Senior Congress leader and former Union finance minister P Chidambaram Saturday said India is growing but the sequential quarter growth is declining and the economy is "losing steam". He also accused the Narendra Modi government of "neglecting" the poor and the very poor. "The reality is we are growing but the quarter upon quarter growth or the sequential quarter growth is declining -- 13.2 per cent, 6.3 per cent, 4.4 per cent and the fourth quarter, my estimate is, between 4.1 per cent and 4.3 per cent. "So, it is a declining quarterly growth rate, which means the Indian economy is losing steam," Chidambaram said at the India Today Conclave. Asked about India growing faster among the major economies of the world, the former finance minister said, "There is no boast in saying 'I am the one-eyed monarch of the blind'. The point is China, when it grows at 3 per cent or 3.5 per cent, will still add every year to its annual wealth or annual output several times more than India growing
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