‘How can a country grow without employment?’: Chidambaram’s dig at Modi govt


New Delhi, Feb 1 (PTI): Former finance minister P Chidambaram on Friday raised doubts over the GDP figures, wondering how the economy is growing at 7 per cent when the unemployment rate was the highest in 45 years.

Taking a dig at the Centre, he claimed that when the government revised the GDP figures it did not realise that the unemployment figures also got revised.

Chidambaram’s remark came ahead of the interim Budget on Friday.

The government on Thursday said it has not finalised the survey on labour force which reportedly showed that the unemployment rate in the country hit a 45-year high of 6.1 per cent in 2017-18.

The National Sample Survey Office’s (NSSO’s) periodic labour force survey (PLFS), according to the Business Standard newspaper, states that unemployment was last this high in 1972-73. The unemployment rate was 2.2 per cent in 2011-12, it said.

“NITI Aayog vice-chairman asked ‘How can a country grow at an average of 7 per cent without employment?’ That is exactly our question. With unemployment at a 45-year high, how can we believe that the economy is growing at 7 per cent,” Chidambaram said on Twitter.

“Modi Government revises GDP growth figures upward. What government did not realise was that unemployment figure was also revised upwards,” he tweeted.

On Thursday, Niti Aayog Vice Chairman Rajiv Kumar, who had previously mounted a defence of lowering of UPA-era GDP growth rates, at a hurriedly called press conference said the report cited by the newspaper “is not finalised. It is a draft report”.

The report generated a lot of controversy, with Congress President Rahul Gandhi saying the Modi government had promised two crore jobs, but five years later a “leaked job creation report card” has revealed a “national disaster”.

‘Let's have another round of demonetisation’

Chidambaram also took a swipe at the government over claims of high growth despite demonetisation and asked if this time Rs 100 notes would be demonetised.

“The demonetisation year was the best year of growth (8.2 per cent) under Modi. So, let’s have another round of demonetisation. This time let’s demonetise 100 rupee notes,” he said.

  

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Comment on this article

  • Sudhir Kumar, mangalore

    Fri, Feb 01 2019

    Great visionary like Nehru has created ISRO which has led the strong foundation for a great nation.
    Chaiwala without any vision has wasted 10,000+ crores hard earned tax payers money on statue.
    Chaiwala ki soch
    chai, pakoda and statue

    DisAgree [3] Agree [6] Reply Report Abuse

  • Dr S Kamath, Mumbai

    Fri, Feb 01 2019

    ISRO started in 15 th August 1969
    Nehru died on 27 th May 1964
    How and why you said Nehu stated ISRO ?

    DisAgree [2] Agree [2] Reply Report Abuse

  • David Pais, Mangalore

    Fri, Feb 01 2019

    when rajivji inaugurated atm @ delhi da bjp people have protested saying dis will create jobless 2 indians. when manmohanji brought up civilian nuclear power 4 india da bjp faught tooth & nail in da parliament. 2day chaiwala is claiming electrification of villages. all indians r not fools like da literate bhaktas of chaiwala

    DisAgree [1] Agree [2] Reply Report Abuse

  • Sudhir Kumar, mangalore

    Fri, Feb 01 2019

    Don't comment if you don't know the history properly. Nehru has created Department of Space in 1961. In 1969 Department of Space has opened ISRO. so, who is responsible for ISRO ?

    DisAgree [1] Agree [2] Reply Report Abuse

  • shaikhr, Karkala

    Fri, Feb 01 2019

    BJP cannot win 2019 with the help of this Manifesto(Budget) as Indians(except the Bhaktas) know that not even 25% of it is realistic and achievable.

    DisAgree [3] Agree [2] Reply Report Abuse

  • David Pais, Mangalore

    Fri, Feb 01 2019

    @ R.Bhandarkar, Mangaluruchai, & Sudhakar, Kallianpur, chai, pakoda, pakoda, kereng podi & grossery shop people r not paying taxes. dey r da cheaters 2 da nation. where r da jobs in india. boda nikkleg yenna paaysa????????? ಬೋಡ ನಕ್ಕ್ಲೆಕ್ ಎನ್ ಪ್ಯಾಸ. ಕಾಸ ಚಾಯದ ಲೆಕ್ಕ 30ರೂಪ್ಯಾ ಅತ್ತ. 05 ರೂಪ್ಯಾ chaiwaya choromka chor rafale chor demonetisation tuglaq-raaj chor.

    DisAgree [2] Agree [3] Reply Report Abuse

  • Roshan, Mangalore

    Fri, Feb 01 2019

    Then why still our people work in gulf and western countries ..?? Why couldnt give job in your 70 year service ??!!!

    DisAgree [2] Agree [6] Reply Report Abuse

  • Jennifer, Mangalore

    Fri, Feb 01 2019

    'Make in India' started in 2014 and a specific budget amount got reserved for the purpose.

    Its 2019 and our youth are still working in the Gulf.

    DisAgree [4] Agree [4] Reply Report Abuse

  • Sudhakar, Kallianpur

    Fri, Feb 01 2019

    David paiser Budget session live tutera ijja gottujii... Aanda ini baari becchodu uller....

    DisAgree [2] Agree [5] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Fri, Feb 01 2019

    Paisereg Modiji....Pudhaar Odhunda Sayee... Enchina Gothijee ...Kalkere Shuru...

    Kudonji Jana OOndu...Udupi dha AB Dulla alias Podi Abdullah.... Yanna Pudhar Toondha sayee....

    SUyunkaaaa... BP ...Yeruni...

    Ithe Modiji Paisereg Daadha Malthader?

    Yaan Podi Abdullereg Daadha Malthade...

    Paanle Maatherlaa...Please...

    OOndhu serious aave...Censor malpodchi

    DisAgree [4] Agree [5] Reply Report Abuse

  • Expose Feku, Mangalore

    Fri, Feb 01 2019

    Feku is chaiwala
    Not oxford educated MMS
    Feku's Employment scheme is chai and pakoda.

    DisAgree [4] Agree [7] Reply Report Abuse

  • David Pais, Mangalore

    Fri, Feb 01 2019

    countries fundoo organisations can grow from demonetisation & rafale scams. 4 citizens no jobs. p.m. illiterate.

    DisAgree [3] Agree [5] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Fri, Feb 01 2019

    Who has stopped you from selling Pakoda's ...

    DisAgree [4] Agree [7] Reply Report Abuse

  • R.Bhandarkar, Mangaluru

    Fri, Feb 01 2019

    This fellow once again I tell you...
    Is a certified chor CC by none other than Sri.Janardhan Poojaryji...(Imbe malthinaa kendaa Congress da Satyanaasa AAVU...was his dialogue...not mine)
    Such a chor....Having a Dig at anybody?Wah Wah...
    This is for sure....
    He will soon be eating Daal Roti with the other Dalaals in Tihar...

    DisAgree [11] Agree [9] Reply Report Abuse

  • mahesh, mangalore

    Fri, Feb 01 2019

    Farmers and middle class have been benefited.
    Fantastic budget.
    great job by the NDA govt.

    DisAgree [10] Agree [6] Reply Report Abuse

  • Vijay, Mangalore

    Fri, Feb 01 2019

    Mr Mahesh are you a farmer. Do you know the difficulties of theirs

    DisAgree [1] Agree [4] Reply Report Abuse

  • Rakesh, Mangalore

    Fri, Feb 01 2019

    This Budget is nothing but Election Manifesto of BJP. wait for the next Govt to come to office and present the full budget again. Then see how many of the current announcements are included in the new budget...!!!

    DisAgree [2] Agree [1] Reply Report Abuse


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