Congress Leader Blames Modi Government for Economic Slowdown

Congress MP Dipendra Singh Hudda at a press conference at Sadaqat Ashram in Patna on Thursday.

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Patna: Congress MP Dipendra Singh Hudda, at a press conference at Sadaqat Ashram in Patna on Thursday, accused the Narendra Modi-led NDA government at the Center saying in three years of his reign, the Prime Minister had destroyed the economic structure of the nation and the Bharatiya Janata Party (BJP) had become what is known in the business world as the 'Never Performing Asset'.

"Since the Modi government had come into power, the nation's economy has come to a crawl and the country is faced by a severe recession. Such pathetic condition did not exist even during the Indo-Pak or Indo-China wars," Hudda, who was sent to Patna by the party High Command to offer some much-needed support to party state President and Bihar Education Minister Ashok Kumar Chowdhary in the wake of one scams after another in the Education sector, said on Thursday.

Accusing the BJP of ignoring the plights of the farmers across the nation, the Congress leader said that poor agricultural policies of the Modi government had destroyed the livelihoods of millions of farmers forcing them to go on agitations to fight for their rights.

"First the BJP kicked the farmers in the guts; now they are raining bullets on their hearts," he said.

Ignoring all of the financial scandals that took place during the Manmohan Singh government in the first and second UPA administrations, Hudda said that compared to the UPA's ten-year government, there had been marked decline in investment and export under the NDA administration. He further said that while there was an average of 10 lakh new jobs created under the Congress regime, this number had slid down to an anemic 1.5 lakh under the leadership of Narendra Modi.

Taking the Prime Minister to task for implementing demonetization that led to the banning of Rs. 500 and Rs. 1000 notes, the Congress MP said the move had badly backfired on the nation leading to a huge economic downturn since its implementation.

"Since coming into power nearly three years ago, the BJP is still trying to figure out why India's economy is such a bad shape. It remains clueless as to how to stop this economic bleeding. All it cares about is how to deliver the next 'jumla' even as the credit growth rate in banks in the 2016-17 fiscal year dropped down to 5.3 percent. This is a record in the last 63 years," Hudda said.

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