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UPA pulled people out of poverty, Modi govt reversed it: Ajay Maken

Congress common secretary Ajay Maken on Wednesday claimed that whereas the UPA authorities pulled crores of individuals out of poverty, the current BJP-led regime has pushed them again within the Beneath Poverty Line () class. ”

Persons are reeling underneath spiraling costs on account of incompetent, insensitive and uncaring Narendra Modi authorities throughout a extreme financial slowdown. As a substitute of offering money immediately within the palms of individuals, the BJP authorities is forcing them to pay greater costs for important commodities,” Maken mentioned at a press convention in Bhopal.

“The Congress-led UPA authorities introduced 27 crore individuals out of the BPL class with nice efforts, however the current regime has pushed 23 crore of them again into poverty,” he alleged. “Two crore individuals have misplaced their jobs and 97 per cent persons are getting diminished salaries. Folks had been pressured to withdraw Rs 1.25 lakh crore from PPF accounts,” Maken mentioned.

The economic system was already in a foul form earlier than the pandemic as the expansion fee had come all the way down to 4.1 per cent in FY20 from 8.2 per cent in FY17 on account of demonetization, inaccurate implementation of the Goods and Services Tax and incorrect insurance policies of the Modi authorities, he mentioned.

The Congress chief additionally claimed that the costs of petrol and diesel had been raised 66 occasions between April 1, 2021 and July 12, 2021, and the federal government earned a revenue of “greater than Rs 25 lakh crore” from excise obligation within the final seven years. In seven years, excise obligation on petrol was elevated by 247 per cent and that on diesel by 794 per cent, he claimed.

Via these taxes, the Union authorities is pocketing about Rs 4.2 lakh crore per yr, he additional mentioned. The rise within the costs of diesel, fertilizers and different agriculture-related merchandise has raised the price of farming too, the Congress chief alleged.

https://economictimes.indiatimes.com/information/politics-and-nation/upa-pulled-people-out-of-poverty-modi-govt-reversed-it-ajay-maken/articleshow/84414767.cms

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