Congress spokesperson Pawan Khera said: “All the arguments offered by the ministers in the Narendra Modi government are illogical. But the magic of prince Jay Shah, whose earnings have increased by 15,000 per cent, may convince us that there is no slowdown. Though what business he does is not clear.”

Khera was referring to a report in the Caravan magazine which claimed that the filings uploaded on the ministry of corporate affairs website show that the income of Jay’s company Kusum Finserve LLP had risen to Rs 119.61 crore in 2019 from Rs 79.60 lakh in 2014.

Khera dripped sarcasm when he said: “No slowdown can affect the prince. All gods are blessing him. He can take all kinds of loans — secured or unsecured. There is a law that every businessman has to complete the filing with the government by October 30 every year. But laws don’t apply to the prince. He didn’t file his documents in 2017 and 2018, probably waiting for the election results. He filed his documents in August 2019. The net fixed assets in 2015 were Rs 51.74 lakh, which shot up to Rs 23.25 crore in 2019.”