scorecardresearch
Follow Us:
Sunday, July 03, 2022

BJP biggest non-performing non-asset, says Congress

The party indulged in some wordplay to say that the BJP had become India’s “biggest non-performing asset or non-performing non-asset”.

By: Express News Service | New Delhi |
June 3, 2017 5:25:22 am
BJP, BJP-Congress, Abhishek Singhvi, Arun Jaitley, demonetisation, Abhishek Singhvi slams BJP, indian express news Congress spokesperson Abhishek Manu Singhvi (Express File Photo)

The Congress continued to assail the government over the slump in economic growth, saying the Narendra Modi administration did not have even the “faintest idea” on how to put the economy back on track. The party indulged in some wordplay to say that the BJP had become India’s “biggest non-performing asset or non-performing non-asset”.

A day after Finance Minister Arun Jaitley said it will be erroneous to attribute the slowdown in economic growth in the last quarter of 2016-17 solely to demonetisation, Congress spokesperson Abhishek Singhvi said the best way to describe the government’s reaction was “utter confusion, perplexity, hypocrisy, bewilderment and bemusement”.

“The ease of doing business appears to have become the cease of doing business. The lion that was roaring in Make in India appears to be snoozing,” he said. Singhvi said it used to be often said there is jobless growth. Now the country has been told there are neither jobs nor growth, he said. “There is no specific answer to the specific question. How are we down to 6.1 per cent? There is frank regret, sorrow or apology that this is exactly what they were told by all of us in November and since then. There is no recognition and realisation. There are no answers to the questions,” he said.

“The best answer is that demonetisation cannot be identified as the sole reason for slow GDP growth… and there are global factors…. Mercifully we did not hear other reasons like legacy factors,” he added. “We demand the BJP listens and implements what it promised — both jobs and welfare of farmers,” Singhvi said.

Best of Express Premium
There are no stars anymore, says Karan Johar. Why he is rightPremium
Get inspired: Why did Sardar Patel say that civil servants must not take ...Premium
NITI Aayog-commissioned report which studied 3 orders by Supreme Court, 2...Premium
Inside Track: Amit Shah’s strategy for Maharashtra and FadnavisPremium

UPSC KEY Have you seen our section dedicated to helping USPC aspirants decode daily news in the context of their exams?

📣 Join our Telegram channel (The Indian Express) for the latest news and updates

For all the latest India News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard
0 Comment(s) *
* The moderation of comments is automated and not cleared manually by indianexpress.com.
Advertisement
Advertisement
Advertisement
Advertisement