New Delhi, Dec 4 (UNI) Priyanka Gandhi Vadra, All India Congress Committee general secretary and Wayanad MP, on Thursday criticized the government as the Indian rupee slipped past the 90-per-dollar mark, hitting a record low.
Speaking to the media, she questioned the government’s silence now, contrasting it with its criticism when the currency weakened during the Manmohan Singh government.
“What did they use to say when the dollar’s value was high against the rupee during the Manmohan Singh government? What is their response today? Ask them. Why are you asking me?”Priyanka said while speaking to media.
Her comments reflect growing public and political concern over the currency’s record low, which analysts attribute to capital outflows, rising crude prices, and delays in a major trade deal with the US.
Meanwhile, the government, through the Reserve Bank of India (RBI) and its economic team, has downplayed the fall. Chief Economic Adviser V. Anantha Nageswaran recently stated that the rupee’s depreciation is unlikely to significantly impact inflation or exports at present.
The decline comes amid weak trade and portfolio flows, coupled with growing uncertainty over the India-US trade deal.
Priyanka Gandhi slams Modi govt as Rupee falls past 90 against Dollar
