NEW DELHI — The Congress on Tuesday has accused Modi government of crippling the economy due to its ‘project’ to turn the country into a majoritarian state and termed the present slowdown as a “man made tragedy.”
Congress spokesperson Manish Tewari, addressing a press conference in New Delhi said sector after sector was staring at a seriously challenging situation due to policies pursued by the Modi government in past 5 years.
“Social discord and economic development cannot go hand-in-hand. This project to turn India into a majoritarian nation has completely and absolutely crippled the Indian economy,” he said, reports ANI.
He also cited a critical analysis of the government’s policies by Parakala Prabhakar, a noted political economist and husband of Finance Minister Nirmala Sitharaman, to claim that the economy is in “grave danger”.
Prabhakar, in an article in The Hindu, said there is anxiety all over about the economic slowdown in the country.
“While the government is still in denial mode, data flowing uninterruptedly into the public domain show that sector after sector is staring at a seriously challenging situation,” Prabhakar said in the article.
Congress spokesman Tewari told the press conference that “The NDA-BJP government has manufactured the current economic crisis through its inaction and through policies which it has pursued over the past five years,” reports PTI.
He also alleged that the fundamentals of the Indian economy are in difficulty.
“Be it savings, expenditure, credit off take and investment. The wheels of the economy have stopped rotating,” he said.