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Inflation had double-digit growth in Cong regime, now it is below 5%: Shah

By Business Standard - 9 months ago
Union Home Minister Amit Shah on Wednesday said their government contained the inflation below 5 per cent while it had reached double-digit growth during the Congress-led UPA regime. Before 2014, the Indian economy was fragile, inflation was high and fiscal deficit was beyond control, Shah said at the India Global Forum's annual investment summit NXT10 in Mumbai. Today, India has emerged as a policy-driven state, he said. "We are approaching elections with our government's performance of last 10 years and roadmap of next 25 years," the Union minister said ahead of the upcoming Lok Sabha polls. Lauding Prime Minister Narendra Modi as a visionary PM, Shah said that by 2047, when the country celebrates its centenary of independence, Bharat will be completely developed, atmanirbhar (self-reliant) and among the top three economies in the world. "Bharat is a self-confident and self-reliant country, which has transformed itself from a dormant to a dynamic government, from regressive to .

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