27 C
Guwahati
Sunday, October 6, 2024

Cong claims India’s debt rise under Modi govt

- Advertisement -
- Advertisement -

 

NEW DELHI, June 10 (PTI): The Congress on Saturday alleged that India’s debt has nearly “tripled” to Rs 155 lakh crore in the nine years under Prime Minister Narendra Modi and demanded a white paper on the state of the economy.

- Advertisement -

Congress spokesperson Supriya Shrinate claimed that the Modi government’s “economic mismanagement” is responsible for the present state of the economy and claimed that Rs 100 lakh crore of debt has been added since the present dispensation assumed charge in 2014.

“As chief minister of Gujarat, Mr Modi used to blame those on the other side of the political spectrum as inefficient, incompetent and corrupt — adjectives that today suit him and his government more than anyone else.

“After ruining India’s economic growth story, creating huge unemployment, raging inflation, Mr Modi has done the unthinkable, which is an addition of over Rs 100 lakh crore to India’s debt, which is at an alarming level,” she said at a press conference.

The Congress leader also said India’s debt in 2014 was at Rs 55 lakh crore, which has now gone past Rs 155 lakh crore.

- Advertisement -

She claimed that India’s debt under 14 prime ministers in 67 years was Rs 55 lakh crore while Modi alone has increased it by over Rs 100 lakh crore.

“Economic management is not the same thing as headline management. It cannot be done through teleprompters and definitely not through WhatsApp forwards. We demand a white paper on the Indian economy because the fault lines are only getting deeper,” she said.

- Advertisement -
The Hills Times
The Hills Timeshttp://www.thehillstimes.in
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -
8 Famous Hills To Visit In Meghalaya In October 9 Must Visit Places In Kerala In October 9 South Indian Egg Recipes For Breakfast 10 Picture-Perfect Hill Stations To Visit This October 10 Things To Know About Rhino Conservation Efforts In India