January 08, 2025 12:21 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Indian-origin Anita Ananda might replace Justin Trudeau as Canadian PM | 'I won't bite': Kamala Harris tells Senator's husband as he refuses to shake hands with her | Centre announces memorial for Pranab Mukherjee, his daughter thanks PM Modi for 'gracious gesture' | Delhi assembly elections on Feb 5, results on Feb 8 | Allu Arjun visits boy injured during Pushpa 2 stampede in Hyderabad | Donald Trump repeats his US-Canada merger offer after Justin Trudeau's resignation | India's HMPV cases surge to 7 after two cases reported from Nagpur | H-1B visa renewal will get simpler in 2025, Indians to benefit most as home country travel won't be required | As India detects 3 HMPV cases, #lockdown trends; Centre says no need to panic | Justin Trudeau announces resignation as Canada's PM amid rising pressure by partymates
Rahul Gandhi
Image credit: IBNS File

'How to completely destroy economy': Rahul Gandhi's latest jibe at Centre

| @indiablooms | Oct 20, 2020, at 05:49 am

Kolkata/IBNS: In his latest jibe at the Centre, Congress leader Rahul Gandhi on Monday cited figures collated by renowned economist Kaushik Basu - which project India's GDP below the most among a selection of 11 Asian nations, including China.

Posting the figures, the Congress MP wrote: "How to completely destroy an economy and infect the maximum number of people really quickly."

In the tweet, a data table showed projected GDP growth (for 2020) for 11 Asian countries and the number of coronavirus-related deaths (per million) for each.

The figure showed India's projected GDP contraction of 10.3 per cent (according to an IMF report released earlier last week) and 83 Covid-related deaths per million, is at the bottom of a list that includes China, Bangladesh, Pakistan, Nepal and Sri Lanka.

Kaushik Basu, who served as Chief Economic Adviser to the Finance Ministry, on Monday tweeted a the table by IMF and warned: "Don't be in data denial. Mistakes happen-admit & take corrective action..."

In August, the government said India's GDP had contracted by 23.9 per cent as the pandemic brought a halt to major economic activities and left scores of people jobless.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.