Congress Accuses Modi Govt. Of Wrecking Economy

The Congress on Tuesday blamed the BJP government for "destroying" the economy and said open obligation expanded by over ₹30 lakh crore in 57 months of the Narendra Modi government, driving the country into an "unending obligation cycle."

Referring to Finance Ministry reports, party boss representative Randeep Surjewala said that between March 2014 and December 2018, open obligation expanded by an "astounding and stunning" 57%, to ₹83,40,026 crore. "The electrifying and stunning reports of the Finance Ministry mirror that the Modi government has taken advances of ₹30,28,945 crore post-March 2014-December 2018. In 70 years, India's complete obligation up to March 2014 was ₹53,11,081 crore. Plainly Modiji took credits on India's assets and demolished the economy," he said.

Mr. Surjewala said each individual was loaded with the obligation taken by Mr. Modi and his administration on account of their "sheer financial bungle," and for exposure and aiding their "associate entrepreneur companions."

He said 130 crore Indians were loaded with an extra credit of ₹23,300 each in the four years and nine months of the Modi government. The obligation per individual was ₹40,854 in 70 years up to March 2014, however it had gone up to ₹64,154 in 57 months of the Modi government, he said.

The administration wouldn't unveil the additional obligation that it had taken from December 2018 to March 2019. "We looked through the obligation records and they advise us that there would be an additional obligation of ₹7,16,700 crore this legislature would have taken up to March 2019, taking India's obligation to over ₹90,56,000 crore."

He included that the executive is pushing India into an unending obligation cycle and is destroying India's economy by his fizzled Modinomics.