To complicate matters further, TMC MP Derek O’Brien shared an economics meme on Facebook in an attempt to mock the central government.
Prime Minister Narendra Modi’s face appears on a movie poster resembling the James Bond franchise, as shared on social media by Rinamool Congress (TMC) MP Derek O’Brien.
For short, they call me ‘007.’ The country has made no progress, experienced no economic growth, and has engaged in seven years of financial mismanagement, according to the meme.
O’Brien, a Rajya Sabha member from West Bengal, has criticised the Modi government’s handling of the economy.
In the fourth quarter of 2019-20, India’s GDP fell to 3.1 percent, the lowest rate in a decade. Demonetization and the Goods and Services Tax were major contributors to GDP falling from a high of 7-8% in 2014. (GST).
TMC vice president Yashwant Sinha tweeted on Saturday, “We are a country of dead people.” The daily and unjustified rise in gasoline, diesel, and lpg prices would not be tolerated anywhere else.”
“In comparison to Rs 75,000 crore in 2014, the government now collects Rs 3.50 lakh crore in taxes.” “Isn’t this a daylight robbery?” Sinha, a former cabinet minister under Atal Bihari Vajpayee, inquired.
In a press conference in September, Congress MP Mallikarjun Kharge claimed that seven years of economic mismanagement had forced the Union government to sell assets amassed over the previous 70 years.
The IMF lowered its Asian growth forecast for this year on Tuesday due to a new wave of Covid-19 infections, supply chain disruptions, and rising prices.
According to the International Monetary Fund, India’s economy will grow by 9.5 percent this year.
