Hyderabad, Nov 30 : Blaming the Centre’s policies for the country’s economy sliding into recession, Telangana Rashtra Samithi (TRS) Working President K.T. Rama Rao challenged it to show 20 people who have benefited from its Rs 20 lakh crore stimulus package.
“For 15 days I have been meeting businessmen and others but did not find a single man who was benefited from Rs 20 lakh crore package. May be all 20 lakh benefited in Gujarat,” Rama Rao told a select group of journalists on the eve of elections to Greater Hyderabad Municipal Corporation (GHMC).
The state Industry and Information Technology Minister said after eight consecutive quarters of slowdown, the economy was pushed into lockdown and now into recession.
“Our GDP growth rate is less than that of Bangladesh and Sri Lanka. Who is responsible for this,” he asked.
KTR, as the minister is popularly known, also reminded the BJP of its promise to create 2 crore jobs every year. He said this was also a ‘jumla’ like Rs 15 lakh in every bank account and bringing back black money.
“Where are 12 crore jobs. Even the existing jobs are being eliminated not to talk about new jobs,” he said referring to the government’s move to privatise Air India and Life Insurance Corporation (LIC).
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