How Rahul Gandhi's Mandsaur speech has started a war of facts between Congress and BJP
Arun Jaitley wrote a Facebook post blasting the Congress president. A counter by Randeep Surjewala followed soon after.
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Rahul Gandhi’s speech in Mandsaur, Madhya Pradesh, on the first death anniversary of the five farmers who were killed in agrarian protests here has created a “war of facts” between BJP leader Arun Jaitley and the Congress’s communications in-charge Randeep Surjewala.
Up in arms? Rahul Gandhi was in Madhya Pradesh on the first death anniversary of the five farmers who were killed in agrarian protests in Mandsaur. Photo: Twitter/Rahul Gandhi
Attacking Gandhi for his speech, Jaitley wondered on Facebook “How much does he know?” Within hours of his blog, however, Congress chief spokesperson countered him point by point.
Modi waived loans of Rs2.5 lakh crore of the 15 top industrialists in the country.
Those who owed money to the banks and other creditors have been declared insolvent and removed from their companies by IBC enacted by Prime Minister Modi’s Government. These loans were given largely during the UPA Government.
Modi government wrote off loans of a handful of crony friends worth Rs 2.41 lakh crore as per reply given to Parliament by Finance Ministry as recently as on April 3, 2018.
Loans are not available to the kisans but only to the industrialists.
This was during the UPA government, particularly UPA II, when the bulk of amount constituting the NPAs today were given by the banking system during the period 2008-14. From 2014, we have been systematically taking one step after the other to recover this money back.
“Modi Sarkar is actually the “NPA Sarkar””. Gross NPAs have gone up from Rs 2,51,054 crore in March 2014 to Rs 8,31,141 crore in December 2017 (an increase of a whopping 230 per cent during Modi government) as per the reply given to Parliament by Finance Ministry, as recently as on April 6, 2018.
Prime Minister has given Rs 35,000 crore each to two diamond jewellers who have now escaped out of the country.
This banking fraud started in the year 2011, when the UPA II was in power. It was only detected during the NDA period.
“Fleece the Banks and Fly Away to Foreign Lands” is the “Facility for Fraudsters” under the Modi government’s watch. Perhaps, Shri Arun Jaitley forgets the recent “Bank Loot Scams” worth over Rs 61,036 crore. Let us remind the BJP.
If the Congress comes to power, mobile phones, which are now made in China, will be manufactured in India.
In the year 2014, when UPA went out of power, there were only two mobile phone manufacturing units in India. In 2018, with the result of our electronics policy and the incentives in a four-year period, this has increased to 120 units with an investment of Rs.1,32,000 crore.
“Make in India” has become an empty slogan under Modi government. BJP and its minister without portfolio forget that:-
- Industrial growth has declined from 7.4 per cent in 2016 to 4.45 per cent in 2018.
- GFCF, i.e, an indicator of investment, has fallen from 31.34 per cent to 28.49 per cent.
- India’s exports have fallen from Rs 19.05 lakh crore in 2013-14 to Rs 10.73 lakh crore (2017-18)
- Between 2014 and 2018, India’s revenue from export is zero.
Jobs not being created in India.
The latest GDP date has re-emphasised India as the fastest growing economy in the world. There is a double digit growth in construction, expansion in manufacturing, an increased capital formation that indicates investment increase, large investment in physical infrastructure and increased investment in rural India. All these are job creating sectors.
BJP promised 2 crore jobs per year, but the stark reality is that it has only betrayed our youth.
- Modi government created only 4.16 lakh jobs in 2016-17
- 77 per cent of Indian workers will have vulnerable employment by 2019 (ILO)
- Demonetisation led to loss of 15 Lakh jobs (CMIE).