Raising sharp questions ahead of the presentation of the Union Budget, Congress president Mallikarjun Kharge on Saturday said the Indian economy is in a "mess" and asked whether the government will offer any solutions to fix it.
In a post on X, he said the Modi government can no longer hide behind the excuse of "legacy" anymore as it has been in power for the last 12 years.He asked whether the government would offer ‘real solutions’ to what he described as multiple economic indicators on decline, while asserting that Centre can no longer blame the past governments for current challenges.
"In this Union Budget, the Modi Government cannot hide behind the excuse of 'legacy'. Their own legacy has pushed the economy into an unprecedented mess."Will this Budget offer real solutions to the multiple economic indicators that are now in free fall?" Kharge asked in a post on X.
The Congress chief also posted a video along with his post, which said that the Economic Survey is out and the government data shows that manufacturing growth crashed from 7.4 per cent under the UPA to just 3.54 per cent under the NDA rule.The video claimed that the government's 'Make in India' campaign has "failed" as manufacturing is "stuck" at 13 per cent even when it promised 25 per cent.
It also claimed that only one in two graduates is even employable and India's share in global trade is the lowest in 80 years.The video further claimed that household savings are down from 7.4 per cent to 5.3 per cent as food inflation is "crushing" families, with people's liabilities growing.The video also claimed that the rupee has hit an all-time low at 92 against US dollar and foreign investment is "fleeing". The FDI has shown a negative growth in four straight months, it added.
With this 12th budget of the Modi government, the Congress asked if it will solve the "crisis", claiming that the "mess" and legacy are both theirs. The remarks of Congress leader come a day before Finance Minister Nirmala Sitharaman will present Union budget for 2026-27. A key exercise that will be closely watched for signals on growth, employment, inflation besides support for vulnerable sections of society. Congress apart, other opposition parties have also sharpened criticism against NDA government over financial management.
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