Anurag Thakur attacks Manmohan, Chidambaram over economy

Hitting back at former Prime Minister Manmohan Singh and former finance minister P. Chidambaram for criticising the Centre over the plunging GDP figures, Union minister Anurag Thakur said both the Congress leaders needed to look back and see the state of the Indian economy during the tenures of the UPA.

He also asserted that the Modi government was taking all necessary steps to boost the economy.

"Both the former finance minister and the former prime minister need to first look back and see what was the state of the economy during their tenures. When they were in office, the inflation rate was in double digits and the economy was (growing at a rate of) under five per cent.

"You do not have to look back much. You will see this if you go six or seven years back," the Union minister of state for Finance told.

Manmohan had recently said the state of the economy was 'deeply worrying' and that 'all-round mismanagement' by the Modi government had resulted in the slowdown.

He had added that the last quarter GDP growth rate of five per cent signalled that 'we are in midst of a prolonged slowdown'.

Chidambaram also took a dig at the NDA government over the slump in the GDP, which dropped to an over-six-year low of five per cent in the April-June quarter.

Unfazed by the criticism by the opposition leaders, Anurag said India would become a USD 5 trillion economy well before 2024-25, a target set by Prime Minister Narendra Modi.