1. US rules out bailout for Silicon Valley Bank, auctions reportedly underway 2. Apple CEO Tim Cook backs AR/VR headset, likely to launch this year 3. Infosys’ Mohit Joshi joins Tech Mahindra as MD and CEO

2 crore jobs a year was ‘jumla’ for Modi govt: Sibal

Spread the love

Ahead of the polls in five states, the Congress has targetted the Centre over unemployment and the state of economy. Congress leader Kapil Sibal on Thursday raised the question of growing unemployment and said it was just a ‘jumla’ for the Modi government.

In a tweet, Sibal said, “Modiji said (2019): India will be a $5trillion economy by 2022
$1trillion (agriculture) $1trillion (manufacturing), Modiji promised : 2crore jobs every year Farmers income to double by 2022.”

The Congress has been targeting the Modi government and has alleged that the household income of 84 per cent Indians has reduced.

The party had alleged that due to the Centres ‘bad economic policy, unemployment rate in the country has gone up to 7 per cent, wholesale inflation rose to 13.56 per cent, rupee fell to 74+ against the US dollar, income of 84 per cent households declined in 2021 while the wealth of some individuals multiplied nine times’.

Claim Free Bets

The Congress demanded that corporate tax was slashed from 30 per cent to 22 per cent, similar relief should be provided to the middle and lower-income groups.

The party demanded that the government should reduce petrol and diesel prices by Rs 25 per litre, while GST rates on essential items should be either exempted or rationalised as high rates on these items are ‘regressive’.

Addressing a virtual press conference, Congress spokesperson Gaurav Vallabh had said, “The income of 84 per cent of the households in the country declined in 2021, but at the same time the number of Indian billionaires grew from 102 to 142 (39 per cent growth).

“The richest 98 Indians own the same wealth as the bottom 55.2 crore people. During the first two waves of the pandemic, the wealth of Indian billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. This growth in the wealth of billionaires (Rs 30.02 lakh crore) is 86 per cent of the Union Budget for FY 21-22 (Rs 34.83 lakh crore).”

    THE FREE MEDIA

    THE FREE MEDIA

    All Posts

    Related Post

    View All

    Does marital rape disturb the institution of marriage?

    March 28th, 2022 | SRUSHTI ATKARE

    Spread the loveThe marital rape, forceful intercourse with the spouse not only affects the wife’s physiologically bu...

    CDS Bipin Rawat dies in chopper crash in Tamil Nadu

    December 8th, 2021 | DRISHTI SHARMA

    Spread the loveNagpur: Chief Defence Staff General Bipin Rawat and his wife Madhulika Rawat were killed in a helicopter cr...

    Facebook’s new campaign urges people to follow...

    September 9th, 2021 | THE FREE MEDIA

    Spread the loveFacebook on Wednesday launched a new campaign highlighting the importance of taking continued precautions t...