Economy is on brink of stagflation: Cong

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Press Trust of India New Delhi
Last Updated : Jan 27 2020 | 9:20 PM IST

Ahead of the Union Budget, the Congress on Monday accused the government of doing little to put the country's economy in order and warned that it was on the brink of stagflation.

Party spokesperson Supriya Shrinate said the country's economy needed the attention of the government as the world was watching it closely.

"We are at the brink of stagflation; we are at the risk of stagnating economy slipping into stagflation and I say that with full responsibility," she said.

Noting that the government had done precious little for the country's economy, she said, "Indian economy needs utmost attention of the government. It has to be prepared and which is why the world will watch."

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First Published: Jan 27 2020 | 9:20 PM IST