Rahul Gandhi criticises PM Modi's economic policies

Agencies
September 12, 2017

Washington, Sep 12: Congress vice president Rahul Gandhi today criticised Prime Minister Narendra Modi's economic policies, accusing him of causing "tremendous damage" to India's economy with "reckless and dangerous" decisions like demonetisation and "hastily-applied" GST.

Gandhi, 47, who arrived in the US yesterday on a two- week-long tour, addressed students at the University of California, Berkeley, to reflect on contemporary India and the path forward for the world's largest democracy.

He said the November 8 demonetisation decision was taken without asking the Chief Economic Advisor and Parliament, which caused tremendous damage to the economy. Demonetisation, he alleged, imposed a devastating cost on India.

"Ignoring India's tremendous institutional knowledge and taking such decisions is reckless and dangerous," he charged. He said 30,000 new youngsters were joining the job market every single day and the government was only creating 500 jobs a day.

"This does not include the massive pool of already employed youngsters," he said. "The decline in economic growth today is leading to an upsurge of anger in the country. The government's economic policies demonetisation and hastily-applied GST have caused tremendous damage," he alleged.

Goods and Services Tax, a tax regime which combines all of India's states and union territories into a single market, was launched at midnight on June 30. Gandhi also accused the government of wiping out millions by demonetisation.

"Millions of small businesses were simply wiped out as a result of the demonetisation, farmers and many who use cash were hit extremely hard. Agriculture is in deep distress and farmers suicides have skyrocketed across the country."

Finance Minister Arun Jaitley, however, had said the fallout of demonetisation was on predicted lines and the economy will benefit in medium and long term.

Jaitley's remarks came after the Reserve Bank of India said that 99 per cent of the demonetised currency came back into the system. Jaitley had also insisted that money getting deposited in banks does not mean that all of it is legitimate.

But Gandhi described demonetisation "a completely self- inflicted wound" that caused approximately 2 per cent loss of the GDP.

India, the Congress leader said, cannot afford to grow and create jobs at the current rate. "If we continue at the current rate, if India cannot give the millions of people entering the job market employment, anger will increase and it has the potential to derail what has been built so far. That would be catastrophic for India and the world beyond," Gandhi warned.

The Congress vice president said that the central challenge for the country today is creating jobs. Noting that roughly 12 million young people join the Indian job market every year with nearly 90 per cent of them having a high school education or less, Gandhi said India, being a democratic country, cannot follow the Chinese model of coercion.

"Unlike China it has to create jobs in a democratic environment," he said, adding that India does not "want China's coercive" instruments. "We cannot follow the model of massive factories controlled by a few," Gandhi said.

Jobs in India, he said, are going to come in from small and medium scale industry. India, he asserted, needs to turn colossal numbers of small and medium businesses into international companies.

Alleging that currently all the attention in India is being paid to the top hundred companies, he said: "Everything is geared towards them, the banking systems are monopolised by them and the doors of government are always open to them."

"And laws are shaped by them," he said, adding that entrepreneurs running small and medium businesses are struggling to get bank loans.

"They have no protection and no support. Small and medium businesses are the bedrock of India and the world's innovation. Big businesses can easily manage the unpredictability of India. They are protected by their deep deep pockets and connections," he said. India, he said, has triggered a massive process of human transformation.

The momentum is so powerful that India's failure is no longer an option, he said, "Our success impacts the world," Gandhi said, warning that this momentum can be destroyed by "hatred, anger and violence".

"The politics of polarisation has raised its ugly head in India," he said, adding that liberal journalists are being shot. He was apparently referring to rights activist and journalist Gauri Lankesh's killing.

"People being lynched because they are Dalit," he alleged. "Muslims were killed on suspicion of eating beef. This is new in India and damages India very badly."

He said the politics of hate divided and polarised India and was making millions of people feel that they have no future in their own country.

"In today's connected world this is extremely dangerous," he said. Gandhi at the same time also acknowledged that Prime Minister Narendra Modi is a better communicator than him.

