Cong MP Hooda: Economy has 'record faultlines', rupee weakest in 75 years

• Congress MP Deepender Singh Hooda slammed the government over "record faultlines" in the economy.
• Hooda highlighted the rupee's depreciation to its "weakest level in 75 years" and a 78-year record high current account deficit.
• He stated that economic inequality has surged, with the richest 1% holding 40% of the country's wealth and 65% of national income.
• Hooda accused the government of fostering monopolies and duopolies in major industries like aviation and telecom.
• He also flagged unprecedented public debt, reversing unemployment trends, and alleged disproportionate funding in schemes like Khelo India.

Why It Matters: It exposes critical economic faultlines and government policy failures.