MSME stand destroyed, large companies under stress: Rahul

New Delhi, Jul 8 (IANS): Congress leader Rahul Gandhi on Wednesday attacked the Modi government over economic distress, saying that small and medium enterprises were "destroyed" and even large companies and banks were in "distress".

Rahul Gandhi in a tweet said, "Small and medium enterprises stand destroyed. Large companies are under severe stress. Banks are in distress."

He shared his past video about warning the government over the economic problems impending the country.

He said in the tweet, "I stated months ago that an economic tsunami was coming and was ridiculed by BJP and the Media for warning the country about the truth."

On Tuesday, Rahul Gandhi, while reacting to reports that Indians were the worst hit on the economic front, and eight out of 10 households lost income during the pandemic, had said that the economic mismanagement was a "tragedy" out to destroy millions.

"India's economic mismanagement is a tragedy that is going to destroy millions of families," Rahul Gandhi had said.

He said that it will no longer be accepted silently.

Rahul Gandhi was quoting research from the University of Chicago and the Centre For Monitoring Indian Economy, which in the report cited by Rahul Gandhi said that 80 per cent of rural and 75 per cent of urban households have suffered a loss in income.

Rahul Gandhi has been consistently demanding that the government implement the Nyay Scheme in the country, which ensures a transfer of Rs 7,500 in cash to each household.

The Congress in a statement on Tuesday said that the country lost nearly 13 crore domestic jobs with many states reaching an unemployment figures of 40 per cent.



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Comment on this article

  • Ramesh, Udupi

    Wed, Jul 8 2020

    This is what happens when you vote for uneducated...India is no longer a developing country.

    DisAgree [1] Agree [4] Reply Report Abuse

  • Bhavya Baliga, Udupi

    Wed, Jul 8 2020

    What is MSME, Rahulji?

    DisAgree [9] Agree [4] Reply Report Abuse

  • Veer, Nagpur

    Wed, Jul 8 2020

    Couple of months ago when the country was going thruogh economic donwn turn RaGa warned BJP govt in the centre not to get lured by China and fall victim to thier money. Centre took serious note of his advice and refrained from sale deed with China. Eventually all the policies of congress including NYAY has to be implemented by BJP without any option. This is last option for BJP if it wants to remain in power. All other communal and divisive issues will not get them to power. What BJP spat high in air now it's falling on its face.

    DisAgree [4] Agree [12] Reply Report Abuse

  • anthony, Mangalore

    Wed, Jul 8 2020

    Except for Gujarati companies like the Ambani's, Adaani etc all the major business houses are in Distress. No Doubt the MSME stand totally destroyed due to Govt's could'nt care less attitude towards the poor and marginalised.

    BJP Ko Hatao Desh Bachao.

    DisAgree [3] Agree [11] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Wed, Jul 8 2020

    Still recollect Raul tearing up the Ordinance passed by ManMoun during UPA 2. But Raul was completely away abroad on long holidays during 10 long years of UPA 1 and 2, never spoke about any scams under Govt then A to Z were there, also did not take any responsibility during 10 years.
    In 2019 he lost Family Bastion seat of Amethi that Family dynasty was winning since 1947. Seat was won by Great grand father Nehru, Grand Mother Indira, Father Rajiv Gandhi and Mother Sonia Antonia Maino, but Raul lost it completely, a remote seat in Kerala where minority is majority saved him.
    Now he is acting tough, questioning through Twitter, but still no one takes him seriously.

    Please understand reality is that both Mother and Son are on Bail in RGF and National Herald cases

    DisAgree [15] Agree [7] Reply Report Abuse

  • Alan Dmello, Mangalore

    Wed, Jul 8 2020

    The issue is Sir, that no one takes you seriously. Your lashing , and bashing is not backed with a sound performance and a good track record.

    DisAgree [7] Agree [9] Reply Report Abuse

  • Avinash, Mangalore

    Wed, Jul 8 2020

    It is time that Antanio Maino and Raul Vinci and Priyanka Vadra come clean on the MOU signed with the Chinese Communist party when Antanio Maino was in charge during the UPA rule as India wants to know only the truth and what exactly was signed and why has it not been made public yet ???

    DisAgree [18] Agree [9] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Jul 8 2020

    Only Ambani, Adani & Ramdev are Happy ...

    DisAgree [11] Agree [21] Reply Report Abuse

  • Munna, Udupi

    Wed, Jul 8 2020

    Where is commonwealth Hero Suresh kalmadi now

    DisAgree [6] Agree [8] Reply Report Abuse

  • j.anata, Mangaluru / Bengaluru

    Wed, Jul 8 2020

    Your RIL and Adani shares? Laughing all way to banks!!??

    DisAgree [9] Agree [2] Reply Report Abuse


Title : MSME stand destroyed, large companies under stress: Rahul


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