April 17, 2026 10:31 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls | 'Black law': Stalin burns copy of 'delimitation' bill, slams Modi govt | TCS halts Nashik BPO operations amid sexual abuse, conversion allegations | ‘We are surprised’: SC stays Pawan Khera’s bail over remarks on Himanta Biswa Sarma’s wife | Historic shift: Bihar gets first BJP CM as Samrat Choudhary takes oath | 'ECI deviated from Bihar procedure': Supreme Court raises concerns over voter deletion in Bengal SIR | Noida workers’ protest turns violent: Stones pelted, vehicles damaged over wage hike demand | Oil prices jump above $103 a barrel as US moves to block Iran-linked shipping

India's economic mismanagement to destroy millions of families: Rahul Gandhi

| @indiablooms | Jul 07, 2020, at 10:21 pm

New Delhi/IBNS: Congress leader Rahul Gandhi on Tuesday hit out at the 'economic mismanagement' of the country and termed the same as a "tragedy that is going to destroy millions of families."

In a renewed attack on the Narendra Modi government, Rahul tweeted: "India's economic mismanagement is a tragedy that is going to destroy millions of families. It will no longer be accepted silently" and added the hashtag "#BJPsDistractAndRule".

He supplemented the post with a screenshot of economic data related to household income during the anti-coronavirus lockdown.

The Congress Parliamentarian highlighted three points from the data, those being: "8 in 10 Indian households lost income", "Rural households worse hit than urban ones" and "First time in decades, extreme poverty could see reverse trend".

According to the data, "lower middle class had been badly hit (by the lockdown)" while 84 per cent of households (and 88 per cent of rural households) had reported either reduction or loss of income.

Raising an alarm, the data warned that a 10 per cent contraction in global GDP would push over 170 million people to "extreme poverty."

It also predicted that India will make up "almost half the estimated additional poor regardless of contraction scenario."

Rahul had earlier called on the government to immediately provide Rs 10,000 in cash support for poorer sections of the society and an economic stimulus package for the MSMEs (Micro, Small and Medium Enterprises).

The government in May announced a Rs 20 lakh crore special economic package to make India self-reliant.

In response to the announcement, Rahul had warned that a "catastrophic problem" could arise if hard cash was not provided to those who were badly hit by the lockdown.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.