Modi will have to 'unlearn' before learning on economy: FM

Modi has been targeting UPA and Congress in particular on the economic policies, accusing it of ignoring ground realities

P Chidambaram
Press Trust of India New Delhi
Last Updated : Nov 01 2013 | 7:57 PM IST
As Narendra Modi sharpened his attack on the government accusing it of failing to curb price rise, Finance Minister P Chidambaram today hit back saying the BJP's prime ministerial candidate will have to "unlearn" a lot before he learns about Indian economy.

"I am glad that he is beginning to take interest in Indian economy. As he takes more interest, he will discover that there is much more to learn. First they have to unlearn a lot then learn," Chidambaram said.

He was responding to questions on Modi attacking the government for failing to check inflation and making "hollow" promises to improve the economic situation.

At a press conference here, Chidambaram hinted that the worst for the economy may be over and the country will have a bumper harvest and the troublesome Current Account Deficit (CAD) will come down on back of rising exports and declining gold imports.

Modi has been targeting UPA and Congress in particular on the economic policies, accusing it of ignoring ground realities.
*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: Nov 01 2013 | 7:41 PM IST

Next Story