Nothing in the budget to believe growth will rebound in FY21: Chidambaram

Slamming the Budget, senior Congress leader P Chidambaram said the Modi government is in complete denial that the economy faces a 'grave macro economic challenge'

Slamming the Budget, senior Congress leader P Chidambaram on Saturday said the Modi government is in complete denial that the economy faces a "grave macro economic challenge" and it has given up on reviving the economy, accelerating growth or creating jobs.

There is nothing in the Budget that leads one to believe that growth will revive in 2020-21 and the claim of 6 to 6.5 per cent growth next year is "astonishing and even irresponsible", the former finance minister said at a press conference.

He said the government "does not believe" in reforms and certainly not in structural reforms as Finance Minister