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Opposition slams govt over slow growth, high inflation, job crisis

Business Standard LogoBusiness Standard5h ago

Opposition slams govt over slow growth, high inflation, job crisis - Business Standard

Quick Summary:

Opposition members on Monday flagged the low economic growth rate of 5.4 per cent in the second quarter of current fiscal and sought to know from the Finance Minister what steps the government is taking to boost growth, control inflation and create jobs.

Participating in the debate on Supplementary Demands for Grants in the Lok Sabha, TMC member Sougata Ray said the government is caught in "pincer movement" of whether to push growth or control inflation and the economy is not in a "fair shape".

He also alleged that former RBI Governor Shaktikanta Das had to leave the Reserve Bank because he did not heed to the demand of Finance Minister Nirmala Sitharaman to cut interest rate.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 18:15:31 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 668 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24433543

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 286 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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