India's Economic Ascendancy Under Modi: A Response to Critics
The BJP asserts that India's economy is thriving under Prime Minister Modi, growing at an 8% rate, making it the fastest among major economies. The IMF upgraded growth projections, and S&P improved India's rating, despite criticism from Rahul Gandhi, whose political influence appears waning.
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In a robust defense of Prime Minister Narendra Modi's economic policies, the BJP has highlighted India's rapid growth, asserting an impressive 8% weighted average growth rate over the past three years, making it the fastest among major economies globally.
Party national spokesperson Syed Zafar Islam cited the International Monetary Fund (IMF) report, which recently increased India's GDP growth projection from 6.2% to 6.4%, showcasing resilience despite global tariff challenges. Islam emphasized domestic consumption's significant role in this stability.
Amid political tension, the BJP criticized Rahul Gandhi's economic arguments, noting India's recent sovereign rating upgrade by S&P as evidence of solid economic fundamentals and an environment conducive to growth even as geopolitical tensions persist.
(With inputs from agencies.)
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