Thread by @MumbaichaDon

Thread :

Today FM Nirmala Sitaraman Ji explained in Parliament.

Under UPA (08-09)

Revenue Loss : ₹2.12 Lakh Crore
Retail Inflation : 9.1%
Reason : Global Meltdown.

Under Modi Govt (20-21)

Revenue Loss : ₹9.57 Lakh Crore
Retail Inflation : 6.2%
Reason : Pandemic

(1/13)

I won't ask"Who did better?" I will throw light on how UPA Screwed Bharat's Economy

Nowadays,Rahul Gandhi & CONgress flatterers from Lutyens' media are constantly lamenting that PM Modi has ruined country's economy. Let me remind how devastation of country's economy looks
(2/13)

Where was "Rahul Fake Gandhi" when Nation's 5 lakh kg of gold was planned to be mortgaged in August 2013. Why did Rahul Gandhi and the CONgress "चाटुकार” journalists of Lutyens Media forget the embarrassing story of that terrible misery of the country's economy under UPA?
(3/13)

That date was August 29, 2013.
CONgress-led UPA Govt had completed 9 years & 3 months term. On same August 29, 2013, a sensational news published in the media had rattled the entire country. The image of the country at the international level was very badly tarnished.

(4/13)

The economic condition of the country had become so fragile that Central Minister of Commerce & Industry Anand Sharma had suggested that 5 lakh Kg of Gold of Nation should be taken out of treasury & be mortgaged.

Do you remember this?

(5/13)

Also note that there was only 5,57,000 Kg Gold in National treasury. In other words, Minister Anand Sharma was advicing to mortgage about 90% of gold in Nations possession. At that time, the market price (27,750 per ten grams) was Rs 1.38 Lakh Crore.

(6/13)

The so-called great economist, PM Maunmohan Singh, in 10th year of his tenure, had brought the Nation's economy to such a pitiable state.

Later,then Commerce Minister Anand Sharma, under pressure of the uproar in the Nation, had to say that my point was misrepresented.

(7/13)

But Anand Sharma's cleansing was blown away by events in next 2-3 months. Gold couldn't be mortgaged due to the tremendous criticism happening in Nation & world.

But, another back door to cover up Nation's miserable economy was opened by Maunmohan Singh's UPA government.

(8/13)

In last year of its rule, the UPA Govt borrowed a total of USD 26 billion (Rs. 2.23 lakh crore) between Sept to Dec 2013 in form of Foreign Currency Non-resident deposits {FCNR (B)}.

Who had to clear this liability along with interest?

Obviously....Successive Modi Govt.

(9/13)

And PM Modi cleared it in Sept 16 after Throwing Out Intellectually Bankrupt Raghuram Rajan as RBI Governor.

Why did Economy plunge so much as per "Economists" Maunmohan Singh, Chidambaram & Raghuram Rajan?....Cause of "Global Recession".

Really???

(10/13)

If Notional Loss of 1.8 Lakh Crore & 2 Lakh Crore due to 2G & Coal Scam wouldn't have been incurred (thanks to Corruption), Govt wouldn't have been forced to raise debt of ₹ 2.23 Lakh Crore, Right?

But...CONgress Priorities!!!!

I mentioned ONLY 2 scams out of numerous.
(11/13)

Let me mention at the end that the Modi government has not only repaid FCNR(B) debt with interest....but has increased Gold reserves of Nation from 557 tons in August 2013 to 705 tons on 30 June 21.

Next on cards is Repayment of Oil Bonds issued by UPA!!
(12/13)

Ps : 1. Read this confession of Raghuram Rajan, the then Governor of RBI (Obviously while Glorifying Himself)

indianexpress.com/article/busine…

Know and understand the false propaganda of CONgress, Communists & Lutyens Media.

(13/13)

@nsitharaman @MandarSawant184 @KiranKS @MeSavarkar @pallavict @AshokShrivasta6 @smitadeshmukh @SaffronSunanda

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