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Govt realises it needs Viagra boost to revive economy: Congress
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SME Times News Bureau | 23 Sep, 2017
Mocking the government's earlier
claim of rise in GDP, the Congress said what the ruling dispensation
had meant by that was increase in prices of gas, diesel and petrol
(GDP), and added that it has now realised that the economy needs a
"boost of Viagra".
"They used to say our GDP will rise. The
actual meaning of this is rise in prices of gas, diesel and petrol. That
is the GDP. One litre of crude oil costs about Rs 21 and after refining
it, which costs about Rs 9, ultimately it would cost about Rs 31.
"What
costs the government or petroleum companies Rs 31 is sold at Rs 79
(rate in Mumbai). They make profit on every litre of Rs 48.
"Who
bears this burden, the ordinary people - those who ride motor cycles,
those who drive their cars and also the farmers, who use diesel. Profit
goes to the government and burden falls on farmers," said senior
Congress leader Kapil Sibal.
"Instead of bringing down the burden
on the common man they are increasing their burden. And their Minister
says 'Who buys petrol..somebody who has a car and certainly who is not
starving'.
"Look at the arrogance and attitude of the government," added Sibal.
"Why
don't they tax the one per cent people of India who own 58 per cent
wealth of the country. During the UPA rule it was 30 per cent. The poor
are becoming poorer and rich richer," he said.
Sibal also said:
"This government now realises that they need a boost of Viagra to do
something about the economy. Now they want Rs 40,000-50,000 crore to
inject into the economy. No nation can survive like this. This is how
they will do it (by increasing prices of essentials). There is a
shortfall of Rs 65,000 crore," he added.
"After three-and-half
years, if this is the condition of the economy, where will this nation
go? Good they have realised they need Viagra to give stimulus to the
economy," he added.
Sibal said the only sector that is doing well
is the multi-nationals which deal with digital platforms. "They are
making a lot of money. There has never been a more inept way of handling
the economy of this country than this government."
He said the
MSME sector is suffering, factories are closing, there is no employment.
"Due to demonetisation they don't have money to either purchase or sell
their products."
"To do politics is one thing, but don't play around with the lives of the people of India," Sibal said.
He said inflation was at an all-time high.
"Unemployment
is increasing. Consumer price index has increased by 17.92 per cent,
which includes food items, beverages, housing, clothing, tobacco and
footwear," he added.
"Which sector of the economy is doing well in the country apart from digital sector," he asked.
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