Amid a sea of global slowdowns, India’s economy stands tall, earning effusive praise from the IMF. This accolade has ignited a fresh political row, with BJP accusing Rahul Gandhi of spreading ‘malicious falsehoods’ about the nation’s finances.
The multilateral lender’s flagship report paints an optimistic picture: India leading major economies with 6.8% growth, driven by private consumption rebound, public capex, and disinflation trends. It also upgrades India’s outlook, signaling sustained vigor.
BJP’s counterpunch was swift and surgical. In a video statement, spokesperson Gaurav Bhatia declared, ‘Rahul Gandhi’s doom prophecy on Indian economy is in tatters. IMF confirms what every Indian feels—Viksit Bharat is real.’
The party has mobilized its vast digital army to juxtapose Gandhi’s parliamentary speeches with IMF graphs, aiming for maximum viral impact. This tactic underscores BJP’s media-savvy approach to narrative control.
Digging deeper, IMF appreciates India’s forex reserves at record highs and current account improvements, shielding against external shocks. Government policies on ease of doing business have attracted record FDI, fueling expansion.
Opposition ranks, however, decry the growth as jobless and elite-captured. Congress counters that IMF praise ignores ground realities like farmer woes and urban migration pressures.
Yet, BJP’s playbook remains unchanged: tie every positive global cue to Modi’s stewardship. With state polls on horizon, this IMF boost could fortify their economic supremacy claim.
Ultimately, as data duels rhetoric, India’s trajectory affirms its pivotal role in reshaping global growth maps, leaving skeptics to grapple with inconvenient truths.