News Brief
White Paper On Indian Economy: Here's What FM Nirmala Sitharaman Said In The Parliament
Nirmala Sitharaman, Finance Minister of India
Speaking on the 'White Paper on the Indian Economy' and its impact on the lives of people of India, Union Finance Minister Nirmala Sitharaman on Friday (9 February) criticized the UPA government for the economic mismanagement during the 2008 global financial crisis, accusing the Congress of prioritising the "first family" over the nation's interests.
"Ten years of one government with some crisis and 10 years of a different government with different crisis. The comparison shown in this 'White Paper' clearly says how if the government handles it with true sincerity, transparency and putting the nation first, the results are there for everybody to see," Sitharaman said.
She added, "When you don't put the nation first, when you put your first family first, and when you have other consideration than transparency, the results are out there for you to see. So what happened after 2008 when there was a global financial crisis and what happened post-COVID shows clearly that if the intent of the government is sincere results will be good."
Sitharaman contrasted the negative reputation associated with the Common Wealth Games (CWG) held during the UPA regime with the global respect garnered by India during its G20 presidency under the Narendra Modi government.
Finance Minister Nirmala Sitharaman also underscored the colossal impact of the Coal Scam.
She said, "India suffered a huge loss because of the Coal Scam at the hands of the UPA government."
Meanwhile, Substitute motions were moved by opposition members Saugata Roy (TMC) and NK Premchandran disapproving the White Paper.
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