Chidambaram dares BJP to contradict official data on economy growth
Senior Congress leader P Chidambaram Sunday dared BJP to contradict an official data on growth which has said the economy clocked a 10.08% growth in 2006-07 under the UPA rule, the highest since liberalization in 1991. He reacted after BJP President Amit Shah asked his party leaders to challenge Chidambaram and others from the opposition for an open debate on government's economic policies.
Congress has already started data-based debate: Chidambaram
Chidambaram said Congress has already started a data-based debate and has put out data, including Central Statistical Organization (CSO) data on growth during NDA-1, UPA-1, UPA-2, NDA-2. "Does BJP accept CSO data or not? Let BJP put out data contradicting CSO data," he said.
Indian economy clocked 10.08% growth rate in 2006-07: MOSPI
According to back series data on GDP, released by Ministry of Statistics and Program Implementation (MOSPI) last month, Indian economy clocked a 10.08% growth rate in 2006-07 under the then PM Manmohan Singh, the highest since the liberalization of the economy in 1991. The highest ever growth rate since Independence was recorded at 10.2% in 1988-89 when Rajiv Gandhi was the PM, data said.
Committee on Real Sector Statistics prepared back series data
The back series data on GDP has been prepared by the Committee on Real Sector Statistics, constituted by the National Statistical Commission. The report has been released on the website of the MOSPI.
UPA-1, UPA-2 governments delivered highest decadal growth since Independence: Chidambaram
After the data was released, Chidambaram said the Congress-led UPA-1 and UPA-2 governments delivered the highest decadal growth since the Independence. The average growth rate under the UPA-1 government was 8.87%, during which it also registered a double-digit growth rate of 10.08% in 2006-07 and under the UPA-2 dispensation, it was 7.39%, he had said, citing data on GDP released by Statistics Ministry.
Modi-govt performed far better on economic front than UPA: Shah
The BJP, however, had said the data wasn't official and that it hadn't been accepted by the government yet. BJP President Shah said Saturday the Narendra Modi government had performed far better on the economic front than the UPA and asked party leaders to challenge Chidambaram and other opposition leaders for an open debate on government's economic policies, based on facts and figures.