Economy in ICU, govt issuing look out notice for those defending civil liberties: Kibal Sibal

Image
ANI General News
Last Updated : Aug 23 2019 | 9:20 AM IST

Targetting the Centre over slowdown in the country's economy and the arrest of former Union minister P Chidambaram, senior Congress leader Kapil Sibal on Friday said while the economy is in Intensive Care Unit (ICU), the government has issued a "look out notice" for all those defending civil liberties.

Taking to Twitter, the former Law Minister said the developments in the last few weeks have shown that both the economy and the cause of liberty need a "stimulus package".

"The economy is in ICU and government has issued a "look out notice" for all those defending civil liberties," he tweeted.

This comes a day after Sibal had expressed his discontent over Chidambaram's arrest and termed it "drama" and "political persecution".

On August 21, the Delhi High Court dismissed Chidambaram's plea for bail. The Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) had issued a look-out notice against him on Wednesday in the INX media case. A special anti-corruption court on Thursday sent the Congress leader to CBI custody till August 26.

In July, Sibal had said the economy was going through a "very difficult" phase as many sectors were in doldrums which are "not good" signs so far as the government's five trillion dollar economy target was concerned.

"Our economy is going through a very difficult phase. Our manufacturing sector is in doldrums. In fact, just the other day there was a report saying that Maruti Suzuki has had a revenue dip of about 16 per cent. Tatas have a revenue dip," he said while participating in a debate over Insolvency and Bankruptcy Code (Amendment) Bill, 2019, in the Rajya Sabha.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 23 2019 | 9:06 AM IST

Next Story