“Distractions Through Media Won’t Help The Poor”: Rahul Gandhi’s Jibe At Centre

“RBI has now confirmed what I have been warning for months,” Rahul said this morning in a tweet.

Congress leader Rahul Gandhi, in a new attack on the government, said the “distractions through the
media won’t help the poor”, sharing a news article on RBI’s comments on the economic crisis unfolding because of the pandemic.

“RBI has now confirmed what I have been warning for months,” Rahul said this morning in a tweet.
Shedding some suggestions for the government, the Gandhi scion added: “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 said in an indirect swipe at the government.

RBI has now confirmed what I have been warning for months.

Govt 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. pic.twitter.com/OTDHPNvnbx

— Rahul Gandhi (@RahulGandhi) August 26, 2020

On Tuesday, warning of economic contraction till September, the RBI said: “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 RBI also added that the pandemic has hampered the economies of over 200 countries bringing economic activities to a standstill.

The central bank also added that the pandemic has affected the supply of notes.

“The supply of banknotes during 2019-20 was also lower by 23.3 percent than in the previous year mainly due to the disruptions caused by the outbreak of COVID-19 and the ensuing lockdown,” the report mentioned.