Modi govt brought India's economy to grinding halt, says AIMC chief

[email protected] (CD Network)
May 27, 2016

Mangaluru, May 26: India's economy has come to a grinding halt in two years of PM Narendra Modi-led NDA's rule, according to All India Mahila Congress president Shobha Oza.

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Speaking to reporters in the city on Thursday she said that all the poll promises made by Modi and the BJP turned out to be just election 'jumlas' (empty promises).

Shobha said, with prices of essential commodities sky-rocketing, Modi's promised 'Acche Din' are yet to come.

"As per the official figures, country's economy grew at 7.3% in 2014-15 and 7.6% in 2015-16. It is mainly due to the new methodology adopted for calculating the GDP. But, experts believe the actual growth rate is in the region of 5.5%. Even the RBI governor and the government's chief economic advisor have expressed discomfort with the official figures," Shobha said.

Pointing at the increasing oil prices Shoba said, the price of petrol should have been Rs 31.99 per litre and that of the diesel Rs 25.4, if the government had reduced prices in proportionate with the fall in the prices of crude oil in international market. The price of crude oil has come down by 55. 2% since the Modi government took over in May 2014, she said.

She also accused Modi government of failing on its job creation promise. "They had promised to create 2 crore jobs every year, but according to union labour department, just 1.3 lakh jobs have been created in two years,'' she said. But , net FDI inflows have been dropped to a 12-month low to $1.9 billion in March 2016 from average of $ 3.1 billion during the first 11 months of the fiscal, she said.

Referring to the Make in India campaign, she said investors had no confidence in the government and it was evident from the fact that $14 million investment had gone out of the country during the last two years.

Before election, Modi had said he would bring back the black money stashed in outside the country and deposit Rs 15 lakh into the bank account of every Indian. Forget about bringing back black money, Rs 20 lakh is being spent every day to portray the Prime Minister and his government. KPCC women wing president Lakshmi Hebbalkar was present.

Also Read: If I am not JD(S) candidate for Rajya Sabha then it's moneybag: BM Farooq

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satyameva jayate
 - 
Friday, 27 May 2016

If the ruler is not a fair one....... that country is in trouble..even from nature. as said in all faiths.....
No value for Indian rupees.
No jobs, poor still going below their poverty level.
No rainfall, No water..Drought everywhere.
All business going down, no value or buyers for land..
Even real estate has dropped, people dont have money to own a house.

I know all the above is not in the hand of Modiji, but when people elect a wrong ruler.........the Almighty has to let them suffer...

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April 11,2024

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Bengaluru, Apr 11: Congress leader Rahul Gandhi and the party's unit in Karnataka have highlighted the statement of Class 12 Board exam topper from the state, Vedant Navi, and claimed that "it was a matter of pride as their schemes were bringing effective social and economic changes".

The Congress on Thursday launched a social media campaign by releasing posters and short videos.

Rahul Gandhi in his social media post said, “Such 'Success Stories' make me believe and ensure that our 'Mahalakshmi' guarantee of putting Rs 1 lac every year in women's accounts will prove to be a revolutionary step to shaping the country's fate.”

“Congress's Gruha Lakshmi scheme going on in Karnataka under which more than 1 crore women get Rs 2,000 every month, using the same money a mother taught her son Vedant and he got second rank in the whole state in PUC exam,” Rahul Gandhi stated.

“Vedant's story is a living example of Indian women's penance and willpower to strengthen the house with pai-pai. Imagine, when women of poor families across the country will get Rs 1 lakh every year through the 'Mahalakshmi Yojana', how many Vedantas will change the future of the family with their talent? This historic plan of Congress will give the dreams of poor families a flight into reality,” Rahul Gandhi said.

The Congress in Karnataka said the schemes of the government were giving succour to the people. “It is a matter of pride that in a span of 10 months, our government’s schemes are bringing effective social and economic changes,” the party claimed.

