New Delhi: The Modi government at the Center has received bad news from the International Monetary Fund (IMF). According to IMF estimates, India's gross domestic product (GDP) growth rate in 2019-20 will be just 4.8 percent. Following this IMF estimate, Congress has targeted the Modi government. Former Union Finance Minister P Chidambaram and former Law Minister Kapil Sibal had said that Modi government ministers will now attack IMF and Chief Economist Geeta Gopinath.
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Senior Congress leader Chidambaram tweeted that, 'IMF Chief Economist Geeta Gopinath was one of the first to condemn demonetization. I think we should be prepared for the attack on the IMF and Dr. Geeta Gopinath by the ministers of the Modi government. Even after all efforts, GDP will remain at 4.8%. I will not be surprised if this gets reduced further. The IMF's Reality Check will have a growth rate of 4.8%, down from 5% in 2019-20.
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At the same time, senior advocate and Congress veteran Kapil Sibal tweeted that, 'IMF has reduced India's GDP for 2019 to 4.8 percent. This will bring down the global economy. All over India, young and old (who cannot be identified with their worn clothes) are protesting against the government. It shows that the Modi-Shah pair is weakening Indian democracy. '
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