Former finance minister P Chidambaram on Monday raised doubts over high GDP growth projections for 2022-23 in Union Budget, saying these number are not credible. Participating in the debate on the Appropriation Bill and Finance Bill, Chidambaram said, “I am cautioning the government that you (will) not get 8 per cent, 9 per cent or 9.5 per cent GDP growth. The world is going through a churning. IMF has lowered growth rate (projections) for all countries by 0.5 per cent to 2 per cent, I think we must settle for lower growth rate. We must achieve that lower growth rate.”
#PChidambaram #GDP #NirmalaSitharaman #RussiaUkraineWar #IncomeTaxAct #DirectTaxesCode #FinanceMinister
Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.
