Former Finance Minister and senior Congress leader P Chidamabram on Saturday dared Narendra Modi-led government to match up with the UPA’s GDP rate in its fifth year and said that back series calculation of GDP has proved that the best years of economic growth were the UPA years 2004-2014.
Referring to the recently released Ministry of Statistics’ data, Chidambaram said,”Truth has triumphed. The back series calculation of GDP has proved that the best years of economic growth were the UPA years 2004-2014.”
"The average growth rate under four governments since 1999 were– NDA I – 5.68 per cent, UPA I – 8.36 per cent UPA II – 7.68 per cent and NDA II – 7.35 per cent (four years),” the Congress leader stated, adding “I wish the Modi government well in its fifth year. It can never catch up with UPA I, but I wish it catches up with UPA II.”