White Paper on Indian Economy: Economic Mismanagement During UPA Tenure Revealed in Lok Sabha Presentation.
Discover the truth behind economic mismanagement during the UPA regime as Finance Minister Nirmala Sitharaman unveils the ‘White Paper on Indian Economy’ in Lok Sabha.
Gain insights into the transition from crisis to growth under the Modi government: White Paper In Lok Sabha.
The government presented a white paper in Lok Sabha, a discussion on economic mismanagement during the UPA tenure.
Finance Minister Nirmala Sitharaman presented the ‘White Paper on Indian Economy’ in the Lok Sabha on Thursday.
The Finance Minister in his interim budget speech had announced that the government would bring out a white paper on the economy by 2014, highlighting the economic mismanagement in the 10 years of the UPA regime.
The ‘White Paper on Indian Economy’ tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha said the UPA government inherited a healthy economy ripe for more reforms, but left it dysfunctional in its 10 years in office.
When the tenure of the UPA government began in 2004, the Indian economy was growing at the rate of eight percent.
The white paper said that investors went abroad during the UPA regime. Also during that time, the banking sector was running into losses.
The economy was in crisis due to fiscal deficit. The white paper said that the common people were suffering from inflation during the rule of the UPA government. UPA’s tenure ruined the economy.
Nirmala Sitharaman said the NDA government has overcome the crisis of those years and the economy is firmly placed on a highly sustainable growth path with all-round growth.
She said that now we have to see where we were in 2014 and where we are now.
PM Modi remembered Manmohan Singh.
PM Modi remembered former PM Manmohan Singh while addressing the farewell ceremony of MPs in Rajya Sabha today. Modi said that I would especially like to remember Manmohan Singh ji.
6 times he has made a huge contribution to this House with his valuable thoughts as a leader and also as the Leader of the Opposition.
The PM said that I remember that in the earlier House, during voting, even when he knew that the ruling party would win the elections, Manmohan Singh came on his wheelchair and cast his vote.
This was an example of him fulfilling his duty towards the country and remains an example.
Sitharaman took a jibe at Congress.
Let us tell you that while presenting the Interim Budget 2024-25 in Parliament, Finance Minister Nirmala Sitharaman said that the Modi government, which took power in 2014, has overcome the crisis of those years when the Congress had left.
She said that now the economy is firmly on the path of rapid growth.
She had announced that the government would table a white paper in the House, that would show where we were till 2014 and where we are now, the sole purpose of which is to show the mismanagement of those years.