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

NationalDelhi: Semi-Decomposed Body of Missing AIIMS Electrician Found in Vasant Kunj Pond

MumbaiBuying a Home in Mumbai? You’ll Need to Save for 109 Years to Afford a 2BHK

NationalDelhi Shocker: 19-Year-Old Woman Dies After Being Pushed Off Terrace by Burqa-Clad Stalker; Heavy Police Deployment in Area

NationalDelhi Fire: 4 Killed in Chemical Factory Blaze Near Rithala Metro Station

NationalIndigo Flight Cancelled Moments Before Takeoff from Chandigarh Due to Technical Glitch; 177 Passengers Evacuated Safely

Politics Realted Stories

NationalAssembly Bypoll Results 2025: AAP Wins Visavadar and Ludhiana West Seats; Congress Wrests Nilambur Seat in Kerala

MaharashtraNCP Leader Suraj Chavan Shares Alleged Black Magic Video of Shiv Sena Leader Bharat Gogawle Amid Row Over Raigad Guardian Post

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis

Maharashtra'Remembered the Advice My Mother Gave Me': Supriya Sule On Her WhatsApp Status