Economy on right track: PM Modi Slams UPA, says it's not first time growth has fallen to 5.7% in a quarter Prime Minister Narendra Modi on Wednesday lambasted the critics of his government´s economic policies and expressed commitment to carrying out further reforms to reverse the trend of declining GDP (gross domestic product) growth. Modi compared the “achievements” of the three years of the National Democratic Alliance (NDA) government led by him against the “failures” of the previous United Progressive Alliance (UPA) regime, arguing this was not the first time that the economic growth had fallen to 5.7 per cent in a quarter. The UPA regime´s record was much worse, he added. He said the current government had made a paradigm shift from policy paralysis of the previous government to policy implementation. Modi assured the companies coming into the formal economy, that they would not be hounded and their old records would not be examined. He said demonetisation had le