P Chidambaram's views on the economy and what GDP numbers say

Palaniappan Chidambaram, former Union Minister of Finance, Harvard Business School alumnus, and currently under the microscope of the Enforcement Directorate in the INX Media moneylaundering case, took some time out to talk about the state of the Indian Economy. What Chidambaram’s views are; what the latest numbers in GDP growth indicate; is the Indian economy on the path of recovery post the twin blows of demonetization and GST; and what does GDP growth mean to the layperson that is you and me – these are the questions we are addressing on our Story of the Day. My name is Seetal, and you are listening to Moneycontrol.

P. Chidambaram’s Views on the Current Indian Economy

Former Union Minister of Finance, P. Chidambaram, speaking at an event organized by the Maharashtra Congress Unit in Thane, compared the Indian economy under PM Narendra Modi to every motorist’s nightmare – a car with three of its tyres punctured.