The Congress on Tuesday attacked the Centre over a top U.N. agency projecting a decline in India’s economic growth, saying the government’s contention that the country’s economic problems are imported is a “smoke screen” and it is “singularly responsible” for the woes.
India’s economic growth is expected to decline to 5.7% this year from 8.2% in 2021, the United Nations Conference on Trade and Development (UNCTAD) Trade and Development Report 2022 projected on Monday, citing higher financing cost and weaker public expenditures.