How Modinomics scores over Manmohanomics in the re-ignited GDP debate

The notion that the decline in GDP is the result of demonetisation is a myth

Between 2009-10 and 2013-14, the period during which Manmohan Singh was India’s Prime Minister, the Indian economy grew at 6.7 per cent and emerging market economies by 6.43 per cent. Between 2014-15 and 2018-19, the Indian economy, under Prime Minister Narendra Modi, grew at a superior yearly run rate of 7.4 per cent, despite the emerging market countries growing by 4.52 per cent. The recent 4.5 per cent gross domestic product (GDP) print for September 2019 quarter for India, has, however, reignited the Modinomics versus Manmohanomics debate.

Where the Modi government has done significantly better than Singh’s United Progressive Alliance (UPA)