{"id":1974,"date":"2018-11-29T06:54:24","date_gmt":"2018-11-29T06:54:24","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=1974"},"modified":"2018-11-29T06:59:17","modified_gmt":"2018-11-29T06:59:17","slug":"chidambaram-criticizes-niti-aayog-for-slashing-upa-growth-rate-and-calls-it-a-bad-joke","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=1974","title":{"rendered":"Chidambaram criticizes NITI Aayog for slashing UPA growth rate and calls it a bad joke"},"content":{"rendered":"<p><strong>New Delhi, <\/strong>In a series of tweets, veteran Congress leader P Chidambaram said the revision of the GDP figures was worse than a bad joke.<\/p>\n<p>Chidambaram has accused the Niti Aayog of carrying out a hatchet job, demanding that the body be disbanded for slashing the growth rate during UPA regime allegedly at the behest of the Narendra Modi government.<\/p>\n<p>Niti Aayog&#8217;s revised GDP numbers are a joke. They are a bad joke. Actually, they are worse than a bad joke. The numbers are the result of a hatchet job. Now that Niti Aayog has done the hatchet job, it is time to wind up the utterly worthless body, he said.<\/p>\n<p>Chidambaram&#8217;s tweets echoed the scathing attack his party launched against the Modi government on Wednesday, saying the move to downgrade the GDP numbers reflects a desperate attempt to undermine India&#8217;s growth story over the last 15 years.<\/p>\n<p>The government lowered the country&#8217;s economic growth rate during the previous Congress-led UPA regime, shaving off over one percentage point from the only year when India posted double-digit GDP growth post liberalisation and from each of the three years with 9-plus per cent expansion. This has upset the Congress.<\/p>\n<p>Recalibrating data of past years using 2011-12 as the base year instead of 2004-05, the Central Statistics Office estimated that India&#8217;s GDP grew by 8.5 per cent in the financial year 2010-11 (April 2010 to March 2011) and not at 10.3 per cent as previously estimated.<\/p>\n<p>Similarly, 9.3 per cent growth rate each in 2005-06 and 2006-07 was lowered to 7.9 per cent and 8.1 per cent respectively, while 7.7 per cent rate was now estimated for 2007-08 instead of 9.8 per cent.<\/p>\n<p>The revised growth numbers have been released ahead of the 2019 general elections and the Opposition sees a foul game here<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, In a series of tweets, veteran Congress leader P Chidambaram said the revision of the GDP figures was worse than a bad joke. Chidambaram has accused the Niti Aayog of carrying out a hatchet job, demanding that the body be disbanded for slashing the growth rate during UPA regime allegedly at the behest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":{"0":"post-1974","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1974"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1974\/revisions"}],"predecessor-version":[{"id":1976,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/1974\/revisions\/1976"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/1977"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}