Modi govt dealing with RCEP is like compounder operating on a patient: Ghulam Nabi Azad

Image
ANI General News
Last Updated : Nov 04 2019 | 5:50 PM IST

Congress leader Ghulam Nabi Azad on Monday said Prime Minister Narendra Modi-led government dealing with Economic Partnership Agreement (RCEP) is like a "compounder operating on a patient" in absence of a registered Doctor.

Mocking Centre, Azad said that both RCEP and GST were the schemes coined by the Congress and were in progress but the Modi government implemented it badly in haste.

"The Free Trade Agreement and RCEP, we were not against it, in fact, it started in our time. The doctor had given the dates to the patient for operation and meanwhile, the doctor got transferred and compounder operated on patient," said Ghulam Nabi Azad.

"The interest of our country should have been protected. Our Milk products, agricultural products, marine products etc should all have been protected. We have a trade deficit of US Dollar 70 Billion with China. China is dumping its products in world markets after RCEP several products of China would be dumped in Indian markets. Will China allow access to our products in its markets? There is no discussion on this issue," said Azad.

Leaders of thirteen Opposition parties met here on Monday to discuss the current economic situation.

Azad Further said that unemployment is highest in the last 50 years.

"The National Sample Survey Organisation (NSSO) data shows that unemployment is an all-time high. Unemployment is highest in the last 50 years and it is increasing every month. The unemployment in India is double that of the world average," said Azad.

"The GDP is falling day by day. There was a time when we were at the fifth position in terms of increasing economic growth but now we are at 7 and the rate is further falling day by day," he said.

"The number of educated unemployed youth is increasing. After demonetization unemployed youth and uneducated youth were forced to sit at their homes," he said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 04 2019 | 5:30 PM IST

Next Story