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Trinamool MP Slams Centre Over Economy In Viral Speech

She also took a swipe at the BJP for her defeat in the parliamentary elections in Himachal Pradesh.

New Delhi:

Trinamool Congress Lok Sabha member Mahua Moitra on Tuesday attacked the government for its claims of economic progress, citing its own industrial production data. Every February, the government tricked people into believing that the economy is doing well and everyone is getting all basic services such as gas bottles, housing and electricity, said Ms Moitra, who called the claims “untruths”, adding that eight months later, now in December ‘the truth stumbles after it’. She said the government has said it needs Rs 3.26 lakh crore in additional funds on top of the budget estimate.

In a Lok Sabha debate on the demand for additional grants for 2022-23, Ms Moitra accused Narendra Modi’s government of spreading “untruth” about India’s growth and called on Finance Minister Nirmala Sitharaman to take control of the economy, which, according to the TMC leader, is going downhill.

Ms. Moitra began by quoting author Jonathan Swift. “As the vilest writer has his readers, so the greatest liar has believers. And it often happens that if a lie is believed for only an hour, it has done its job and there is no further cause for it. The truth limping after it , ‘she said.

She subsequently took on the government over its alleged coining of the term “Pappu”.

“This government and the ruling party have coined the term Pappu. You use it to denigrate and denote extreme incompetence. But the statistics tell us who the real Pappu is,” she said. Referring to the most recent data released by the National Statistical Office (NSO), Ms Moitra claimed that while the country’s industrial production contracted by four percent in October to a 26-month low, the manufacturing sector, which “still remains the largest generator of jobs”, has shrunk to 5.6 percent.

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She also took a swipe at the BJP for its defeat in the just concluded Himachal Pradesh elections, saying the ruling party president could not keep his home state. “Who is the Pappu now?” she asked.

Mahua Moitra also pointed to the “exodus” of Indians, citing data on the increasing number of people renouncing their Indian citizenship.

“17 of the industry sectors that make up the industrial production index have recorded negative growth rates. Forex reserves have fallen by $72 billion in less than a year. The Honorable Finance Minister said during Question Time yesterday how apparently 50% of the inflow of foreign direct investment in emerging markets is coming into India. Wonderful. But her colleague, the minister of state, stated just last Friday in response to a question in this House that nearly 2,00,000 people — 1,83,741 people — have renounced their Indian citizenship in the first ten months of 2022. This exodus of 2022 brings the total number of Indians who renounce Indian citizenship under this government in the past nine years, as of 2014, to more than 12.5 lakh people , ‘she said.

Ms Moitra also claimed that wealthy individuals are willing to pay a lot of money to get citizenship in other countries.

“Is this the sign of a healthy economic environment? Of a healthy tax environment? Who is the pupu now? There is an air of terror in this country, with the sword of the Directorate of Enforcement hanging over businessmen and wealthy individuals,” she said . said.

“The ruling party buys legislators for hundreds of millions of rupees and yet opposition members represent 95 percent of lawmakers under investigation by the Enforcement Directorate,” Ms Moitra claimed.

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She accused the government of spreading untruths about India’s growth story under Prime Minister Modi and said the demonetization of high value currency enforced by her in 2016 had failed to achieve its goals as cash is “still king” and it phasing out counterfeit currencies is still a long way off. dream.

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