Congress accused Narendra Modi and Jaitley of ignoring economic wisdom

Vastavam web: The Congress has accused Prime Minister Narendra Modi and Finance Minister Arun Jaitley of ignoring economic wisdom and dealing a “catastrophic” blow to India’s growth story.Party communication in-charge Randeep Surjewala claimed that the double whammy of “Modi Made Disaster of Demonetisation” and the implementation of a flawed GST were responsible for the economy’s downturn.He claimed the truth was that investment had stagnated, job creation was abysmal, exports were in dire straits, stalled projects were burgeoning, inflation remained unchecked and rural distress was at an all time high.

“Hype, hyperbole and headline management cannot be a substitute to the grim reality on the ground,” he said.He claimed that job creation was the biggest failure of the BJP government and said the labour bureau data showed that job creation was the lowest in 8 years.