Narendra Modi has egregiously claimed that growth in national income during the NDA regime (1998-99 to 2003-04) was higher than during the UPA regime. This claim is not borne out by statistics recently released by RBI.
http://rbidocs.rbi.org.in/rdocs/Publications/PDFs/002T_BST130913.pdf
According to this, GDP at Factor Cost increased as under:
1998-99: 6.68%
99-00: 8.00%
2000-01: 4.14%
01-02: 5.39%
02-03: 3.87%
03-04: 7.97% Average: 6.01%
2004-05: 7.05%
05-06: 9.48%
06-07: 9.57%
07-08: 9.32%
08-09: 6.72% Average: 8.43%
2009-10: 8.59%
10-11: 9.31%
11-12: 6.21%
12-13: 4.99 % Average: 7.28%
Mr.Modi should know that we are not living in Russia where they take liberties in altering the past also.
http://rbidocs.rbi.org.in/rdocs/Publications/PDFs/002T_BST130913.pdf
According to this, GDP at Factor Cost increased as under:
1998-99: 6.68%
99-00: 8.00%
2000-01: 4.14%
01-02: 5.39%
02-03: 3.87%
03-04: 7.97% Average: 6.01%
2004-05: 7.05%
05-06: 9.48%
06-07: 9.57%
07-08: 9.32%
08-09: 6.72% Average: 8.43%
2009-10: 8.59%
10-11: 9.31%
11-12: 6.21%
12-13: 4.99 % Average: 7.28%
Mr.Modi should know that we are not living in Russia where they take liberties in altering the past also.
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