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Indian economy resilient, to rebound on strong fundamentals: Anurag Thakur


Hitting back at former Finance Minister P. Chidambaram over his remarks on mismanagement of economy, Minister of State for Finance Anurag Thakur said the Indian economy is resilient, and will rebound based on reforms that have ensured strong fundamentals.
Thakur said reforms undertaken by the government, and strong fundamentals have ensured India is witnessing a “swift” rebound from a contraction of 24.4 per cent in April-June 2020 to a growth of 1.6 per cent in the January-March 2021.
Former Finance Minister Chidambaram on Tuesday had said, 2020-21 has been the darkest year in four decades considering the performance of the economy in the last four quarters, and the government must admit its errors of commission and omission, reverse its policies and heed the advice of economists and the opposition. His remarks came after the government released data pointing out that India’s GDP contracted 7.3 per cent in the pandemic-hit FY21. ....

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Modi Govt Gets Worst Economic Rating In Economy


Modi Govt Gets Worst Economic Rating In Economy
Published by GulteDesk
February 01, 2021
The latest IANS-CVoter Budget Tracker claims that the Modi government has been getting the least favourable outcome, or just say, the worst numbers on the economic front, ever since it came to power in 2014 till 2020. The high nose superlative complexities on Modi being a political and social vision with no unique economic vision has always been debated among the public.
It is been declared that more than 46.4 per cent people claimed that the functionality by the central government under Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, especially on the economic front failed to reach expectations so far. However, 31.7 per cent said the performance is so far satisfactory. ....

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PM must wake up to reality about poverty: Chidambaram


PM must wake up to reality about poverty: Chidambaram
​ By
IANS
|
Published on
​ Wed, Jan 20 2021 13:12 IST
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​ 0 Views
PM must wake up to reality about poverty: Chidambaram. Image Source: IANS News
New Delhi, Jan 20 : A day after 15 migrant construction workers, including a child, were crushed to death by a truck in Gujarat s Surat, senior Congress leader P. Chidambaram on Wednesday slammed the Modi government at the Centre, saying it is time that the Prime Minister woke up to reality and not repeat the statistics about toilets, housing and open defection-free numbers fed by bureaucrats.
In a statement, Chidambaram said, The tragedy of 15 migrant construction workers being run over and killed in Gujarat must open our eyes to the reality of poverty in India. ....

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