Rupee Falling against Dollar: AICC Press Briefing By Manish Tewari at Congress HQ

Rupee Falling against Dollar: AICC Press Briefing By Manish Tewari at Congress HQ

Key Points of Press Briefing

- PM Modi in 2013 said ''there's a competition between Congress and rupee and who will fall lower?''. Today the rupee is trading at ₹69/$1. Now it seems to be a competition between BJP and rupee on who will fall lower.

- Today rupee has lost value and Prime Minister has lost his grace.

- When rate of bank deposit growth slows down, it signifies people's erosion of trust on banks.

- PM had used EPFO data to claim 70 lakh new jobs were created in FY 2017-18. But the revised data released by EPFO now shows that, enrollment has been reduced by 12.58%.

- Economy of this country has become a rudderless boat, without a proper Finance Minister to take charge of issues.

- Agrarian distress is at its peak but govt is prioritising to legalise betting/gambling in sports without taking in consideration the social implications.