Goal of USD 5 trillion GDP appears to be case of 'shifting goalposts': Chidambaram

News Network | Kolkata, India (PTI) - With Chief Economic Advisor V Anantha Nageswaran citing the IMF forecast that the Indian economy would cross USD 5 trillion by 2026-27, senior Congress leader P Chidambaram on Sunday said the goal of a USD 5 trillion GDP appears to be a case of "shifting goalposts" as the original target year was 2023-24. Speaking at the finance ministry's iconic week celebrations of 'Azadi ka Amrit Mahotsav', Nageswaran had said last week that IMF has forecast the Indian economy to cross USD 5 trillion by 2026-27. India's Gross domestic product (GDP) in dollar terms has already crossed USD 3 trillion. Reacting to the remarks, Chidambaram said the "goal of a USD 5 trillion GDP appears to be a case of 'shifting goalposts'". The original target year was 2023-24, the former finance minister said, adding that, "We are nowhere near that goalpost." "Now, the Chief Economic Adviser has said we will achieve the goal 'by 2027'," he said.

BJP’s cronyism has now crossed Palk Strait and moved into Sri Lanka. pic.twitter.com/Uy2w6szHNP
— Rahul Gandhi (@RahulGandhi) June 12, 2022

"I think each one of the key players has a different goalpost: PM, FM, FS and CEA. Whenever the Economy reaches the milestone, one can say 'We told you so'!" Chidambaram said. ___

🗞 The world’s most free-thinking e-newspaper. 🌿🌞 Discover photos, videos, audios and fresh visual content, as well as evergreen content—articles that aren't new to the web, but are new to you. 🧠 Feed your mind anytime, anywhere!!

_____ [Help support our independent journalism] Worldwide India

Donate Now

______ #NewsShowcase #India #Economy #GDP #GoalOfUSD5TTrillionGDPAppearsToBeCaseOfShiftingGoalpostsSaysChidambaram #Business #Finance #Government #NewsShowcase #Photodollar #EMIsToRiseAsReserveBankHikesRepoRateBy50Bps #RBIIncreasesEMIs2ndIn5Weeks #Demonetization #India #Government #Politics #RupeeSlumpsToAll-timeLow #McapOfEightOfTop-10FirmsTumbles #AmbaniFacebook #RelianceBiggestDrag #IndianRupee #InterestRates #AmbaniGates #ClimateChange #Equities #StockMarkets #RelianceSecurities #ForeignExchange #EnforcementDirectorateRaids26LocationsLinkedToABGShipyard #Mumbai #Gujarat #Surat #Pune #PhotodollarGujarat #PDTVSurat #BankFraud #ABGShipyard #ICICIBank #IDBIBank #PDTVSurat #StateBankOfIndia #BankOfBaroda #PunjabNationalBank #Corruption #Government #Politics #India #LICSlashesIPOFundraisingGoalToHalf #India #PDTVMoney #DigitalNewsNetwork #DigitalEconomy #InitialPublicOffering #IPO #LifeInsuranceCompany #InsurancePolicy #InterestRates #Government #Business #Finance #Investments #Politics #ResearchAndDevelopment #RemarksOnProphet #BJPGovernment #Delhi #Srinagar #Kolkata #Hyderabad #UttarPradesh #Karnataka #ProtestsEruptInSeveralCitiesAgainstRemarksOnProphetByEx-BJPSpokespersons #RemarksOnProphetByBJP #Photodollar #RemarksOnProphetByEx-BJPSpokespersons #CivilUnrest #IndianPoliceArrestYouthLeaderFromModiPartyForAnti-MuslimComments #MuslimNationsSlamIndiaOverInsultingRemarksAboutIslam #Afghanistan #SocialMedia #NarendraModi #MiddleEast #India #NewDelhi #Pakistan #Islam #Religion #Government #Politics #AsiaPacific #SaudiArabia #GulfStates #MuslimInstitutions #RemarksAgainstProphet #India #BJPGovernment #ViewsOfFringeElementsSaysIndia #ProphetMuhammadRemark #BJPProphetRemark #QatarSeeksPublicApologyAfterBJPProphetRemark #Islamophobia #Religion #Beliefs #WatchShopsInKuwaitRemoveIndianProductsAfterPropheticStatementsByAnIndianOfficial #RazaAcademy #Mumbai #QatarMinisterSummonsIndianEnvoyOnIslamophobicRemarks #IslamicOrganisationRazaAcademyMembersProtestAttacksOnKashmiriPandits #AttacksOnKashmiriPandits #BJPIslamophobicRemarks #Kashmir #CentralGovernment #Media #Politica #NewsIndia #Government #Politics #AmitShahReviewsSecuritySituationInJ-KAfterSeriesOfTargetedKillings #KashmiriPanditsProtestingButBJPBusyCelebratingItsEightYears #RahulGandhi #KashmiriPandits #Diplomacy #JammuAndKashmir #WorldNewsNetwork #Politics #OnlineNewsIndia #Governemnt #SharadPawarOnTheKashmirFiles #Movie #Mumbai #NewDelhi #ArvindKejriwal #KashmirFilesPolitics #India #Mumbai #Haryana #OnlineNewsNetwork #MadhyaPradesh #Gujarat #Government #TaxExemption #KashmiriPandits #Kashmir #CivilUnrest #Religion #Beliefs #India #Bollywood #Watch #PDTVEntertainment #Lifestyle #Mumbai #India #PDTopNews #Media #Entertainment #Currents #News #Media #Television #PhotodollarNewsroomAndraPradesh #Streaming #NorthAmerica #LosAngeles #Currents #US #TopNews #Music #Films #Arts #Culture #Entertainment #PDTVKarnataka #PhotodollarNewsroomMumbai #SanFransisco #EntertainmentCurrents #Streaming #Film #Subscription #Movies #OTT #Publishing #Soundtrack #Streaming #Playlist #Internet #PDTVKerala #Songs #SocialMedia #Content #Television #News #Hollywood #PhotodollarNewsroomKarnataka #Timeline #Oddities #Playlist #Streaming #Services #EntertainmentProduction #UnitedStates #HumanInterests #MotionPicture #PDTVTamilNadu #WesternEurope #California #Pages #SocialMedia #Publishing #BoxOffice #Tabs #Internet #Media #Europe #www #Internet #Web #Pages #APAC #UnitedStates #India #WebPages #Internet #www

Goal of USD 5 trillion GDP appears to be case of 'shifting goalposts': Chidambaram

To continue reading

No information found!!