India success story awaits BJP: Rajnath

By Gourab Gupta, Kolkata, Sept 30 : Bharatiya Janata Party (BJP) President Rajnath Singh said the success of India awaits BJP's governance, for which the party is preparing a vision document of economic model, 80 percent of which has already been completed under the chairmanship of its former President Nitin Gadkari. Addressing a seminar on Outlook for a balanced economic growth, Rajnath said here on Monday: "Misgovernance, corruption, upsurge in Fiscal Deficit and Current Account Deficit (CAD) coupled with a deep slump in GDP have put the Indian economy on ventilator. People of India need a change in governance." The BJP chief compared the present UPA rule with Atal Bihari Vajpayee's governance and drew a conclusion in favour of his party, "During Vajpayee's rule, India was a strong current account surplus country. Now it's become a nation with strong current account deficit." The country's present CAD is USD 339 billion with the external debt rising upto USD 172 billion. Industrial growth rate has observed a downslide in minus during UPA regime, assessed Singh. Concerned about the country's status on the international plank, Singh asserted that one after another international rating agency's are putting India on junk status. Full service global investment banking and securities firm, Goldman Sachs has predicted India's growth to be not more than 4 percent despite all the claims by government. Singh also advocated an outlook of alternative Gandhian model for Indian growth and batted for the increase in purchasing capacity of Indian consumers. "People should be provided economic strength in the rural areas as was upheld by Gandhi," said Singh. Commenting on the Central Bureau of Investigation (CBI) court's judgement on former Bihar chief minister Lalu Prasad Yadav, Singh said, "Politician's credibility today has come under the scanner."

"We will provide the country with a transparent government," claimed Singh.

Reacting on West Bengal's current development status, the BJP head clarified that, "Regional imbalance is prevalent in Bengal. Development could have embraced Bengal in 35 odd years had the government done something here. We will try to fix the cracks of such states when we emerge as the victors in 2014 general elections."

On being asked about Congress Vice President Rahul Gandhi's move to dismiss the ordinance against disqualification of convicted lawmakers publicly, the BJP President said, "Rahul should not have slammed the government while the PM is abroad."

The government appeared red faced after the Congress scion baffled the country over his personal remarks on the the ordinance shielding the convicted MPs and MLAs by calling it a complete nonsense and should be torn up immediately a few days ago.

--IBNS (Posted on 01-10-2013)

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