Nirmala Sitharaman On 10 Years Of UPA Vs 10 Years Of NDA | WATCH

Union Finance Minister Nirmala Sitharaman said on Saturday comparison of growth rates in the UPA years (2004-14) and the NDA years (2014-24) is not fair because of the different economic positions each government inherited. Speaking to Times Now's Navika Kumar in an exclusive interview, Sitharaman the criticism on growth rates is not well thought through.
Nirmala Sitharaman Interview

Union Finance Minister Nirmala Sitharaman in an exclusive interview with Times Now

Union Finance Minister Nirmala Sitharaman said on Saturday comparison of growth rates in the UPA years (2004-14) and the NDA years (2014-24) is not fair because of the different economic positions each government inherited. Speaking to Times Now's Navika Kumar in an exclusive interview, Sitharaman the criticism on growth rates is not well thought through.
She said the Indian economy had dipped on account of the pandemic and then risen back in the NDA years, as opposed to the UPA which had inherited an economy that was in its prime.
"The comparison of growth rates in the UPA years and the NDA years is wrong because after Atal Bihari Vajpayee Ji's government, when the UPA came into power, the economy was in a prime state. They utilised that from 2004 to 2009. But if they had done well from 2004 to 2009, it would have remained sustainable from 2009 to 2014," the Union Finance Minister said.
"But they (the UPA) was focussed entirely on indulging in corruption in every department, in nepotistic practices, they had no regard for the economy and taking the country forward."
"They could not handle the 2008 financial crisis, a smaller crisis compared to COVID-19, though also a party-global crisis. They handled it incorrectly. Hence, after having inherited a good economy in 2014, whose numbers they are so proud of, the Indian economy reached the 'fragile-five' category, because of mishandling," said Sitharaman.
Sitharaman said the Indian economy had made a full recovery after the pandemic and is now on the path of sustainable growth, going towards becoming the third-largest economy.
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