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As rupee slides, Opposition din scales new heights

Many Congress leaders dug out videos and tweets of BJP leaders pre-2014, particularly of Modi, in which they had targeted the then UPA regime.

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A sliding rupee, which touched a historic low of 70 on Tuesday, gave fresh ammo to the Opposition to target the BJP and Prime Minister Narendra Modi.

Many Congress leaders dug out videos and tweets of BJP leaders pre-2014, particularly of Modi, in which they had targeted the then UPA regime.

Responding to the criticism, the government said there is hardly a cause for worry and the fall has been prompted by "external factors".

Congress president Rahul Gandhi tweeted an old video of Modi where he is seen attacking the UPA over a falling rupee. In his tweet, Gandhi asked his followers to listen to what he termed as Modi's "master class on economics" and said that the rupee has given Modi a "vote of NO confidence (sic)".

Party spokesperson Randeep Surjewala said the situation is the outcome of "Modinomics". "The Modi government has sent the rupee to the 'Margdarshak Mandal'. What the Congress party could not achieve in 60 years, Modi ji and his careless economic policies have achieved in 60 months."

Ashok Gehlot, Kapil Sibal and Jyotiraditya Scindia were among the other senior Congress leaders who lashed out at the government.

"Even if the rupee falls to 80 per dollar, it will not be a concern provided all other currencies depreciate in the same range, said Economic Affairs Secretary Subhash Chander Garg.

BJP's estranged ally, the Shiv Sena, too, attacked the government. Yuva Sena president Aditya Thackeray took to Twitter and said that while the aim was to bring the rupee on an equal pedestal to the dollar, as it was 70 years ago when India gained Independence, the current situation is quite the opposite, as "at 71 years of Independence, we are touching 70".

"No amount of silencing voices, fudged statistics can hide the Govt's total failure and incompetence in handling the Economy. The Rupee loudly tells that story! (sic)," tweeted the CPI (M).

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