‘Economic metric will always be more than previous years’: P Chidambaram responds to PM Modi on Tamil Nadu funds

New Delhi: Congress veteran and East-Union Finance Minister P Chidambaram on Sunday argued that “Economic metric The previous years will always be higher than that, “as he responded to Prime Minister Narendra Modi’s statement on Tamil Nadu on central funds.
“Honorable PM and Union Ministers continuously stated that they have given more money to TN in 2014-24, given in 2004-14. For example, the Hon’ble PM said that his government has already given seven times more money for railway projects in TN before before. Ask the first year student.
“The size of GDP is now larger than before. The size of the Union Budget is larger every year than the previous year. The total expenditure of the government is larger every year than the previous year. You are one year larger than the previous year. In the context of ‘number’, the number will be larger, but is it higher in the context of GDP or in terms of total expenditure?”
The Congress -led United Progressive Alliance controlled the country from May 2004 to May 2014. Since then, PM Modi’s Bharat Janata Party’s national democratic alliance has been the ruling alliance of the country.
Meanwhile, on the first day, PM Modi called Tamil Nadu Chief Minister and DMK boss MK Stalin, called those who “cry without any reason”.
“There is a huge role in a developed visit to a developed India to Tamil Nadu. I believe that India will become a strong Tamil Nadu, India will grow rapidly. In the last decade, the central government has allocated three times more funds for the development of Tamil Nadu compared to 2014,” the Prime Minister said while inaugurating the new Pamban bridge in Rumswara, Tamil Nadu.
“Despite this, some people have a habit of crying without any reason; they keep crying. Before 2014, only Rs 900 crore was received every year for the railway project. This year, Tamil Nadu’s railway budget is more than Rs 6,000 crore, and the Indian government is also modernizing 77 railway stations here,” he said.
Stalin has repeatedly accused the NDA government of “neglect and betrayal” to the southern state, which is not issuing the necessary funds, saying that the Center could not accept the fact that the state was growing.
BJP responded to P Chidambaram
BJP national spokesperson Amit Malviya called Chidambaram a “self-style Oracle of selective economics” and accused him of criticizing the Modi government for pointing to “clearly clear” facts.
“Their counter? A smog lecture on GDP and absolute number, such as it somehow leaves its party from its poor governance records. A student of any first year economics knows that the loan-to-GDP ratio is the standard for assessing the debt burden of a country. Is it a sheer hypocrisy, or just proof that your party has struggled with simplement. The strategic “talent” is better, which he touches in a disturbance, “Malavia posted, possibly referring to Rahul Gandhi, Leader of Opposition in the Lok Sabha and East-Congress chief.