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

News Snippets

  • Supreme Court asks journalists to be responsible and publish only the official version of news after it was brought to its notice that migrant exodus started after the 'fake' news that the lockdown will be extended to three months
  • Small saving rates slashed by the government by 140 basis points
  • The Centre says that the exodus of the migrants was stopped to save villages and prevent community transmission
  • The Centre says March 31 will remain the closing date for FY 2019-2020 and no change will be made for Covid-19 disruption
  • Tablighi Jamaat fiasco puts several states on high alert, attendees and their contacts being traced
  • Stock markets recover on the last day of the financial year, but the sentiment remains weak
  • The government says Covid-19 is still in local transmission stage in India
  • Government scotches rumours of extending the lockdown beyond April14. Says no such plan
  • Centre asks states to give shelter and food to migrant workers to stop them from taking to the streets
  • RBI cuts repo rate by 75 bps, the steepest in 10 years
  • Centre writes to states regarding laxity in monitoring people who had arrived from abroad between January and March
  • Kerala reports a spurt in new cases
  • With 124 fresh cases on Friday, the number of reported cases in India stand at 854
  • Five of a family, including a 9-month-old-baby test positive for Covid-19 in Nadia district in West Bengal on Friday
  • The Pakistani army is reportedly forcibly moving all Covid-19 patients to PoK and Gilgit
Total count crosses 1600 in India with 52 deaths and 146 recoveries on Tuesday, spurt in cases in Maharashtra and Tamil Nadu
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.