Discover and read the best of Twitter Threads about #RahulGandhiSpeaksOnEconomy

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In his 1st video of #RahulGandhiSpeaksOnEconomy series RahulJi spoke about informal sector economy

Today Raghuram Rajan:
1️⃣ The reported 23.9% contraction in the economy is likely to be even worse when informal sector data is accounted for. (1/3)
bloombergquint.com/business/india…
2️⃣ Without relief, households skip meals, pull their children out of school, send them to work or to beg, pledge their gold to borrow, let EMIs and rent arrears pile up.

Similarly, without relief, small and medium firms stop paying workers, let debt pile up or close permanently
3️⃣ The recent pick-up in sectors like auto is not evidence of the much awaited V-shaped recovery. It reflects pent-up demand and will fade as we go down to the true level of demand in the damaged, partially-functioning economy (3/3)

#RahulGandhiSpeaksOnEconomy
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देश की अर्थव्यवस्था भाजपा सरकार द्वारा असंगठित क्षेत्र पर आक्रमण का खामियाजा भुगत रही है। भाजपा सरकार इसे 'एक्ट ऑफ गॉड' बताकर बचना चाहती है।

श्री @RahulGandhi अपने वीडियो संदेश में अर्थव्यवस्था और आप सब पर भाजपाई आक्रमण के प्रति आगाह कर रहे हैं।
#RahulGandhiSpeaksOnEconomy
Let's talk Economy. The BJP govt. has attacked the informal structure. There is an attempt to turn you into a slave: Shri @RahulGandhi
#RahulGandhiSpeaksOnEconomy
In 2008, the world was hit by an economic storm. It affected the entire world, US, Japan, China, everywhere. In the US banks fell, corporations fell & companies shut down, in Europe also banks fell, but India was unaffected: Shri @RahulGandhi
#RahulGandhiSpeaksOnEconomy
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