HIGLIGHTS: Chidambaram speaks up, says govt clueless about fixing economy

Senior Congress leader P Chidambaram addresses press conference in party office in Delhi after being released on bail.

Senior Congress leader P Chidambaram arrives at his residence in New Delhi after being released from Tihar Prisons on December 4, 2019.

Congress leader P Chidambaram stepped up his attacks on the government over India's economic slowdown when he spoke to journalists on Thursday after being released on bail from a Delhi prison last evening.

Chidambaram’s family used his Twitter account to comment on his behalf when the former finance minister was incarcerated in Tihar Prisons.

"GDP numbers are irrelevant, personal tax will be cut, import duties will be increased. These are BJP’s ideas of reforms. God save India’s economy," he said on December 3.

Chidambaram was arrested on the night of August 21 for alleged corruption during his term as minister in the Congress-led United Progressive Alliance government. The Supreme Court asked him not speak about the cases against him when it released him bail on Wednesday.

India’s economy grew by 4.5 per cent annually in the June-September quarter, down from 7 per cent a year earlier.

12:52 PM

Slowdown, a manmade catastrophe: Chidambaram

Economic slowdown is unacceptable; it’s a manmade catastrophe: Chidambaram

12:47 PM

Experts banished under this govt: Chidambaram

People who understand things were banished by this government, says Chidambaram as he names Raghuram Rajan, Urjit Patel and Arvind Panagariya

12:45 PM

Proposed BPCL sale is a scandal: Chidambaram

The proposed sale of BPCL is an accounting exercise—one PSU is buying another. It’s a real scandal: Chidambaram

12:43 PM

Demonetisation ruined millions: Chidambaram

Millions have been forced into poverty since demonetisation in 2016: Chidambaram

12:42 PM

Chidambaram attacks Sitharaman

Onions are selling at Rs 100 per kg, but of course the finance minister doesn’t eat onions: Chidamabram. Finance minister Sitharaman has said her statement on onion prices was quoted out of context.

12:39 PM

'Govt floundering'

The government is floundering—they are incompetent managers of the economy: Chidambaram

12:36 PM

Govt wrong about economy: Chidambaram

The government's diagnosis of the economy is wrong: Chidambaram

12:34 PM

I'm strong: Chidambaram

I was strong in spirit for 106 days (in jail) and I have become stronger: Chidambaram says at press conference in Congress HQ.

10:47 AM

Chidambaram returns to Parliament

9:35 AM

Chidambaram part of Congress party's 'out on bail club': BJP spokesperson

9:19 AM

No charge sheet against me: Chidambaram

"The fact is that after 106 days of pre-trial incarceration there is not a single charge framed against me as I speak now," said Chidambaram after on Wednesday when he walked out of Tihar.

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Topics : INX Media case P Chidambaram India GDP

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First Published: Dec 05 2019 | 9:25 AM IST