NEW DELHI: Expressing concern on the state of this market, Congress on Tuesday reported the Modi government must think about the advice provided by the resistance and noticed economists to get liberal spending, printing more stimulation and money to shore up the market.
It stated immediate measures were needed to make sure that 2021-22 doesn’t return since the prior calendar year, that has become the”darkest season of the market in four years”.
Addressing a media conference, former finance minister P Chidambaram said the authorities previously sold a fictitious narrative of financial recovery if there wasn’t any such signs, and it’s dropped flat in almost no time.
He stated it had been time to allow the Centre to undo its”devastating policies”.
Tweeting a chart of increasing unemployment rate, Congress’ Rahul Gandhi commented,”PM’s hall of shame — Minimum GDP.
Maximum Unemployment.” “The present condition of the market is no doubt largely because of the effects of the pandemic, however it’s been compounded with the ineptitude and laborious financial management of their BJP-led NDA administration…
tips on fiscal growth and money transfers are turned down.
Hollow packs such as Atmanirbhar have fallen flat,” he explained.
“Take actions today and attempt to avoid a tragedy of another wave,” he explained.
P Chidambaram said the authorities previously sold a fictitious narrative of financial recovery when there wasn’t any such proof, and it’s fallen flat in almost no time.
He stated it had been time to allow the Centre to undo its’devastating policies’.
Printing more money, Invest : P Chidambaram advises govt
