‘Structural problems’ in Centre’s way of managing economy: Rahul Gandhi.
KEY POINTS :
- Congress leader Rahul Gandhi was addressing a press conference in New Delhi.
- The Congress leader criticised the government over price rise and rise in prices of fuels.
- Rahul Gandhi said the Centre wouldn’t be able to pull the nation out of the ‘economic crisis as there are structural problems with handling the ‘economy’.
Congress chief Rahul Gandhi on Wednesday stated the Centre received’t be able to pull the state out of the ‘economic crisis as there are structural troubles with how it’s miles coping with the ‘financial system’. The Congress chief from Wayanad referred to the rise in gas fees whilst addressing a press convention.
Govt to monetise the below-utilised public quarter property“The hassle isn’t always cyclical. It is structural. The financial crisis that we faced in 1991 has resurfaced.The solutions that we introduced laboured till 2012, and I trust that we can no longer be capable of pop out of this disaster without a brand new approach. We need a new approach. Our plan for the economic system, which worked from 1991 to 2012, stopped working after that,” he stated.
“We have to trade our imaginative and prescient. Our strategy stopped operating after 2012, and we desired a brand new technique. PM Modi promised that he would bring a brand new method for ‘New India’. But, unfortunately, those have been empty promises,” Rahul similarly delivered.
Rahul Gandhi additionally criticised the National Monetisation Pipeline and dig at the ‘Make in India’ initiative. He stated the Congress is aware of what the technique has to be.
However, he claimed that PM Modi and finance minister Nirmala Sitharaman don’t recognize how to cope with these ‘structural’ troubles.
‘People are angry.’
The Lok Sabha MP from Wayanad additionally said that human beings are irritated, and Congress knows the pulse of the state from the rising expenses of gasoline and LPG.
However, he said that the Congresspeople had been restraining themselves from taking to the street to protest the rising gas charges due to the Covid-19 pandemic.
“The anger towards the government is building, but voices are being suppressed. Covid-19 pandemic has no longer ended. Subsequently, we additionally do not need lakhs of human beings to take to the streets because this could lead to different problems. So we are workout restraint,” Rahul Gandhi said.
He stated that there might be a sturdy response because the anger against the growing fuel price will mount.
‘Demonetisation of the common human beings’
During Rahul Gandhi’s press conference, which lasted over a half-hour, he mocked the National Monetisation Pipeline. He stated that farmers, labourers and the unemployed had been being demonetised.
“Farmers, labourers, unemployed children, centre magnificence and medium and small firms are being demonetised. But, only four-five buddies of PM Modi are being monetised,” he stated.
Rahul Gandhi stated the authorities turned into selling off ‘India’s assets’ to the non-public region. The Bharatiya Janata Party (BJP) reacted to the assertion that the Congress leader no longer has any concept regarding GDP.
BJP spokesperson Sambit Patra said that the GDP numbers for Q1 show that the economy has ‘bounced back below the leadership of PM Modi’, information business enterprise ANI said.
