8 years of ruin of Indian economy…!!!
BJP is celebrating 8 years of Modi government, what is being celebrated is incomprehensible…!!! When Narendra Modi took over as Prime Minister on 26 May 2014, the rate of GDP growth of the country was 7.4 percent, in 2015-16 it increased to 8.3 percent. After that the demonetisation done by Modi made such a slit in the country that till date it has not been able to recover, the growth rate has been falling continuously…!!! In the financial year 2020-21, the country’s GDP has declined by 7.3 percent. This is the biggest decline in the country’s GDP in four decades. The worst performing economy during the Corona period is that of India.
First let’s talk about unemployment
Before Modi became PM, the unemployment rate in the country was 3.4%, today it has increased to 8.7%…!!! In 2019, just before the Corona era, the unemployment rate in the country was 6.1% and this figure was the highest in 45 years.
Leave the history of the country, this must have happened for the first time in the history of the world that employment has decreased instead of increasing…!!! Before the coming of Modi government 43 crore people had employment, now about 40 crore people have employment left in the country…!!!
Let us now look at inflation
In April 2022, the retail inflation rate in the country has gone up to 7.79 percent. This is the highest level in 8 years. In May 2014, the price of petrol in the country’s capital Delhi was Rs 71.41 per liter and diesel was sold at the rate of Rs 55.49 per liter in May 2014, see what is the price today. 40 per liter has increased by more than Rs. Before the Modi government, the cylinder with subsidy was available for Rs 414, now the price of cylinder has reached one thousand rupees…!!!
In these 8 years the price of flour has increased by 48%, that of rice by 31%, of milk by 40% and of salt by 35%, inflation is at its peak…!!!
The claim of increasing Per Capita Income has been achieved only through juggling of figures. If you want to know the reality of this, then know the savings figures of families once, more than 80 crore people are still poor in India…..!!!
Modi ji is drinking ghee by taking loan…!!! In the last 8 years, foreign debt has also increased tremendously…!!! During this period, the foreign debt on India has increased by an average of $ 25 billion every year. Before the Modi government, the country had a foreign debt of about $ 409 billion, which has now increased to one and a half times i.e. about $ 615 billion.
No work was done on education or health in Modi government, how many AIIMS have been built…??? Leave AIIMS, tell me how many ordinary hospitals have been built. Before Modi became the Prime Minister, there were 15.18 lakh schools in the country, which have now come down to 15.09 lakh. Which new education policy has been implemented, tell you…???
You will remember that in 2014, Modi ji started Make In India. Its purpose was to inspire big companies from all over the world to make their things in India and to send the things made in India all over the world. This plan completely failed India still imports more than exports…!!! India’s exports have not increased even by Rs 10 lakh crore in the last 8 years and imports are also increasing, according to the data, during the year 2021-22, India’s imports also reached an all-time high of $ 610 billion. Has gone…!!!
From this article written in brief, you must have understood that this government has proved to be a terrible failure in every field related to economy, then what is being celebrated…???
Swati Negi
