Congress pioneer Rahul Gandhi on Wednesday targetted the legislature over the condition of the economy, expressing that it needs to go through more and give extra cash to the poor to restart the economy through utilization.

"RBI has now confirmed what I have been warning for months. Govt needs to: spend more, not lend more," Gandhi said. "Give money to the poor, not tax cuts to industrialists. Restart economy by consumption," the former Congress chief tweeted.

Sharing an Indian Express report, Gandhi said "interruptions" through media won't help poor people or make the "monetary fiasco vanish".

Rahul Gandhi's attack on the government came after the RBI said that demand in the economy will take quite some time to mend

The most recent salvo by Gandhi comes a day after the RBI demonstrated that the economy which is required to contract unexpectedly, will take "a long while to retouch and recover" the pre-Covid energy, as the "stun to utilization is serious" and the "least fortunate have been hit the hardest". The RBI additionally advised about the loss of recuperation force since June, with states forcing restricted lockdowns.

The national bank has cautioned that high-recurrence markers so far highlight a conservation in an action that is extraordinary ever. Rating organizations and experts have conjecture a constriction of up to 20 percent in the GDP in the principal quarter of 2020-21 because of the lockdown initiated by the Covid-19 pandemic.

As per the RBI, private utilization is required to lead the recuperation when it grabs hold, and government utilization is relied upon to proceed with pandemic-sealing of interest. "Private utilization has lost its optional components no matter how you look at it, especially transport administrations, accommodation, diversion and social exercises," the RBI said in its Annual Report for 2019-20.