"When you raise every issue like this, the confidence of those coming from outside to invest is stopped, industrialists here will stop investment. Will the BJP governments and the BJP invest money," Telecom Minister Kapil Sibal said when asked to comment on the latest growth figures.
Sibal said he wanted to know from the BJP whether they can run the country without growth.
Official data released today showed the economy grew by 5.5 per cent in the first quarter of the current fiscal as against 8 per cent during the same period of previous fiscal.
"When we try to end all the industry, then how will growth rate increase. This should be concern of all political parties. Unless we reach 8-9 per cent growth rate, the facilities we want to give to the common man cannot be given," he said.
"Will stoppage of legislative work help growth? People should not be 100 per cent selfish in politics. They should sometimes think of nation first and leave aside their political hunger," Sibal said. (MORE)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
