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Shiv Sena slams Modi government over falling rupee, state of economy

The party’s mouthpiece ‘Saamana’, in an editorial, said India is moving towards becoming a “banana republic”

mumbai Updated: Sep 06, 2018 00:48 IST
HT Correspondent
HT Correspondent
Hindustan Times
Shiv Sena,Narendra Modi,BJP
Shiv Sena chief Uddhav Thackeray(HT Photo)

The Shiv Sena on Wednesday attacked the Bharatiya Janata Party (BJP)-led government over the rupee’s continuing slide against the US dollar (USD) and the “declining” Indian economy, saying all the Centre had done was to blame the Congress and former Reserve Bank of India (RBI) governor Raghuram Rajan for it. The party’s mouthpiece ‘Saamana’, in an editorial, said India is moving towards becoming a “banana republic”.

“The blame of the declining economy was put on the Congress government, and on Raghuram Rajan. Tell us what you have done! The government has nothing to say,” the editorial read.

Stating that the rupee closed at 71.21 against the USD on Monday, the Sena added, “Earlier prime minister Modi, in his speeches, used to say how the Congress destroyed the Indian economy. He has been in power for the last four years, why is he forgetting that now.”

In a sharp attack on the prime minister, the Sena through the editorial said that the government’s measures were “removing the Nehru Memorial at Teen Murti Bhavan, conducting elections through EVMs [as opposed to ballot papers], accusing Rahul Gandhi of being incapable and his eating non-vegetarian food while visiting Manasarovar.”

The Sena is a key ally of the BJP-led National Democratic Alliance and shares power with the party in Maharashtra and at the Centre. However, as ties between the two parties have soured since 2014, the Sena has been criticising the policies and steps taken by the Narendra Modi-led government.

The Sena said that the state of the Indian economy is so bad that the rupee has now entered “the morgue” and soon “a post-mortem would have to be performed”.

The party also attacked the BJP over rising fuel prices (“[the price of] petrol will soon cross R100”), increasing unemployment and distress among farmers. “No new businesses are ready to invest [in India] due to the present administration and hence employment has not been generated. The scenario is heart-wrenching and we are on our way to becoming a banana republic,” the editorial said.

First Published: Sep 06, 2018 00:48 IST