Sitharaman's "lost decade" jibe, after Chidambaram's "arithmetic inevitability" comment on India becoming 3rd largest economy
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Union Finance Minister Nirmala Sitharaman countered former finance minister P Chidambaram's remarks on India becoming the third largest economy. Sitharaman questioned why India's ranking in terms of GDP only grew by two ranks during 2004-2014. She referred to that period as a "lost decade" due to bad policies and corruption. Sitharaman highlighted that under Prime Minister Narendra Modi, India's ranking jumped five ranks and is currently the 5th largest economy. She also discussed the potential growth sectors in India, including renewables, advanced chemistry, green hydrogen, AI, agro-processing, and fintech.

#NirmalaSitharaman #PChidambaram #India'sEconomy #Gdp #PrimeMinisterNarendraModi #GrowthSectors

https://m.economictimes.com/news/elections/lok-sabha/india/sitharamans-lost-decade-jibe-after-chidambarams-arithmetic-inevitability-comment-on-india-becoming-3rd-largest-economy/articleshow/109687297.cms