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Jairam Ramesh slams Govt move to make 2017-18 GDP base year
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Jairam Ramesh slams Govt move to make 2017-18 GDP base year

Agency News

New Delhi, Nov 10 : A day after Ayodhya verdict left its impact in socio-political sphere in the country, the Congress on Sunday sought to take the debate to political realm when its leader Jairam Ramesh slammed the Centre's plans to revise the base year to calculate the Gross Domestic Product (GDP) growth rates.

"Govt wants 2017-18 as new GDP base year. Terrible idea!," Mr Ramesh tweeted. He also wrote, "It was an abnormal year with notebandi and hasty GST. Is this only to make Modi Sarkar 2.0 look good on GDP growth rates?".

The former Minister suggested: "If you can't fix the economy, 'fix' the GDP? Base year should be 2018-19 instead". Demonetisation was announced in November 2016 and the uniform taxation measure GST was unveiled in July 2017. The GST was implemented through a gala ceremony held in the central hall of Parliament at the midnight of June 30, 2017 and it came into effect from July 1, 2017. (UNI)