Rahul Gandhi Criticizes Government Officials For Stock Market Fluctuations

Congress leader Rahul Gandhi has raised concerns over the recent remarks made by top government officials about the stock market during the election period. Gandhi pointed out that Prime Minister Narendra Modi, Union Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman all made public statements about the stock market’s performance, which he finds unprecedented. […]

by Vishakha Bhardwaj - June 6, 2024, 5:51 pm

Congress leader Rahul Gandhi has raised concerns over the recent remarks made by top government officials about the stock market during the election period. Gandhi pointed out that Prime Minister Narendra Modi, Union Home Minister Amit Shah, and Finance Minister Nirmala Sitharaman all made public statements about the stock market’s performance, which he finds unprecedented.

“For the first time, we observed that during elections, the Prime Minister, the Union Home Minister, and the Finance Minister commented on the stock market. The Prime Minister said that the stock market is rising at a great speed. The Union Home Minister said that on June 4, the stock market will be on the rise and encouraged investments, and the Finance Minister echoed similar sentiments,” Gandhi stated.

He specifically highlighted remarks made by Amit Shah and Modi. “Amit Shah advised people to buy shares before June 4, and on May 19, PM Modi predicted that the stock market would break records on June 4,” he added.

Gandhi’s criticism comes amid scrutiny of the government’s influence on economic indicators during the election period, suggesting a potential conflict of interest and questioning the appropriateness of such statements from high-ranking officials.