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Economy in hands of ignorant, incompetent policy makers: Congress

The Congress on Sunday attacked the Narendra Modi-led government, during the party’s 84th plenary session, saying that the economy was…

Economy in hands of ignorant, incompetent policy makers: Congress

Photo: Twitter (@INCIndia)

The Congress on Sunday attacked the Narendra Modi-led government, during the party’s 84th plenary session, saying that the economy was in the hands of “ignorant and incompetent policy makers” who have derailed growth through “reckless and bizarre policies”.

The resolution on the economic situation in India was moved by former Finance Minister P. Chidambaram as the party noted that the most colossal failure of the Centre has been its mismanagement of the economy.

The resolution, which was moved today, said: “The economy is in the hands of ignorant and incompetent policy makers who have derailed economic growth through reckless and bizarre policies such as demonetisation and a hasty imposition of a flawed Goods and Services Tax (GST) regime.”

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The Congress said that the tenure of the NDA government led by Prime Minister Narendra Modi was replete with governance and management misadventures and mistakes. The resolution reiterated that the “abysmal economic management” of the government has resulted in the lack of jobs and stagnant real incomes of farmers.

Earlier today, Former Prime Minister Manmohan Singh also launched a scathing attack on the NDA government, accusing it of having “messed up” the economy and mismanaging the dispute in Jammu and Kashmir.

Singh described the government’s demonetisation move as “ill-considered” and GST as “hastily implemented”.

“The BJP-led government messed up the Indian economy. The ill-considered demonetisation and hastily implemented GST have destroyed small scale enterprises,” he said.

Asserting that the UPA government achieved a “lot” under then Congress president Sonia Gandhi’s guidance, Singh exuded confidence that the plenary session would chalk out the future path for the country and the party would play a “historic” role.

(With agencies inputs)

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