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Kharge Blasts Modi Government for Economic Crisis

1/3/2025

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Summary

Story summary

Congress leader Mallikarjun Kharge condemned the BJP government for causing significant economic distress for citizens.
He highlighted a 50% surge in gold loans and a 30% increase in non-performing assets, signaling financial strain.
Stagnant private consumption, declining car sales, and minimal wage growth of 0.8% over five years reflect economic challenges.
Food inflation averaged 7.1%, while household savings hit a 50-year low, with liabilities at 6.4% of GDP.
Kharge accused Prime Minister Modi of implementing harmful policies affecting all citizens.

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Story summary

Congress leader Mallikarjun Kharge condemned the BJP government for causing significant economic distress for citizens.
He highlighted a 50% surge in gold loans and a 30% increase in non-performing assets, signaling financial strain.
Stagnant private consumption, declining car sales, and minimal wage growth of 0.8% over five years reflect economic challenges.
Food inflation averaged 7.1%, while household savings hit a 50-year low, with liabilities at 6.4% of GDP.
Kharge accused Prime Minister Modi of implementing harmful policies affecting all citizens.