New Delhi | Wednesday, May 18 2016 IST
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Congress today expressed its disappointment over the Narendra Modi Government's performance during its two-year regime and asserted that the Prime Minister himself has exposed the hollowness of his own claims by messing upon every front.
"Mr Narendra Modi came to power on the back of promising phenomenal economic growth,..the nation believed him,..but, over the last 2 years he has exposed the hollowness of his own claims by messing upon every front", the principal opposition party said in a communique.
For instance, exports have been falling continuously for the last 17 months and Indian Rupee value dipped as low as Rs 68 per US Dollar, the party said adding "But, the Government has no answers".
Under his tenure, there has been a simple re-packaging of old Congress led UPA legislations like GST, Real Estate Bill and Insurance Bill..,..It bears noting that the BJP opposed each of these when in Opposition and changed its views the moment they sat on Treasury benches, as was clearly evident from its volte face on Aadhaar and MGNREGA", the party said. The Modi Government has proven itself to be one that is devoid of any original thinking and has based itself totally on rhetoric and inaction.
At the start itself, in 2014, the Modi administration had run out of ideas. So, they borrowed heavily from UPA's tenure..,..from the Direct Benefit Transfer and Aadhaar schemes, the recently re-branded Jan Dhan Yojana, to the Goods and Services Tax, FDI in Insurance and Real Estate Regulation Bill, Modi Government picked up schemes and legislation of Congress led UPA, it claimed in the communique. "Their mind worked faster when it came to "managing headlines", rather than doing real work. The first act of the Modi Government was to change the methodology by which GDP was calculated..,..It was through this number jugglery that BJP claimed 7 per cent plus GDP growth rates", the party quipped.
''Under this regime, industrial growth has slowed down to a dismal 2 per cent for the current fiscal..,..this has had its impact on the manufacturing sector, which saw negative index of industrial production(IIP) numbers for 3 months in November, December and January.
''Exports have been falling for the last 17 months, and there seems no respite in sight. Modi Government's inaction on this front has hurt manufacturing and job creation.
''An economy is only abstract numbers on a sheet, unless it translates into jobs & income. Modi Government came to power promising 2 crore jobs a year. In 2015, Mr Modi, with all his wonderful rhetoric, could only deliver 1.35 lakh jobs. This coupled with his complete abandoning of the Indian farmers has left the common man completely out in the dust,'' the party alleged. "The unimaginative and sub-par performance by the BJP Government and Mr Modi has come when the international crude price is at historic lows.,..To hide its poor performance, the Government has constantly been increasing tax on crude, and making windfall profits..,..This is done to hide the fact that shortfall of Direct Tax Collection has been Rs 64,000 crore and profits for private companies have been dismal", the Opposition party further said.
"Who does this Government work for? Schemes like Smart City sound wonderful, but it stops there..,..PM Modi's Government does not have a sustainable model for economic development. India's governance seems to be running on an ad-hoc basis", the Congress said.
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-- (UNI) -- C-1-1-DL0089-738809.Xml
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