Amid concerns over slowing economic growth, BJP President Amit Shah on Monday lauded the government’s efforts to boost the economy and hailed its actions like demonetisation and introduction of the Goods and Services Tax (GST).
In his presidential address to the National Executive of the BJP, he said fundamental changes in the economy will make India a World Guru.
What was the state of economy in 2014? This was acknowledged by many well-known economists. Fiscal deficit was around 4.9 percent, Current Account Deficit was around five percent, rate of inflation was close to double-digit figures and growth rate was about 4 to 4.5 per cent down. The value of rupee was also dropping. There was a policy paralysis.Union Minister Piyush Goyal quoted Amit Shah
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Topics: BJP Chief Amit Shah
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