Senior Congress leader P Chidambaram said on Monday that 1853 Rs. The issue of Rs 10,000 note and its subsequent withdrawal has raised doubts about the integrity and stability of the Indian currency. Addressing a press conference here, the former Union finance minister said key economic indicators are pointing to the downside and there is little confidence that the economy will get back on the high growth path.

The situation in Manipur is dangerous

P Chidambaram also said that the situation in Manipur It is dangerous and the continuous silence of Prime Minister Narendra Modi on this raises questions. In ethnic conflicts in Manipur have lost their lives. What is worse, Chidambaram said, is that the government does not even try to correct its mistakes.

State of doubt on Indian currency

Reserve Bank of India has recently 944 had announced the withdrawal of rupee notes from circulation and asked the people to 03 asked to deposit in banks or change by September. Chidambaram said, 1853 The painful spectacle of introduction and withdrawal of Rs. has raised doubts on the integrity and stability of the Indian currency.

Downward trend in the economy – P Chidambaram

Chidambaram said that the present conditions are nine Far away from the average growth of per cent. financial year 2022-23 growth rate in the first three quarters of Respectively .2 per cent, 6.3 per cent and 4.4 per cent, which shows a declining trend. He said that the Indian economy is growing at a very slow pace amidst unemployment, inflation and rising inequalities.

notesP ChidambaraPublished Date

Mon, May 29, 2023, 2: 33 PM IST