Udayavni Special

‘Ruining’ of economy began with demonetisation, govt introduced erroneous policies: Rahul


PTI, Sep 1, 2020, 2:38 PM IST

New Delhi: The Congress on Tuesday attacked the Centre over the GDP slump, with former party chief Rahul Gandhi alleging that the “ruining” of the economy began with the demonetisation and the government thereafter introduced one “erroneous” policy after another.

The country’s economy suffered its worst slump on record in April-June, with the gross domestic product (GDP) contracting by 23.9 per cent as the coronavirus-related lockdown weighed on the already declining consumer demand and investment.

“GDP – 23.9. The ruining of the country’s economy began with demonetisation. Since then, the government introduced one erroneous policy after another,” Rahul Gandhi said in a tweet.

Congress leader Priyanka Gandhi Vadra also alleged that the government was responsible for the slump in the economy.

Rahul Gandhi had spoken of an “economic tsunami” six months ago while the government announced a package just for “show” and look at the condition now, Priyanka Gandhi said in a tweet in Hindi.

The BJP government has caused a slump in the economy, she alleged.

Congress’ chief spokesperson Randeep Surjewala said in a tweet in Hindi: “Modi ji, at least now accept that what you hailed as masterstrokes were actually ‘disaster strokes’ — demonetisation, faulty GST and lockdown.”

The GDP contraction is the sharpest contraction since quarterly figures started being published in 1996 and worse than what was expected by most analysts.

Chief Economic Adviser KV Subramanian, however, has said the economy was “experiencing a V-shaped recovery” after the lockdown eased. PTI

Top News

NCPCR launches toll-free tele-counselling number for children affected during COVID-19

Karnataka Assembly to be in session for 6 days

K’taka COVID-19 update: 7339 new cases, 9925 discharges, 122 deaths on Sep 20

More people in WB working for Al-Qaeda : NIA

STPI sets up IoT open lab in Bengaluru

BSY hints at curtailing legislature session

First set of women airborne tacticians selected for frontline warships of Indian Navy




Related Articles More

Print & electronic media rarely cross line, digital media is completely uncontrolled: Centre to SC

NCPCR launches toll-free tele-counselling number for children affected during COVID-19

Lok Sabha passes bill to amend Foreign Contribution (Regulation) Act

Congress to launch nationwide protest against farm bills from Sept 24

SAD delegation led by Sukhbir Singh Badal meets President Kovind over Farm Bills

MUST WATCH

Man attempts to cross overflowing Doni River

Manipal: An eight-storey building in fear of collapsing

Farmer develops handy gun to scare animals away

Fight between bjp leadres in Vidhana soudha

The river has shifted its direction due to flood

Latest Additions

Print & electronic media rarely cross line, digital media is completely uncontrolled: Centre to SC

NCPCR launches toll-free tele-counselling number for children affected during COVID-19

Lok Sabha passes bill to amend Foreign Contribution (Regulation) Act

Karnataka Assembly to be in session for 6 days

Congress to launch nationwide protest against farm bills from Sept 24

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.