{"id":165399,"date":"2025-01-14T09:05:12","date_gmt":"2025-01-14T04:05:12","guid":{"rendered":"https:\/\/kmsnews.org\/kms\/?p=165399"},"modified":"2025-01-14T09:05:12","modified_gmt":"2025-01-14T04:05:12","slug":"opposition-slams-modi-govt-over-indian-rupees-historic-fall","status":"publish","type":"post","link":"https:\/\/kmsnews.org\/kms\/2025\/01\/14\/opposition-slams-modi-govt-over-indian-rupees-historic-fall.html","title":{"rendered":"Opposition slams Modi govt over Indian rupee&#8217;s historic fall"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-165400\" src=\"https:\/\/kmsnews.org\/en\/wp-content\/uploads\/2025\/01\/ram-ramesh.jpg\" alt=\"\" width=\"300\" height=\"168\" \/><\/p>\n<p>New Delhi: The Indian rupee plummeted to an all-time low of INR 86.59 against the U.S. dollar, prompting fierce criticism from Opposition leaders who accused the Narendra Modi-led government of economic mismanagement and incompetence.<\/p>\n<p>According to Kashmir Media Service, Congress general secretary Jairam Ramesh, in a scathing post on X, highlighted the rupee\u2019s decline since Modi took office in 2014. \u201cWhen Mr. Modi became PM, the rupee was at INR 58.58 to the dollar. He mocked his predecessor, linking the rupee\u2019s value to the PM\u2019s age. Now, as he approaches 75, the rupee is past INR 86. Who\u2019s accountable for this collapse?\u201d Ramesh quipped.<\/p>\n<p>CPI general secretary D. Raja expressed concern over India\u2019s mounting foreign debt, exceeding INR 200 lakh crore, and questioned the government\u2019s promises of economic growth. \u201cMr. Modi equated the rupee\u2019s value to national honor when he was Gujarat CM. What happens to the nation\u2019s honor now?\u201d Raja asked, referring to Modi\u2019s previous statements.<\/p>\n<p>Shiv Sena leader Priyanka Chaturvedi criticized the government\u2019s silence on the issue. \u201cThe country wants answers, Mr Prime Minister. Why is the rupee the only currency falling against the dollar?\u201d she questioned in a social media post.<\/p>\n<p>Trinamool Congress MP Saket Gokhale also blamed the government\u2019s economic policies, calling the fall a reflection of deeper issues. \u201cGrowth is at a three-year low, inflation is out of control, and crude oil prices are surging. While the economy crumbles, PR Modi remains in denial,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: The Indian rupee plummeted to an all-time low of INR 86.59 against the U.S. dollar, prompting fierce criticism from Opposition leaders who accused the Narendra Modi-led government of economic mismanagement and incompetence. According to Kashmir Media Service, Congress general secretary Jairam Ramesh, in a scathing post on X, highlighted the rupee\u2019s decline since &hellip;<\/p>\n","protected":false},"author":1,"featured_media":165400,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[5],"class_list":["post-165399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","tag-top-story"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/kmsnews.org\/kms\/assests\/2025\/01\/ram-ramesh.jpg","_links":{"self":[{"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/posts\/165399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/comments?post=165399"}],"version-history":[{"count":0,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/posts\/165399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/media\/165400"}],"wp:attachment":[{"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/media?parent=165399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/categories?post=165399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kmsnews.org\/kms\/wp-json\/wp\/v2\/tags?post=165399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}