"Maharashtra Not Growing, Slipping Economically": P Chidambaram To NDTV

Reeling off numbers, veteran Congress leader P Chidambaram on Saturday aimed to puncture the ruling Maharashtra coalition's claim that the financial capital of the country remains the foremost destination for attracting highest number of investments. "We can't look at one parameter and say Maharashtra is doing well. It is a number of parameters over a period of time to decide whether the state is growing or sliding. I have with me data which shows that the growth of the state GDP has declined from 2022-2023 to 2023-2024. Similarly, revenue deficit has ballooned, fiscal deficit has ballooned, agricultural growth, services sector growth, transport, trade, communications growth and construction growth have all fallen sharply as much as 3% to 7-8%," the former Union Finance Minister, in Mumbai ahead of the state polls, told NDTV.