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

“Script is the real hero”

Basking in the success of the new web series, ‘Scam 1992: The Harshad  Mehta Story ’,on SonyLIV, the OTT platform from Sony stable where the lead actors are new faces, NP Singh, MD and CEO of Sony Pictures Networks, has said that the script is the new hero. He credited the s

India’s active cases below 10% of total cases for three days

India’s trend of steadily decreasing active cases continues unabated. The number of Active Cases has remained below 10% of the total cases for the last three days, suggesting only one in 10 cases is active Covid-19 patient. The active cases comprise merely 9.29% of the total positive c

Cabinet clears bonus for non-gazetted employees

The union cabinet chaired by prime minister Narendra Modi on Wednesday gave its approval to pay productivity linked bonus (PLB) for 2019-20 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, and ESIC, with a financial implication of Rs.2,791 crore.

Covid-19: Daily new cases fall below 50K

India has leaped across several significant milestones in its fight against Covid-19. The new confirmed cases in the 24 hours to Tuesday morning have fallen below 50,000 (46,790, to be precise) for the first time in nearly three months. The last time the number of new cases was close to this level was on J

Media taking advantage of a divided Bollywood: Shatrughan Sinha

Legendary film star and politician Shatrughan Sinha has said that friendship in Bollywood is limited to onscreen, and there is no unity and some news channels are taking advantage of this situation. “Groups within the industry or their supporters may sometimes come together for some c

‘2.40 lakh TB cases went unreported in India in 2019’

In India, only 2.40 million out of an estimated 2.64 million cases of tuberculosis were reported to the government, that is, 2,40,000 TB patients went unreported, in 2019, according to the WHO Global Tuberculosis Report 2020. The reporting of TB cases, however, has significantly increased ov

Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter