P Chidambaram took a jibe at CEA for describing Congress-led UPA rule as “misplaced decade”. (File)

New Delhi:

Senior Congress chief and former finance minister P Chidambaram on Wednesday took a jibe at present Chief Financial Adviser (CEA) Dr Krishnamurthy Subramanian for describing Congress-led United Progressive Alliance (UPA) authorities as “misplaced decade”.

Evaluating the present CEA and his predecessor, Mr Chidambaram stated that whereas Dr Krishnamurthy had described the interval of Congress-led UPA rule within the nation because the “misplaced decade”, whereas his predecessor, Dr Arvind Subramanian had termed it the “growth years” of the Indian financial system.

“Dr Arvind Subramanian known as 2004-2014 the “growth years” of the Indian financial system. He was CEA of the Modi authorities. Dr Krishnamurthy Subramanian describes 2004-2014 because the ”misplaced decade”. He’s the present CEA of the Modi authorities,” Mr Chidambaram’s tweet learn.

“Now you realize why financial development in Q1 of 2020-21 has plunged to -23.9 per cent and the present CEA is exulting over it,” he added, in a subsequent tweet over the state of financial affairs within the nation.

The Congress chief had earlier hailed the states for opposing each the formulation prolonged by the Centre to bridge the hole between the Items and Service Tax (GST) compensation cess. He had stated the “legal responsibility to supply the GST compensation to the total extent falls on the central authorities, as reluctantly admitted by the FM yesterday.”