New Delhi: Congress on Tuesday hit out at Finance Minister Nirmal Sitharaman for questioning the finances behind Congress's election guarantee of giving Rs 1 lakh per year to poor women and youth of the country and blamed him on record unemployment and price rise. Accused of monitoring.
In a post on Twitter, Congress general secretary Jairam Ramesh said Sitharaman valued Congress's guarantee of providing benefits to 99 per cent of the population, but did not agree with the Rs 16 lakh crore loan waiver or Rs 2 lakh crore loan waiver for those close to the Prime Minister. Doesn't believe in corporate tax. The biggest companies took a cut of 0.7% which went straight into the pockets of their "friends".
He stressed that the schemes promised by the Congress will be properly implemented by the India Bloc government starting next month.
"The Modi government has a habit of describing as 'revri' only those policies which are aimed at benefiting 99% of the population, while the billions of rupees given to people close to the PM are kept out of this category .Ramesh said in his post, "The good news is that these anti-people policies will end on June 4, 2024. India will win and India will change."
He said Sitharaman has questioned the feasibility of the Congress's historic justice manifesto, and described its practical proposals as "big promises that could be financially costly".
Noting that GDP growth, investment and job creation in the last two decades were higher under the UPA than the NDA, he said UP had ended its tenure with lower fiscal deficit and national debt (as a percentage ) ended with. o GDP) as compared to Modi government."This was the same scaremongering that the BJP did unsuccessfully in 2004, after which the UPA took power and delivered India's best ever economic performance, that too despite the global financial crisis of 2008, which was the worst since the 1930s. "Prime Minister Manmohan Singh was the primary partner when Obama said it was the biggest blow to the global economy since President Barack Obama," the Congress leader claimed.
Ramesh said it is not a surprise that Sitharaman has rejected essential schemes like Mahalakshmi (Rs 1 lakh to every poor family) or Pehla Naukri Pakka (an apprenticeship of Rs 1 lakh to every graduate or diploma holder below 25 years of age). Considers "liberal". Unemployment and price rises, including wholesale inflation hit a 13-month high in April. She is known for shrugging off the skyrocketing prices of food items with insensitive comments like, "I don't eat onions."He further said, “What is not ‘liberal’ for them is the loan waiver of Rs 16 lakh crore of PM's cronies or the Rs 2 lakh crore corporate tax cut for the 0.7% largest companies, which directly benefits them. It went into friends' pockets. And even though MSMEs suffered losses, there was no investment.
Sitharaman on Monday had wondered whether the Congress was aware of the cost of implementing social welfare schemes, including giving Rs 1 lakh to women from families below the poverty line.
A lot has been said in recent times about the fiscal management (especially on debt) of our government under the leadership of Prime Minister Modi, Sitarama said in a post on X.
“Many a times, the absolute numbers have been compared without considering the GD growth on which we base the loan calculations.I would like to put forward a clear picture in contrast to @INCIndia, which hides behind tall promises which are non-transparent and divorced from reality. ," He said.
"Has @INCIndia considered the cost of the lofty promises made in their manifesto? Have they calculated how costly the 'khata-khat' schemes will be fiscally? Will they borrow massively for them, or will they “Will we raise taxes to fund them?” He said.
Sitharaman also wondered how many welfare schemes Congress leader Rahu Gandhi would close to adjust the financial cost of "khata-khat" schemes.
Last month, while addressing an election rally, Rahul Gandhi had made a poll promise saying that if he wins the election, the party will transfer Rs 1 lakh to the account of a woman from every poor family in the country.He said, "Will Rahul Gandhi want to answer these real questions and explain how his huge plans of fiscal profligacy will work without increasing taxes or borrowing heavily and collapsing the economy? Here is a challenge for him to tell India Answer these questions for people." Said.
In a post on Twitter, Congress general secretary Jairam Ramesh said Sitharaman valued Congress's guarantee of providing benefits to 99 per cent of the population, but did not agree with the Rs 16 lakh crore loan waiver or Rs 2 lakh crore loan waiver for those close to the Prime Minister. Doesn't believe in corporate tax. The biggest companies took a cut of 0.7% which went straight into the pockets of their "friends".
He stressed that the schemes promised by the Congress will be properly implemented by the India Bloc government starting next month.
"The Modi government has a habit of describing as 'revri' only those policies which are aimed at benefiting 99% of the population, while the billions of rupees given to people close to the PM are kept out of this category .Ramesh said in his post, "The good news is that these anti-people policies will end on June 4, 2024. India will win and India will change."
He said Sitharaman has questioned the feasibility of the Congress's historic justice manifesto, and described its practical proposals as "big promises that could be financially costly".
Noting that GDP growth, investment and job creation in the last two decades were higher under the UPA than the NDA, he said UP had ended its tenure with lower fiscal deficit and national debt (as a percentage ) ended with. o GDP) as compared to Modi government."This was the same scaremongering that the BJP did unsuccessfully in 2004, after which the UPA took power and delivered India's best ever economic performance, that too despite the global financial crisis of 2008, which was the worst since the 1930s. "Prime Minister Manmohan Singh was the primary partner when Obama said it was the biggest blow to the global economy since President Barack Obama," the Congress leader claimed.
Ramesh said it is not a surprise that Sitharaman has rejected essential schemes like Mahalakshmi (Rs 1 lakh to every poor family) or Pehla Naukri Pakka (an apprenticeship of Rs 1 lakh to every graduate or diploma holder below 25 years of age). Considers "liberal". Unemployment and price rises, including wholesale inflation hit a 13-month high in April. She is known for shrugging off the skyrocketing prices of food items with insensitive comments like, "I don't eat onions."He further said, “What is not ‘liberal’ for them is the loan waiver of Rs 16 lakh crore of PM's cronies or the Rs 2 lakh crore corporate tax cut for the 0.7% largest companies, which directly benefits them. It went into friends' pockets. And even though MSMEs suffered losses, there was no investment.
Sitharaman on Monday had wondered whether the Congress was aware of the cost of implementing social welfare schemes, including giving Rs 1 lakh to women from families below the poverty line.
A lot has been said in recent times about the fiscal management (especially on debt) of our government under the leadership of Prime Minister Modi, Sitarama said in a post on X.
“Many a times, the absolute numbers have been compared without considering the GD growth on which we base the loan calculations.I would like to put forward a clear picture in contrast to @INCIndia, which hides behind tall promises which are non-transparent and divorced from reality. ," He said.
"Has @INCIndia considered the cost of the lofty promises made in their manifesto? Have they calculated how costly the 'khata-khat' schemes will be fiscally? Will they borrow massively for them, or will they “Will we raise taxes to fund them?” He said.
Sitharaman also wondered how many welfare schemes Congress leader Rahu Gandhi would close to adjust the financial cost of "khata-khat" schemes.
Last month, while addressing an election rally, Rahul Gandhi had made a poll promise saying that if he wins the election, the party will transfer Rs 1 lakh to the account of a woman from every poor family in the country.He said, "Will Rahul Gandhi want to answer these real questions and explain how his huge plans of fiscal profligacy will work without increasing taxes or borrowing heavily and collapsing the economy? Here is a challenge for him to tell India Answer these questions for people." Said.
