Advertisement
Saturday, Sep 25, 2021
Outlook.com
Outlook.com

'5 Percent': P. Chidambaram, In CBI Custody, Mocks Govt Over GDP Numbers -- Video

Surrounded by the security personnel, a smiling Chidambaram joined hands and said: '5 per cent. Do you know what is five per cent?', indicating it with his right hand.

'5 Percent': P. Chidambaram, In CBI Custody, Mocks Govt Over GDP Numbers -- Video
Former Union Minister P. Chidambaram gestures towards mediapersons indicating the GDP numbers.
'5 Percent': P. Chidambaram, In CBI Custody, Mocks Govt Over GDP Numbers -- Video
outlookindia.com
2019-09-03T18:38:42+05:30

Former Finance Minister P. Chidambaram on Tuesday took a swipe at the BJP-led government at the Centre over the current gross domestic product (GDP) figures when he was asked to react to the Delhi court's decision to extend his CBI custody till September 5.

As the Congress veteran stepped out of the Court No 502 where Special CBI Judge Ajay Kumar Kuhar was hearing his bail plea, a reporter asked the question.

Surrounded by the security personnel, a smiling Chidambaram joined hands and said: "5 per cent. Do you know what is five per cent?", indicating it with his right hand. 

When asked what he meant by it, he responded, "You all know what is 5 per cent", and walked away.

Chidambaram was remanded to two more days of CBI custody in the INX Media corruption case.

India's economic growth has 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.

Chidambaram was arrested by the CBI in the INX Media corruption case almost two weeks ago from his residence after a Delhi court rejected his anticipatory bail plea. 

The former finance minister has been in the CBI custody ever since. 

(With inputs from PTI)

Advertisement

Outlook Newsletters

Advertisement

Read More from Outlook

The Password Is Cheat: Tech-Savvy Scamsters Take Control Of Online Entrance Exams

The Password Is Cheat: Tech-Savvy Scamsters Take Control Of Online Entrance Exams

Prestigious tests like JEE and NEET have been breached. A few lakh of rupees can get you an engineering or a medical seat.

Can The Govt Convince Moody’s To Upgrade India’s Sovereign Ratings?

Can The Govt Convince Moody’s To Upgrade India’s Sovereign Ratings?

While cutting India’s rating, Moody’s had cited policy challenges in addressing a prolonged economic slowdown and its deteriorating fiscal position.

IPL 2021: Chennai Beat Bengaluru By 6 Wickets; Reclaim Top Spot

IPL 2021: Chennai Beat Bengaluru By 6 Wickets; Reclaim Top Spot

Clinincal CSK chased down RCB's 156/6 with 11 balls to spare in Sharjah.

Hathras: A Poet's Note On A Post-Truth World

Hathras: A Poet's Note On A Post-Truth World

It disturbing but it is important to remember that violence repeats itself in the same ways. Meena Kandasamy's poem is a poem that is invested in the social.

Advertisement