Like our Facebook Page

news details

Indian economy in strong position, says BJP as GDP grows at 8.4% 12/1/2021 10:31:26 PM Agencies New Delhi, Dec 1: Citing GDP growth figures and other economic indicators, the BJP asserted on Wednesday that the decisions taken by Narendra Modi-led government following the Covid-19 pandemic have been paying off, and India is emerging as a bright spot in the global economy. Prime Minister Modi has shown “extraordinary” leadership in extraordinary times, BJP spokesperson Syed Zafar Islam said in reference to the pandemic. COVID-19 adversely affected economies around the world, including India, he said, praising the way Modi handled the crisis and initiated policy measures to “convert the adversity into an opportunity”. “We are now in a very strong position,” he told reporters. Indian economy remained on track to post the fastest growth among major economies this year as its GDP expanded by a better-than-expected 8.4 per cent in the July-September quarter to cross pre-pandemic levels. The GDP growth in the second quarter of the current fiscal (2021-22) was lower than the 20.1 per cent expansion in the previous quarter which largely reflected a bounce back from last year’s crash but was better than the contraction of 7.4 per cent in July-September 2020, official data released on Tuesday showed. Islam said, “The economic activities, FDI numbers and several other indicators are at all-time highs. These are very positive signs, and show that the Aatmanirbhar Bharat package has helped the nation. This will create a lot of jobs in the future, helping the next generation.” He also rejected criticism about price rise, saying consumer price index has been on average less than 4 per cent during the BJP’s rule for the last seven years but the figure was in double digit for many years during the UPA rule. Prices of some vegetables and items might have gone up due to seasonal reasons but they are now coming down, he said.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

9 months on, Early Times without Govt advts; staffers stage silent-protests outside DIPR office J&K has become poor after its transition into UT: Azad Downgrading JK made no sense: Omar Abdullah NC helping BJP indirectly: Sajad Lone Drug Addiction J&K data tabled in Rajya Sabha paints gloomy picture JK UT has 5500 HIV-positive patients, cases on rise in Jammu Jaish IED expert among 2 militants killed in Pulwama Traffic cop shot at in Srinagar Terrorist incidents declined in JK after Article 370 abrogation: Govt Fake currency racket: NIA court frames charges against 2 ISI agents 2 years on, JE reluctant to release payment despite completion of work

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE