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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Comments

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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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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