Business Standard

Economic Survey data suggests Modi govt has undone Indian economy: Congress

Surjewala said the nation had a lot to worry about with rising oil prices, no private investment, and limited government investment


Prime Minister Narendra Modi during the Beating Retreat ceremony at Vijay Chowk in New Delhi (Photo: PTI)

BS Reporter New Delhi
Strongly criticising the Economic Survey 2018 for having failed the people, the Congress party said it would need a miracle for the Indian economy to achieve a growth rate of 6.75% in 2017-18 and said the Survey created grounds for almost certain overall economic failure because it was based on premises that were questionable.

In a statement, former finance minister P Chidambaram said the future success of the economy was based on two conditions that were shaky: that the world economy would hold; and oil prices would hold. Neither premise, he said, looks particularly stable. According to Chidambaram, the government

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First Published: Jan 29 2018 | 9:52 PM IST

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