April 24, 2024 21:30 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Centre moves Supreme Court seeking modification of 2012 verdict in 2G spectrum case | 'Robert Vadra Ab Ki Baar' posters in Amethi as suspense looms over Congress candidate | Sam Pitroda's comment on wealth distribution stirs row, Congress distances itself, Amit Shah says 'party exposed' | Renowned dancer and ex-professor at Chennai academy arrested on sexual harassment charges | 'Has anyone robbed your mangalsutra during Congress rule?' Priyanka Gandhi counters PM's charge
When will government open eyes? Priyanka Gandhi Vadra attacks Centre over economic slowdown

When will government open eyes? Priyanka Gandhi Vadra attacks Centre over economic slowdown

India Blooms News Service | @indiablooms | 10 Sep 2019, 07:40 am

New Delhi: Attacking the Centre over the economic slowdown, Congress leader Priyanka Gandhi Vadra on Tuesday took another potshot at the ruling Bharatiya Janata Party (BJP) government.

Taking to Twitter, Priyanka said, "The economy is falling into a deep recession. The sword is hanging on the livelihood of lakhs of countrymen. The decline in auto sector and truck sector is the sign of negative growth in production-transportation and declined confidence in the market. When will the government open its eyes?"

On September 8, when the Modi government completed its 100 since returning to power in 2019, Priyanka had attacked the Centre.

She had tweeted, "The government is silent after ruining the economy. The companies are in crisis and the business is disrupted. The Modi government is hiding the poor condition of the country through drama and advertisements."

After India's Gross Domestic Product (GDP) fell to 5 per cent in the first quarter of fiscal year 2019-2020, former Prime Minister and Congress veteran, Manmohan Singh, had said "the state of the economy today is deeply worrying" due to "all round mismanagement".

"The last quarter’s GDP growth rate of five percent signals that we are in the midst of a prolonged slowdown. India has the potential to grow at a much faster rate but all round mismanagement by the Modi government has resulted in this slowdown," Singh, who is a veteran economist, said a video statement. 

Describing the economic slowdown as a temporary phase due to some cyclic reasons, Union Minister Prakash Javadekar on Sunday said the fundamentals of our economy are strong and we are sure that investment will increase, domestic demand will go up substantially. 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.