Congress leader suggested that the former Congress-led UPA government had shielded India from the “economic storm” in 2008, adding that the government is “trying to turn you into slaves”. “The BJP government has attacked the informal sector. They are trying to turn you into slaves. In 2008, the world was hit by a severe economic storm. The United States, Europe, China, Japan – all of them were hit by the turbulence. In the US, banks were affected, firms were shut down. But India was not affected,” Mr Gandhi is heard saying in the video.

“I went to Manmohan Singh (the then-prime minister) and asked him- ‘The whole world has been hit by recession. Why is India unaffected?’ He said- ‘Rahul, you have to understand. India has two economic structures – formal, which has bigger firms, and informal, which includes MSMEs, farmers. As long as the informal sector is unaffected, the country can hold its ground’,” the Congress MP from Kerala’s Wayanad is heard recalling his conversation with the ex-prime minister.

“Demonetsation, GST and lockdown – these three moves by the BJP government have attacked the informal structure. It’s not correct to think that lockdown was a last-minute move, and that it wasn’t done deliberately. All these three moves were taken to hit the informal sector,” the ex-Congress chief adds.

“If Prime Minister wants to run the government, he needs media, marketing. The informal sector has a lot of money which the government can’t touch. They want to break this sector and extort this money from them. The effects of this attack on informal sector will be seen soon. The results will be that India won’t be able to produce jobs… because the informal sector produces 90 per cent of the jobs. Once the informal sector is destroyed India won’t be able to produce jobs,” he stresses.

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The investigations will focus on the alleged violation of laws like the Prevention of Money Laundering Act (PMLA), Income Tax Act, Foreign Contribution (Regulation) Act by the Gandhi family-run trusts, said a Home Ministry tweet.

The special director of the Enforcement Directorate will head the committee, the Home Ministry said.

The Rajiv Gandhi Foundation was established on June 21, 1991. The foundation works on a range of issues, including literacy, health, disability, empowerment of the underprivileged, livelihood and natural resource management. Its current focus areas are education, disability and natural resource management.

Congress President Sonia Gandhi is the Chairperson of the Rajiv Gandhi Foundation. Former Prime Minister Manmohan Singh, former Congress President Rahul Gandhi, his sister Priyanka Gandhi Vadra and senior Congress leader P. Chidambaram are members of the board.

The Centre’s move followed recent allegations launched by the ruling Bharatiya Janata Party (BJP) on the Congress and the Gandhi family claiming that China had funded the Rajiv Gandhi Foundation.

Last month, Union Minister Ravi Shankar Prasad, citing some documentary proof, sought an explanation from the Congress to explain why the Chinese Embassy donated about Rs 90 lakh to the Rajiv Gandhi Foundation.

The Congress has denied any wrongdoing and calls the investigation “political vendetta”. the Congress had said that RGF issue raised by the BJP was a “manufactured charge” and “diversionary tactic” to deflect attention from the border tensions at the Line of Actual Control (LAC) between India and China.

Last month, the ruling BJP accused the Congress of “brazen fraud”, alleging that when it was in power, the Manmohan Singh government donated money from the Prime Minister’s National relief Fund to the Rajiv Gandhi Foundation

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“At this moment, we stand at historic cross-roads. Our Government’s decisions and actions will have serious bearings on how the future generations perceive us. Those who lead us bear the weight of a solemn duty. And in our democracy that responsibility rests with the office of the Prime Minister. The Prime Minister must always be mindful of the implications of his words and declarations on our Nation’s security as also strategic and territorial interests,” Singh said.

He added, “China is brazenly and illegally seeking to claim parts of Indian territory such as the Galwan Valley and the Pangong Tso Lake by committing multiple incursions between April 2020 till date. We cannot and will not be cowed down by threats and intimidation nor permit a compromise with our territorial integrity. The Prime Minister cannot allow them to use his words as a vindication of their position and must ensure that all organs of the government work together to tackle this crisis and prevent it from escalating further.”

The senior Congress leader also reminded the government “that disinformation is no substitute for diplomacy or decisive leadership. The truth cannot be suppressed by having pliant allies spout comforting but false statements”.

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The former Prime Minister also referred to the Punjab and Maharashtra Co-operative (PMC) bank crisis and said the before one can fix the economy, one needs a correct diagnosis of its ailments and their causes. The government is obsessed with trying to fix blame on its opponent.

