Top Stories
Pm Modi: KCR: Narendra Modi most ineffective PM of India, only boasts | Hyderabad News
HYDERABAD: Chief Minister K Chandrasekhar Rao on Sunday described Prime Minister Narendra Modi as the most ineffective PM in the nation’s history and termed his National Democratic Alliance (NDA) regime as ‘No Data Available’ government.
In his most virulent attack against the BJP-led Centre and PM Modi in his two-hour speech in the assembly, he said, former PM Manmohan Singh excelled in his work, but lacked the ecosystem to flaunt it like his successor Modi.
In a pointed counter to PM Modi’s recent remark that India will remember the decade preceding 2014 as “lost decade” and the decade of 2030 will be known as “India’s decade”, KCR gathered ammunition from the book – Lost Decade (2008-18) – and quoted from it to attack the PM.
During the debate on the Money Appropriation Bill, he claimed Manmohan managed the country’s debt-to-GDP ratio better than Modi.
“Singh brought down the ratio by 10%, but it rose by 5% during PM Modi’s tenure. The poor man did not boast, but Modi and his followers are full of praise for themselves,” the CM said.
He also mocked the $3.1trillion economy claim by the NDA government, saying this was not an actual indicator of development.
“What matters is the money with the people. India ranks poorly on per-capita income parameter. We are ranked 138th, far behind nations such as Bangladesh and Bhutan. During Manmohan Singh’s tenure, PCI growth was more than 12%, but it dipped to 7% in the current dispensation,” he observed.
In his most scathing attack against Prime Minister Narendra Modi and the NDA government at the Centre, chief minister K Chandrasekhar Rao said former PM Manmohan Singh managed the country’s debt-to-GDP ratio better than Modi.
The CM said the debt-to-GDP ratio rose 5% during Modi’s tenure. He said he will resign if it what he said was proven false, as he was only quoting figures from Comptroller and Auditor General of India report. He criticised the Centre’s privatisation policy, saying it’s all about “socialisation of losses and privatisation of assets”.
There is no accountability and when people and the Opposition question the Adani episode, the PM derides them, he said. “Investors lost 10 lakh crore, but the government has left them to their fate,” he said, referring to the response of the PM and BJP in both houses of Parliament.
“Why’s the world’s most trusted and largest insurance company, LIC, being privatised and why is the company left vulnerable after investments in Adani’s company? One should have the gumption to accept mistakes. The Adani episode will damage India’s reputation and investors will think twice before coming to this country,” he said.
KCR did not spare Congress either, saying both parties had pushed the country into disarray. “The other day in Parliament, Rahul Gandhi accused BJP of dethroning state governments. But this sad state of affairs continued after Nehru’s era. Congress promoted ‘Licence Raj’ and BJP runs ‘Silence Raj’, and anyone who questions them is harassed by investigation agencies. We floated BRS to change this,” he said.
The CM went on to say the Centre lacked policy focus. “This is golden land with rich resources. Coal India paid money to the Centre for many years to lay railway lines, but the project is still pending. If these lines are laid, India can plough into coal reserves for 125 years. Also, nearly 20 lakh people renounced Indian citizenship in recent years. Isn’t this shameful,” he asked.
“There’s no point in claiming to be ‘vishwaguru’ if we cannot solve simple water issues,” he said.
CM also questioned the Centre’s ban on a BBC documentary. “This is blatant arrogance as any questioning voice is muzzled. Please don’t think you will always be in power, even the great Indira Gandhi was jolted by a simple court judgment,” he said.
In his most virulent attack against the BJP-led Centre and PM Modi in his two-hour speech in the assembly, he said, former PM Manmohan Singh excelled in his work, but lacked the ecosystem to flaunt it like his successor Modi.
In a pointed counter to PM Modi’s recent remark that India will remember the decade preceding 2014 as “lost decade” and the decade of 2030 will be known as “India’s decade”, KCR gathered ammunition from the book – Lost Decade (2008-18) – and quoted from it to attack the PM.
During the debate on the Money Appropriation Bill, he claimed Manmohan managed the country’s debt-to-GDP ratio better than Modi.
“Singh brought down the ratio by 10%, but it rose by 5% during PM Modi’s tenure. The poor man did not boast, but Modi and his followers are full of praise for themselves,” the CM said.
He also mocked the $3.1trillion economy claim by the NDA government, saying this was not an actual indicator of development.
“What matters is the money with the people. India ranks poorly on per-capita income parameter. We are ranked 138th, far behind nations such as Bangladesh and Bhutan. During Manmohan Singh’s tenure, PCI growth was more than 12%, but it dipped to 7% in the current dispensation,” he observed.
In his most scathing attack against Prime Minister Narendra Modi and the NDA government at the Centre, chief minister K Chandrasekhar Rao said former PM Manmohan Singh managed the country’s debt-to-GDP ratio better than Modi.
The CM said the debt-to-GDP ratio rose 5% during Modi’s tenure. He said he will resign if it what he said was proven false, as he was only quoting figures from Comptroller and Auditor General of India report. He criticised the Centre’s privatisation policy, saying it’s all about “socialisation of losses and privatisation of assets”.
There is no accountability and when people and the Opposition question the Adani episode, the PM derides them, he said. “Investors lost 10 lakh crore, but the government has left them to their fate,” he said, referring to the response of the PM and BJP in both houses of Parliament.
“Why’s the world’s most trusted and largest insurance company, LIC, being privatised and why is the company left vulnerable after investments in Adani’s company? One should have the gumption to accept mistakes. The Adani episode will damage India’s reputation and investors will think twice before coming to this country,” he said.
KCR did not spare Congress either, saying both parties had pushed the country into disarray. “The other day in Parliament, Rahul Gandhi accused BJP of dethroning state governments. But this sad state of affairs continued after Nehru’s era. Congress promoted ‘Licence Raj’ and BJP runs ‘Silence Raj’, and anyone who questions them is harassed by investigation agencies. We floated BRS to change this,” he said.
The CM went on to say the Centre lacked policy focus. “This is golden land with rich resources. Coal India paid money to the Centre for many years to lay railway lines, but the project is still pending. If these lines are laid, India can plough into coal reserves for 125 years. Also, nearly 20 lakh people renounced Indian citizenship in recent years. Isn’t this shameful,” he asked.
“There’s no point in claiming to be ‘vishwaguru’ if we cannot solve simple water issues,” he said.
CM also questioned the Centre’s ban on a BBC documentary. “This is blatant arrogance as any questioning voice is muzzled. Please don’t think you will always be in power, even the great Indira Gandhi was jolted by a simple court judgment,” he said.
Source link
