I will tell the Finance Minister that the weather of the village is rosy in your files, but these figures are false and the claim is bookish…Deependra Hooda said in Parliament.
New Delhi. In the winter session of Parliament, Congress MP Deependra Singh Hooda said, I want to say on the current situation of the country’s economy. I will tell the Finance Minister that in your files the weather of the village is rosy, but these figures are false and the claim is bookish. Modi government is saying that this much growth happened in the last quarter. But how reliable is the growth figure given and the growth rate given? Questions are being raised on this.
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He further said, IMF has given C grade to the government’s accounting. The growth rate in the US economy and many other economies is based on expenditure growth. If we look at the growth rate of our economy in terms of expenditure growth in this quarter too, it should be 6.1%. The average growth rate in 10 years of UPA was 8.1%, according to the data given by Modi government, the average growth rate in 11 years of NDA has reached 5.75%.
The Congress MP said, the rupee has reached its lowest level in 78 years, but the Finance Minister says that the rupee has not fallen that much, the dollar has strengthened. The country’s trade deficit has also increased. The highest trade deficit in 78 years has been recorded in a month. Which was $41.7 billion in October this year. The gap between the poor and the rich is increasing, 1% of the rich citizens of the country have 40% of the country’s wealth and 65% of the country’s income.
In the last 10 years, loans of Rs 16 lakh crore of capitalists were waived off, the UPA government had waived off loans of farmers worth Rs 78 thousand crores. Monopoly and duopoly have increased the most in the country’s economy. In sectors like airline, telecom, only 1-2 companies have captured the entire market. Our workforce is decreasing in the manufacturing sector. Unemployment is very high in our country. The debt in the country is increasing, and pollution in the country is also creating new records. Narendra Modi gives the slogan of Startup India, but the reality is that 6 and a half thousand startups were destroyed this year. The government is giving the slogan Make in India but in places like Vietnam and China the slogan is Made for India.
He further said, no growth is visible in our critical sectors like mining, manufacturing. 2.5% of GDP should be given to health, the government has kept 1.4%, in education the Modi government has said in the National Education Policy that 6% of GDP should be kept. You have kept only 4%. We are spending only 0.6% in research and development, there is a demand of at least 3% of GDP in defence, but the government is giving a budget of only 1.9%. In 2013-14, the UPA government used to spend 2.5% on defence, which reduced to 2% in the Modi government and has now come down to 1.9%.
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The budget for Air Force Modernization was reduced. We need 7 squadrons now, there were 42 squadrons during the UPA government and today only 31 squadrons are left. Jaguars have been retired in many countries of the world, but they have not been retired in our country. This year there have also been 3 Jaguar crashes in which our brave pilots were martyred. MSP remains a big question in the agriculture sector, which remains negligible in many places, and many farmers are not even able to get it. Farmers are in trouble for fertiliser, farmers are lathicharged.
Also said, Modi government has given a budget of Rs 3.5 thousand crore for sports, of which only Rs 80 crore has come in Haryana’s share, which is the lowest in the country and the maximum has come in Gujarat’s share of Rs 600 crore. The state which wins the most medals in the country has been given the least budget. Commonwealth Games are being held in Gujarat, Home Minister says that Olympic Games will also be held there. My demand is that Haryana should also be made co-host in this.
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