Congress leader Rahul Gandhi this morning, in a fresh barb at the government, said that "distractions through media won't help the poor" as he tweeted about the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic.
"RBI has now confirmed what I have been warning for months," the 50-year-old ex-Congress chief tweeted this morning along with a news report.
He then made a few suggestions. "Government needs to: Spend more, not lend more. Give money to the poor, not tax cuts to industrialists. Restart economy by consumption."
"Distractions through media won't help the poor or make the economic disaster disappear," he added. On Tuesday, the RBI warned of economic contraction till September. "More protracted spread of the coronavirus pandemic, deviations of the monsoon from the predicted normal rains and global financial market volatility are key downside risks to growth," the central bank said in its annual document.
Congress leader Rahul Gandhi this morning, in a fresh barb at the government, said that "distractions through media won't help the poor" as he tweeted about the Reserve Bank of India's latest warning on economic contraction amid the novel coronavirus pandemic.
"RBI has now confirmed what I have been warning for months," the 50-year-old ex-Congress chief tweeted this morning along with a news report.
He then made a few suggestions. "Government needs to: Spend more, not lend more. Give money to the poor, not tax cuts to industrialists. Restart economy by consumption."
"Distractions through media won't help the poor or make the economic disaster disappear," he added. On Tuesday, the RBI warned of economic contraction till September. "More protracted spread of the coronavirus pandemic, deviations of the monsoon from the predicted normal rains and global financial market volatility are key downside risks to growth," the central bank said in its annual document.