According to Congress sources, Sonia said this while addressing the meeting of party general secretaries, state in-charges, state unit chiefs and others here on Thursday.
Critisizing Prime Minister Narendra Modi government, Chidambaram said, " I am deeply concerned about the economy. The poor are the worst affected. Lower incomes, fewer jobs, less trade and lower investment affect the poor and the middle class. Where is the plan to get the country out of this decline and gloom?"
Priyanka Gandhi has launched a scathing attack on the Modi government vis-a-vis economic slowdown. "The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians," Priyanka Gandhi said.
Vice-President M Venkaiah Naidu on Wednesday termed the economic slowdown as a "temporary effect" due to global factors and stressed that India will achieve its target of becoming a USD 5 trillion economy by 2024-25.
President of US-India Business Council (USIBC) Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country at a time when the global economy is beset with challenges. Indian Prime Minister Narendra Modi is scheduled to visit the US later this month. Biswal, 55, said the USIBC members are eager to hear from him.
Congress leader Priyanka Gandhi Vadra on Sunday attacked Finance Minister Nirmala Sitharaman for not acknowledging that there was a "slowdown", saying she needs to get over "politicking" about the state of the economy and come clean with the people of India.
A sharp deceleration in manufacturing output and subdued farm sector activity pulled down India's gross domestic product (GDP) growth to 5 per cent in the April-June quarter.
In a bid to stabilise the faltering economy, Sitharaman had on Friday announced the removal of surcharge on capital gains on shares for both foreign and domestic investors, provided an upfront Rs 70,000-crore equity infusion into public sector banks to boost lending, and unveiled measures to push automobile sales.
The annual GDP growth in India decelerated to 6.8% from 7.2% in 2017-18 this year. Economic growth figures have been slowest since 2014. Former Governor of Reserve Bank of India Raghuram Rajan said that growth figures by a variety of private analysts are "significantly below" than government projections. He followed up by saying that "slowdown in the economy is very worrisome".
Prime Minister Narendra Modi today held a meeting with BJP chief Amit Shah and Finance Minister Arun Jaitley.
The Prime Minister made it clear that he was in full control of the economy, and was keeping a watchful eye on shortcomings.
The final decision on the fund infusion and on breaching the fiscal deficit target will be taken by Prime Minister Narendra Modi, a media report said
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Mumbai: In its biggest fall in more than three months, the benchmark BSE Sensex today plunged by 537.55 points to crack below the 26,000-mark as worries over China's economic slowdown and geopolitical tensions in the
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Ahmedabad, Jul 25: Attacking the UPA government for the economic slowdown, Gujarat Chief Minister Narendra Modi today alleged lack of leadership and policy paralysis are responsible for the state of the economy. Speaking at an awards
Amritsar, Jun 24: BJP-backed Presidential poll candidate P A Sangma today targeted Finance Minister and UPA nominee Pranab Mukherjee for the economic slowdown.“If the rupee is at an all time low, if the international rating
On Board PM's Special Aircraft, Jun 23: Prime Minister Manmohan Singh today said his government will work its way to restore the momentum of growth in the wake of the economic slowdown and sought cooperation
New Delhi, Jun 1 : Amid declining growth rate and the need to arrest economic slowdown, Prime Minister Manmohan Singh today approved setting up of an Investment Tracking System to ensure speedy implementation of mega
Mumbai, Sept 11 : The Indian Institute of Foreign Trade (IIFT) is apprehensive about the deepening slowdown in Western markets having an impact on the domestic jobs market, even though requests from domestic companies for
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