Rahul Gandhi Slams Modi Govt Over Inflation, Says 'Increase In GDP Means Increase In Gas, Diesel, Petrol Prices'

"When UPA left in 2014, LPG cylinder was priced at Rs 410/cylinder. Today, it costs Rs 885/cylinder - a rise of 116 per cent," Rahul Gandhi pointed out.

Congress leader Rahul Gandhi

Congress leader Rahul Gandhi on Tuesday lashed out at Prime Minister Narendra Modi-led Central government over the country's economic condition.

"In the last 7 years, we have seen a new economic paradigm. Demonetisation on one side, and monetisation on the other side," Rahul Gandhi said during a press conference on Wednesday. 

Further hitting out at the PM and Finance Minister, Rahul Gandhi said, "First Modi ji said that he is undertaking demonetisation and Finance Minister says that she is undertaking monetisation. The people are asking what is undergoing monetisation, and what is being subjected to demonetisation."

Former Congress President also accused the government of troubling the common man.

"Farmers, labourers, small and medium businesses, MSMEs, salaried class, govt employees and honest industrialists are being demonetised," he said.

The Wayanad MP also tore into the Bharatiya Janata Party (BJP) government said that only a few people are getting all benefits. "Who is being monetised? 4-5 friends of Narendra Modi ji - economic transfer is being done," he added.

Further slamming the government for inflation, Rahul Gandhi said, "Modi ji keeps saying that GDP is rising, Finance Minister says that GDP is showing an upward projection. I then understood what does it mean by GDP. It means 'Gas-Diesel-Petrol'. They have this confusion."

He also pointed out the rates of LPG cylinder, diesel and petrol during Congress regime in 2014

"When UPA left in 2014, LPG cylinder was priced at Rs 410/cylinder. Today, it costs Rs 885/cylinder - a rise of 116 per cent. Petrol was Rs 71.5/litre in 2014, today it's Rs 101/litre - a rise of 42 per cent. Diesel was priced at Rs 57/litre in 2014, it's Rs 88/litre today," he noted.

"People can argue that there is a rise in prices of petrol and diesel in the international market. During the UPA govt in 2014, crude oil was priced at Rs 105, today it's Rs 71 - it was 32 per cent higher at our time. Gas was priced at Rs 880 in our time, today it's Rs 653 - 26 per cent lower today," he pointed out.