What's the point of USD 5tn economy if majority are poor:Sibal

Achieving a USD five-trillion economy will have little meaning if the majority of people in the country are poor, Congress leader Kapil Sibal said in Rajya Sabha on Thursday.

Participating in the debate on the Union Budget, the former Union minister said, "In terms of per capita, we rank 122nd in the world. Tell us how you will improve income of the poor."
By increasing Rupee one on petrol and diesel the government will get Rs 18,000 crore to the kitty which will impact the poor while higher provisions of taxes on rich were mere show off and budget optics, he claimed
Ashwini Vaishnaw (BJP) said, "A member's comment that economy would double irrespective of whatever government would do, is not correct. Why didn't that happen in pre nineties when we were struggling to increase growth rate."
NCP leader Praful Patel said, "It is very crucial to give impetus to economy which is showing signs of a slowdown. Government needs to tackle the issues like agriculture and providing jobs to youth."