Rahul taunts Modi for falling rupee, reminds him of his earlier speech

Rahul taunts Modi for falling rupee, reminds him of his earlier speech

New Delhi: Congress President Rahul Gandhi on Tuesday taunted Prime Minister Narendra Modi for the rupee falling all time low, reminding him one of his old speeches on the issue.

In his speech, delivered during the 2014 election campaign, Modi had blamed Manmohan Singh, then Prime Minister and the Congress leadership, for the weakening of rupee against dollar.

Gandhi posted a portion of Modi’s speech on his Twitter handle and came out with a stinging remark:  “Listen to the Supreme Leader’s master class on economics.”

Rahul Gandhi wrote on Twitter: The Indian #Rupee just gave the Supreme Leader, a vote of NO confidence, crashing to a historic low. Listen to the Supreme Leader’s master class on economics in this video, where he explains why the Rupee is tanking.”

In the video twitted by Rahul Gandhi, Narendra Modi is heard holding Manmohan Singh government for the weakening of rupee. Modi said that the rupee went on a slide due to corruption in the UPA government.

“The way dollar is getting stronger, rupee is getting weaker, it will become difficult for India stay in global business. Our traders export some articles, they import some other articles. They cannot bear this burden. It will become difficult for even the Indian government to import and export articles),” Modi said.

“… the central government is not providing answers. The nation wants to Mr Prime Minister what is the reason that the Indian rupee has been falling against dollar),” Modi asked.

“I have clearly said that this has not happened purely due to economic factors but the corrupt politics that the central government has set in motion from Delhi has played a big role in it. I am leveling this allegation with all seriousness),” Modi says in the video. .

Earlier, the government on Tuesday blamed “external factors” for the rupee’s fall to an all-time low against the US dollar at Rs. 70. It asserted that there was nothing to worry.

Congress, the country’s principal opposition party, seized the opportunity to criticise the Bharatiya Janata Party (BJP)-led central government.

In a sarcastic tone, the Congress tweeted, “Modiji finally managed to do something that we couldn’t do in 70 years.”

–IBNS

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