'Make in India', other schemes of government mere rhetoric: Yechury

CPI(M) general secretary Sitaram Yechury on Monday called the government's flagship 'Make in India' programme a "jumla" (rhetoric) as, he alleged, investments and exports in the manufacturing sector have dropped sharply in the past five years.

The 'Make in India' programme was also criticised by political leaders after the Vande Bharat Express, India's first semi high-speed train, broke down on Saturday while returning to the capital from Varanasi, a day after it was launched.

The locomotive-less train, previously known as Train18, was manufactured under the ambitious scheme by the Integral Coach Factory, Chennai.

"Modi's 'Make in India', like all his other schemes, has turned out to be a jumla and PR. Investment, employment, and exports in India's manufacturing sector have all declined sharply in the past five years," Yechury said on Twitter.

He said agricultural, manufacturing, employment and income growth are at a low under this government.

"Agricultural growth low, manufacturing growth low, employment growth low, income growth low... all things that matter to Indians are going lower under Modi. The only thing going up is the PR budget of Modi and jumlas from his speeches, as his cronies loot the banks," he said.

He alleged that the top "12 crony businessmen friends of this govt owe public money which is TWICE the entire farm loan waiver!"