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

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
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.