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Shiv Sena (UBT) Says GDP Growth Masks Rupee, Jobs Crisis

Shiv Sena (UBT) Says GDP Growth Masks Rupee, Jobs Crisis
Soaring GDP can't hide rupee fall, joblessness: Shiv Sena(UBT) in 'Saamana' · thehansindia.com

Shiv Sena (UBT) says strong GDP numbers do not show how many people are struggling.

Prime Minister Narendra Modi celebrated reported quarterly growth of 7.8 percent.

The party says many families still need free food grains to survive.

It also points to farmer suicides and rising unemployment.

Prices for milk, onions, jaggery, fuel and tea have gone up, according to the editorial.

The party says these increases make daily life harder for poorer people.

It says farmers are also worried because agricultural growth has slowed and monsoon rain has been weak.

The editorial argues that a falling rupee and inflation matter more to ordinary families than headline GDP figures.

Key facts

Reported quarterly GDP growth
7.8%
People cited as relying on free food grains
85 crore citizens
Farmer suicides cited
More than 7,000 in one year
Maharashtra unpaid contractor bills
More than Rs 90,000 crore
PM CARES Fund balance cited
Rs 10,000 crore unspent
Agricultural growth
Reportedly slowed from 4.4% to 3.6%
Mumbai milk-price increase
Rs 9-10 per litre from September 1

Quotes

Shiv Sena (Uddhav Balasaheb Thackeray) editorial

Editorial published in the Shiv Sena (Uddhav Balasaheb Thackeray)'s mouthpiece Saamana

“Milk prices in Mumbai jumped by Rs 9-10 per litre on September 1. Jaggery prices have escalated by 25 per cent, while onion prices have crossed Rs 50 per kg. CNG prices have escalated alongside domestic PNG gas (up by Re 1 per unit). Hikes across petrol, diesel, and CNG are driving up auto-rickshaw and taxi fares nationwide. Driven by sugar and milk inflation, even a basic 'cutting tea' now costs Rs 13, directly impacting lower-income daily wage earners”
thehansindia.com
“If the nation is reaching unprecedented heights of progress, the fundamental question remains why must 85 crore citizens depend on free food grains just to survive?”
thehansindia.com

Sources

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