Reeling off statistics, Finance Minister P Chidambaram on Tuesday sought to demolish the Left criticism that the UPA government had not delivered on its Common Minimum Programme (CMP) promise of maintaining an 8 per cent GDP growth.
During the last four years the rate of GDP growth has hovered between 8 to 9 per cent against the 5.6 per cent growth rate registered during the previous NDA regime, Chidambaram said in the Lok Sabha.
“The agriculture sector has recorded a growth of 9.7 per cent last year and is likely to sustain growth of 9 per cent during the eleventh plan,” he said.
Quoting figures related to food grains production, the Finance Minister said that the UPA government's commitment to the aam aadmi was exemplified by schemes such as the NREGP and the loan waiver for farmers.
Referring to the Left decision to vote alongside the BJP, Chidambaram said this was the “most bizarre development in parliamentary history”.
In reference to the nuclear deal, he said, "certain people did not want India to catch up with China". He also emphasised that the Hyde Act was not binding on India.