Business Standard

OPPN LEADERS BACK YASHWANT SINHA

- ARCHIS MOHAN

Several Opposition leaders on Wednesday lauded senior BJP leader Yashwant Sinha for his critique of the Centre’s economic policies. Delhi CM Arvind Kejriwal tweeted, “Very hard-hitting article.”

Several Opposition leaders on Wednesday lauded senior Bharatiya Janata Party (BJP) leader Yashwant Sinha ( pictured) for his critique of the Narendra Modi government’s economic policies.

While Home Minister Rajnath Singh downplayed Sinha’s criticism, senior Congress leader P Chidambara­m congratula­ted the former finance minister for “speaking truth to power”. “Very hard-hitting article,” Delhi Chief Minister Arvind Kejriwal tweeted.

Chidambara­m said the Congress was not using Sinha’s views (politicall­y), and added the BJP leader’s statements only “coincides” with what the Opposition party had been saying. The Congress leader likened the formation of a new Economic Advisory Council to “putting band aid on several broken limbs”.

Congress Vice-President Rahul Gandhi tweeted: “Ladies and Gentlemen, this is your co-pilot and finance minister speaking. Please fasten your seatbelts and take brace position. The wings have fallen off our plane.”

“Yashwant Sinha said either BJP leaders praise the PM or keep quiet out of compulsion and fear. Do you need any other proof of dictatorsh­ip and fascism?” Rashtriya Janata Dal chief Lalu Prasad tweeted.

In his article, ‘ I need to speak up now’, Sinha stated: “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.” Sinha, who finds himself ignored in the party and is a member of its margdarsha­k mandal, said people in the BJP were not raising their voices “out of fear”.

“The Finance ministry, in the best of times, calls for the undivided attention of its boss if the job has to be properly done. In challengin­g times, it becomes more than a 24X7 job. Naturally, even a Superman like Jaitley could not do justice to the task,” he stated. Sinha questioned the economic growth figures, spoke about the impact of demonetisa­tion and the goods and services tax (GST), and also said a revival by the time of the next Lok Sabha election was “highly unlikely” and a “hard landing” appeared inevitable.

Quoting Sinha, Chidambara­m said the truth is that the growth rate of 5.7 per cent is actually 3.7 per cent or less and that “instilling fear in the minds of the people is the name of the new game”. “Eternal truth: No matter what power does, ultimately truth will prevail,” Chidambara­m tweeted.

Targeting the government over high oil prices, Chidambara­m accused it of “looting” the people. “We are happy Yashwant Sinha has spoken truth, echoed our views about economy...he has spoken truth to power,” Chidambara­m said.

At a briefing of the Union Cabinet, the home minister was left to defend the government. “The whole world admits that India is the fastest growing economy in the world. No one should forget this fact. In the matter of economy, in the internatio­nal arena, India’s credibilit­y has been establishe­d,”

“WE ARE HAPPY YASHWANT SINHA HAS SPOKEN TRUTH, ECHOED OUR VIEWS ABOUT ECONOMY...HE HAS SPOKEN TRUTH TO POWER” P CHIDAMBARA­M FORMER FINANCE MINISTER

Singh said.

Addressing a small gathering near Chotila in Surendrana­gar district of Gujarat, Congress Vice-President Rahul Gandhi, said: “Today, I read an article written by Yashwant Sinha. He wrote that Modiji and Jaitleyji have destroyed the Indian economy. This is not my view. This is the opinion of a BJP leader,” Gandhi said. “He even wrote that though BJP leaders know that our country is in deep trouble, no one is ready to speak up as they are afraid of Modiji.” He added the economy was in a shambles because the BJP government never listens to farmers, youth, labourers, traders and women, who actually run this country. “People from the BJP listen only to businessme­n and then tell the citizens their own Mann Ki Baat,” Gandhi said.

 ??  ??
 ??  ??

Newspapers in English

Newspapers from India