<p>Slamming the Modi government, Leader of Opposition in the Lok Sabha <a href="https://www.mid-day.com/news/india-news/article/savarkar-preferred-manusmriti-to-constitution-rahul-pokes-bjp-23447067" target="_blank" rel="none noopener">Rahul Gandhi</a> on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation.</p>
<p>Tagging a media report which said that trade deficit and imports are at an all-time high, Gandhi hit out at the <a href="https://www.mid-day.com/news/india-news/article/rahul-requests-om-birla-to-expunge-remarks-by-bjp-23445191" target="_blank" rel="none noopener">Modi government</a>.</p>
<p>"What happens when a government prioritises crony businesses over play-fair businesses?" Gandhi said.</p>
<p>"Result: Weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation," he said in a post on X.</p>
<p>After recording double-digit growth in October, India's exports in November contracted by 4.85 per cent year-on-year to USD 32.11 billion, while the trade deficit widened to an all-time high of USD 37.84 billion due to record surge in gold imports.</p>
<p>According to the commerce ministry data, imports rose by 27 per cent year-on-year to a record USD 69.95 billion in November due to high inbound shipments of vegetable oil, fertiliser, and silver.</p>
<p>Gold imports during the month under review soared to an all-time high of USD 14.8 billion as against USD 3.5 billion in November 2023.</p>
<p>Cumulatively, during April-November this fiscal, exports increased by 2.17 per cent to USD 284.31 billion and imports by 8.35 per cent to USD 486.73 billion.</p>
<p>Trade deficit, the difference between imports and exports, during April-November widened to USD 202.42 billion from USD 170.98 billion during April-November 2023.</p>
<h2>Congress demands resignation of Amit Shah over Ambedkar remarks</h2>
<p>The <a href="https://www.mid-day.com/news/india-news/article/our-govt-strengthening-constitution-cong-repeatedly-mutilated-it-after-tasting-blood-pm-modi-23446971" target="_blank" rel="none noopener">Congress</a> on Wednesday demanded the resignation of Home Minister Amit Shah for his remarks in the Rajya Sabha which it claimed were an insult to B R Ambedkar.</p>
<p>The opposition party also demanded that Shah should apologise publicly and in Parliament for his remarks.</p>
<p>The Congress on Tuesday alleged that Shah's remarks in the Rajya Sabha during a debate on the Constitution show that the BJP and the RSS leaders have a "lot of hatred" for Ambedkar and demanded an apology from him.</p>
<p>Leader of Opposition in the <a href="https://www.mid-day.com/news/india-news/article/modi-adani-ek-hain-oppn-mps-don-jackets-stage-protest-23441356" target="_blank" rel="none noopener">Lok Sabha</a> Rahul Gandhi had said those who believe in Manusmriti will definitely be at odds with Ambedkar.</p>
<p><strong>(With inputs from Agencies)</strong></p><p>
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Leader of Opposition in the Lok Sabha Rahul Gandhi said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector

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Tagging a media report which said that trade deficit and imports are at an all-time high, Rahul Gandhi hit out at the Modi government

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