News Politics National Indian economy growing with 'Modi rate of growth', Congress taunts PM

Indian economy growing with 'Modi rate of growth', Congress taunts PM

Taking a jibe at Prime Minister Narendra Modi, the Congress today said that the Indian economy is growing with the “Modi rate of growth”.

Manish Tewari Manish Tewari

Reacting to the Prime Minister’s remark that the GST Bill will give a boost to the government’s reform agenda, Congress spokesperson Manish Tewari said that no reform is going to work as the ruling dispensation at the Centre has lost the plot of the economy.

“The fact is that Indian economy is growing with the “Modi rate of growth” which is barely five percent if you go by the 2004, 2005 base year. The fact is that no reform is going to work because the government has lost the plot of the economy,” Manish Tewari said.

“They have promised a million jobs a month, the fact is Indian economy is shedding jobs, “he added.

Tewari further said that notwithstanding the claims made by the government, both the Prime Minister and the Finance Minister need to take a hard look at the economy.

After the Union Cabinet approved four GST legislations on Monday, Prime Minister Modi said that the move will give a boost to the government’s reform agenda.

“Crucial bills relating to GST have been approved by the Cabinet, giving a boost to our reform agenda,” he tweeted.