Congress attacks modi government over fall in rupee

Vastavam web: The Congress today attacked the government after the Indian rupee sank to an all-time low against the US dollar, terming it as a “shameful” and “black day” for the country’s economy.Addressing a press conference, Congress leader Pramod Tiwari alleged that the Narendra Modi-led government was trying to divert public attention from the falling currency by releasing a video of the surgical strikes against Pakistan in 2016.

He also accused Prime Minister Narendra Modi of “destroying” the country’s economy due to his “ill-conceived” decision of demonetisation and demanded that he apologise to the country for the state of the economy.”Was the surgical strike video released to divert the attention of public from the falling rupee,” Tiwari asked.

“The prime minister should apologise before the country for enforcing demonetisation, which destroyed the Indian economy and the rupee has been on a free fall thereafter,” he claimed.He claimed that it was a black day for the economy and dubbed it as shameful.He alleged that the prime minister did not even bother about his stature and the position that he held.The Congress leader also attacked Law Minister Ravi Shankar Prasad, claimed that he should be ashamed of the state of the economy.

Tiwari claimed Prasad should apologise for supporting Modi in his “illegal” acts that destroyed the economy.He said former prime minister Manmohan Singh was right when he said in Parliament that the noteban decision was an “organised loot and legalised plunder” which would dent the GDP by 2 percentage points. Consistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices kept the rupee under pressure.