Congress leader Rahul Gandhi on Monday launched a scathing attack on the Prime Minister Narendra Modi-led BJP government and said the central government has attacked the country's unorganised economy in the last six years attempting to turn people into slaves.
He put forth three examples to substantiate his contentions -- demonetisation, flawed GST, and the Covid-induced lockdown and added that the aim of these three decisions was to "finish the informal sector".
"The BJP government has attacked the unorganized economy in the last six years and the attempt is being made to make you a slave," Gandhi said in a new video series called 'Arthvyavastha Ki Baat'.
In the 3 minute and 38 seconds video, the unemployment rate that has been the highest in 45-years was flashed as Gandhi spoke. "Over 40 crore labourer in the informal sector are caught in extreme poverty. In the last four months, nearly two crore people have lost their jobs," it showed.
"There are lakhs and crores of rupees in the informal sector, which they cannot touch. They want to break in and take away the money. The result will be that India will not be able to create employment because 90 per cent employment comes from the informal sector," the 50-year-old leader said.
The day the informal sector is over, India will not be able to create employment, Gandhi said. "A conspiracy is being planned against you (people). You are being cheated in order to make you a slave. The whole country will have to fight against this."
He further said that, in 2008, when all the countries were reeling under recession, it did not bother India when the UPA was at the Centre.
No writ petition can be filed against Ai…
16-05-2024
Supreme Court rules writ petitions by erstwhile employees against Air India post privatization by Tata group in Jan 2022 are not maintainable as it ceased to be a public body...
Read moreZoho to enter chip manufacturing with $7…
16-05-2024
Zoho plans to enter semiconductor manufacturing with a $700 million investment, seeking subsidies under the PLI scheme from the Union govt. PolicyBazaar's promoters sell 1.9% shares worth Rs 1,053 crore...
Read moreBrookfield arm to buy 50% in 4 Bharti as…
16-05-2024
Brookfield India Real Estate Trust acquires 50% stake in grade A assets from Bharti Enterprises, including 33 lakh sqft commercial properties at Rs 6,000 crore. The equity consideration is fulfilled...
Read moreIAS-turned-IT veteran Vineet Nayyar dies…
16-05-2024
Vineet Nayyar, former vice-chairman of Tech Mahindra, passed away at 85. An IAS officer, he led Tech Mahindra to $3 billion revenue and 90,000 employees in FY14. Anand Mahindra praised...
Read moreMahindra & Mahindra lines up Rs 37k …
16-05-2024
Mahindra & Mahindra reveals a Rs 37,000 crore capex plan for three years, emphasizing petrol, diesel vehicles, and EV business. M&M executives share insights on new products and refreshes. BII...
Read moreVodafone Idea Q4 loss widens to Rs 7,675…
16-05-2024
Vodafone Idea reported a widening loss of Rs 7,675 crore in the March quarter with consolidated revenue remaining almost flat at Rs 10,607 crore. The loss widened from Rs 6,419...
Read moreVedanta looks to pare debt with Rs 8,500…
16-05-2024
Anil Agarwal-led Vedanta plans to raise Rs 8,500 crore in the fiscal year to reduce its debt of over Rs 56,300 crore through shares or debt securities, subject to shareholder...
Read more'War ties': Norway fund to sell Adani Po…
16-05-2024
Norges Bank excludes Adani Ports from its pension fund over ethical concerns following COE's recommendations. Adani Ports' ties with Myanmar's armed forces led to the exclusion. The sale of its...
Read moreSensex swings 1,200 points, ends higher …
16-05-2024
Dalal Street witnessed ongoing volatility with the sensex fluctuating over 1,200 points intraday, driven by domestic fund buying. India VIX surged, FIIs sold off funds, and news of new stocks...
Read more