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NEW DELHI: Finance minister Nirmala Sitharaman on Saturday took a dig at Congress, saying the party had mastered the art of “ruining accomplishments (gur gobar karna)”, alleging that the UPA govt couldn’t keep prices under check even when its predecessor NDA govt handed it over an economy with inflation below 4%.
Replying to the short duration discussion on ‘white paper’ on India’s economy in Rajya Sabha, Sitharaman said, “Repeatedly there are figures thrown at us – inflation is this, inflation is that. I just want to highlight, inflation in the last year of Atal Bihari Vajpayee’s NDA govt was below 4%. What did you do with it? Ill-targeted reckless fiscal policy, ill-targeted subsidies, wasteful expenditure, all done for political gains…They have mastery over ‘gur ko gobar karna’.”
Sitharaman quoted former Prime Minister Manmohan Singh’s observation at the AICC meeting in Jaipur in 2013 that “inflation management was one shortcoming” during UPA govt.
Sitharaman charged that there was mismanagement of the economy during 2004-2014 by Congress-led UPA govt and Narendra Modi-led govt toiled for 10 years to bring the economy back on track.
She further said it is imperative to inform the public and Parliament about the true picture of the economy during UPA regime and efforts made by Modi govt to revive it which was a delicate exercise requiring corrective steps to fix the earlier mismanagement and also bring in reforms.
Replying to the short duration discussion on ‘white paper’ on India’s economy in Rajya Sabha, Sitharaman said, “Repeatedly there are figures thrown at us – inflation is this, inflation is that. I just want to highlight, inflation in the last year of Atal Bihari Vajpayee’s NDA govt was below 4%. What did you do with it? Ill-targeted reckless fiscal policy, ill-targeted subsidies, wasteful expenditure, all done for political gains…They have mastery over ‘gur ko gobar karna’.”
Sitharaman quoted former Prime Minister Manmohan Singh’s observation at the AICC meeting in Jaipur in 2013 that “inflation management was one shortcoming” during UPA govt.
Sitharaman charged that there was mismanagement of the economy during 2004-2014 by Congress-led UPA govt and Narendra Modi-led govt toiled for 10 years to bring the economy back on track.
She further said it is imperative to inform the public and Parliament about the true picture of the economy during UPA regime and efforts made by Modi govt to revive it which was a delicate exercise requiring corrective steps to fix the earlier mismanagement and also bring in reforms.
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