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Chintan Shivir Day 2 Reside Updates: “State Of Indian Economic system Trigger Of Excessive Concern,” Says P Chidambaram


The Congress is holding a three-day brainstorming session in Rajasthan’s Udaipur.

New Delhi:

The Congress is holding a three-day brainstorming session or Chintan Shivir in Rajasthan’s Udaipur within the shadow of ballot debacles and dissent within the occasion which has seen a pointy decline within the final seven years.

The occasion stated it could introspect within the subsequent three days to embark on a brand new path by confronting numerous challenges and pave the way in which for the nation’s brilliant future. 

Forward of its brainstorming conclave, Congress president Sonia Gandhi, in sharp feedback in opposition to Prime Minister Narendra Modi right now, stated it was “painfully clear” that his “minimal authorities, most governance” coverage meant conserving the nation in a everlasting state of polarisation, brutalising minorities and threatening political opponents.

The three-day ‘Nav Sankalp Chintan Shivir’ is being held within the backdrop of a string of electoral defeats and dissent within the occasion which has seen a pointy decline within the final seven years.

Listed below are the Highlights on Chintan Shivir Day 2 in Udaipur:

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“State of Indian economic system trigger of utmost concern, job scenario has by no means been worse”: P Chidambaram

  • The state of the Indian economic system is a trigger of utmost concern.  A slower fee of development has been the hallmark of the current authorities within the final 8 years. The post-pandemic restoration has been detached and halting.  The expansion estimates of 2022-23 have been lowered occasionally within the final 5 months.
  • Inflation has risen to unacceptable ranges, and threatens to rise additional. WPI inflation is at 14.55 per cent and CPI inflation is at 7.79 per cent.  The federal government is definitely fueling the rise of inflation by its mistaken insurance policies, particularly by means of excessive taxes on petrol and diesel, excessive administered costs and excessive GST tax charges. 
  • The job scenario has by no means been worse. The Labour Power Participation Price (LFPR) is at a historic low of 40.38 per cent and the unemployment fee stands at 7.83 per cent. 
  • We reiterate our cost that social companies expenditure as a proportion of whole expenditure has fallen to a mean of 5 per cent (in 8 years) from a mean of 9 per cent within the 10 years between 2004 and 2014. 
  • The exterior scenario has added to the pressures on the economic system. The federal government seems clueless on the methods to take care of these developments. USD 22 billion has flowed in another country within the final 7 months.  The international change reserves have depleted by USD 36 billion. The change fee stands at Rs 77.48 to a greenback, the best ever.

“Together with 9 colleagues, I steer a dialogue on the Economic system. There are 60 members in our group.  Yesterday, 37 members expressed their views over 4 hours. The discussions will proceed right now and tomorrow,” says P Chidambaram.  

The three-day ‘Nav Sankalp Chintan Shivir’ is being held within the backdrop of a string of electoral defeats and dissent within the occasion which has seen a pointy decline within the final seven years.

For all developments on Day 1 of Chintan Shivir, click on right here

“Silence Of Our Eloquent PM…”: Sonia Gandhi
Forward of its brainstorming conclave, Congress president Sonia Gandhi, in sharp feedback in opposition to Prime Minister Narendra Modi right now, stated it was “painfully clear” that his “minimal authorities, most governance” coverage meant conserving the nation in a everlasting state of polarisation, brutalising minorities and threatening political opponents.

The occasion stated it could introspect within the subsequent three days to embark on a brand new path by confronting numerous challenges and pave the way in which for the nation’s brilliant future. 

The Congress is holding a three-day brainstorming session or Chintan Shivir in Rajasthan’s Udaipur within the shadow of ballot debacles and dissent within the occasion which has seen a pointy decline within the final seven years.



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