Even though the central government is talking about rapid improvement in the country's economy, the opposition is not believing its claims. Inflation is skyrocketing in the country and the unemployment rate has increased. Congress leader Rahul Gandhi has once again targeted the government regarding these issues. He has attacked the Modi government by counting the current crisis of the country through social media.
Economy ruined under Modi regime
Congress leader Rahul Gandhi in a tweet referred to many crises in the country. He wrote that at this time there is a power crisis, jobs crisis, farmer crisis, and inflation crisis in India. Due to all this, the people of the country are suffering. He further wrote that all these problems are a case study of Prime Minister Narendra Modi's eight years of misrule. Rahul said that this case study shows how one of the fastest-growing economies of the world can be ruined by misgovernance.
The unemployment rate increased in April
On the one hand, while the government is making claims of rapid improvement in the economy in the country, on the other hand, the rising unemployment rate in India remains a matter of concern. If we look at the latest data from the Center for Monitoring Indian Economy (CMIE), the country's unemployment rate rose to 7.83 percent in April, from 7.60 percent in March. During this period, unemployment has increased in urban areas and the unemployment rate here has increased to 9.22 percent from 8.28 percent in March. Whereas the unemployment rate in rural areas has come down from 7.29 percent in March to 7.18 percent in April. In terms of unemployment, Haryana tops the list with 34.5 percent and Rajasthan with 28.8 percent. With this, the rate of job seekers in the country has come down to 39.5 percent in March 2022 as compared to 43.7 percent in March 2019.
Retail inflation at a 17-month high
Let us tell here that the impact of inflation is increasing on the people of the country, while Finance Minister Nirmala Sitharaman says that it has not reached much of our target. It is worth noting that if we look at the inflation data released by the government in March, retail inflation rose to a 17-month high of 6.95 percent in March, compared to 6.07 percent in February. Apart from this, wholesale inflation in the country has also remained in double digits for 12 consecutive months. In March, the wholesale inflation reached the level of 14.55 percent, which had increased at the rate of 13.11 in February.
Troubled by power crisis
On the one hand, while the government is talking about having enough coal in stock and power generation in the right quantity, on the other hand, there are reports of severe power crises in many states of the country, or say from Uttar Pradesh to Jammu and Kashmir. . If we look at the recent reports, 16 states of the country are in bad shape due to power cuts due to shortage of coal. Unprecedented heatwave in the north and central India has pushed the power demand close to a record 2.14 lakh MW. Apart from UP, Delhi, Bihar, Haryana, Jharkhand, Madhya Pradesh, and Rajasthan, consumers from Jammu and Kashmir to Andhra Pradesh are facing unannounced power cuts ranging from 2 to 10 hours. The power cuts that are happening in India during the scorching summer are the highest in more than six years.
Elon Musk: Crown of the world's richest man snatched, Elon Musk got a big blow from Twitter, Bernard Arnault on top
Elon Musk, the owner of Tesla, SpaceX, and Twitter, has lost the title of being the world's richest. According to the Bloomberg Billionaires Index, Bernard Arnault has replaced him. He has now become
Ban on entry of migrants will continue in America: State said – If the ban is lifted, the number of migrants will increase, and people sitting on the border will not get entry
The US Supreme Court extended the government's order to stop the entry of migrants from the Mexico border two years ago. The court, in its ruling on Tuesday, said the measures of the Epidemic Act,
Jammu Kashmir Bomb Blast: Two bombs exploded in Udhampur in eight hours, and two injured - security increased
There is an atmosphere of panic in Udhampur at this time. Two bomb blasts that took place within the last eight hours have created a sensation in the town. So far, two people have been reported
Ayman Al Zawahiri: Who will be the chief of Al Qaeda after Al-Zawahiri? terrorist organization in confusion
The US claimed to have killed Al Qaeda chief Ayman al-Zawahiri in a drone strike in Kabul, Afghanistan. US intelligence official says the situation is unclear regarding al-Zawahiri's successor.
Girlfriend came to India by swimming from Bangladesh: 22-year-old girl swam in the river for an hour, married her lover; now arrested
The love that does not make is less. This is what you would say after hearing the story of 22-year-old Krishna Mandal who came to India from Bangladesh. She came to West Bengal after crossing the
Rupee vs Dollar: Indian Rupee is at the lowest level against the Dollar, Bhutanese currency Ngultrum is also stronger than us
With the opening of the market on Wednesday, the Indian rupee has been seen trading at a record low of 78.96 with a fall of 11 paise. The rupee is under pressure due to continuous selling by foreign
CBI Raid: CBI raids at many places including the office and residence of P Chidambaram's son Karti Chidambaram
The CBI on Tuesday raided the house of Karti, son of former Union Minister P Chidambaram. These raids have been done at his residence in Sivagangai and Chennai, apart from Delhi and Mumbai. This raid
ISRO to launch commercially, LVM3 to launch 36 OneWeb satellites on 23 October
Indian Space Research Organization (ISRO)'s heaviest rocket LVM3 will launch 36 broadband satellites of British start-up OneWeb from the spaceport in Sriharikota, Andhra Pradesh on October 23, marking
Sanvrega Pakistan's 1200-year-old Valmiki Temple: It was occupied by the Christian family for 2 decades, freed after a long fight
The 1200-year-old Valmiki Temple in Lahore, Pakistan will be renovated. This temple was occupied by a Christian family for many years. After a prolonged court battle, in July 2022, the federal body
Conspiracy against students in Iran: 1200 students ill 24 hours before anti-government protest, accused of mixing poison in the water
Just a day before anti-government protests in Iran, around 1200 students of the country's largest university have become seriously ill. The special thing is that all the students who got sick have the