News
Indian Politician Criticizes Modi Government as Rupee Value Declines
Sanjay Raut, a Shiv Sena MP, has criticized Prime Minister Narendra Modi's government regarding the depreciation of the Indian rupee. Raut said the Prime Minister is prioritizing election campaigning over addressing inflation.
Speaking at a press conference, Shiv Sena (UBT) MP Sanjay Raut recalled a previous statement by Narendra Modi, when Modi was Chief Minister of Gujarat, that a falling rupee diminishes a country's credibility. Raut accused the Prime Minister of focusing on election campaigns instead of the dropping currency value. Raut also alleged that Modi and Shah are attempting to do 'khela' in West Bengal. According to ANI, Raut dismissed tensions in West Asia as the reason for the rupee's decline, asserting that the currency's value has been decreasing since Modi's term began.
Key Facts
- Sanjay Raut stated that the country's prestige falls when the rupee's value declines.
- Raut believes that Prime Minister Narendra Modi is no longer capable of leading India, given the faltering economy.
- Raut accused the Prime Minister of preparing to impose President's Rule to defeat Mamata Banerjee in West Bengal.
- Raut claims the rupee's decline began when Modi started his tenure.
- Raut stated that the government is silent on the matter and will remain so.
- Raut is a Member of Parliament with Shiv Sena (UBT).
Primary Source
Research Sources
- Asian News International (ANI) — "Modi Ji, ab jhola uthao or chale jaiye": Shiv Sena (UBT) MP Sanjay Raut slams Centre over inflation