Sunday, December 21, 2025 | 04:49 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Interim Budget 2019: Growth much below potential hit by revenue, capex

Modi government betters UPA's policy paralysis years' growth performance

Core sector
premium

Indivjal Dhasmana New Delhi
Advance estimates say growth in the last year of this term of the Narendra Modi government will be higher than in 2013-14, the last year of the United Progressive Alliance (UPA) regime, though the potential for higher growth was greater.
 
Growth was 6.4 per cent in 2013-14. However, the last financial year of the UPA government saw an improvement over 5.5 per cent in 2012-13, though both the years were criticised as those of policy paralysis.
 
Advance estimates say growth will be 7.2 per cent in 2018-19, its last financial year. It is certainly an improvement, though growth