Modi govt's mismanagement has set economic transformation back by 20 years: Cong
9 months, 4 weeks ago

Modi govt's mismanagement has set economic transformation back by 20 years: Cong

Deccan Chronicle  

Underlining that economic growth means diversification of employment from agriculture to industry to services, the Congress on Saturday claimed that the progress achieved under Manmohan Singh's prime ministership in this direction has been reversed by the Narendra Modi government. The current dispensation's "mismanagement" has set the economic transformation back by 20 years, the party alleged.Congress general secretary Jairam Ramesh said the number of agricultural workers in India declined by 6.7 crore between 2004-05 and 2017-18 as workers left low-wage agriculture to instead pursue higher-wage occupations in manufacturing and services.This was a historic achievement, a key landmark in India's transition to a middle-income country, he said in a post on X. "All the progress achieved, largely under Dr. Manmohan Singh's prime ministership, has been almost entirely reversed within three years of Modi's Anyay Kaal," Ramesh claimed.Since 2018-19, the number of agricultural workers has gone up by 6 crore, and the reversion back to agriculture predates the COVID-19 pandemic, he said. "Rather than take India on the path to prosperity, the prime minister's blundering and mismanagement has set our economic transformation back by 20 years," Ramesh alleged.The Congress has been attacking the government over its handling of the economy and raising concerns over "increasing" unemployment and price rise.

History of this topic

Congress criticises PM with 'voodoo economics' jibe over slowing GDP growth
2 weeks, 6 days ago
In search of jobs: On the challenge of employment generation
5 months ago
PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge
5 months, 1 week ago
India’s economic boom won’t be derailed by its election shock
6 months, 2 weeks ago
Modi touts India’s roaring economy as he seeks reelection, but many feel left behind
6 months, 3 weeks ago
PM Modi sets ambitious India economic goals for probable third term
8 months, 2 weeks ago
GDP growth at 8.4 per cent in Dec quarter, PM Narendra Modi hails ‘strength, potential of Indian economy’
9 months, 3 weeks ago
Government choices and policies have taken India's economy to new height: PM Modi
1 year ago
Modi says India’s economy will be among the top three in the world within five years
1 year, 4 months ago
Promised change in 2014, performance in 2019, will return with report card in 2024: Modi at Red Fort
1 year, 4 months ago
'Indian economy's growth rate underscores its resilience amid global challenges,' says PM Modi
1 year, 6 months ago
Faced Covid challenge but UP doubled GDP, per capita income, says UP CM Yogi Adityanath
1 year, 10 months ago
Economic Survey 2022-23 | Survey presents comprehensive analysis of India’s growth trajectory: PM Modi
1 year, 10 months ago
PM Modi's food security scheme averted rise in extreme poverty: IMF study
2 years, 8 months ago
An already slowed Indian economy faces fresh risks
2 years, 9 months ago
HTLS 2021— Covid action spurred economic bounceback: Union minister Amit Shah
3 years ago
COVID-19 pandemic not over in India, country fighting virus together, says Amit Shah
3 years ago
From pandemic and Pangong to farm protests, how Narendra Modi showed his mettle as prime minister
3 years, 1 month ago
Indian economy, hit by COVID-19, shrinks by 7.3% in 2020-21
3 years, 6 months ago
Will covid-19 halt India’s economic recovery once again?
3 years, 8 months ago
Despite COVID-19, govt took up reforms to make India one of top economies: Sitharaman
3 years, 10 months ago
Economic Survey Upshot: Govt Revises Growth Rate for 2019-20 Downwards to 4 Per Cent
3 years, 10 months ago
Economic Survey predicts 11% growth in fiscal 2022
3 years, 10 months ago
Indian economy heading towards V-shaped recovery in 2021: Assocham
3 years, 11 months ago
How India’s economy is recovering rapidly from the pandemic
4 years, 1 month ago
Covid-19 straining India’s health infra, delaying economic recovery
4 years, 3 months ago
India Will Be Back to High Growth Through Reforms After Overcoming Pandemic: CEA
4 years, 3 months ago
Historic fall in GDP, rampant job loss because PM Modi is helping only his friends: Rahul Gandhi
4 years, 3 months ago
Modionomics Has Failed, Should Listen to Manmohan Singh to Revive Economy: Adhir Chowdhury
4 years, 3 months ago
Rahul Gandhi lists 6 ‘Modi-made disasters’, Chidambaram asks PM to focus on economy
4 years, 3 months ago
India reeling under 'Modi-made disasters': Rahul Gandhi attacks PM over state of economy, rising COVID-19 cases
4 years, 3 months ago
Govt Analysts Say Signs of Recovery in Rural Economy Hailed by PM Modi 'At Best a Mitigating Factor'
4 years, 4 months ago
India's economic recovery unlikely this year as pandemic rages on
4 years, 4 months ago
Modi hai toh mumkim hai: Rahul Gandhi's latest jibe at PM Modi over worsening economic crisis
4 years, 4 months ago
India's gloomy economic outlook darkens as Covid-19 infections soar: Poll
4 years, 4 months ago
Growth Depends on Social Norms, Political Culture; Not Just Economic Policies: Ex-World Bank Economist
4 years, 4 months ago

Discover Related