Shiv Sena attacks Centre over state of economy in mouthpiece Saamana

Shiv Sena on Saturday attacked Central government over current state of ecomy in country in its mouthpiece Saamana. Sena said that government is t able to give any comfort to market, which has been severely broken by implementation of demonetisation and Goods and Services Tax (GST). editorial furr mentioned that industrial growth is being affected and manufacturing growth is also being impacted which is reducing employment opportunities. It also stated that unemployment rate in our country is constantly increasing. Lastly, it termed that nature is alrey cruel and so at least Centre should t make ruthless policies.

Earlier on Tuesday, Shiv Sena said centralization of power in Prime Minister's Office (PMO) was one of main reasons for "poor" ecomic health of country. central government wants finance minister and RBI goverr under its control, an editorial in Sena mouthpiece 'Saamana' claimed, ding that present BJP-led dispensation is t rey to listen to ecomists as it considers ecomy as a "share market gamble".

RE | Centralisation Of Power In PMO t Good For Ecomy, Says Shiv Sena In Saamana

It supported concerns raised by former RBI goverr Raghuram Rajan, who recently said India is in midst of a "growth recession" with signs of a deep malaise in ecomy that is being run through extreme centralization of power in PMO and powerless ministers. India's ecomic growth slowed to a six-year low of 4.5 per cent in July-September quarter.

RE | Sanjay Raut Takes Charge Of Saamana From Uddhav Thackeray Before He Takes Oath As Maha CM

Ecomic Rebound by 2020

India's ecomy is expected to rebound in 2020 on back of measures taken by government and RBI coupled with an easing of global tre tensions, industry body CII said on Sunday. chamber also suggested a flexible fiscal policy that will set a central government's target for deficit in range of around 0.5 to 0.75% and said it is likely to have a significant multiplier effect on ecomy. "With proactive measures taken by government and Reserve Bank of India (RBI), industry believes that slowdown will be overcome, and a grual recovery will soon be in place."

RE | Maharashtra Cabinet Expansion: Sena & NCP To Bag 13 Ministries Each, Says Saamana

RE | Sanjay Nirupam Slams Sena Over Saamana Column, Alleges Insult To Mahatma Gandhi & Nehru

(with ncies input)