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Congress slams Narendra Modi government over reduction in GDP figures

The National Statistical Office (NSO) has revealed the figures for the first quarter of the financial year 2021 to be -23.9 per cent. This is the worst contraction on record and the opposition has now cornered the Modi government over it.

Congress slams Narendra Modi government over reduction in GDP figures
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Amid the ongoing layoffs and increasing unemployment issue due to the coronavirus outbreak, the central government has come to admit that the Gross Domestic Product (GDP) has contracted to 23.9 per cent. 

The National Statistical Office (NSO) has revealed the figures for the first quarter of the financial year 2021 to be -23.9 per cent. This is the worst contraction on record and the opposition has now cornered the Modi government over it. 

Congress leader Sachin Sawant has taken a dig at the centre taking reference to the viral video, “rasode main kaun tha”. Sawant modified the viral tune and said that “Rasode main Modiji the” while slamming the centre over the massive contraction of GDP figure. 

“Modiji, 70 saal ka vikas nikal diye aur Bharat ka GDP duba diya (Modiji is responsible for eliminating the development done in past 70 years and dropped the GDP numbers),” Sawant tweeted. 

Meanwhile, Congress leader Rahul Gandhi has also slammed the Modi government saying that the drop in GDP numbers is “historic.” Gandhi further listed that India is witnessing highest unemployment in 45 years along with 12 crore job loss. 

Gandhi also pointed out that the centre is not paying the GST dues to states who are facing an economic crisis due to the coronavirus lockdown. He further added that India is stuck between the coronavirus outbreak and external aggression at the border. 

Meanwhile, Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar has asked the centre to take a loan from the Reserve Bank of India (RBI) to compensate for the outstanding GST payments to states. 

In a meeting chaired by Union Finance Minister Nirmala Sitharaman earlier, the centre sought to convince the states to take a loan to compensate for the GST payments which have been remaining for months. However, Pawar said that the central government should itself take loans and pass funds to the states. 

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