City
Epaper

Congress targets govt over unemployment, inflation

By IANS | Updated: September 2, 2022 21:25 IST

New Delhi, Sep 2 In the run-up to its 'Mehangai Par Halla Bol' rally scheduled at Delhi's Ramlila ...

Open in App

New Delhi, Sep 2 In the run-up to its 'Mehangai Par Halla Bol' rally scheduled at Delhi's Ramlila Maidan on September 4, the Congress on Friday targeted the Centre on the issues of unemployment and inflation.

Addressing a press conference here, Congress spokesperson Gaurav Vallabh said, "The rupee has fallen to 79.70 against the US dollar. The unemployment rate in August, as per CMIE, was a whopping 8.28 per cent, the highest in the last one year. Retail inflation continues to be above RBI's tolerance band of 6 per cent, sitting at 6.71 per cent in July."

Vallabh said the BJP government, due to its inept handling of the economy, is pushing the Indian growth story back.

The Ministry of Statistics and Programme Implementation (MOSPI) released the GDP numbers for Q1 FY23 on Wednesday, Vallabh said, adding that the government machinery may push specific data points, but the real picture emerges if the numbers are compared to the pre-Covid levels.

The Congress spokesperson said that the SBI has trimmed its growth forecast for FY23 from 7.5 per cent to 6.8 per cent, while other global banks and rating agencies too have followed the same trend.

"What concrete measures is the government taking to generate employment opportunities for our youth, given that the urban unemployment rate has risen to 9.6 per cent," Vallabh asked.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: CmieGaurav vallabhcongressdelhiNew DelhiThe new delhi municipal councilDelhi south-west`delhiDelhi capitalSouth delhi district administrationIto delhi
Open in App

Related Stories

Social Viral'Flight Le Leta': Netizens React as Mumbai-Delhi Tejas Rajdhani Express Ticket Costs Rs 5,500

EntertainmentRandeep Hooda and Lin Laishram Join Archery Premier League as Co-Owners of Delhi's Prithviraj Yodhas

NationalDelhi: Food Delivery Worker Bullied in Narela, Drunken Customer Misbehaves with Police

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

NationalZubeen Garg Death Probe: Festival Organiser Shyamkanu Mahanta and Manager Siddhartha Sharma Arrested in Delhi, Brought to Guwahati

Politics Realted Stories

MumbaiAmeet Satam Appointed As Mumbai BJP President Ahead of BMC Polls

Maharashtra'Chaddi Baniyan' Protest at Maharashtra Assembly: Opposition Stages Agitation Against Sena MLA for Punching and Slapping Canteen Staff (Watch Video)

MaharashtraMaharashtra Monsoon Session: Ajit Pawar Slams Bhaskar Jadhav Over Fund Allegations, Says 'No Need for Unsolicited Advice'

MumbaiUddhav Thackeray Pats Raj Thackeray on Back at Victory Rally Speech; Emotional Video of Thackeray Brothers Goes Viral

MaharashtraMarathi Language Controversy: ‘Did I Pass a GR Against Brotherhood?’ Devendra Fadnavis Hits Back at Uddhav & Raj Thackeray