National

ETV Bharat / bharat

Expansion of economy is the only solution to ensure sufficient revenues: Congress

Congress Spokesperson Randeep Singh Surjewala has accused the BJP government of mismanagement of the economy that led to increase in public debt. He also alleged that the Modi govt borrowed additional loans during its tenure, which increased public debt by 57 percent.

Congress Spokesperson Randeep Singh Surjewala

By

Published : Apr 30, 2019, 6:29 PM IST

New Delhi: The Indian National Congress on Tuesday accused the BJP government of mismanagement of economy which led to a drastic increase in public debt.

Congress Spokesperson Randeep Singh Surjewala

In a press conference, Congress Spokesperson Randeep Singh Surjewala alleged that the Modi government borrowed additional loans worth Rs 30,28,945 crore during it's tenure, leading to a hike in public debt by 57 percent.

Read | EC meet on MCC violation by Modi, Rahul, Shah begins

During its 5-year tenure, the BJP-led central government used the policy of disinvestment and additional borrowing to stimulate the economy, when the revenues were stagnating.

This has become a hurdle for the Congress party to achieve their poll promise of filling 4 lakh job vacancies by March 2020.

Read | SC seeks credible evidence against Ex-Kolkata top cop

"From 2004 to 2014, there was 400 percent increase in the size of the economy, Congress party did it, the thought through policies of Dr Manmohan Singh, Smt Sonia Gandhi and Congress party did it. Have faith, we will not do false promises of 'ache din'. Ache din comes from hard work and not from fake speeches", said Surjewala.

ABOUT THE AUTHOR

...view details