Former Finance Minister P Chidambaram on Monday tore into Narendra Modi government's handling of the economy, saying it was "perilously close to a collapse" and was being attended to by "incompetent doctors".
The economy, he said, was facing twin problems of rising unemployment and falling consumption but the government continues to live in denial.
Initiating the debate on the Union Budget for 2020-21 in the Rajya Sabha, Chidambaram said more money needs to be put in hands of people and not give "extraordinary powers" to junior taxmen to unleash "tax terrorism."
"When we point out the mistake of the government, the government must have an open mind to debate and if it is a mistake, admit it."
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