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The Hindu
The Hindu
National
The Hindu Bureau

World Bank has downgraded Indian economy but PM is still resorting to empty slogans, alleges Congress

Citing the World Bank report that flagged worsening of poverty numbers in India during the COVID pandemic and downgraded the country economic growth forecast, the Congress on Friday alleged that the situation doesn’t worry Prime Minister Narendra Modi as he is still resorting to “empty slogans”.

On Thursday, the World Bank (WB) projected a growth rate of 6.5% for the Indian economy for the fiscal year 2022-23 — a drop of 1% from its June 2022 projections — citing deteriorating international environment.

Congress spokesperson Supriya Shrinate told reporters at a press conference that the WB report stated that nearly 5.6 crore Indians have been pushed into extreme poverty during the pandemic.

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