PM talking up transformative GDP but what matters is annual growth rates over longer period: Congress

The Congress challenges PM Modi and Finance Minister Sitharaman’s emphasis on recent GDP growth, highlighting the importance of long-term annual rates. They cite UPA’s 8.1% average against the current administration’s 5.4%. Jairam Ramesh underscores the significance of prolonged growth, questioning the touted transformative nature of the economy. The Congress maintains criticism over economic handling, citing rising unemployment and prices.