India

India reeling under Modi-made disasters, says Rahul Gandhi

Two days after India witnessed a plunge in its economy, the Indian National Congress leader, Rahul Gandhi, took to twitter and expressed his anger over India’s falling economy under the Modi-led regime.

Gandhi took to twitter and tweeted a numbered list of six “Modi-made disasters.”

“India is reeling under Modi-made disasters: Historic GDP reduction -23.9%; Highest Unemployment in 45 years; 12 crore job loss; centre not paying states GST dues; globally highest COVID-19 daily cases, deaths; external aggression at our borders,” the Lok Sabha MP wrote on his twitter.

Last week, hinting at the fall in GDP, Finance Minister Nirmala Sitharaman during a GST Council meeting had said: “…This year we are facing an extraordinary situation. We are facing an act of God where we may even see a contraction.”

Congress Leader and the former Finance Minister P Chidambaram, in an interview to NDTV a day after a 24 per cent drop in the GDP signalled India’s worst economic contraction on record, also called the Indian government’s relief package “a joke.”

“Don’t blame god. In fact you should thank god. God has blessed the farmers of the country. The pandemic is a natural disaster. But you are compounding the pandemic, a natural disaster, with a man-made disaster,” quoting Chidambaran, the NDTV reported. 

India’s National Statistical Office (NSO) on Monday, released data that showed contraction of Indian GDP by 23.9% in Q1 against 3.1% growth in previous (January-March) quarter.

India’s contraction is the sharpest among major economies and is close to UK’s contraction of 20.4% in the second quarter.

In the list of worst hit economies due to the pandemic, India stands at number four, preceded by the United States of America with nearly 33% recession, Canada with a plunge of 38%, while Japan recorded a recession of 28%.

China however, has been the only country among the G7 countries to have recovered with 3.2% growth in the April-June quarter after posting a contraction in January-March quarter.

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