New Delhi, Sept 27: The government on Wednesday dismissed the remarks made by former Finance Minister and Bharatiya Janata Party (BJP) leader Yashwant Sinha on the state of country’s economy. Union Minister Rajnath Singh and Piyush Goyal downplayed Yashwant Sinha’s observation, saying the world acknowledges that India is one of the fastest growing economies.
On being asked about Yashwant Sinha‘s newspaper article in which he said that the economy was on a downward spiral and poised for a hard landing, Union Home Minister Rajnath Singh said,”The world acknowledges India is one of the fastest growing economies. No one should forget it. Our image at the international level is very strong.” Railways Minister Piyush Goyal echoed similar views and said the government brought landmark reforms to revive the economy.
“Under the leadership of Prime Minister Narendra Modi, India has become the world’s fastest-growing economy for three years in a row. Some of the landmark reforms that this government has brought in are unprecedented,” said Piyush Goyal in response to Yashwant Sinha‘s article. “Something like GST was never imagined to be possible in a country of the size and scale of India,” mentioned the minister.
However, the Congress continued to attack the government following the criticism by Yashwant Sinha. “Congress has, for nearly 18 months, highlighted these very grave weaknesses in the economy. We were told, in effect, to shut up. We are happy that Yashwant Sinha has echoed our criticism,” senior Congress leader and former Finance Minister P Chidambaram said. “As I travel around the country, what I hear is “Achhe din to aaye nahi, ye bure din kab jaayenge?” (Forget about good days, when will this bad phase go),” Chidambaram added.
Congress vice-president Rahul Gandhi also took a jibe at the Centre with his tweet, laced with humour and wit. The Congress leader wrote, “Ladies & Gentlemen, this is your co-pilot & FM speaking. Plz fasten your seat belts & take brace position. The wings have fallen off our plane (sic).”
Yashwant Sinha had said in his article in The Indian Express that sector after sector of the economy was in distress and the November 8 demonetisation had proved to be an “unmitigated economic disaster”. In his article headlined ‘I need to speak up now’, the former Union finance minister, who has been sidelined in the party, wrote, “I shall be failing in my national duty if I did not speak up even now against the mess the finance minister (Arun Jaitley) has made of the economy”. He even claimed that people in the BJP are not raising their voices “out of fear”.