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

Global South: Health cooperation needs institutions to make solutions scalable

September 12 marks the International Day for South-South Cooperation, commemorating the 1978 Buenos Aires Plan of Action (BAPA). Forty-eight years later, its central proposition remains relevant: countries of the Global South can draw on their own knowledge, experience and innovations to address shared d

Reading the mind of Xi Jinping

As India prepares to host the 18th BRICS Summit this weekend, and as prime minister Narendra Modi is set to hold a bilateral meet with president Xi Jinping, China’s growing global influence and the changing dynamics of India-China relations will be under focus. But to understand where China is head

BRICS at 20: From economic weight to global influence

This year marks 20 years of BRICS, with India set to host the grouping’s leaders’ summit this weekend. The anniversary offers an opportune moment to assess BRICS’ growing importance at a time when the effectiveness of global governance and the credibility of multilateralism are under in

Former president Ram Nath Kovind on some of his unforgettable journeys

Triumph of the Indian Republic: My Life, My Struggles By Ram Nath Kovind Rupa Publications, 400 pages, Rs 795   All our presidents so far stand out, each for a different reason. Ram Nath Kovind, the 14th president of India, from 2017 t

Uday Kotak on history, Indian economy, growth and more

Pathbreakers: How 10 Visionary Leaders Transformed India by award-winning journalists  By Sucheta Dalal and Debashis Basu Rupa Publications, 304 pages, Rs 695  

₹5,000 crore saved from suspected financial fraud

In a significant gain for citizen protection in the digital economy, the Department of Telecommunications (DoT) has helped prevent suspected cyber fraud losses of more than ₹5,000 crore through its Financial Fraud Risk Indicator (FRI) within fifteen months of its launch on May 22, 2025. This money did

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter