Watch: Chidambaram mocks govt on 5% GDP growth

  • When journalists asked what he had to say about his CBI custody, Chidambaram quipped, 'Five per cent. Do you know what is five per cent?'
  • Chidambaram was remanded to two more days of CBI custody in the INX Media case

Agencies
Published3 Sep 2019, 06:54 PM IST
P. Chidambaram at a special court in New Delhi (Photo: Ramesh Pathania/Mint)
P. Chidambaram at a special court in New Delhi (Photo: Ramesh Pathania/Mint)

New Delhi: This is how former Finance Minister P. Chidambaram responded to a reporter's question about the chances of his bail and custody, and made a jibe at the Centre over the current gross domestic product (GDP) reading.

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

Minutes after Chidambaram stepped out of the courtroom, when journalists asked what he had to say about his CBI custody, Chidambaram quipped, "Five per cent. Do you know what is five per cent?"


He also raised his hand to show five fingers as the CBI took him away into custody.

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


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First Published:3 Sep 2019, 06:54 PM IST
Business NewsNewsIndiaWatch: Chidambaram mocks govt on 5% GDP growth

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