Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Violence erupts in Jalgaon over road rage incident; curfew imposed
    Violence erupts in Jalgaon over road rage incident; curfew imposed Nation
  • Eng vs Afg | This win will put a smile on faces of my people back in Afghanistan: Rashid
    Eng vs Afg | This win will put a smile on faces of my people back in Afghanistan: Rashid Sports
  • Supreme Court Seeks Responses From Election Commission, Centre On Petition For VVPAT Slips’ Complete Count
    Supreme Court Seeks Responses From Election Commission, Centre On Petition For VVPAT Slips’ Complete Count Nation
  • Six listed Indian REITs distribute ₹3,136 cr to unitholders in Q1FY27
    Six listed Indian REITs distribute ₹3,136 cr to unitholders in Q1FY27 Business
  • Why is Spain facing a housing crisis? | Explained
    Why is Spain facing a housing crisis? | Explained World
  • Tale Of Ganesh Chaturthi Event In Mumbai
    Tale Of Ganesh Chaturthi Event In Mumbai Nation
  • Rupee falls 21 paise to 88.40 against U.S. dollar in early trade
    Rupee falls 21 paise to 88.40 against U.S. dollar in early trade Business
  • Trump Calls For Canada To Become “51st State” Again
    Trump Calls For Canada To Become “51st State” Again World
PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

Posted on July 12, 2024 By admin


Congress president Mallikarjun Kharge. File
| Photo Credit: ANI

Congress president Mallikarjun Kharge on July 12 said that Prime Minister Narendra Modi “used PR” to keep the government away from basic issues but people were now demanding accountability after the June Lok Sabha poll results.

Mr. Kharge took a swipe at the Prime Minister, saying that while he is holding meetings under the shadow of cameras for the upcoming budget, he must pay attention to the basic economic issues of the country.

In a post in Hindi on X, the Congress president said, “Narendra Modi ji, Your government has ruined the lives of crores of people by pushing them into the pit of unemployment, inflation and inequality.” Listing the “failures” of the government, Kharge said that due to the unemployment rate of 9.2 per cent, the future of the youth is staring at naught.

“For people aged 20-24 years, the unemployment rate has risen to 40%, highlighting the serious crisis in the job market among the youth,” Mr. Kharge said.

The promise of doubling the income of farmers and MSP of cost plus 50 per cent has turned out to be false, he said.

Recently, on the MSP of 14 Kharif crops, the Modi government has again proved that it wants to use the MSP recommendation of the Swaminathan report only as an “election gimmick”, he claimed.

The Congress leader said, “3.84 lakh government jobs have been lost in the 7 PSUs in which the majority of government stake has been sold! This has also led to the loss of jobs for SC, ST, OBC, EWS reserved posts”.

He said 1.25 lakh people have lost government jobs in the 20 top PSUs in which the Modi government has sold a small stake since 2016.

Manufacturing as a percentage of GDP has fallen from 16.5 per cent during the UPA regime to 14.5 per cent during the Modi government, he pointed out.

“Private investment has also fallen drastically in the last 10 years. New private investment plans, which are an important part of GDP, fell to a 20-year low of only ₹44,300 crore between April and June. Last year, private investment of ₹7.9 lakh crore was made during this period,” he said.

Mr. Kharge also alleged that the havoc of inflation is at its peak.

The prices of flour, pulses, rice, milk, sugar, potatoes, tomatoes, onions, and all essential food items are skyrocketing, he noted.

The result is that the household savings of families are at the lowest level in 50 years, he added.

Mr. Kharge said that economic inequality is the highest in 100 years, while wage growth in rural India is negative.

“Unemployment has increased significantly in rural areas and it has now increased from 6.3% in May to 9.3%. The average number of days of workers employed in MNREGA has decreased,” he said.

“Modi ji, It has been 10 years, you used your PR to keep the government away from the basic issues of the people, but after June 2024, this will not work anymore, the public is now demanding accountability,” Mr. Kharge said.

