Close X
Saturday, November 23, 2024
ADVT 
India

Economic policies have failed, situation at 1991 level: Rahul Gandhi

Darpan News Desk IANS, 01 Sep, 2021 11:25 AM
  • Economic policies have failed, situation at 1991 level: Rahul Gandhi

New Delhi, Sep 1 (IANS) Former Congress president Rahul Gandhi on Wednesday mounted yet another attack on the government over rising fuel prices and inflation and said the situation is at the 1991 level.

He said the problem with the government is structural and not cyclic as it has lost economic vision and the situation is now at the 1991 level.

He said that Prime Minister Narendra Modi's vision of New India has failed and all the slogans of the Prime Minister have only been rhetoric and now the country needs a new vision which can revive the economy.

"The Congress vision is clear, what we have to do to revive the economy, as the Prime Minister and the Finance Minister have no idea. They should take advice from the Congress think tank, otherwise we can send experts from the Congress," he said.

Rahul Gandhi said when petrol-diesel prices are increased there is direct and indirect impact on the pockets of the people. It also increases the cost of transportation. While the Prime Minister demonetised the economy, the Finance Minister is monetising national assets.

"But the farmers, the salaried class, MSME sector and honest businessmen have been demonetised, while two-three big businessmen are being monetized," he added.

He said that the only GDP which is growing is the prices of Gas, Diesel, Petrol (GDP) which has hit the common man the hardest.

When the UPA was in power, the crude oil prices were $105 and now its $71 while gas price is less than 26 per cent than what it was during the UPA government. In 2014 when UPA left, the gas cylinder cost Rs 410 and now it's 885. In the same way, petrol was Rs 71 and diesel Rs 57 a litre in 2014 and now petrol is Rs 101 per litre in Delhi and diesel costs Rs 88 a litre.

He alleged that the government has earned Rs 23 lakh crore from the GDP (Gas, diesel, petrol) when the international prices are down.

"Money is being snatched away from common man, from farmers, from small businessmen and is directly going into the pockets of PM's friends," he said, adding that people should ask questions from the Prime Minister.

The government is surviving on low crude oil prices and if it increases, the crisis will escalate and the government will panic, which is what China is eyeing.

He alleged that the press and sections of the media are gagged not to raise people's issues, that is why the situation has come to this level.

 

 

MORE India ARTICLES

Indian Army promotes 5 women officers to Colonel rank

Indian Army promotes 5 women officers to Colonel rank
This is the first time that women officers serving with the Corps of Signals, Corps of Electronic and Mechanical Engineers (EME) and the Corps of Engineers have been approved to the rank of Colonel.

Indian Army promotes 5 women officers to Colonel rank

Third Covid wave could peak around late Oct: Panel to PMO

Third Covid wave could peak around late Oct: Panel to PMO
The study titled "Third Wave Preparedness: Children Vulnerability and Recovery" has details about the possibility of Covid-affecting children and the required strategies to deal with the pandemic. 

Third Covid wave could peak around late Oct: Panel to PMO

Sri Guru Granth Sahib, 46 Indian passport holders to arrive India today

Sri Guru Granth Sahib, 46 Indian passport holders to arrive India today
Delhi Sikh Gurdwara Management committee and SAD leader Manjinder S. Sirsa said, "3 Sri Guru Granth Sahib and 46 Indian passport holders will arrive in India today. We thank GoI & PM Modi for helping Hindus-Sikhs in Afghanistan. We're in touch with minorities in Kabul who wish to be evacuated."

Sri Guru Granth Sahib, 46 Indian passport holders to arrive India today

Delhi gets first smog tower at Connaught Place to combat pollution

Delhi gets first smog tower at Connaught Place to combat pollution
The smog tower is a structure designed to work as a large-scale air purifier in order to reduce air pollution particles. It is an essential equipment for Delhi, which is one of the most polluted cities across the country and the world and has seen a major fall in its air quality for the past few years.

Delhi gets first smog tower at Connaught Place to combat pollution

BJP to deploy one senior leader in each UP Assembly seat

BJP to deploy one senior leader in each UP Assembly seat
Another saffron party leader pointed out that the BJP has leaders with experience of contesting elections at national and state level or managing polls and there is nothing wrong in using their experience.

BJP to deploy one senior leader in each UP Assembly seat

Punjab CM to meet farmers on deadlock on sugarcane price

Punjab CM to meet farmers on deadlock on sugarcane price
The farmers have been on agitation since August 20 by blocking the Delhi-Amritsar national highway near Jalandhar, along with the rail tracks, over their demand for raising the SAP of sugarcane. They have already rejected the hike of Rs 15 per quintal announced by the government last week.

Punjab CM to meet farmers on deadlock on sugarcane price