Assam Pradesh Congress Committee (APCC) President Ripun Bora on Wednesday said that the country's economy has gone down drastically.
Addressing a press conference at Rajiv Bhawan, Bora said that the GDPhas reduced to 5.8 per cent and that the inflation has risen to 3.2 percent innine months.
In the automobile industry, 23.5 percent economy has been decreasedwhile there has been a decrease in granting loan by 5.1 percent.
Moreover, Bora informed that there has been also been a decrease in thenew investment by 79.1 percent and that 30% of the new projects which has beenstarted by the BJP-led government have been closed down while 1.3 million flatsare lying vacant without being sold in 30 cities.
Talking about the BSNL, Post Offices and LIC, Bora said that thesedepartments are running in huge loss.
It maybe stated that, the Indian economy has been reduced up to 8% since June 2019and it is the lowest rate among last 5 years which came down to 5.8% in betweenof January-March.
