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Indian economy in tatters, colossal downfall in pursuit of $ 5 trillion dream Modis: Abhishek Banerjee – Reuters

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TMC chief executive Abhishek Banerjee said on Wednesday the country’s economy was “in tatters” and described IMF projections that Bangladesh surpassing India in per capita GDP as “our colossal downfall” in pursuit of Prime Minister Narendra Modi’s “5 trillion dream”.

Abhishek, who is an MP and also chairman of the TMC Youth Congress, posted a news clip on his Twitter account to search the Union government.

“India’s economy is in tatters, as even Bangladesh is on the verge of overtaking us in terms of GDP per capita according to @ IMFNews World Economic Outlook. Listen carefully, this is not their resurgence, but our colossal downfall, in pursuit of @narendramodi Ji’s 5 trillion dream! Said Abhishek, the nephew of West Bengal Chief Minister Mamata Banerjee.

The Prime Minister has set himself the goal of making India an economy of $ 5 trillion by 2024.

The International Monetary Fund said on Tuesday that India’s economy, severely affected by the coronavirus pandemic, is expected to contract 10.3% this year.

India is however expected to rebound with an impressive growth rate of 8.8% in 2021, regaining the position of the fastest growing emerging economy, exceeding China’s projected growth rate of 8.2%. , the IMF said in its latest World Economic Outlook. report.

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