Melodramatic theatrics: Congress on Modi speech

All drivers of our economy are sputtering and stumbling, said Congress spokesperson Randeep Surjewala

GN Bureau | October 5, 2017


#Congress   #Randeep Surjewala   #Economy   #GDP   #Narendra Modi Speech   #Narendra Modi  


The Congress described as “melodramatic theatrics” the speech by prime minister Narendra Modi who defended the economy on a day when the Reserve Bank of India lowered the growth forecast.

Congress spokesperson Randeep Surjewala took to twitter to criticise Modi.

“All drivers of our economy are sputtering & stumbling. Future of the young generation is at stake. Can sugar coated dramatics help,Modi ji?, asked Surjewala.


“Using hard earned money to fill its coffers by mindless profiteering & helping crony capitalists remains the sole motive of Modi Govt,” said Surjewala in a tweet.

His another tweet said:  “Investment is stagnant. Projects worth ₹13.32 Lakh Cr are stalled. Lack of Clearances biggest reason! But Modi ji is giving only speeches.”

Pointing out that inflation is rising, the Congress leader said that Foreign Portfolio Investors (FPI's) “have pulled out $3.2B from our market because you demolished our Macroeconomic Fundamentals, Modi ji”.


He said that “from textile to IT, from construction to MSME's - all facing the pinch of Modi ji's Economic Mismanagement. Lay-offs are order of the day”.

He added: “Melodramatic theatrics can never substitute solid facts.Modi ji, 40 months have lapsed but promise of 2Cr jobs per year turns into Jumla!”

Another of Surjewala’s tweet said: “Manufacturing Sector is at its lowest in the last 20 quarters, GDP plunging since last 6 quarters. Exports Sinking, But Modi ji Crooning!”

“PM Modi has once again tarnished RBI's image. Does the RBI & his Govt lie when it admits that we are heading for an Economic Slowdown? Mr. Prime Minister, If histrionics & dramatics could improve India's Economy & Create Jobs - then Acche Din would have arrived today!”
 

 

Comments

 

Other News

Mumbai’s missing affordable homes

Mumbai’s real estate market keeps growing, yet homeownership remains out of reach for much of its population. Three experts – urban researcher Hussain Indorewala, urban planner Vidyadhar Phatak and developer Kamlesh Thakur of NAREDCO Maharashtra, agree that simply constructing more apartments

Rubio denies US foreknowledge of Starlink restrictions in Ukraine

US secretary of state Marco Rubio has said he was unfamiliar with the Wall Street Journal report suggesting Elon Musk had decided to throttle Starlink services in Ukraine, but rejected claims that Washington had ordered the restrictions to pressure Kyiv.   “There was no

Can AI change India’s breast cancer story?

Breast cancer has become a public-health challenge in India. The greatest opportunity is to find cancers earlier. Artificial intelligence (AI) is opening a new era in breast cancer detection. AI systems can analyse mammograms and other breast-imaging studies, identify subtle abnormalities and assist radi

Farm stability in the time of climate change

Indian agriculture is experiencing significant climate volatility, while the world economy seems to be in a highly volatile situation. Economic indices from various countries show that they need to recalibrate their strategies to withstand economic headwinds. In such a challenging situation, a country li

El Niño threatens India’s Rabi crops

India’s southwest monsoon ended with a 13% rainfall deficit in 2026, its weakest performance in a decade, raising concerns over agricultural production, water security and the upcoming rabi season. With El Niño expected to persist into early 2027, experts warn that declining soil moisture, dep

Regulating the data advantage: India’s new e-Commerce framework

For over a decade, India’s e-commerce story has rested on a simple premise: platforms connect buyers and sellers, while data fuels efficiency, personalisation, and scale. However, as the market matured, its structure has revealed a growing imbalance. E-commerce platforms, especially marketplace ent

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter