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Country looking at an economic crisis: Congress


New Delhi: The Congress on Wednesday slammed the Narendra Modi government over its economic performance in the past 20 months, saying demand was not picking, merchandise exports have fallen for 13 consecutive months and the country was looking at an “economic crisis”.

Congress spokesperson Deepender Hooda said the Sensex was testing the 24,000 mark and was at a lower level compared to its level when Modi took over as prime minister in May 2014.

“At the end of the BJP’s one-third term in office, the nation is looking at a full-blown economic crisis and every day, we get more data that indicates that we are struggling to find the bottom of bad news,” he said.

Hooda said the RBI’s financial stability report points out that demand in the Indian economy was not picking up.

“India is a demand driven economy. Falling demand spells trouble for the overall economy,” he said.

Hooda said there seems to be very little growth in private investment and there were pointers to a slow down in the economy in 2016.

“Exports have been falling for the last 13 months and there is little government intervention. The rupee is close to Rs.68 per dollar, a significant drop since the Modi government came to office,” Hooda said.

He said the Index of Industrial Production (IIP) has contracted by 3.2 percent in November from a year earlier.

“The data clearly indicates that the ‘Make in India’ campaign has remained a slogan,” he said.

Hooda said foreign investors have taken out more than Rs. 25,000 crore from the stock market in the financial year so far.

“FII outflow from the markets in 2016 stands nearly $700 million and is getting worse by the day,” he said.

Hooda asked the government why petrol prices have come down “by just 17 percent when Indian crude basket is down by 73 percent”.

He also asked the government if it had an action plan to check inflation.

Referring to “rural distress”, he said latest data from the Labour Bureau shows that rural wages have registered an average annual growth of 3.8 percent this year, “the lowest since July 2005”.

He also referred to the rural employment guarantee act and said that average days of employment per household and the number of households which completed 100 days of employment had come down under the rule of the National Democratic Alliance government. (IANS)

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Awakened to The Congress’s Blatant Support to Anti-Nation Forces

This time from foreign soil, Germany, Rahul Gandhi has spoken out his mind

Rahul Gandhi
Rahul Gandhi.

By Salil Gewali

Sometimes I feel too confused that what makes a leader speak so badly about the country. Still more confusing is that the same leader is projected as the only fittest in the country to be the Prime Minister.

This time from foreign soil, Germany, Rahul Gandhi has spoken out his mind. With gay abandon he claimed the lack of employment is the cause behind the rise of ISIS. If we analyze such statement objectively, we see that the unprecedented danger is looming large around this country not because of the citizens but because of the irresponsible leaders.

Is it not too shocking that we tolerate a bunch of leaders all through who, with impunity, tramples upon prudence and embrace the fickleness by speaking with such rashness? The ridiculous ranting is what Rahul Gandhi is good at. How many immature gaffes he has committed in last one year. One finds it too sickening to see people defending what Rahul utters out? Again, to his party’s sycophants, each word spoken out by him is worth its weight in gold.

Could any conscious people come across the board to evaluate what will be the likely repercussion when the projected leader goes to the extent to connect the unemployment of youth with ISIS? What do you say — if a certain father harps on that his children will be dagger-wielding murderers if they will not get jobs? What message does it send out? Will such ideas not “viciously affect” the thought process of the children in future? One wonders how the constitution allows the leaders to speak out such dangerous language. Will it not encourage the treasonous activities within the country leading to the decline of the security and sovereignty of the nation?

Rahul Gandhi
Rahul Gandhi.

Despite the height of stupidity, Rahul Gandhi is capable to earn more admirers then criticizers. Is it a pointer to the fact that one man’s loss of sense should lead to the “loss of sense” of other intellectuals? Or do we love an “individual” from a particular family more than our own “country”? On what ground is an “individual” more respect-worthy than the “party”, country and its constitutional ethos? This is in fact a very ominous trend which this country is witnessing now.

True, our Indian polity needs a strong opposition. People do not disagree at all that Congress should not be the one. Yes, this party can alone match well with the rival BJP. But sadly, the party is failing when Rahul started to become more vocal. The party with so smaller number of MPs has not yet “acknowledged” that its rapid decline now is because it continues to sing a hymn to one family only. The conscious Congress party leaders should come down to the ground and critically assess the people’s opinions and their concerns. They all have been intensely disillusioned by the dynasty politics.

Has this “family” not pleasantly ignored a very learned and seasoned leader Pranab Mukherjee by reducing him to just a rubber stamp?  Are Sachin Pilot, Ghulam Nabi Azad, C. P. Joshi, Ashok Gehlot, Jyotiraditya, Scindia, Priya Dutt, less Indian? If BJP can groom Kiren Rijiju why can’t Congress groom the astute leader of the northeast like Gaurav Gogoi or Vincent Pala or Mukul Sangma ? No exaggeration, Sachin Pilot could diplomatically handle the political situation and articulate the party policies far more maturely than entire Gandhi family members put together.

Enough is enough. People now anxiously await the REVIVAL of political parties with vibrant faces who genuinely love the country. We have seen enough of the anti-nation activities incited by the Gandhi family.  It’s totally wrong to be the puppets of a wrong family and spell doom for the nation. PM Modi rightly says that service to the country is far more important than the service to the family.

Salil Gewali is a well-known writer and author of ‘Great minds on India’. Twitter: @SGewali.

One response to “Awakened to The Congress’s Blatant Support to Anti-Nation Forces”

  1. During the UPA/Congress government there had been numerous terrorist attacks, Mumbai trains, Zaveri Bazar, 26-11, plus the attacks in Ahmedabad, Pune etc. Was this situation because the terrorists could not find jobs during their rule? Compared to that there are very few terrorist attacks in India in last four years. So the terrorists must be gainfully employed in last four years !