Dark
Light
Today: July 25, 2024
March 30, 2024

Priyanka Gandhi Vadra Criticizes Government’s Borrowing Spree Amidst Economic Woes

Congress leader Priyanka Gandhi Vadra has launched a scathing attack on the BJP-led government, denouncing its recent proposal to borrow over Rs 14 trillion. In a fiery statement, she questioned the rationale behind burdening the nation with more debt amidst a backdrop of rising unemployment, inflation, and economic turmoil.

Addressing the Finance Minister’s budget speech last month, Priyanka Gandhi Vadra questioned the necessity of borrowing such a substantial amount, which she believes adds to the financial strain on the people. She emphasized that instead of extending relief to citizens, the government seems determined to exacerbate their economic woes.

Highlighting the alarming escalation in national debt over the past decade, Priyanka Gandhi Vadra pointed out that from independence until 2014, the country’s total debt stood at Rs 55 trillion. However, under the tenure of the Narendra Modi government, this figure has skyrocketed to a staggering Rs 205 trillion. This exponential increase raises pertinent questions about the government’s fiscal management and expenditure priorities.

In a poignant social media post, Priyanka Gandhi Vadra sought accountability for the utilization of these borrowed funds. She questioned the beneficiaries of such massive borrowing, raising concerns about the allocation of resources and whether the interests of ordinary citizens were truly being served.

Amidst mounting economic challenges, Priyanka Gandhi Vadra expressed dismay at the government’s apparent disregard for the plight of the common people. She underscored that instead of easing the burden on citizens reeling under the weight of unemployment, inflation, and economic instability, the government’s actions seem to compound their difficulties.

The Congress leader’s critique comes at a time when the nation is grappling with the repercussions of a protracted economic downturn exacerbated by the COVID-19 pandemic. With livelihoods lost, businesses shuttered, and families struggling to make ends meet, the need for responsible and compassionate governance has never been more urgent.

Jhumpa Lahiri

Jhumpa Lahiri

At our news portal, we strive to be your go-to destination for staying informed about the latest developments, breaking news, and insightful analysis across a diverse range of topics. Whether you're interested in politics, technology, health, entertainment, or global affairs, we've got you covered with comprehensive coverage and in-depth reporting.

Leave a Reply

Your email address will not be published.

Previous Story

Bengal Education Minister Accuses Modi Government of Withholding Funds for SSM, Calling it “Unethical”

Next Story

Environmental Groups Rally for Himalayan Protection: Call for Ban on Infrastructure Projects

Latest from Blog

Go toTop

Don't Miss

Union Budget 2024: Key Expectations and Historical Milestone

Finance Minister Nirmala Sitharaman is set to commence the pre-budget

Crude Oil Market Analysis: Trading Strategies and Price Targets

Crude oil prices exhibited signs of weakness in Thursday’s trading