<p class="title rtejustify">Former finance minister P Chidambaram Friday raised doubts over the GDP figures, wondering how the economy is growing at 7 per cent when the unemployment rate was the highest in 45 years.</p>.<p class="bodytext rtejustify">Taking a dig at the Centre, he claimed that when the government revised the GDP figures it did not realise that the unemployment figures also got revised.</p>.<p class="bodytext rtejustify">Chidambaram's remark came ahead of the interim Budget on Friday.</p>.<p class="bodytext rtejustify">The government Thursday said it has not finalised the survey on labour force which reportedly showed that the unemployment rate in the country hit a 45-year high of 6.1 per cent in 2017-18.</p>.<p class="bodytext rtejustify">The National Sample Survey Office's (NSSO's) periodic labour force survey (PLFS), according to the Business Standard newspaper, states that unemployment was last this high in 1972-73. The unemployment rate was 2.2 per cent in 2011-12, it said.</p>.<p class="bodytext rtejustify">"NITI Aayog vice-chairman asked 'How can a country grow at an average of 7% without employment?' That is exactly our question. With unemployment at a 45-year high, how can we believe that the economy is growing at 7 per cent," Chidambaram said on Twitter.</p>.<p class="bodytext rtejustify">"Modi Government revises GDP growth figures upward. What government did not realise was that unemployment figure was also revised upwards," he tweeted.</p>.<p class="bodytext rtejustify">On Thursday, Niti Aayog Vice Chairman Rajiv Kumar, who had previously mounted a defence of lowering of UPA-era GDP growth rates, at a hurriedly called press conference said the report cited by the newspaper "is not finalised. It is a draft report".</p>.<p class="bodytext rtejustify">The report generated a lot of controversy, with Congress President Rahul Gandhi saying the Modi government had promised two crore jobs, but five years later a "leaked job creation report card" has revealed a "national disaster".</p>.<p class="bodytext rtejustify">Chidambaram also took a swipe at the government over claims of high growth despite demonetisation and asked if this time Rs 100 notes would be demonetised.</p>.<p class="bodytext rtejustify">"The demonetisation year was the best year of growth (8.2%) under Mr Modi. So, let's have another round of demonetisation.This time let's demonetise 100 rupee notes," he said.</p>
<p class="title rtejustify">Former finance minister P Chidambaram Friday raised doubts over the GDP figures, wondering how the economy is growing at 7 per cent when the unemployment rate was the highest in 45 years.</p>.<p class="bodytext rtejustify">Taking a dig at the Centre, he claimed that when the government revised the GDP figures it did not realise that the unemployment figures also got revised.</p>.<p class="bodytext rtejustify">Chidambaram's remark came ahead of the interim Budget on Friday.</p>.<p class="bodytext rtejustify">The government Thursday said it has not finalised the survey on labour force which reportedly showed that the unemployment rate in the country hit a 45-year high of 6.1 per cent in 2017-18.</p>.<p class="bodytext rtejustify">The National Sample Survey Office's (NSSO's) periodic labour force survey (PLFS), according to the Business Standard newspaper, states that unemployment was last this high in 1972-73. The unemployment rate was 2.2 per cent in 2011-12, it said.</p>.<p class="bodytext rtejustify">"NITI Aayog vice-chairman asked 'How can a country grow at an average of 7% without employment?' That is exactly our question. With unemployment at a 45-year high, how can we believe that the economy is growing at 7 per cent," Chidambaram said on Twitter.</p>.<p class="bodytext rtejustify">"Modi Government revises GDP growth figures upward. What government did not realise was that unemployment figure was also revised upwards," he tweeted.</p>.<p class="bodytext rtejustify">On Thursday, Niti Aayog Vice Chairman Rajiv Kumar, who had previously mounted a defence of lowering of UPA-era GDP growth rates, at a hurriedly called press conference said the report cited by the newspaper "is not finalised. It is a draft report".</p>.<p class="bodytext rtejustify">The report generated a lot of controversy, with Congress President Rahul Gandhi saying the Modi government had promised two crore jobs, but five years later a "leaked job creation report card" has revealed a "national disaster".</p>.<p class="bodytext rtejustify">Chidambaram also took a swipe at the government over claims of high growth despite demonetisation and asked if this time Rs 100 notes would be demonetised.</p>.<p class="bodytext rtejustify">"The demonetisation year was the best year of growth (8.2%) under Mr Modi. So, let's have another round of demonetisation.This time let's demonetise 100 rupee notes," he said.</p>