"I'm an opposition leader. But Mr Modi is also my prime minister. Mr Modi has certain skills. He's a very good communicator. Probably much better than me. He understands how to give a message to three or four different groups in a crowd. So his messaging abilities very subtle and very effective," Gandhi said.

He was responding to a question on what does he think about Modi as the prime minister. "What I sense is that he doesn't converse with the people he works with. Even members of Parliament of the BJP come to me and tell me that 'sunte nahi hain' (he does not listen to us)," Gandhi added.

He said Modi must speak to the people who work with him. "I mean there is a lot of information that the opposition for example has. He is not really interested in that input. So that is what has been going on," he said.

Gandhi described Modi's flagship policies like 'Make in India' and 'Swachh Bharat' as a good idea. "On what they have done well? What I like? I like the concept of 'Make in India'. But the orientation of 'Make in India' is slightly different than what I would. So, the orientation of Make in India is big business and a lot of it is defence.My orientation of 'Make in India' would be small and medium businesses," he said.

Gandhi said he would like to carve out space for small and medium businesses and bring in experts from Silicon Valley and take these small and medium businesses and transforming them into global companies.

"Swachh Bharat is something that Mr Modi likes. The idea of hygiene I think is a good one. And I think I think the sort of stuff that they are doing on open defecation is not a bad thing," Gandhi said.

The Congress vice president said the impression that he was a reluctant politician was a result of the campaign against him by the other political camp.

"There is a BJP machine about a thousand guys sitting on computers that basically tell you about me," he said as the audience burst into laughter.

"They tell you, I am reluctant, I'm stupid. They tell you all these things," he said amidst another round of laughter and applause.

"All they do is spread abuse about it. And the operation is basically run by the gentleman who is running our country," Gandhi said.

Responding to a question, Gandhi said the country needs political reform. "Administrative reform is important. But much more important than administrative report is actually political reform. Today, the real problem in India is that our political machine.. they are not empowered the way they should be... The laws in India are made by the ministers and five or six people surrounding the minister.

"And until you make that process transparent and out into the open, you are not really going to transform the system," he said.

He said the lawmakers who should be formulating policies are today more worried about building roads.

"Today our MPs don't make laws. They are worried about building roads in villages. And they get punished for not building roads in villages. They should be making laws. They should be empowered to make laws. That's their job. And that is the fundamental thing that has this gone wrong in India," he said.

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News Network
November 15,2024

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Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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News Network
November 18,2024

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Mangaluru: The Ullal police have arrested Manohar, the owner of Vazco Beach Resort, and its manager Bharath in connection with the drowning of three college girls from Mysuru at the resort’s swimming pool on November 17.

City Commissioner of Police Anupam Agrawal confirmed the arrests, stating that a case has been registered under Section 106 of BNS. The bodies of the victims, all in their twenties, have been handed over to their parents. The women had arrived at the resort for a weekend getaway on November 16.

Following the tragic incident, the resort was sealed by officials led by Mangaluru Assistant Commissioner Harshavardhan. The trade license of the resort, issued on June 13, 2024, has been suspended, and the tourism department has temporarily revoked the resort's registration. These actions prohibit the resort from engaging in any tourism-related activities until further notice.

Someshwara TMC Chief Officer stated that the suspension was due to the resort's failure to implement adequate safety measures, which resulted in the loss of three lives. Further investigations are underway.

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News Network
November 23,2024

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Bengaluru: In a boost to the ruling Congress in Karnataka, the party on Saturday swept the by-polls to three Assembly segments, causing a major setback to the BJP-JD(S) alliance in the state.

The Congress has retained Sandur, the seat considered to be its strong hold, and has also bagged Shiggaon and Channapatna segments, which were earlier held by BJP and JD(S) respectively.

The November 13 by-polls to Sandur, Shiggaon and Channapatna Assembly segments had witnessed a fierce fight between the ruling Congress and a combative BJP-JD(S) alliance.

The by-polls to Sandur, Shiggaon and Channapatna were necessitated as the seats fell vacant following the election of their respective representatives -- E Tukaram of Congress, former CM Basavaraj Bommai of BJP, and Union Minister Kumaraswamy of JD(S) to Lok Sabha in May elections.

