PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge



Congress president Mallikarjun Kharge. File
| Picture Credit score: ANI

Congress president Mallikarjun Kharge on July 12 stated that Prime Minister Narendra Modi “used PR” to maintain the federal government away from primary points however folks had been now demanding accountability after the June Lok Sabha ballot outcomes.

Mr. Kharge took a swipe on the Prime Minister, saying that whereas he’s holding conferences beneath the shadow of cameras for the upcoming price range, he should take note of the essential financial problems with the nation.

In a publish in Hindi on X, the Congress president stated, “Narendra Modi ji, Your authorities has ruined the lives of crores of individuals by pushing them into the pit of unemployment, inflation and inequality.” Itemizing the “failures” of the federal government, Kharge stated that as a result of unemployment fee of 9.2 per cent, the way forward for the youth is watching naught.

“For folks aged 20-24 years, the unemployment fee has risen to 40%, highlighting the intense disaster within the job market among the many youth,” Mr. Kharge stated.

The promise of doubling the revenue of farmers and MSP of value plus 50 per cent has turned out to be false, he stated.

Just lately, on the MSP of 14 Kharif crops, the Modi authorities has once more proved that it needs to make use of the MSP advice of the Swaminathan report solely as an “election gimmick”, he claimed.

The Congress chief stated, “3.84 lakh authorities jobs have been misplaced within the 7 PSUs wherein the vast majority of authorities stake has been offered! This has additionally led to the lack of jobs for SC, ST, OBC, EWS reserved posts”.

He stated 1.25 lakh folks have misplaced authorities jobs within the 20 prime PSUs wherein the Modi authorities has offered a small stake since 2016.

Manufacturing as a proportion of GDP has fallen from 16.5 per cent throughout the UPA regime to 14.5 per cent throughout the Modi authorities, he identified.

“Personal funding has additionally fallen drastically within the final 10 years. New personal funding plans, that are an vital a part of GDP, fell to a 20-year low of solely ₹44,300 crore between April and June. Final yr, personal funding of ₹7.9 lakh crore was made throughout this era,” he stated.

Mr. Kharge additionally alleged that the havoc of inflation is at its peak.

The costs of flour, pulses, rice, milk, sugar, potatoes, tomatoes, onions, and all important meals objects are skyrocketing, he famous.

The result’s that the family financial savings of households are on the lowest stage in 50 years, he added.

Mr. Kharge stated that financial inequality is the best in 100 years, whereas wage development in rural India is unfavorable.

“Unemployment has elevated considerably in rural areas and it has now elevated from 6.3% in Could to 9.3%. The typical variety of days of staff employed in MNREGA has decreased,” he stated.

“Modi ji, It has been 10 years, you used your PR to maintain the federal government away from the essential problems with the folks, however after June 2024, this is not going to work anymore, the general public is now demanding accountability,” Mr. Kharge stated.

The arbitrary tampering with the nation’s economic system should now cease, he added.





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