“It is a testimony to the success of the Gruha Lakshmi scheme that the family of Vedant, who secured first rank in the Arts stream, was supported by the money provided by the Gruha Lakshmi scheme. Our schemes have brought changes in many people’s lives. The Congress party has built the lives of the people and thereby built the nation,” the Congress stated.

Vedant Navi had secured first rank in Arts Stream in Karnataka. He is the overall second-topper.

“My father is no more. My mother faced difficulties as the family was debt-ridden. In this crunch time, the money received through the Gruha Lakshmi scheme (Rs 2,000 every month given for women heads of family) helped my studies and hostel stay and other expenditures,” Vedant had stated.

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April 13,2024

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Mysuru, Apr 13: Karnataka Chief Minister Siddaramaiah said that Prime Minister Narendra Modi, who will be visiting Mysuru on Sunday, is welcome in the state.

"Let him come and go. He is the PM. But he should tell people about what he has done to the people of Karnataka. Let him answer about the injustice done by the Union Government towards the state in terms of giving tax share, not releasing drought relief funds yet and also about the unemployment issue," he said.

The Chief Minister was speaking to media people near his residence at Sharadadevi Nagar in Mysuru on Saturday.

Reacting to a question on BJP's slogan, 'Teesri Baar Modi Sarkar, Ab Ki Baar Char Sau Paar' (Modi government for the third time with over 400 seats), CM Siddaramaiah said, "This slogan is only a strategy to divert the minds of people. Because, according to me, the NDA will not get an absolute majority/simple majority this time in the Parliament elections."

"I.N.D.I.A. bloc and the parties which are against BJP will get a majority in the Lok Sabha polls," he said.

Responding to the statement of BJP leaders that 'even if B R Ambedkar comes, the Indian Constitution cannot be changed', Siddaramaiah said, "BJP is always against the Indian Constitution. Savarkar and the second Chief of RSS M S Golwalkar both opposed the Indian Constitution written by Baba Saheb B R Ambedkar on January 26, 1950."

"When BJP MP Ananth Kumar Hegde spoke about changing the Indian Constitution twice, why wasn't he punished? Why wasn't he suspended from the party? Why didn't they drop him from the cabinet?"

"Hegde was not given a ticket for the LS polls, as he had not done any work in the five years and was only active for the last three-four months of his term. The reason Hegde was not given a ticket was because BJP had realised that he would lose the elections, and not because of his statement related to the Constitution" the Chief Minister said.

Meanwhile, regarding the nabbing of the two key suspects in the Rameshwaram Cafe blast case in Bengaluru, Siddaramaiah said, "I thank the National Investigation Agency (NIA) and also the Karnataka police for tracing and arresting the accused in the case, in Kolkata."

"They will be brought to Bengaluru and further information related to the case will be known after their interrogation," he said.

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News Network
April 10,2024

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Bengaluru: The results of the first examination for the 2nd Pre-University (PU) students were out Wednesday, registering an increase of six percentage points.

The results will be announced in colleges at around 3 pm today. Results were made available online at 11 am. Students can visit www.karresults.nic.in to check their scores.

A total of 6. 81 lakh candidates appeared for the examination and 5.52 lakh students passed. The overall pass percentage is 81.15 %. 305212 girls and 247478 boys passed the exam. The pass percentages of girls and boys are 84.87% and 76.98% respectively.

Medha D of NMKRV PU College, Bengaluru, emerged as the topper in the Arts stream by scoring 596 for 600.

In the Commerce stream, Gnanavi M from Vidyanidhi Independent PU College, Tumkur, topped the list by scoring 597 out of 600. In Science, the topper is A Vidyalakshmi of Vidyanikethan Science PU College, Hubballi, with 598.

Karnataka School Examination and Assessment Board chairperson N Manjushree said the second exam will be held between April 29 and May 16. Students can apply for revaluation, she specified.

The Karnataka 12th examination was conducted from March 1, 2024, to March 22, 2024, at various exam centres in the state. 

According to officials, around 7 lakh students have appeared for Karnataka Class 12 board examination this year.

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