, an imperfect GST badociated with fiscal terrorism, "said Congress spokesman Randeep Singh Surjewala
"Faced with the total rejection and" voodoo economy "of the duo Modi and Jaitley, they resort to the malicious and fraudulent juggling of the GDP figures to hide the huge blow to the Indian economy by the government," a- he said d.
His remarks come after the government released Wednesday the much-awaited retrospective estimates of India's GDP, which showed a lower growth rate over the years of the year. UPA between 2005-06 and 2011-12 as previously estimated
Mr. Surjewala baderted that the complete data from the GDP retrospective series published by the Center testified to the It's desperate for a "defeatist Modi government" to undermine India's growth over the past 15 years.
"The Congress Party has repeatedly pointed out that when the base year has been changed, the government should follow sound international practice and revise the figures from previous years. the final series on GVA and GDP are calculated and published to allow meaningful comparisons.
"Data from the previous series published by the National Statistical Commission (NSC) in August 2018 are available in the field public. The numbers prove that the truth can not be suppressed, "said Surjewala.
The congressional spokesman said that UPA 1 and UPA 2 had the highest decadal growth (8.13% at since independence.
It is also common knowledge that during this period, 140 million people were lifted out of poverty, he added, adding that the three best years were 2005-06, 2006-07 and 2007-08.
"Arvind Subramanian calls them" boom years ". This golden race would have continued if the international financial crisis that hit the world in September 2008 had not occurred. "
When the UPA resigned, economic growth had returned to 6 , 39% (at market prices) in 2013-14. "In addition, the budget deficit was reduced to 4.48% and the current account deficit was limited to 1.7%."
M Surjewala accused the revised "series", computed Wednesday by the Ministry of Statistics and Niti, that Aayog completely undermined the National Statistical Commission, the autonomous body responsible for making data decisions in a transparent and consistent manner. to world standards for calculating GDP using the market-price method
"Today, the Modi government has cheated the country by surreptitiously changing the methodology for manipulating GDP data, called for example" management Excel sheets ", for example, cider the result and fill in the notes. The new methodology is based on GVA, which does not take into account taxes, subsidies and is therefore extremely imperfect to serve the short-sighted interests of the government in power, "he said.
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