JOIN USThe Congress on Monday said that Prime Minister Narendra Modi’s ‘Make in India’ campaign has not yielded any result as industrial growth has declined in the last one year.
Addressing reporters, party spokesperson and Minister for Food and Civil Supplies Dinesh Gundu Rao said that the country’s economy has taken a beating in the past year with both industrial growth and exports declining when compared to the previous years. Industrial growth has gone down by 3.4 per cent, while there has been 11 per cent decline in exports in the last financial year, he added.
Entrepreneurs are reluctant to invest in the country. Modi came to power with the promise to create 10 crore employment opportunities but the government has been able to create only 17.5 lakh jobs. There has been an average 3.8 per cent increase in wages in the last one year, he said.
The Centre has failed to launch a new project replacing the existing urban renewal mission of the previous UPA government. Though a report has been submitted to the Centre on suburban rail in Bengaluru, it has not been approved. The proposed smart city project has remained a non-starter, he said.