India’s economy destroyed by demonetisation, flawed GST, failed lockdown: Rahul


New Delhi: Congress leader Rahul Gandhi has hit out at Union Finance Minister Nirmala Sitharaman by claiming that the Indian economy has been destroyed by three actions — demonetisation, flawed GST and a failed lockdown.

Nirmala on Thursday had said the economy has been hit by the Covid-19 pandemic, which is an ‘Act of God’, and it will see a contraction in the current fiscal.

Reacting to this, Rahul tweeted, “India’s economy has been destroyed by three actions: 1. Demonetisation, 2. Flawed GST, 3. Failed lockdown. Anything else is a lie.”

Speaking at the 41 GST Council meet on Thursday, Nirmala Sitharaman revealed that the pandemic has severely impacted GST revenues which have widened to Rs 2.35 lakh crore this year from a shortfall of Rs 70,000 crore last fiscal. The Center gave the option to the states that they can take a loan for the required revenue in the current financial year.