The by-polls witnessed a straight fight between the ruling Congress and BJP in Sandur and Shiggaon segments, while in Channapatna, JD(S) which is part of the NDA alliance took on the grand old party.

Congress' C P Yogeeshwara won the Channapatna segment, defeating JD(S) candidate and Kumaraswamy's son Nikhil Kumaraswamy, by a margin of 25,413 votes.

Former CM Basavaraj Bommai's son Bharath Bommai of BJP faced defeat against Congress' Yasir Ahmed Khan Pathan in Shiggaon Assembly segment by a margin of 13,448 votes.

In Sandur, Congress candidate E Annapoorna, the wife of Bellary MP E Tukaram, won the seat vacated by her husband, by a margin of 9,649 votes.

Congress' win in the by-poll is seen as an endorsement of both Chief Minister Siddaramaiah and his deputy D K Shivakumar's leadership, and the government's programmes, especially the five guarantee schemes.

Nikhil Kumaraswamy and Bharath Bommai, the third generation of Gowda and Bommai family respectively, who contested this bypolls, have lost. Their fathers and grandfathers had served as Karnataka's Chief Ministers in the past.

While for Bharath Bommai this was his electoral debut, for Nikhil it was his third electoral loss.

Among the three segments, Channapatna was considered to be a high profile battle, where the contest was between C P Yogeeshwara and actor-turned-politician Nikhil Kumaraswamy.

A five-time MLA from the segment and a former Minister, Yogeeshwara had joined the Congress after quitting BJP ahead of nomination.

There were plans to field Yogeeshwara on a JD(S) ticket, but he was not interested in it, and instead wanted Kumaraswamy to support him as BJP candidate. This was not acceptable to Kumaraswamy and his party, following which Yogeeshwara jumped ship.

However, Kumaraswamy had subsequently said he had agreed to Yogeeshwara contesting from BJP, and despite that he jumped ship to Congress, under the influence of Deputy Chief Minister D K Shivakumar and his brother and former MP D K Suresh.

Nikhil had faced defeat in 2019 Lok Sabha and 2023 Assembly polls. It is seen as a setback for Kumaraswamy too, as he could not ensure son's win from the Channapatna, the seat he had twice represented in the past.

Congress' win is crucial for Shivakumar, who is also the state Congress chief and his brother Suresh to strengthen their position in their home district of Ramanagara, a Vokkaliga heartland.

In Shiggaon, BJP's Bharath Bommai, son of Basavaraj Bommai lost against Congress' Yasir Ahmed Khan Pathan, who had faced defeat against the former Chief Minister in the 2023 Assembly polls.

Initially, former MLA Syed Azeempeer Khadri, a Congress' ticket aspirant, had raised a banner of revolt in Shiggaon, by filing his nomination as an independent, but later withdrew after intervention by party leadership.

In Sandur, Bellary MP Tukaram's wife E Annapurna of Congress won from the seat vacated by her husband, against BJP ST Morcha president Bangaru Hanumanthu, who is considered close to party leader and former mining barron G Janardhan Reddy.

Sandur is a Congress' bastion, and Tukaram had represented it four times.

Congress winning the by-polls is seen as "crucial" for Chief Minister Siddaramaiah to assert himself , amid demands for his resignation following charges against him in the MUDA site allotment case.

There were also behind-the-scenes political activities within the ruling Congress earlier this year, with a few ministers in his Cabinet holding closed door meetings, fueling speculation about leadership change. But such activities came to a halt following instructions from the party high command.

It is equally important for Shivakumar, who has not shied away from openly expressing his Chief Ministerial ambitions, amid speculations over "rotational Chief Minister formula," according to which he will become CM after two-and-half years (in this govt's five years tenure), but they have not been officially confirmed by the party.

The defeat in this by-poll is seen as a setback for state BJP President Vijayendra, who has been facing intense criticism and opposition from a section within the party, who have raised a banner of revolt against his leadership accusing him and his father, veteran leader B S Yediyurappa of "adjustment politics".

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