Jairam Ramesh criticized PM Modi's 'hum do humaare do' policy, accusing it of draining household savings and linking it to Dadabhai Naoroji's Drain Theory.
Congress General Secretary Jairam Ramesh criticized PM Modi's 'hum do humaare do' policy, accusing it of draining household savings to cronies. Ramesh linked this to Dadabhai Naoroji's Drain Theory of the British Raj, suggesting a similar wealth transfer today. He stated that since 2014, India's net household savings have decreased by Rs 9 lakh crore in three years, while loans to households have doubled.
May 09, 2024
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