Congress hits out at Modi govt over flailing economy, calls it 'Act of Fraud'

Congress on Thursday continued to corner Modi government over  stuttering ecomy that reported its steepest ecomic contraction in deces saying India is being pushed towards a "financial emergency".

"re are dark clouds of ecomic decay all around us. Lives, livelihoods, and jobs have been ravd. Businesses and small and medium industries lie dilapidated. ecomy stands destroyed as GDP has been razed and mowed down. India is being pushed towards a 'financial emergency'," Congress spokesperson Randeep Singh Surjewala said in a press conference.

Playing on Finance Minister Nirmala Sithraman's infamous attribute of 'Act of God' to  ecomic decline, Surjewala said  Modi Government has plundered ecomy in last six years by its "Acts of frauds". " government w describes its criminal ineptitude and culpable incompetence as an 'Act of God'. Sly, this is only Government in past 73 years which blames 'God' for its own frauds and bluster," he said.

India's GDP growth for first quarter of FY21 stood at -23.9% as per data released by National Statistical Office (NSO) on Monday, making it worst contraction on record.

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'Running scared of answering relevant questions'

Slamming government for "abolishing" Question Hour in upcoming monsoon session of Parliament, Congress leer said  government is running scared of answering relevant questions on issues like ecomy, coronavirus, and tensions with China.

"By abolishing question hour in Parliament, government is running scared of answering relevant questions. Modi government doesn't want to answer on brazen transgression by China onto Indian Territory, blunder of Indian ecomy, falling GDP, and over 12 crore job losses," he said.

He also took government over its inability to pay states' share of GST as revenues have dried up due to ecomic decline. "In meeting of 'Parliamentary Standing Committee on Finance' dated August 11, 2020, Finance Secretary clearly said that Government of India is t in a position to give GST compensation to States. latest SBI report of September 1, 2020, predicts a shortfall and revenue loss of 3 lakh crore in GST collections for States. How will States meet ir expenses? This is ecomic anarchy," he said.

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(im credits: PTI)