On the Reserve Bank of India (RBI) report, Congress leader Rahul Gandhi on Wednesday launched a fresh attack on the Modi government, saying, “Distractions through media won’t help the poor or make the economic disaster disappear.”
Rahul Gandhi wrote in his tweet with a news report on Wednesday morning, “RBI has now confirmed what I have been warning for months.”
He then made some suggestions. “Govt needs to: Spend more, not lend more. Give money to the poor, not tax cuts to industrialists. Restart economy by consumption.”
On Tuesday, the RBI warned of an economic contraction by September. The central bank said in its annual document, “More spread of the coronovirus epidemic, monsoon deviation from forecasted normal rainfall and global financial market fluctuations are major risks of growth.”
