ECONOMIC SLOWDOWN

Economic mismanagement now synonymous with Modi, Jaitley: Congress

PTI2_7_2017_000114A Finance Minister Arun Jaitley and Prime Minister Narendra Modi | File

'Jaitley did not talk about jobs, GDP growth, falling exports, investments, credit growth'

The Congress on Friday described Prime Minister Narendra Modi and Union Finance Minister Arun Jaitley as synonyms of economic mismanagement.

Congress spokesperson Randeep Surjewala said, "The truth is people are tired of Modinomics and Jaitleynomics, because they have wrecked India's economy. Now the economic mismanagement has become synonymous with Prime Minister Modi and Jaitley."

Reacting to the finance minister's remarks on BJP veteran Yashwant Sinha, Surjewala said the former's statements were marked with disdain, arrogance and 'jumlas'.

"What the finance minister said today was merely, arrogantly mocking at his predecessor Yaswant Sinha, who is the senior party leader of the BJP," he said.

Taking on Jaitley over the present economic crisis, the Congress leader said, "He did not utter a single word about jobs, about GDP growth that is reducing from 9 to 5.7 per cent, about falling exports, about falling investments, credit growth, about revenue being collected from petro taxes."

"The entire country hopes that the prime minister and the Union finance minister would provide a meaningful way out of the economic crisis and economic downturn that is hurting India's economy on account of their mismanagement and complete dejection of economy," he added.

Meanwhile, Delhi Congress chief Ajay Maken expressed happiness over Yashwant Sinha's remark over state of economy.

A day after Sinha castigated Finance Minister Jaitley of making a mess of the Indian economy; the latter on Thursday defended the government policies and said he does not have the luxury of being a former finance minister.

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