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P Chidambaram takes jibe at BJP govt over currency weakening; writes 'Q1 GDP at 8.2% a statistic, rupee at 70 to a dollar is reality'

“Q1 GDP at 8.2 per cent is a statistic. Rupee at 70 to a dollar is a reality", wrote Chidambaram.

Edited by: India TV News Desk, New Delhi [ Updated: September 01, 2018 13:47 IST ]
P Chidambaram
Image Source : PTI

P Chidambaram

Senior Congress leader and former Finance Minister P Chidambaram on Saturday lashed out at the Prime Minister Narendra Modi-led government over the continuous weakening of Indian currency with respect to US dollar. Responding to the GDP data released by the Centre on Friday, Chidambaram wrote on Twitter; “Q1 GDP at 8.2 per cent is a statistic. Rupee at 70 to a dollar is a reality. In Delhi, Diesel at Rs 70.21 and Petrol at Rs 78.52, is a cruel blow.”

Meanwhile, BJP President Amit Shah hailed the GDP figures and credited the 'transformative changes' ushered in by the Modi government for the 8.2 per cent growth in the economy and said it will mean better prospects for the common man.

“India’s rising economic fortunes mean better prospects for the common man, who will now have more means and opportunities to realise his or her dreams. New India, under PM Modi’s leadership, is now empowered more than ever. My compliments to the PM for this stupendous performance,” Shah tweeted.

“India’s GDP for the first quarter this year growing at 8.2% in otherwise an environment of global turmoil represents the potential of New India. Reforms and fiscal prudence are serving us well. India is witnessing an expansion of the neo-middle class,” Finance Minister Arun Jaitley said in a tweet.

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