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Farmers earning less than before but govt waiving unpaid loans of cronies: Yechury

Press Trust of India  |  New Delhi 

The is focussed on waiving unpaid loans of its cronies and abetting their escape from the country even as farmers income has gone down,CPI (M) alleged Monday.

Expressing concern over on the country's rural distress, Yechury in a tweet said farmers are earning less than what they were before.

"GDP deflator for agriculture is negative for the first time in many years which means that farmers are earning less than what they were before. But Modi govt is focused on waiving off unpaid loans of cronies and abetting escape of looters," Yechury tweeted.

He further alleged that the has hurt the sanctity of India's data.

"The Modi govt has not only destroyed India's economy with its Jumlanomics, but it has also hurt the credibility of India's data. We demand that this fraudulent data be withdrawn," tweeted Yechury.

India's economy grew at 7.1 per cent in July-September, lowest in three quarters.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 03 2018. 15:40 IST