Monday, September 23, 2013

Row over NDA vs UPA: Modi's falsification

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.

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