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Congress Takes A Dig At Prime Minister Narendra Modi For Presenting Rosy Picture Of The Economy
File Picture Courtesy : Deccan Chronicle
The Congress has hit out at Prime Minister Narendra Modi for presenting a “rosy picture of economy” at the Governing Council meeting of NITI Aayog , saying his address was a mix of “half truths” and “tall tales”.
“Half truths, tall tales and fallacy define PM’s address at Niti Aayog. Presenting a ‘rosy picture’ of economy, Modiji only tells us Q4 GDP (gross domestic product) growth figure yet forgets that GDP growth this year is at just 6.7 per cent – a four-year low now! Did he promise to de-accelerate GDP in 2014IJ” party spokesperson and Communications in- charge Randeep Singh Surjewala said in a tweet.
Half truths, tall tales & fallacy define PM’s address at Niti Aayog.
Presenting a ‘rosy picture’ of Economy, Modiji only tells us Q4 GDP Growth figure yet forgets that GDP Growth this year is at just 6.7% – a 4 year low now!
Did he promise to de-accelerate GDP in 2014? 1/5
— Randeep Singh Surjewala (@rssurjewala) June 17, 2018
He asked the Prime Minister to explain the reason for a steep decline in the GDP, asking if demonetisation and the “flawed” Goods and Services Tax (GST) were responsible.
“India’s GDP grew by an average of 7.8 per cent during 10 years of UPA (United Progressive Alliance) as per old GDP numbers. Instead of ‘Jumlas’, Modiji should tell why did the GDP fall steeply to 6.7 per cent in 2017-18 despite changing the GDP calculation methodologyIJ Was it because of his disastrous DeMo and flawed GSTIJ” he said.
In another tweet, Surjewala dubbed Modi the “master of destroying institutions”, citing the condition of banks, manufacturing industry and employment, particularly for the youth.
Modi=’Master of Destroying Institutions’.
Banks are in peril as losses mount to over ₹87500 Cr in Q4.
Bank Loot Scams worth ₹61,036 Cr have taken place unchecked.
To top it, Manufacturing in jeopardy as in last 4 yrs,credit to industry declined-5.6%, 2.7%, -1.9% & 0.7 %.
3/5— Randeep Singh Surjewala (@rssurjewala) June 17, 2018
“lastly, petrol prices hurt every Indian as Modi government earned over Rs 10 lakh crore in four years by additional taxes and that the Reserve Bank of India’s Consumer Confidence Survey (May 2018) found 48 per cent Indians felt worsening economic conditions and inflation. Are these the ‘Acche Din’ that you promised ModijiIJ,” he added.
Lastly, Petro Prices hurt every Indian as Modi Govt earned over ₹10 lakh Cr in 4 yrs by additional taxes.
RBI’s Consumer Confidence Survey (May 2018) found 48% Indians felt worsening economic conditions & inflation.
Are these the ‘Acche Din’ that you promised Modiji?
5/5
— Randeep Singh Surjewala (@rssurjewala) June 17, 2018