The Hindu (Madurai)

Congress targets PM over ‘drain of wealth’, crony capitalism

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A day after Prime Minister Narendra Modi alleged that Congress leader Rahul Gandhi had stopped “abusing” industrial­ists Mukesh Ambani and Gautam Adani and hinted at a deal, the Congress stepped up its counter-attack on the BJP and Mr. Modi over the issue of crony capitalism.

In a fresh video addressing the youth, Mr. Gandhi said Mr. Modi would resort to “drama and distractio­n” in the next four to ˆve days since he knows that he won’t be Prime Minister again and the election is slipping out of his hands.

“Unemployme­nt is the biggest issue and Narendra Modi ji had promised you (the youth) two crore jobs every year. He lied, instead announced demonetisa­tion and implemente­d a ¬awed GST but did everything for the beneˆt of people like Adani,” Mr. Gandhi said in his video.

“On June 4, the INDIA bloc will form the government and by August 15, the process of giving employment to 30 lakh youth will start under bharti bharosa

[job assurance] scheme,” he added.

In a separate statement, Congress leader Jairam Ramesh accused the Modi government of aiding the “drain of wealth” from ordinary Indians to crony corporates.

“Since 2014, we have seen a ‘drain of wealth’ from Bharat ke parivaar

(India’s families) to Modi ka parivaar (Modi’s family). This is the intentiona­l e¢ect of the Prime Minister’s ‘Hum Do Humaare Do’ policy of favouring his cronies. The National Accounts Statistics released on May 7 show that India’s net household savings have decreased by ₹9 lakh crore in three years,” Mr. Ramesh claimed.

He said loans to households have risen from ₹7 lakh crore to ₹14 lakh crore in the last three years.

 ?? PTI ?? Rahul Gandhi addressing the youth in a video.
PTI Rahul Gandhi addressing the youth in a video.

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