‘Why exist traffic jams if auto industry is down’: BJP MP Virendra Singh Mast refutes financial slowdown in LS
Denying any situation of the prevailing monetary slowdown in the country, BJP Lok Sabha MP Virendra Singh Mast on Thursday claimed that if you have a drop in vehicle revenue then how come there visitors jams around the roads. He also accused the opposition of producing an atmosphere of the monetary slowdown in the nation to defame the federal government.
Virendra Singh Mast, a Member of Parliament from Ballia in Uttar Pradesh stated that an atmosphere of the monetary slowdown is being designed to defame the government.
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“An atmosphere is being produced that there is an financial slowdown. To defame the nation and authorities folks are saying that the automobile sector has slowed down. If there is a drop in vehicle sales then why are there traffic jams on the roadways? You can find 20 cars in just one residence. You never choose what ought to be the relation between customer and manufacturing,” he said in Lok Sabha nowadays as documented by reports company ANI.
Virendra Singh Mast, BJP MP in Lok Sabha: To defame the country and government people are stating that the automobile sector has slowed straight down. If there is a decline in car sales then how come there targeted traffic jams around the roadways?
The opposition parties have been criticising the federal government within the existing status in the economic climate and have also raised the matter in the continuous Winter Session from the Parliament.
Just recently, Opposition MPs got walked from Rajya Sabha during Financial Minister Nirmala Sitharaman’s reply around the economic circumstance of the country.
Moody’s Investors Support had said that India’s monetary slowdown is lasting over previously expected and pegged its forecast for that gross residential item (GDP) growth of the country at 5.6 per cent in 2019 calendar year.
“We have adjusted lower our growth forecast for India. We now forecast slower real GDP development of 5.6 per cent in 2019 from 7.4 percent in 2018,” it said inside the Global Macro View for 2020-21.