Rahul Gandhi tweets, “Sensex just placed a solid 800 point No Confidence Motion against Modi’s budget”

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Congress President Rahul Gandhi on Friday took a dig at the union budget presented by Finance Minister Arun Jaitley.

Rahul Gandhi
File Photo: PTI

Taking to Twitter, Gandhi said the crash in stock market was indicative of the fact that the share market had ‘placed a solid 800 point no confidence motion’ in the budget. His tweet read, “In Parliamentary language, the Sensex just placed a solid 800 point No Confidence Motion against Modi’s budget.”

Gandhi had reacted sharply even on Thursday, moments after the budget was presented in the parliament by stating that ‘Thankfully, only 1 more year to go.’ He had said, “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.”

The BSE benchmark index Sensex had closed 839 points lower on Friday, a day after the budget announcement. This, according to reports, was because of the higher-than-expected fiscal deficit target for 2018-19 and imposition of new long-term capital gains tax on equities.

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