BJP's majoritarianism crippled Indian economy: Congress

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BJP's majoritarianism crippled Indian economy: Congress

The Congress also launched attack on the BJP. It raised the issue of PMC bank depositor's death

Tuesday October 15, 2019 9:39 PM, IANS

New Delhi: Taking cue from an article by Finance Minister's husband in a newspaper, the Congress on Tuesday launched a scathing attack on the Modi government over the state of the Indian economy.

The party asserted that P. Prabhakar, Nirmala Sitharaman's husband, is a senior economist and his views are based on facts.

"It is a man-made tragedy. The NDA-BJP Government has manufactured the current economic crisis through its inaction and through policies which it had pursued over the past five years. Social discord and economic development cannot go hand-in-hand", Congress spokesperson Manish Tewari said.

He slammed the government for invoking majoritarianism in the country. He said that it has direct relation with the state of the economy.

"This project to turn India into a majoritarian state has completely and absolutely crippled the Indian economy", he said.

The Congress also launched attack on the BJP. It raised the issue of PMC bank depositor's death.

"There was a complete failure of the Central Bank in its statutory function of exercising oversight over the Punjab and Maharashtra Co-operative Bank, which led to its collapse", Manish Tewari said.

"This has led to people committing suicide and is responsible for so much economical distress all around. So, the reason for the collapse of the bank is the loans given by the bank to Wadhwani's company", he said.

"This is the fundamental point and I don't think that any one should really detract from that fundamental reality, which has led to the collapse of the bank", he added.

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