'Modinomics' flopped: Cong on 134% fiscal deficit


New Delhi, Mar 30 (PTI): The Congress on Saturday said the Modi government was set to borrow Rs 7.1 lakh crore and cited that the fiscal deficit had risen to 134 per cent in the first 11 months of the current financial year.

Congress chief spokesperson Randeep Surjewala said the "Modinomics" had flopped in the election year and asked Union Finance Minister Arun Jaitley to introspect.

"Modi Government to borrow Rs 7.1 Lakh Crore this fiscal," Surjewala tweeted.

He also cited a media report that claimed that the Centre plans to borrow Rs 4.41 lakh crore in the first half of the financial year 2019-2020 amid rising demands for repayments.

"Fiscal Deficit rises to a whopping 134%! Election Year= Modinomics Flop, Modiji Tiptop! Let 'Bogus Blog Min' introspect," he said, in an apparent reference to Jailtey.

  

Top Stories

Comment on this article


Leave a Comment

Title: 'Modinomics' flopped: Cong on 134% fiscal deficit



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.