The arbitrary tampering with the country’s economy must now stop, he added.



Source link

Business Tags:basic economic issues of India, economic growth, Indian economic growth, Mallikarjun Kharge, Prime Minister Narendra Modi, Union Budget 2024-25

Post navigation

Previous Post: India must play a constructive role in ensuring peace in Ukraine: U.S. official
Next Post: Punjab Minister meets Nirmala Sitharaman, seeks special incentive for Punjab’s border districts

Related Posts

  • India extends curbs on sugar exports by a year through October 2023
    India extends curbs on sugar exports by a year through October 2023 Business
  • Access Denied Business
  • Access Denied Business
  • Sensex soars 1,359 pts to settle above historic 84,000 mark; banks shares shine in global rally
    Sensex soars 1,359 pts to settle above historic 84,000 mark; banks shares shine in global rally Business
  • Fiscal Deficit at 3% of target by May
    Fiscal Deficit at 3% of target by May Business
  • Access Denied Business

More Related Articles

Diamonds pose a quantum block to India’s research ambition Diamonds pose a quantum block to India’s research ambition Business
Access Denied Business
Access Denied Business
Chinese steel still dominates Indian market Chinese steel still dominates Indian market Business
Govt to extend UDAN scheme for 10 more years: Naidu Govt to extend UDAN scheme for 10 more years: Naidu Business
Dorf-Ketal Chemicals files DRHP with SEBI for ₹5,000 crore IPO Dorf-Ketal Chemicals files DRHP with SEBI for ₹5,000 crore IPO Business
SiteLock

Archives

  • October 2026
  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • October 10 detainees provided ‘hot, fresh, good meals’, only cellular internet was suspended: Delhi Police to SC
  • Oil prices retreat as investors weigh supply outlook, West Asia tensions
  • 19-year-old arrested in Illinois for planning attack on Hindu place of worship
  • India’s largest red light area in Kolkata’s Sonagachi inaugurates Durga Puja
  • Why is Spain facing a housing crisis? | Explained

Recent Comments

  1. Bryanloono on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Bryanloono on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. WalterBoumn on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. ShawnFeach on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. RobertTes on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Thousands arrive for free concert against PM Orban ahead of election
    Thousands arrive for free concert against PM Orban ahead of election World
  • The view from India Newsletter A new security architecture in West Asia?
    The view from India Newsletter A new security architecture in West Asia? World
  • US Announces 5 Million In New Military Aid For Ukraine
    US Announces $125 Million In New Military Aid For Ukraine World
  • Sensex rebounds 362 points, snaps 4-day losses on strong rally in metal, oil shares
    Sensex rebounds 362 points, snaps 4-day losses on strong rally in metal, oil shares Business
  • Morning Digest | Do not get involved in Israel crisis- top U.S. general warns Iran; Parties see 5-state elections announcement as precursor to Lok Sabha polls, and more
    Morning Digest | Do not get involved in Israel crisis- top U.S. general warns Iran; Parties see 5-state elections announcement as precursor to Lok Sabha polls, and more World
  • “Haven’t Capitalised In Our Powerplay”: LSG Head Coach’s Blunt Admission
    “Haven’t Capitalised In Our Powerplay”: LSG Head Coach’s Blunt Admission Sports
  • “One More Event”: Gagan Narang Consoles Shooter Sarabjot Singh After Missing Out On Final By 1 Point
    “One More Event”: Gagan Narang Consoles Shooter Sarabjot Singh After Missing Out On Final By 1 Point Sports
  • Access Denied World

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Associate Journalists
1. Subrata Paul - AN/2020/01
2. Quamruz Zaman - AN/2021/22
3. Ahmed Sha - AN/2021/035
4. Ajay Kumar Shaw - AN/2021/39
5. Tahqiqul Hoda - AN/2021/21

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.