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10 yrs of UPA rule saw best decadal growth, claims Chidambaram

  •   Sat, Feb 24 2018 04:49:34 PM

New Delhi, Feb 24 (PTI): Congress leader P Chidambaram today claimed that the participants of a business meet have opined that the10 years of the UPA rule saw the best decadal growth, and the Gross Domestic Product in current prices increased four times in rupee terms.
Chidambaram, who served as the finance and home minister in the UPA government, wrote on Twitter, “For participants in the Global Business Summit: best decadal growth was under the UPA government between 2004 and 2014.”

“In 10 years, the GDP in current prices increased THREE times in dollar terms,” he tweeted.

The summit was organised by The Economic Times and was attended by Prime Minister Narendra Modi yesterday. Chidambaram, however, did not elaborate who all praised the UPA government led by Manmohan Singh.
  

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Comment on this article

  • Vincent Rodrigues, Bengaluru/Katapadi

    Sun, Feb 25 2018

    Inexperienced people tried to run the nation will bound to create disaster to the nation and the people

    DisAgree Agree Reply Report Abuse

  • Stifler, Mangaluru

    Sat, Feb 24 2018

    60 years of development ruined in 4 years....Unemployment rate is worrisome...Tax implementation and lowering of EPF interest rate at 8.55% ...Where are we heading?
    But anyone points out the flaws in the Modi rule, he will be termed as ANTI NATIONAL or CONGRESS CHELAS....

    DisAgree [6] Agree [14] Reply Report Abuse

  • Arun Kumar, Udupi

    Sat, Feb 24 2018

    Housing loan interest decreased from 16% to 8.35%. For that you are not crying.

    DisAgree [11] Agree [6] Reply Report Abuse

  • Declan, Mumbai

    Sun, Feb 25 2018

    Arun Kumar
    What good is interest rate reduction ? How to repay loans where there are no jobs/employment nor any long term job security for those who do have jobs as of now. People today are afraid to take housing loans because loan repayment periods for such loans in most cases are between 10 years to 20 years especially here in Mumbai and even in 2nd tier cities. Even if people have a job today they are unsure when they might lose their jobs, get laid off, retrenched or salary reduced drastically. In such cases they will be left unable to repay the balance loan amount. So there is plenty of reason for common man to be unhappy/cry.

    DisAgree Agree [1] Reply Report Abuse

  • Ahmed, Bajpe

    Sat, Feb 24 2018

    It was best decadal growth for RSS under Congress Supervision, Congress is directly responsible for India's Today's situation.

    DisAgree [19] Agree [7] Reply Report Abuse

  • bharath1953, Mangalore

    Sat, Feb 24 2018

    Clever politician, he tweeted crediting his acumen of Finance under MM S, but failed to elaborate which participants from the Global summit commented it.

    DisAgree [3] Agree [3] Reply Report Abuse


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Title: 10 yrs of UPA rule saw best decadal growth, claims Chidambaram



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