The BJP expressed its serious concern over the rapidly deteriorating state of the Indian economy where untold sufferings are inflicted on the common man. The BJP holds the Congress-led UPA government guilty of non-performance, policy paralysis and lack of direction.
Much to the dismay of all, it alleged that the Congress-led UPA government hastily embarked on the path of economic reversals. Instead of working towards a 10% percent growth rate with 5% inflation rate, BJP pointed out that in its nine-year tenure, the UPA has achieved exactly opposite – a 10% inflation rate and a 5% growth rate! Even by conservative estimates, the mess of economic mismanagement under the Congress led UPA government has taken the country many decades backward. This contrast needs to be noted that NDA started with 4% of GDP growth and took the country on the 8+% growth trajectory, while the UPA inherited 8+% GDP growth rate and brought it down to nearly 4%.
According to the BJP, the biggest failure of the UPA government is its failure to tame inflation and bring down the prices. Unfortunately, inflation is not the result of any natural disaster but is purely a gift of this government. BJP deplored that inflation is also a process that reverses socio-economic justice since it facilitates transfer of real assets from poor sections to the non-poor sections. The BJP demanded an immediate roll back of hike in all administrative prices from diesel, gas, petrol, rail and other services as the common man is reeling under unprecedented economic burden.
The BJP accused that the Congress led UPA government has become synonymous with corruption. The VVIP Chopper Scam and the Farm Loan Waiver scams are the latest additions in this government’s unending list of corruption. It is fascinating to note that Italy, which was to benefit from the helicopter deal, went after the bribe givers immediately when they got the wind of corruption, while India, the sufferer of this scam is not ready to trace the bribe takers.
The BJP pointed out that mystery still shrouds over the mention of the recipients as “the family”. A massive farm loan waiver scam has been unearthed by C&AG. More than 34 lakh farmers who were eligible for loan waiver did not get benefited on account of the faulty implementation of the scheme. Instead, more than 24 lakh ineligible farmers became beneficiaries of a windfall benefit through the tardy implementation. The BJP said that corruption also is an important trigger for inflation, a dampener for honest investment and also a reason for growing fiscal deficit.
The most popular citizen journalists' reports on merinews chosen automatically on the basis of views and comments
View more jobs