Cong claims India's debt under Modi govt risen to Rs 155 lakh crore, demands white paper on economy
New Delhi, Jun 10: The Congress on Saturday alleged that India's debt has nearly "tripled" to Rs 155 lakh crore in the nine years under Prime Minister Narendra Modi and demanded a white paper on the state of the economy.
Congress spokesperson Supriya Shrinate alleged the Modi government's "economic mismanagement" is responsible for the present state of the economy and claimed that Rs 100 lakh crore of debt has been added since the present dispensation assumed charge in 2014.
"As chief minister of Gujarat, Mr Modi used to blame those on the other side of the political spectrum as inefficient, incompetent and corrupt -- adjectives that today suit him and his government more than anyone else.
"After ruining India's economic growth story, creating huge unemployment, raging inflation, Mr Modi has done the unthinkable, which is an addition of over Rs 100 lakh crore to India's debt, which is at an alarming level," she said at a press conference.
The Congress leader also said India's debt in 2014 was at Rs 55 lakh crore, which has now gone past Rs 155 lakh crore.
She claimed that India's debt under 14 prime ministers in 67 years was Rs 55 lakh crore while Modi alone has increased it by over Rs 100 lakh crore.
"Economic management is not the same thing as headline management. It cannot be done through teleprompters and definitely not through WhatsApp forwards. We demand a white paper on the Indian economy because the fault lines are only getting deeper," she said.
Shrinate also claimed that the bottom 50 per cent of Indians who own three per cent of the country's wealth paid 64 per cent of the GST collected. The richest 10 per cent, on the other hand, own 80 per cent of the country's wealth but pay only three per cent of the GST collected.
India has the costliest LPG cylinder, the third costliest petrol and the eighth costliest diesel in the world, Shrinate claimed.
The Congress leader said a debt of Rs 155 lakh crore means every Indian is reeling under a burden of Rs 1.20 lakh.
"The Modi government in its tenure has bought debt of Rs 4 lakh rupees every second," she claimed.
She also added that the government has to pay an annual interest of Rs 11 lakh crore on this debt.
India's debt-to-GDP ratio has risen to 84 per cent, the Congress spokesperson claimed, and said it is alarming when compared to other developing and emerging market economies where the average debt-to-GDP ratio is at 64.5 per cent.
"India is bearing an annual cost of Rs 11 lakh crore to service this mounting debt. Questions are now being raised on India's debt servicing capacity. According to the CAG report, government debt was 52.5 per cent of GDP in 2019-20 and the debt sustainability had turned negative that year. With debt at 84 per cent of the GDP, debt sustainability is suspect," she asserted.
"But, the big question is who are the beneficiaries of this rising debt because quite clearly it is not the poor, not the middle class and not the MSMEs. Twenty-three crore people have been pushed below the poverty line, 83 per cent Indians have seen their incomes dip, over 11,000 MSMEs have shut down in a single year but the number of billionaires in India have gone up from 102 in 2020 to 166 over two years.
"But are all these rich beneficiaries of high debt playing their part in India's growth or paying higher taxes?" she asked and said the government should turn its focus to the other important issue of tax collection.
Rrice rise and unemployment, besides income disparity, have emerged as major issues, she said.
"The bottom 50 per cent of India's population that owns just three per cent of the country's total wealth is paying 64 per cent of the GST collected. In contrast, the top 10 per cent richest Indians, who own 80 per cent of the country's wealth, pay merely 3-4 per cent of the GST collected," she claimed.
"The government is clearly in denial because it is certain that an indirect tax like the GST or excise duty on fuel has hurt the poor the most. India's consumption has been consistently weak. The recently released GDP figures that the government touted as a great achievement has a very big red flag -- India's consumption-to-GDP ratio has fallen from 61.1 per cent in FY 2022 to 60.6 per cent in FY 2023," she said.
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Autorickshaw driver detained, five being questioned in Ujjain minor rape survivor case
Ujjain (MP) (PTI): Police have taken into a custody an autorickshaw driver in connection with the rape of a girl, who was found bleeding on a street in Madhya Pradesh's Ujjain city, and five others are also being questioned in the case, a senior official said on Thursday.
The police have also found some blood stains on the passenger seat of the autorickshaw of the detained man, he said.
According to Ujjain police, a counsellor interacted with the minor rape victim, and found that the latter belongs to Satna district.
However, police in Satna said whether she is the same girl about whom a missing person's report was filed will be confirmed after her family identifies her.
The girl, around 12 years of age, was found bleeding on a street located under the Mahakal police station area in Ujjain on Monday.
After being found, she was taken to a hospital, where her initial medical examination confirmed that she had been raped, police have said.
The girl was on Wednesday operated upon by a team of specialist doctors in Indore and her condition is said to be critical but stable, they said.
"The police have taken an autorickshaw driver into custody on the basis of a video footage. We also found some blood stains on the passenger seat of the autorickshaw, " Ujjain SP Sachin Sharma said.
"Five others are also being questioned," he said.
The girl's identity is yet to be established as she could not tell her name, age and address to the police properly.
"A counsellor interacted with the victim and found that she belongs to Satna district of Madhya Pradesh, where a report of a missing girl was filed at Jaitwara police station (in Satna) on September 25," he said.
Further probe into the incident is being carried out through a Special Investigation Team (SIT), he added.
Meanwhile, Satna's Additional Superintendent of Police Shivesh Singh Baghel said the missing person's report about a girl, aged around 13 years and wearing a school uniform, had been filed at Jaitwara police station.
The minor is a little cognitively-challenged as per the report filed by her family members, he said.
"After reading the news reports and seeing the images of the victim in a school uniform, police suspect that the rape survivor is the same missing girl. Accordingly, a team of police along with the victim's family members was sent to Ujjain for her identification," he said.
"If they identify the victim, further legal action will be taken in the matter," Baghel added.
Meanwhile, Congress leader Priyanka Gandhi Vadra on Thursday slammed the Shivraj Singh Chouhan government in Madhya Pradesh over the incident, alleging that girls, women, tribals and Dalits are not safe under the "misrule" of the Bharatiya Janata Party (BJP).
"The brutality meted out to a little girl in Ujjain, the city of Lord Mahakal, is soul-shattering. After the torture, she kept wandering from door to door for help for two-and-a-half hours and then fell unconscious on the road but could not get help," she said on X.
"Is this the state of law and order and women's safety in Madhya Pradesh? Girls, women, tribals and Dalits are not safe in the 20 years of BJP's misrule," the Congress general secretary said.
The Congress on Wednesday accused the BJP government in Madhya Pradesh of being incapable of protecting the dignity of women and girls in the state after a video clip of the 12-year-old rape victim found bleeding on a street in Ujjain went viral on social media.
Amid massive public outrage, MP Home Minister Narottam Mishra announced on Wednesday that an SIT has been formed to probe the shocking crime.
