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Congress Faces Internal Turmoil in Bahadurgarh as Rajesh Joon Resigns Over Ticket Denial

  Congress Faces Internal Turmoil in Bahadurgarh as Rajesh Joon Resigns Over Ticket Denial The Congress party is experiencing a fresh wave of dissent in Bahadurgarh ahead of the 2024 Haryana Assembly elections, as Rajesh Joon has resigned from the party in protest against being denied a ticket. Joon, who previously served as the party's Bahadurgarh president, expressed his disappointment over the decision, which he believes undermines the contributions of dedicated party workers. This incident marks a continuation of the internal strife within the Congress, reminiscent of previous rebellions in the region. Joon's resignation has raised concerns about the party's unity and its ability to secure votes in the upcoming elections, particularly as it seeks to regain ground against rival parties. In his resignation statement, Joon emphasized the need for the party leadership to consider the aspirations of grassroots members and to foster a more inclusive decision-making process. T...
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RBI Governor Shaktikanta Das Links Q1 GDP Decline to Model Code of Conduct and Spending Cuts

 RBI Governor Shaktikanta Das Links Q1 GDP Decline to Model Code of Conduct and Spending Cuts

RBI Governor Shaktikanta Das has attributed the decline in India's GDP for the first quarter to the implementation of the Election Commission's model code of conduct, which led to reduced government spending. Despite this setback, Das reassured that the overall growth trajectory of the Indian economy remains robust.
Shaktikanta Das

Economic Context

The Reserve Bank of India (RBI) recently reported a contraction in GDP growth, which Das explained was influenced by the temporary slowdown in public expenditure due to the upcoming elections. He emphasized that this reduction in spending was a necessary measure to maintain electoral integrity.

Confidence in Growth

Das expressed confidence in India's economic fundamentals, stating that the long-term growth story is intact. He highlighted that various sectors are poised for recovery once the elections conclude and government spending resumes its normal pace.The RBI continues to monitor economic indicators closely, and Das remains optimistic about the resilience of the Indian economy in the face of short-term challenges.

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