BJP MP Subramanian Swamy has once questioned the economic policies of the central government. He has said that it is more difficult to fulfill PM Narendra Modi’s dream of GDP of 5 trillion dollars. Referring to the data, he asked why the Reserve Bank of India is not interfering in this matter.
He said, “Our GDP has fallen from $3 trillion to $2.9 trillion in a week. The forex rate has also risen from 75 to 77. Once it reaches 80, the GDP will also be $ 2.8 trillion. In such a situation, our target of 5 trillion dollars is difficult to meet. Our reserves of foreign exchange also stand at $640 billion. He said that in such a situation the Reserve Bank should intervene. Why is he not giving?”
Earlier, BJP Rajya Sabha MP Subramanian Swamy, who surrounded his own government on different issues, once again targeted the central government led by Prime Minister Modi. BJP MP Subramanian Swamy tweeted a few days ago that Modi government is failing in economy and foreign policy. At the same time, he said that he is ready to help the government but pride is a big obstacle in this.
A few months back, Swamy had released the report card of the Modi government by tweeting. In this he wrote, “Report card of Modi government – Failed in economy, Failed in border security, Failed in foreign policy in Afghanistan, Pegasus case regarding national security, Disappointment in internal security in Kashmir, Who is responsible for all this ? – Subramanyam Swami”
RBI had expected consumer price index inflation (CPI) to reach 5.7 per cent in the fourth quarter of the current financial year, up from 5.69 per cent currently. Whereas in the financial year 2022-23 people can get relief from inflation. According to RBI, consumer price index inflation (CPI) may remain at 4.5 percent. Inflation is expected to be 4.9 per cent in the first quarter of 2022-23, 5 per cent in the second quarter, 4 per cent in the third quarter and 4.2 per cent in the fourth quarter.