PM Modi rode to power on promise of reducing fuel prices, why is he unable to curtail them, asks Rahul Gandhi

May 7:During his first ever interaction with the media ahead of the Karnataka Assembly elections slated for Saturday, former prime minister Manmohan Singh on Monday launched an all-out attack on the Narendra Modi-led BJP government over alleged economic mismanagement and falling growth rate and accused it of "peddling conspiracy theories" instead of adopting "prompt corrective actions".
"It pains me to see how, rather than standing up to all the challenges, the Modi government's response has been to stifle dissent each time deficiencies are pointed out. Innovation needs support and an environment where ideas can be discussed and debated without apprehension or inhibitions," Singh told reporters at the Karnataka Congress headquarters in Bengaluru.
Singh alleged that the economic "mismanagement" of the Modi government was evident through the present growth rate which is lower than that during the UPA regime, despite favourable global conditions. "Today, neither are banks lending money nor is the private sector borrowing in order to make new investments. The growth engines of the economy are spluttering. Perhaps, it is here that the mismanagement of the Modi government is most evident," he said.
He added, "The economic mismanagement of the Modi government, I say this with great care and responsibility, is slowly eroding the trust of the general public in the banking sector. Instead of taking prompt corrective action, the government is busy providing excuses and peddling conspiracy theories."
Raising the issue of rising fuel prices, Singh said the Centre was "punishing the people" by levying "excessive excise taxes". "Petrol and diesel prices are at a historic high. This, in spite of lower international crude oil prices, because the Modi government chooses to levy excessive excise taxes. Instead of passing on the benefits of low prices to the people, the government has decided to punish the people," he said.
The former PM also attacked the government on the farmers' crisis and unemployment. He said, "Our farmers are facing an acute crisis, our aspirational youth are not finding opportunities, and the economy is growing below its potential. The unfortunate truth is that each of these crises was entirely avoidable."
"Modi forgets to mention that the policies of UPA I & II led to lifting of 140 million people above the poverty line during 2004-2014," he added.
While raking up the Modi's government's decision on demonetisation and implementation of Goods and Services Tax (GST), he said, "Demonetisation and GST have hurt the medium, small and micro enterprises and have resulted in the loss of tens and thousands of jobs. True leadership creates opportunities, it does not destroy them"
Singh also asserted that it was the Modi government and not the UPA who is responsible for the Punjab National Bank scam. Responding to a reporter's questions, he said, "As far as Nirav Modi is concerned, it was obvious that in 2015-16, something was going around with the affairs of Modi. Yet, the Modi government didn't do anything. If the blame has to be cast, it has to be on the government of mandate."
He added, "In fact, the PM was in Davos in the company of Nirav Modi and only a few days later, the latter ran away from the country. That itself is the reflection of the sad state of affairs in this wonderland of Modi government."
Lauding the Siddaramaiah government, he said, "The Siddaramaiah government's support for the industry has made Karnataka the highest in translating investment intentions into reality, more than Gujarat or any other state. The Congress government in Karnataka is creating jobs for our youth and the results are clearly visible." Agencies
Source: Vishwas News



No comments yet! Be the first one to leave a comment.

Add Comment


More India News

CM Palaniswami defends police firing, says natural course against atta ..

After PM Modi accepts fitness challenge, Rahul Gandhi throws another a ..

- Nipah virus claims one more life in Kerala, death toll rises to 12
- India successfully test-fires BrahMos supersonic cruise
- Ajit Doval hasn't changed policy, just more hardline, says ISI ex-chief General
- Fuel prices hit the roof in India
- Three coaches of Andhra Pradesh Express catch fire in Gwalior
- Once again, Supreme Court Collegium stalls on Justice KM Joseph's name
- Once again, Supreme Court Collegium stalls on Justice KM Joseph's name
- Food processing industry in state facing several challenges, says Punjab Agricul
- PM Modi rode to power on promise of reducing fuel prices, why is he unable to cu
- Jammu and Kashmir: Three militants killed in encounter with security forces; civ
- Choose between development and communalism, Siddaramaiah tells Badami voters
- Jharkhand rape-murder case: 14 arrested, including prime accused
- If 10% of the Indians curious to know the truth
- SC terms killing of Himachal officer 'extremely serious', may take up case tomor
- Karnataka's milk subsidy: Win-win for kisans and kids
- Madhya Pradesh police recruitment: Medical examinations of men and women in same
- In 5 years, 46% hike in base: Tax net widens as individuals fuel the surge
- Modi avoided critical issues during 'casual' China visit: Sena
- Trump administration toughens H1-B visa procedure
- J&K Cabinet approves ordinance awarding death for rape of girl below 12 years

