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Indian economy in bad shape: Anand Sharma

Press Trust of India Shimla
Last Updated : Jun 15 2015 | 1:44 AM IST
Former Union minister and senior Congress leader Anand Sharma on Sunday said the economy of the country was “struggling”  and sought a white paper on overdraft and the financial position of the Union government.

“The NDA (National Democratic Alliance) government’s claims that the economy is recovering are hollow and misplaced, with  parameters of growth like manufacturing, service sector, agriculture and exports showing a decline,” Sharma said.

Sharma also dubbed the one-year rule of the Modi government a “year of betrayal, broken promises and boastful claims” accusing him of taking credit for schemes implemented by the previous United Progressive Alliance (UPA) government.

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“The Modi government is taking credit for JAM (Jan Dhan, Aadhaar and mobile numbers) trinity but all these schemes were conceived and implemented by the UPA government,” he said, adding that at that time the then Bharatiya Janata Party (BJP), which was in opposition, had criticised these policies and even declared to scrap the Adhaar scheme.

Sharma said that petroleum prices which were hovering around 125 dollars per barrel have crashed to 55-66 dollars per barrel but the NDA government has not passed on the benefit to the consumers but earned Rs 62,000 crores and revised the excise duty thrice.

The price of petrol must be reduced by Rs 25 per litre, he demanded.

Referring to the Gujarat model of development, he said the CAG reports have exposed the irregularities committed by the state government and added that,"If CAG reports in Delhi can create a turmoil the CAG reports on Gujarat cannot go unnoticed and we will ask all the questions at the right time.

Ridiculing the claims of the government that there has been no case of corruption or scam during the NDA government, Sharma said that there is difference between corruption and allegation of corruption and the UPA government had taken legal actions like bringing the RTI Act, Lokpal Bill and whistle blower Act but the BJP government has not appointed the Lokpal and several key pots are lying vacant.

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First Published: Jun 15 2015 | 12:42 AM IST

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