Priyanka Gandhi Hits Out At Govt Over Slowdown; Says ‘Economy Falling Into Deep Abyss Of Recession’

"The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians," she said in a tweet in Hindi.

(Image: PTI)

New Delhi: Congress general secretary Priyanka Gandhi Vadra on Tuesday hit out at the Centre over the economic slowdown and said that the economy of the country is falling into ‘deep abyss’ of recession. Questioning the government over preventive measures, she asked when the government will open its eyes. "The economy is falling into a deep abyss of recession. The sword is hanging on the livelihood of lakhs of Indians,"  she said in a tweet in Hindi. Her remarks comes amid opposition's din about economic slowdown after growth in the last quarter slipped to 5 per cent. She also slammed the government over decline in the auto sector, saying “the decline in the auto sector and the truck sector is a sign of negative growth in production-transportation and the declining confidence of the market.” When will the government open its eyes, the Congress general secretary asked. India's economic growth slumped for the fifth straight quarter to an over six-year low of 5 per cent in the three months ended June as consumer demand and private investment slowed amid deteriorating global environment. Having lost the tag of the world's fastest-growing economy earlier this year, India's GDP growth was behind China's 6.2 per cent in April-June, its weakest pace in at least 27 years. The Gross Domestic Product (GDP) of India, Asia's third-largest economy, slumped by larger than expected 5 per cent in April-June, the slowest pace since January-March 2013. The growth stood at 5.8 per cent in January-March of 2019 and 8 per cent of April-June 2018, according to official data released on Friday.