“When I was in office what happened did happen. There were some weaknesses. But you can’t claim that the fault lies with the UPA always. You have been in office for five years. Mainly passing buck to UPA is not enough,” said Dr Singh

On Tuesday, Nirmala Sitharaman had, at an event in the US, said she held the Manmohan Singh-Raghuram Rajan combination responsible for subjecting public sector banks to their “worst phase”.

Meanwhile I respect Dr. Manmohan Singh for telling me not to do the blame game, but recalling when and what went wrong during a certain period is necessary to put it in context,” adding that things went wrong during a period in which 

“I have no reason to doubt that Rajan feels for every word of what he is saying. And I’m here today, giving him his due respect, but also placing the fact before you that Indian public sector banks did not have a worst phase than when the combination of Singh and Rajan, as Prime Minister and the Governor of the Reserve Bank of India (RBI), had. At that time, none of us knew about it,” the Finance Minister had said at Columbia University’s .

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“The whole country knows there was theft in Rafale deal, people from the defence ministry wrote clearly that PM Modi is interfering in the deal that is why there is guilt. The name ‘Rafale‘ hurts, that is why Rajnath Singh ji went to France to collect Rafale,” Rahul Gandhi said.

Rahul Gandhi said the “industries are getting shut” in various parts of the country and “PM Narendra Modi has destroyed all the industries”.

You go to Pune, industries are getting shut down. You go to Gujarat, Dharavi, Mumbai anywhere, Narendra Modi has destroyed all the industries,” Rahul Gandhi said.

In an apparent reference to Isro’s lunar mission, Chandrayaan-2, Rahul Gandhi said, “Over 40 lakh people are unemployed and they [the government] only talk about the Moon. PM Modi, please speak about unemployment and farmers, or PMC bank scam at least. No, they won’t talk about it.”

“Youths don’t have any future and PM Narendra Modi is going to Corbett National Park and talking about the Moon but he won’t speak at all on the conditions of India.”

“The economy which built by former Prime Minister Manmohan Singh ji, everything is destroyed. Today no one wants to invest in India. Local businessmen are also leaving the country,” Rahul Gandhi said.

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The gesture by two of the Congress’s top leaders signaled the party’s stand that it would back its leaders all the way against what it calls politically-driven targeting.

Mr Chidambaram appreciated the visit in his tweets. “I am honoured that Sonia Gandhi and Dr.  Manmohan Singh called on me today. As long as the party is strong and brave, I will also be strong and brave,” his family tweeted on his behalf. Mr Chidambaram’s son Karti Chidambaram, who also went with the Congress leaders, said Sonia Gandhi had given “immense support” to his father and he and Dr Singh had a “long discussion about the state of the economy”. Last week, Congress leaders Ghulam Nabi Azad and Ahmed Patel had met Mr Chidambaram.

Mr Chidambaram is accused of facilitating in 2007, as the country’s finance minister, a huge infusion of foreign funds into the company INX Media. Karti Chidambaram is accused of receiving kickbacks for facilitating the process.

The Chidambarams were named by INX co-founders Peter and Indrani Mukerjea, who are in jail in Mumbai in connection with the murder of Indrani’s daughter Sheena Bora.

Mr Chidambaram, who celebrated his 74th birthday on Monday, “is in good health”. The former union minister has kept his Twitter timeline active from jail, targeting the government on various subjects including the economy.

This morning, he also tweeted on the grand “Howdy, Modi” event on Sunday at Houston, Texas, where Prime Minister Narendra Modi and US President Donald Trump addressed a giant crowd of Indian Americans.

Mr Chidambaram picked on PM Modi’s comment, “If you ask me ‘Howdy, Modi‘, I’ll say – Bharat mein sab  achha hai (everything is great in India)”.”

The former Union Minister responded: “Bharat mai sab achha hai. Except for unemployment, loss of existing jobs, lower wages, mob violence, lockdown in Kashmir and throwing Opposition leaders in prison.”

Earlier Sunday, Mr Chidambaram had also directed a jibe at the CBI for arguing in court that he was a flight risk. “I am thrilled to discover that according to some people, I will grow golden wings and fly away to the moon. I hope I will have a safe landing,” his family posted on his behalf.

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