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BJP has done nothing except making speeches: Hooda

Press Trust of India  |  Dehradun 

Terming the three years of the led at the Centre as extremely disappointing, former chief minister said today that the country's economy has suffered during this period.

"The has done nothing in the last three years except for making speeches. It has not been able to arrest the steady decline in the country's economy which has hit an all time low," Hooda, a senior leader, said at a press conference here.

The between January-March this year has dropped to 6.1 per cent which is one per cent lower than last fiscal, he said.

Similarly, the Gross Value Added of industries (GVA) which is the most dependable yardstick for measuring growth has fallen from 10.7 in March 2016 to 3.8 per cent in March this year, he said.

In February 2016, the Index of Industrial production was growing at the rate of 5.3 per cent which dropped to 1.9 per cent in March 2017, he said.

The investment rate in the country currently is the lowest in fourteen years, he claimed.

Attributing the country's economic decline to demonetisation, he said the BJP's three years in power at the Centre have been extremely disappointing.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 15 2017. 22:02 IST