What about the rising unemployment during these times of recession? About a year ago, in 2008 when we raised this subject in this august House, the Prime Minister and the then Finance Minister said, Do not worry. The Indian economy is decoupled with the World economy especially vis-a-vis the subprime crisis of the US. They also assured the hon. House that our economy is insulated, that our fundamentals are strong, and that we need not worry. We were told that everything was hunky-dory. But what has happened Sir? In the last three months, in every sector garments, IT, BT, construction workers, textiles, manufacturing, automobiles there have been shut downs, there have been lay offs, and they are working with 10 to 20 per cent of their capacity. According to a moderate estimate, more than five million jobs have been lost in the last three months; and there is a possibility of two crore people losing their jobs. In textiles alone seven lakh jobs have been lost. Minister and the Leader of the Opposition, Shri Pranab Da had said it is only a Vote on Account, do not have any hope. Then also, we would not have excused him, we would not have excused the Government, the country would not have forgiven them. But they would have understood. But they came out with an Interim Budget, which is much, more than a Vote on Account. What is that they have given? I want to go into some of the important things. If at all, the UPA brought back the entire economy from 1991-198 mess under Dr. Manmohan Singh and Shri Chidambaram, and suddenly, the Indian economy started blooming and blossoming, there were three important reasons. Firstly, investment in infrastructure Pradhan Mantri Gram Sadak Yojana, Golden Quadrilateral, housing more than 70 lakh houses being constructed.
