Politics

BJP Slams Congress Over Economic Growth Claims

Party says UPA's growth driven by global boom, while its policies led to decline

The Mooknayak English

New Delhi- The BJP released a factsheet challenging Congress's claims about economic growth, noting that UPA's 7.6% growth relied on the 2004-08 global boom before declining to 5.6% by 2012-13 due to corruption and mismanagement.

The document contrasts UPA's 6.8% average growth (2004-2014) with NDA's 8.4% (2014-2024). While UPA faced high inflation and current account deficits, India now projects 6.4% growth for 2024-25 despite global challenges.

The BJP highlights digital transformation successes, with transactions increasing from 2.2 billion (2013-14) to 208.5 billion (2024). The JAM Trinity enabled efficient DBT payments during Covid-19, distributing ₹27,442.08 crore to 11.42 crore beneficiaries.

The factsheet credits Modi's government with lifting 24.82 crore people from multidimensional poverty (2014-15 to 2022-23), while criticizing UPA's banking sector management. It notes how the "phone-a-loan" scandal led to an 11.6% NPA rate by 2018, benefiting defaulters like Nirav Modi and Vijay Mallya until IBC 2016 introduced structured exit mechanisms.

You can also join our WhatsApp group to get premium and selected news of The Mooknayak on WhatsApp. Click here to join the WhatsApp group.

Madras High Court Rejects Caste Bias Claims: "When a Judge Sits on the Dias, He Discharges His Judicial Duties as per His Conscience"

Allahabad HC Asks UP Govt: How Fake Arya Samaj Mandirs Flourish, Conduct Illegal Marriages of Minors?

Kharge's claim of being denied CM post in 1999 sparks row; BJP says Gandhi family blocked Dalit rise

Honour Killing: Dalit IT Engineer Murdered by MBC Youth Over Caste Dispute in Tirunelveli

Madras High Court Slams Police Negligence in SC/ST Act Cases: Rule 7 Explained