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

Reinvigorating reinsurance

After the liberalisation of the insurance industry in 2000, private firms (mostly in partnerships with foreign firms) have readily taken to the sector. Till FY18 there were 23 private firms in the life insurance sector and 21 in general insurance segment. However, it was only in 2016-17 that the first priv

Portrait of a scholar-activist as a young student

[Kancha Ilaiah Shepherd, scholar and dalit activist, has penned his autobiography which is more than just the life-story of an individual but promises to become a document for a generation and a community. We reproduce below an excerpt, with the permission of the publishers, where he talks about his yo

Informal power

Villages without power supply are easy to find though the government says there are none. The lines are laid, but many villagers are too poor to pay for electricity. BPL (below poverty line) families, entitled to free supply, are waived the installation charge. But they don’t have money to wire their

Vande Bharat halts midway near Tundla

In a major embarrassment to the railways, the much touted Vande Bharat Express developed a technical snag at Chamraula, 15 kms from Tundla junction.   Prime Minister Narendra Modi flagged off the train on Friday from New Delhi station.    The train was

PM flags off India’s first semi high-speed train

Indian Railways entered a new era as prime minister Narendra Modi on Friday flagged off the country’s first semi high-speed train, Vande Bharat Express, from the New Delhi railway station. The new train is also seen as a success story of the NDA government’s ‘Make in India’

Estonia eyes on more e-Residents from India to open startups

Riho Kruuv, Ambassador of the Republic of Estonia talks to Vishwas Dass on key issues like the importance of e-Residency programme of the Government of Estonia and why Estonia is becoming a preferred investment destination for Indian startups and budding entrepreneurs. The Ambassador says Estonia offer

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter