Samajwadi Party chief Akhilesh Yadav on Monday mounted a blistering attack on the BJP-led Centre over recent economic restrictions and advisories, alleging that the government had “completely lost control” of the economy and was forcing ordinary citizens to bear the consequences of its failures.
In a detailed post on his WhatsApp channel, the former Uttar Pradesh chief minister claimed that the BJP began speaking about an economic “crisis” only after the conclusion of the elections and asserted that the ruling party itself had become the country’s “biggest crisis.”
“As soon as the elections ended, they suddenly remembered the ‘crisis’,” Yadav wrote, adding, “In reality, there is only one real ‘crisis’ for the country, and its name is: the BJP.”
Questioning the Centre’s economic policies, the Samajwadi Party president criticised the government’s ambitious five trillion-dollar economy target and linked the weakening rupee to what he described as deteriorating financial management.
“If so many restrictions have to be imposed, then how will the much-touted ‘five trillion dollar economy’ ever become a reality? It seems the BJP government has completely lost control. The dollar is soaring to the skies while the Indian rupee is sinking to the depths,” he said.
Yadav also took aim at government appeals discouraging gold purchases, alleging that such warnings should instead be directed at “corrupt BJP associates” rather than ordinary people already struggling with inflation and unemployment.
“The appeal not to buy gold should not be directed at the public, but at BJP members and their corrupt associates, because ordinary people cannot afford to buy even 1.5 lakh tolas of gold anyway,” he alleged.
Accusing the BJP of double standards, the SP leader questioned why austerity measures and restrictions surfaced only after elections despite what he described as lavish spending during the campaign period.
“And why were all these restrictions remembered only after the elections?” he asked. “Were the thousands of chartered flights used by BJP leaders during the elections running on water? Were they not staying in hotels?”
He further warned that such government advisories could trigger panic and uncertainty in business circles and financial markets, aggravating concerns over inflation and an economic slowdown.
“Such appeals will only spread fear, panic, anxiety and despair in trade, business and the markets due to concerns about recession and inflation,” Yadav said, adding that governments were expected to tackle crises through effective governance rather than “spread fear and chaos.”
The Samajwadi Party chief also criticised the Centre’s foreign policy, alleging that the BJP government had abandoned India’s traditional non-aligned stance and aligned itself with select international blocs due to “pressures and interests,” thereby worsening economic hardships for citizens.
“The people of the country are now paying the price through inflation, unemployment, joblessness and economic slowdown,” he said, claiming that farmers, workers, youth, homemakers, salaried employees and businesspersons had all been adversely affected.
In a broader political attack, Yadav accused the BJP of damaging the country socially, politically and economically through divisive politics and alleged electoral manipulation.
“The BJP has polluted politics through electoral manipulation; destroyed social harmony by spreading hatred,” he alleged, while asserting that the ruling party had failed in both domestic and foreign policy.
Claiming that public anger against the BJP was intensifying, Yadav said the ruling party would not be able to manage the growing resentment through “electoral gimmicks.” “The country says today: We do not want the BJP!” he declared.
The remarks come amid escalating exchanges between opposition parties and the BJP over economic conditions, inflationary pressures and the Centre’s handling of domestic and foreign policy issues in the aftermath of the recently concluded elections.