New Delhi: Finance Minister P Chidambaram today charged Gujarat Chief Minister Narendra Modi with staging a “fake encounter with facts” regarding his claims of economic growth during BJP-led NDA being 8.4 per cent and said nothing can be further from truth.
“The average for the six year period (under Atal Bihari Vajpayee government from 1998-99 to 2003-04) was 6.0 per cent and the average for the last five years (1999-2000 to 2003-04) was 5.9 per cent,” he said in a statement here.
In contrast, the average growth rate during Congress-led UPA's first term was 8.4 per cent and 7.3 per cent during the first four years of UPA-II, he said.
“The two worst years since the turn of the century were 2000-01 (4.3 per cent) and 2002-03 (4 per cent),” he said giving out yearly GDP growth rate during the six years of NDA rule under Vajpayee.
