You are here: Home » Politics » News » National
Business Standard

Yashwant Sinha's criticism unfair, it's personal frustration: BJP

The reality is Rahul Gandhi, Chidambaram and many others are finding themselves jobless: BJP

ANI  |  New Delhi 

Opposition backs Yashwant Sinha for panning Modi govt's handling of economy
Yashwant Sinha

The (BJP) on Friday described former union finance minister Yashwant Sinha's criticism on the state of the as an unfair criticism based on 'one's personal frustration.'

Speaking to ANI here, spokesman G.V.L. Narasimha Rao said, "The ten years of the Government at the Centre was one of the most corrupt ever. The reality is Rahul Gandhi, Chidambaram and many others are finding themselves jobless and those who sympathises with such jobless leaders are also making an unfair criticism not based on facts, but based on one's personal frustration."

spokesperson (Economic Affairs) Gopal Krishna Agarwal refuted the Congress' claim of economic mismanagement and said that at present, the Union Government is doing very fine.

Commenting on Finance Minister Arun Jaitley's recent remarks over the state of economy, Agarwal said, "Today the former talked about all the economic issues rather than aiming at an individual.

"Today, Jaitley categorically explained all the economic issues which are at present in debate like how the policies have worked fine in regards to demonetisation, in regard to implementation with the GST. How the Government is pro-active in solving the problems of people; how the Government is tackling the NPA problems; how much expenditure Government is taking into infrastructure?" he added.

A day after (BJP) veteran castigated Finance Minister of making a mess of Indian economy; the latter on Thursday defended the government policies and said he does not have the luxury of being a former finance minister.

Taking a dig at the former finance minister, Jaitley at a book release programme said, "I must confess that I do not have the luxury as yet of being a former finance Minister nor do I have the luxury of being a former finance minister who has turned a columnist. Therefore, I can conveniently forget a policy paralysis, four billion reserve left in 1991 and I can switch over and change a narrative. Speaking on persons and then bypassing the issues is something which is very easily done."

Backing the demonetisation move Jaitley said that the government intended to expose the black money market and track down those operating in it.

"Demonetisation was not synonymous with confiscation of money. We gave an opportunity to people to come clean about their accounts held abroad. The prime minister had a very strong agenda on creating a new normal as far as the shadow economy in India was concerned," he said.

Jaitley further said that he is being criticised for bringing out reforms too quickly.

"I am being criticised for doing incremental changes. Post GST, the biggest criticism was that why I implemented it so quickly after demonetisation," he said.

Jaitley also took the occasion to downplay remarks that the economy is on a downward spiral and said, "The Direct tax figures are 15.7 per cent over and above last year's figure, so this so-called slowdown visualised by some, hasn't even impacted.

First Published: Fri, September 29 2017. 10:05 IST
RECOMMENDED FOR YOU