Taking a dig at Prime Minister Narendra Modi over the Union Budget 2018, Congress President Rahul Gandhi on Friday said the stock market has given a “no confidence motion” against it, after the Sensex fell by over 800 points.
“In Parliamentary language, the Sensex just placed a solid 800 point No Confidence Motion against Modi’s budget. #BasEkAurSaal,” Gandhi tweeted.
In Parliamentary language, the Sensex just placed a solid 800 point No Confidence Motion against Modi’s budget. #BasEkAurSaal
— Office of RG (@OfficeOfRG) February 2, 2018
The hashtag #BasEkAurSaal was trending at number one yesterday on social media platform Twitter.
On February 1, Gandhi alleged that in four years, Narendra Modi-led NDA Government had failed to create any employment and give any relief to farmers.
“4 years gone; still promising FARMERS a fair price. 4 years gone; FANCY SCHEMES, with NO matching budgets. 4 years gone; no JOBS for our YOUTH. Thankfully, only 1 more year to go. #Budget2018,” he tweeted.
4 years gone; still promising FARMERS a fair price.
4 years gone; FANCY SCHEMES, with NO matching budgets.
4 years gone; no JOBS for our YOUTH.
Thankfully, only 1 more year to go.#Budget2018— Office of RG (@OfficeOfRG) February 1, 2018
Benchmark equity index BSE Sensex suffered the worst in more than two years today as the Budget proposals on taxing equities hurt investor sentiment.
The index slipped by 840 points — its biggest single-day slump since August 24, 2015 — while the broader NSE Nifty 50 tanked over 250 points to finish below the 10,800- mark.