Bihar Deputy Chief Minister Sushil Kumar Modi on Monday said that the sale of automobile and biscuits have not declined in the state while speaking at an event organised by traders in Patna.
"Some people are saying the economy is facing a slowdown. While it is true that there has been a decline in the automobile sector, but there has been no decline in the sales of vehicles in Bihar. In fact, sales have increased in the state as compared to last year," Mr Modi said.
"I was reading in a newspaper that people have stopped buying biscuits. Sales of a brand of biscuit have dropped. However, when I spoke to the biscuit manufacturers of Bihar they told me that sales have increased in the state as well as in the country," he said.
Mr Modi has made this statement just a day after he tweeted that some opposition parties were trying to create panic in the country over what he claimed to be a recurring "cyclic" slowdown in the economy during months of "saawan-bhado".
"Usually every year there is a cyclic slowdown in the economy during saawan-bhado (the fifth and sixth months in the Hindu calendar), but this time some political parties are creating noise over it to vent their frustration after the loss in elections," he had tweeted on Sunday.
The economic growth slowed to a seven-year low of 5 per cent in April to June quarter from 8 per cent a year ago, according to government data.
Bihar Board Class 10 Exam 2025 Registration Last Date Extended Children Among 81 People Fall Sick After Consuming Poisonous Food In Bihar BPSC Exam 2024 Registration Begins For Over 1,900 Vacancies, Check Details New Revelations About Princess Diana, Rumours On Harry's "Biological Father" "Instills Fanaticism Among Its People": S Jaishankar's "Karma" Swipe At Pak "Learnt No Lessons": Iran Supreme Leader After Hezbollah Chief's Death The Vance-Walz US Vice Presidential Debate: All You Need To Know HP TET 2024 Registration Begins For November Session, Check Details A 7,000 Km-Long Car Rally To Mark Air Force's 92nd Anniversary Track Latest News Live on NDTV.com and get news updates from India and around the world.