Related News

After PM Modi accepts fitness challenge, Rahul Gandhi throws another at him: 'Reduce fuel prices or face nationwide agitation'
May 24:Hours after Prime Minister Narendra Modi on Thursday accepted the fitness challenge by cricketer Virat Kohli, Congress pres .. read more
Left parties blame Modi for fuel price hike, stage protest
Visakhapatnam: Members of Left parties staged protests demanding the Union government to roll back the hiked fuel prices in the ci .. read more
Modi on Rahul Gandhi 'PM in 2019' remark: Will India accept someone arrogant, immature?
May 9:Taking a swipe at Rahul Gandhi over his prime ministerial ambitions, Prime Minister Narendra Modi, without naming the Congre .. read more
How will replacing Rs 1,000 notes with Rs 2,000 notes curb black money, asks Rahul Gandhi
Nov 9:?Reacting to Prime Minister Narendra Modi's announcement of withdrawing notes of Rs 500 and Rs 1,000 denomination, Congress .. read more
Rahul Gandhi mocks Modi's Independence Day speech: PM silent on unemployment, Doklam, Gorakhpur
Aug 16:Congress vice-president Rahul Gandhi mocked Prime Minister Narendra Modi for limiting his Independence Day speech to just 5 .. read more

More Related News

- Rahul Gandhi's fear forced KCR to clear job files: VHR
- Congress works hold celebrations at Gandhi Bhavan
- Gujarat poll results indicate Congress resurgent in India: Uttam
- Rahul Gandhi's padayatra will help farmers: Congress
- Rahul Gandhi returns to Delhi after nearly two-month-long sabbatical
- TPCC releases DVDs of Rahul Gandhi's select speeches
- Uttam meets Rahul to discuss organisational polls
- Locals did not participate in Rahul's yatra: T-minister
- 'Vehicle owners not starving, can afford to pay': Union minister K J Alphons justifies fuel price hike
- Chief secretary asks committee to monitor prices of essential commodities

More Latest News:

- Om Mitharval, Jitu Rai off the mark at Munich World Cup
- NBA Playoffs: LeBron James scores 46 as Cavaliers force Game 7 in Boston
- Somali leader urges calm after clashes in disputed north
- KSA, Vatican playing major role in defeating extremism: Interfaith official
- Powerful Cyclone Mekunu leaves at least 3 dead, 40 missing in Oman and Yemen
- CM Palaniswami defends police firing, says natural course against attack
- After PM Modi accepts fitness challenge, Rahul Gandhi throws another at him: 'Reduce fuel prices or face nationwide agitation'
- Shashi Tharoor tells Congress not to be embarrassed by cash crunch, suggests how to take on BJP's 'moneybags'
- Fissures in MP Congress unit ahead of party president Rahul Gandhi's visit
- Nipah virus claims one more life in Kerala, death toll rises to 12
- J&K: Lull in border firing after nine days
- KTR directs HMWSSB to complete road restoration works by June 15
- Schools in Telangana to reopen on June 1
- KTR calls for cooperation between public and private health care sector
- Delay in desiltation works worrying GHMC corporators
- Telangana to fill vacant posts in NIMS
- Hyderabad-based UDo will answer all your queries
- Telangana to launch e-mobility policy in June, says Jayesh
- Andres Iniesta signs with Japan's Vissel Kobe
- While Neymar continues recovery, Douglas Costa picks up injury
- Russians to take no part in World Cup drug testing: FIFA
- Race 3: Salman Khan turns lyricist for song Selfish. Here's how
- Aamir Khan on his earlier films: I was constantly swimming against the tide
- Malaysia's ex-leader Najib Razak questioned again in corruption scandal
- Thailand arrests senior monks in temple raids to clean up Buddhism
This page was created in 0.0540709495544 seconds