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!”
 

 

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