TRS Govt lying on growth figures: Congress

Hyderabad: The Congress party on Thursday accused the TRS Government of manipulating economic data to highlight Telangana as the richest and fastest growing State to extract benefit in the forthcoming Lok Sabha elections.

Addressing the media at Gandhi Bhavan, TPCC Spokesperson Syed Nizamuddin said the TRS Government’s claims of Telangana State having over 17% growth rate were far from reality. Similarly, the claims on Per Capita Income were highly disputable, he said. “Telangana’s economy is in extremely bad shape. CM KCR is giving wrong and misleading figures on Telangana’s economy. In his budget speech on February 22, 2019, the Chief Minister claimed that Telangana’s GSDP has increased from 4.2% in 2013-14 to 10.6% in 2018-19. He also claimed that Telangana was estimated to grow at 15% in 2018-19 as against country’s growth rate of 12.3%. These statistics are far from reality and there is no clue how he arrived at these figures,” Syed Nizamuddin said.

Nizamuddin also welcomed the statement of former RBI Governor Raghuram Rajan wherein he described ‘Nyuntam Aay Yojana’ or NYAY scheme proposed by Congress President Rahul Gandhi as workable. He said Raghuram Rajan has predicted that the scheme would promote growth at the grassroots level. “Raghuram Rajan is a noted economist and his views are of high significance. Congress party has always designed pro-people schemes like NREGA which revolutionised lives of poor people,” he said.

MS Education Academy

[source_without_link]NSS[/source_without_link]

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