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Inflation & Unemployment High, Govt in Deep Slumber: Congress

Congress on Wednesday attacked the government over rising prices and unemployment and asked for steps taken to bring relief to the common Indian.

Addressing a press conference here, Congress spokesperson Gaurav Vallabh said, “The BJP has brought about a doom with 7s — retail Inflation is at 7.01 percent, unemployment is at 7.8 percent and Rupee has depreciated 7 percent in the last six months vs the US dollar. While these are worrying data points, the BJP government is in deep slumber.”

He said that the government is intentionally looking away while the commoners suffer day in and day out. While on one hand the income is decreasing and people are losing jobs, inflation is giving a killer blow, Vallabh said.

The Congress spokesperson alleged that in the last eight years of the government the focus of the BJP has been on polarization and disharmony whereas distressing issues such as rising inflation, unemployment, and the depreciating Rupee are nowhere on its agenda.

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“The country is witnessing the highest unemployment in the last 45 years. Various reports have time and again highlighted the fact that 97 percent Indians got poorer in just one year between 2020 and 2021. Unemployment rate has gone up to 7.8 percent with a loss of 25 lakh jobs in June 2022 among the salaried employees, as per the CMIE, ” said Vallabh.

“Retail inflation was recorded at 7.01 percent in June 2022 as per the Consumer Price Index (CPI) data released on Tuesday and 25 lakh salaried people lost jobs in June 2022, startups have been made to fire more than 11,000 employees in 2022, Rupee at an all-time low of 79.66 against the US Dollar, GDP growth stagnant — these portray the sorry state of macroeconomic affairs,” the Congress spokesperson added.

 

 

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