NEW DELHI: Congress MP Deepender Singh Hooda on Friday alleged that the economy under the current administration has accumulated "record after record, all in the wrong direction" and claimed there are "record faultlines" in the economy.

He listed concerns over the rupee's performance, rising inequality, soaring debt and the shrinking space for competition across key sectors.

During a discussion on the Supplementary Demands for Grants, Hooda, the Lok Sabha MP from Rohtak in Haryana, said the value of the Indian rupee had deteriorated to its "weakest level in 75 years" and criticised the finance ministry's defence of the depreciation.

"I read your statement, finance minister, where you said the rupee has not fallen; it is the dollar that has gone up. This is like saying two wrestlers fou

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