Finance Minister Arun Jaitley should resign as he was unable to control the currency dip, Aam Aadmi Party spokesperson Ashutosh said on Monday.
"Dollar has crossed the Rs.66 mark. If Arun Jaitley is not able to perform, then he should quit and hand over the responsibility to a more capable person," he said at a press conference.
He also slammed the central government, saying the economy was badly hit under the Narendra Modi-led government while he had earlier promised he would improve it.
"During the (Lok Sabha) polls, the prime minister had attacked the then government for the rupee's downfall, but now that he is in power for the past 15 months, the currency downfall continues," the AAP leader said.
"The stock market crashed by 1,000 points today (Monday) and this is a serious issue. The PM had promised many second-generation reforms, but there is no change in the policy that can help give a boost to the economy," he said.
The rupee hit a fresh two-year low of 66.47 to a dollar as the stock market took a tumble on Monday.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
