With declining growth economy is in coma: Log Party

DN&V Correspondent

Lucknow: January 31 The Log Party today said bleak economic condition in the country is unlikely to be improved in near future. The Log Party said the Indian economy which is in coma, appeared to be headed for further downward trend in next financial year (2020-21).

The spokesman of the Log Party headed by former Secretary Government of India Vijay Shankar Pandey said here on Friday all the internal and external surveys have presented a grim economic scenario with continuous decline in GDP. The spokesman said that in view of the prevailing bad economic condition there is no possibility of improvement in the future also thereby further affecting the poor people. The spokesman said possibility of any major initiative aimed at resolving the serious problem also appeared to be far-fetched even in next year’s budget which will be presented in Lok Sabha tomorrow. The spokesman said unfortunately the crisis is absent from the political narratives in Delhi assembly elections. The spokesman said woes are compounded by the disaster in agriculture. On farm sector quarter after quarter growth is also disappointing, showing that the basic impulses are missing in each agricultural season which reflected policy inadequacy in implementation, the spokesman added.

Calling upon the people to be vigilant of prevailing economic crisis caused by directionless NDA government, the spokesman said the people seek explanation from the NDA about its performance on this front. Instead of swaying away by emotional slogans, communal and casteist overtures, the spokesman appealed to the people to pressure the government for corrective measures. The spokesman said Log Party has introduced a concept of new politics based on honesty, transparency and good governance. The spokesman said it would be possible only by overthrowing the present lot of highly corrupt politicians in the country.

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