Gehlot hits out at BJP over falling GDP

PTI | Jaipur | Updated: 30-11-2019 12:15 IST | Created: 30-11-2019 12:15 IST
Gehlot hits out at BJP over falling GDP

Rajasthan Chief Minister Ashok Gehlot on Saturday questioned whether the fall of GDP was not an indication of economic recession. "India's GDP growth rate for 2nd quarter of present financial year has fallen to 4.5 per cent, which is the lowest in last 6 years. GVA growth has also dipped drastically,” Gehlot tweeted.

"This is the 5th consecutive quarter to see such a fall. If this is not economic recession, then what is?” the chief minister asked. India's economic growth slipped further to hit an over six-year low of 4.5 per cent in July-September, according to official data released on Friday.

According to the data released by National Statistical Office (NSO), the gross value added (GVA) growth in the manufacturing, farm and construction sectors also dipped.PTI SDA RCJ

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


TRENDING

OPINION / BLOG / INTERVIEW

China: A savior for emerging markets or a poison pill?

... ...

Future of Urban Planning: Artificial Intelligence guiding the way

Advances in emerging technologies like Artificial Intelligence and Machine Learning can help us understand our cities better and derive useful insights from real-time data collected through automated models....

Videos

Latest News

SAI to engage specialised manpower for better athlete experience

The 54th Governing Body Meeting of the Sports Authority of India SAI took place on Wednesday under the chairmanship of Sports Minister Kiren Rijiju. The focus of the meeting was on the development of various aspects of the National Centre o...

Bengal assembly passes resolution demanding withdrawal of new farm laws

The West Bengal assembly onThursday passed a resolution against the three contentiousfarm laws enacted by the Centre and demanded that they bewithdrawn immediately.The resolution was moved by Parliamentary AffairsMinister Partha Chatterjee....

IndiGo reports Q3 loss of Rs 620 crore as revenue drops to half

Budget carrier IndiGo on Thursday reported a net loss of Rs 620 crore for the October to December quarter Q3 FY21 as against a net profit of Rs 496 crore in the year-ago period. The pre-tax loss came in at Rs 623 crore compared with Rs 557 ...

Pamela Anderson secretly married her bodyguard Dan Hayhurst

Hollywood actor Pamela Anderson, who recently revealed that she is quitting social media, has tied the knot with her bodyguard, a bodybuilder and fellow Canadian, Dan Hayhurst. As per E News, the 53-year-old actor married Hayhurst in an int...

Give Feedback