Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Politics
2-min read

'Wrong Govt Policies Pushing Country Towards Financial Emergency': Congress

Even three years after the demonetisation exercise, the country is facing its after-effects, Congress said.

PTI

Updated:November 7, 2019, 10:39 PM IST
facebookTwitter Pocket whatsapp
'Wrong Govt Policies Pushing Country Towards Financial Emergency': Congress
Representative image.

Indore: The country is being pushed towards "financial emergency" because of the Centre's "wrong" economic policies, the Congress said on Thursday.

Even three years after the demonetisation exercise, the country is still facing its after-effects, the party said on the eve of the Modi government's November 8, 2016 decision to scrap high-value notes.

Congress MP and national spokesman PL Punia said the central government opted out of the Regional Comprehensive Economic Partnership (RCEP) agreement due to pressure mounted by the party and other opposition outfits.

"The decision of demonetisation was taken without any thought and the country is facing its after-effects even today," he said.

Punia hit out at the government led by Prime Minister Narendra Modi over its economic policies.

"The government kept on taking wrong decisions on the economic front and is pushing the country towards financial emergency, he told reporters at the Indore Press Club.

He claimed the government was set to sign the RCEP agreement by compromising on the nations interest, but because of strong opposition from the Congress and other

opposition parties, it was forced to retreat.

"China says it will try to convince India to sign the RCEP. It is a matter of concern. If India inks this pact, then import of cheaper goods from China will jeopardise small and medium industries of the country, he said.

To a question on the extradition of diamond trader Nirav Modi, a key accused in the multi-crore PNB scam case, to India from the UK, Punia said this query should be posed to the central government in view of his latest statement.

If Nirav Modi is saying that in the event of being extradited to India from Britain, he will commit suicide, then it would be better if this question is asked to the central government and the BJP," the Congress spokesman said.

Punia alleged Nirav Modi is close to big persons in the BJP who, he claimed, were involved in ensuring his escape from the country just before the USD 2 billion PNB scam came to light.

The Congress MP, however, did not identify these big persons.

Nirav Modi, arrested by the UK police in March 2019, is currently lodged in a London jail.

Asked about the delay in formation of a government in Maharashtra, where the BJP and the Shiv Sena are locked in a power-sharing tussle, Punia said the governor should explore available alternatives.

If the BJP and the Shiv Sena are unable to form a government in Maharashtra, then it is the duty of the governor to ensure formation of government by trying available alternatives," he said.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results