Congress MP Rahul Gandhi on Friday took another dig at Prime Minister Narendra Modi’s event ‘Howdy Modi!’to be held in Texas’s Houston.
Rahul Gandhi, while referring to the event, said in a tweet that the massive rise in the markets is a “jamboree”, while using a hashtag “#HowdyIndianEconomy”. Nobody can hide the reality of the economic mess the event has driven India too.
Rahul Gandhi said:
“Amazing what PM is ready to do for a stock market bump during his #HowdyIndianEconomy jamboree. At + 1.4 Lakh Crore Rs. the Houston event is the world’s most expensive event, ever! But, no event can hide the reality of the economic mess “HowdyModi” has driven India into.
The ‘Howdy Modi’ event has been billed by the organisers as the largest ever turnout for a foreign elected leader on US soil.
Adding to Rahul Gandhi’s tweet, Congress party drew PM Modi’s attention to the corporate tax rate of 30 per cent initially announced by the National Democratic Alliance government in the Union Budget this July. In a tweet, Congress questioned the initial move by the government despite many objections and yet the government today taking “another U-Turn”.
The Grand Old Party accused the government of not accepting responsibility for “destroying a thriving economy”.
Earlier in the day, Finance Minister announced the effective tax rate has been slashed from 35 per cent to 25.2 per cent, including all surcharges. It would also be applicable to companies that aren’t availing any incentives, she said at a briefing in Goa today.
Rahul Gandhi had earlier taken a dig at the prime minister over economic slowdown while also referring to the September 22 event in Houston, which will be attended by US President Donald Trump.
He had then tweeted:
“Howdy” economy doin’, Mr Modi? Ain’t too good it seems. #HowdyEconomy”
Congress has been weighing heavily on the current BJP government’s handling of the economy and has announced a nationwide protest against the same in the second half of October.