- IMF has projected the Indian financial system to contract by 10.3% this yr
- “One other stable achievement by the federal government,” Rahul Gandhi mentioned
- India is more likely to bounce again with a powerful 8.8% development charge
Congress chief Rahul Gandhi took a dig on the centre on Friday over IMF’s projection that the Indian financial system is ready to contract by a large 10.3 per cent this yr, saying it was one other “stable achievement” by the federal government.
Mr Gandhi took a swipe on the authorities on Twitter by tagging a chart that confirmed IMF development projections for 2020-21 for Bangladesh, Myanmar, Nepal, China, Bhutan, Pakistan, Sri Lanka, Afghanistan and India.
The chart confirmed that the Indian financial system is projected to contract by a large 10.3 per cent this yr, the very best contraction among the many nations talked about.
“One other stable achievement by the BJP authorities. Even Pakistan and Afghanistan dealt with Covid higher than India,” Mr Gandhi tweeted with the chart.
One other stable achievement by the BJP authorities.
Even Pakistan and Afghanistan dealt with Covid higher than India. pic.twitter.com/C2kILrvWUG
– Rahul Gandhi (@RahulGandhi) October 16, 2020
The previous Congress chief on Wednesday had additionally taken a dig on the authorities over IMF development projections displaying Bangladesh closing in on India by way of per capita GDP this yr and described it as a “stable achievement” of six years of BJP”s “hate-filled cultural nationalism”.
The Indian financial system, severely hit by the coronavirus pandemic, is projected to contract by a large 10.3 per cent this yr, the Worldwide Financial Fund had mentioned on Tuesday.
Nonetheless, India is more likely to bounce again with a powerful 8.8 per cent development charge in 2021, thus regaining the place of the quickest rising rising financial system, surpassing China’s projected development charge of 8.2 per cent, the IMF mentioned in its newest ”World Financial Outlook” report.