Subramanian Swamy’s take on Indian Economy, says Why do Modi and MoF keep saying “ Indian economy is the fastest growing” when it is not so ?
Subramanian Swamy, the former Cabinet minister of Rajya Sabha tweeted that ‘Why do Modi and MoF keep saying “ Indian economy is the fastest growing” when it is not so ? It is like “$ 5 trillion goal, green shoots or V shaped” claims which were all bogus. Such false claims hurt India’s global credibility. Maybe I will write an Op Ed to correct it.’
The former cabinet minister objected to PM Modi for declaring that the Indian economy is growing faster.
Going back to 2019, PM Narendra Modi planned to make India a US $5 trillion economy and a global economic house by 2024-2025.
However, the Indian economy is recovering the loss/damage happened during COVID lockdown.
Though the Russia – Ukraine war impacted the world economy but Indian economy grew by 6.4 percent in 2022, less than last year which tracked 8.8 percent.
Today, Swamy claimed, all this economic news is fake (bogus). He stated that, ‘Such false claims hurt India’s global credibility.’
He also mentioned that he will write an ‘Op-Ed’ i.e. opposite the editorial page.
On his tweet, many users supported his opinion and criticised PM Modi for just giving baseless hope and unplanned decisions.
Whereas, many users supported PM Modi and believed on his words.
Why do Modi and MoF keep saying “ Indian economy is the fastest growing” when it is not so ? It is like “$ 5 trillion goal, green shoots or V shaped” claims which were all bogus. Such false claims hurts India’s global credibility. May be I will write an Op Ed to correct it.
— Subramanian Swamy (@Swamy39) June 4, 2022
