oppn parties Rahul Gandhi Doesn't Tire Of Making Impertinent Statements

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  • NCLT initiates bankruptcy proceedings against former Videocon chairman Venugopal Dhoot for defaulting on loans of Rs 6158cr as personal guarantor in two group companies
  • LIC approves 1:1 bonus share issue
  • Gold and silver futures also go down by 0.7% and 2.2% respectively
  • Stocks tumbled again on Monday as crude prices rose: Sensex went down by 703 points and Nifty by 207 points
  • Supreme Court refuses to cancel the land-for-jobs FIR against Lalu Prasad
  • The spectre of El Nino haunts India: IMD predicts 'below normal ' monsoon this year
  • Labour protest over increase in wages by 35% (as per Haryana example) turns violent in Noida, nearly 200 were detained by the police
  • Congress leader Sonia Gandhi said that the delimitation exercise must be carried out after the Census is complete
  • PM Modi says Parliament is on the verge of creating history as the Houses get ready to take up the women's reservation bills
  • Tata Sons chairman N Chandrasekaran said that TCS COO Aarthi Subramanian is conducting a thorough inquiry to establish facts and identify individuals involved in the sexual harassment allegations at the company's Nashik office
  • Asha Bhonsle laid to rest with full state honours on Monday in Mumbai
  • AAP leader Arvind Kejriwal once again approached the Delhi HC to request the recusal of a judge from his case
  • Candidates Chess: R Vaishali on the verge of creating history, but needs two wins - one with black pieces - against formidable opponents to emerge as the challenger
  • Rohit Sharma, who retired hurt in the match versus RCB, underwent scans for possible hamstring injury
  • IPL: Abhishek Sharma fails for SRH but Ishan Kishan (91) shines. Then, Vaibhav Sooryavanshi fails for RR and SRH bolwers, especially unheralded Praful Hinge (4 for 24) and Sakib Hussain (4 for 24) win it for SRH. This was the first loss for table-toppers RR
Supreme Court questions Election Commission about SIR SOP and why logical discrepancy was introduced only in Bengal
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Rahul Gandhi Doesn't Tire Of Making Impertinent Statements

By Linus Garg
First publised on 2020-03-13 11:55:04

About the Author

Sunil Garodia Linus tackles things head-on. He takes sides in his analysis and it fits excellently with our editorial policy. No 'maybe's' and 'allegedly' for him, only things in black and white.

Rahul Gandhi has said that Prime Minister Modi is "sleeping at the wheels" while the economy totters and the country is grappling with the coronavirus crisis. He has also said that the Finance Minister Nirmala Sitharaman "does not know anything about the economy". How has the Gandhi scion arrived at this conclusion? Has he completed his Ph.D. in Economics or did the Almighty let him know the secret in one of his daydreams?

Rahul Gandhi refuses to acknowledge that there is a global slowdown and all economies of the world have been affected and the coronavirus is now a WHO-certified global epidemic. The government is doing its best by taking quick and pertinent decisions to contain the virus. Among the measures taken are canceling the visas of foreigners for one month, advising organizations not to hold mass gatherings (the Prime Minister set the example by not taking part in any Holi celebrations this year), keeping isolated beds ready in government hospitals across the country for positive patients, bringing back Indians stranded in infected areas abroad and keeping them quarantined before letting them go, publicizing the ways in which people can avoid being infected with the virus and keeping educational institutions and other places of mass gatherings closed for a period of time in highly susceptible places (like Delhi). If Rahul Gandhi knows more ways that can be used to contain the spread of the virus, he should come forward with his suggestions in the national interest instead of being a crybaby.

As for the economy, the government has initiated several measures, before and after as well as in the Budget, that are designed to boost sentiment and increase both investment and demand. But it is being constrained by the paucity of funds. Tax collections are low but are increasing slowly. Inflation has come down this month and factory output has also expanded by 2%. These are positive signs. Also, the drop in Brent crude prices would leave a lot of money in the hands of the government and that will allow it to invest in infrastructure. But the economy is not expected to recover in the first quarter of the next financial year mainly due to the disruption caused by coronavirus. If the stock markets are crashing, it is not because the fundamentals of the Indian companies have deteriorated overnight. It is just because markets all over the world are jittery due to the slowdown in business expected because of the rapid spread of coronavirus. Even an economics student will know that. Yet, if Rahul Gandhi has some better ideas, he should express them. He should recognize that the Prime Minister is not sleeping at the wheels and the government is not shying away from taking tough decisions in these trying times.