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Mamata Banerjee slams Centre over fall in GDP

"Right at the time demonetisation was announced by the central government, I had voiced my concern that the country would have to face severe loss of jobs and drastic decline in productivity due to demonetisation," she said.

India TV Politics Desk, Kolkata [ Published on: June 01, 2017 15:21 IST ]
Mamata Banerjee
Mamata Banerjee

Slamming the Narendra Modi govt for the decline in GDP growth, West Bengal Chief Minister Mamata Banerjee today said that her apprehension of "drastic decline in productivity" due to demonetisation had proved to be true.

"Right at the time demonetisation was announced by the central government, I had voiced my concern that the country would have to face severe loss of jobs and drastic decline in productivity due to demonetisation," she said on Facebook. "My apprehension is now proven to be true."

The Trinamool Congress chief cited the latest GDP figures to buttress her claims.

"The Q4 GDP figure this fiscal has come down to 6.1 per cent. The corresponding GDP figure in the previous fiscal was 7.9 per cent. So, the decline is nearly 2 per cent point," she said.

"Rampant job loss has been reported across the country with the agriculture and unorganised sector in worst shape. What have the people, who pushed the country to this crisis, to say," she asked.

(With PTI inputs)

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