{"id":14498,"date":"2024-02-09T21:03:01","date_gmt":"2024-02-09T15:33:01","guid":{"rendered":"https:\/\/asia.businessupturn.com\/?p=14498"},"modified":"2024-02-09T21:03:01","modified_gmt":"2024-02-09T15:33:01","slug":"finance-minister-nirmala-sitharaman-criticizes-upa-praises-modi-governments-economic-management","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/asia\/south-asia\/india\/finance-minister-nirmala-sitharaman-criticizes-upa-praises-modi-governments-economic-management\/14498\/","title":{"rendered":"Finance Minister Nirmala Sitharaman criticizes UPA, praises Modi government\u2019s economic management"},"content":{"rendered":"

In a fiery debate over the \u2018White Paper on Indian Economy,\u2019 Union Finance Minister Nirmala Sitharaman launched a scathing attack on the Congress-led UPA regime, accusing it of economic mismanagement during the 2008 global financial crisis. Sitharaman asserted that the UPA prioritized the interests of the \u201cfirst family\u201d over national welfare, leading to the country\u2019s designation as one of the \u201cfragile five\u201d economies.<\/span><\/p>\n

During her address initiating the debate, Sitharaman highlighted the negative repercussions of events like the Common Wealth Games (CWG) held under the UPA\u2019s tenure, which she claimed tarnished India\u2019s reputation internationally. In contrast, she praised the Narendra Modi government\u2019s leadership during India\u2019s G20 presidency, emphasizing the global respect garnered under its stewardship.<\/span><\/p>\n

Saugata Roy of the Trinamool Congress and NK Premchandran proposed substitute motions disapproving the government\u2019s white paper, reflecting the opposition\u2019s stance on the issue.<\/span><\/p>\n

Sitharaman said that the Modi government\u2019s sincere efforts had steered the economy away from the \u201cfragile five\u201d designation to become one of the top five globally. She further suggested that India is poised to ascend to the ranks of the top three global economies under the present administration\u2019s guidance.<\/span><\/p>\n

Drawing a sharp contrast between the handling of crises by the UPA and the Modi government, Sitharaman emphasized the importance of sincerity, transparency, and prioritizing national interests. She criticized the UPA\u2019s response to the global financial crisis in 2008, insinuating a lack of \u201cclean\u201d intentions in their approach.<\/span><\/p>\n

Addressing the opposition\u2019s interjections, Sitharaman challenged them to respond with substance rather than disruption, asserting her right to speak uninterrupted. She accused the Congress of incompetence and corruption during its tenure, suggesting their lack of credibility in lecturing the current government.<\/span><\/p>\n

Sitharaman commended the Modi government\u2019s handling of the COVID-19 crisis, characterizing it as a more \u201cdeadly\u201d challenge compared to the 2008 financial crisis. She attributed the government\u2019s success in managing the pandemic to its sincere dedication and proactive measures.<\/span><\/p>\n

The finance minister\u2019s impassioned remarks undoubtedly reflects the ideological divide between the ruling party and the opposition regarding economic policies and governance. While Sitharaman portrayed the Modi government as a beacon of sincerity and progress, the opposition voiced dissent and skepticism over the government\u2019s claims.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

During her address initiating the debate, Sitharaman highlighted the negative repercussions of events like the Common Wealth Games (CWG) held under the UPA\u2019s tenure, which she claimed tarnished India\u2019s reputation internationally.<\/p>\n","protected":false},"author":429,"featured_media":14500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[9416,7373,9415,9417],"class_list":["post-14498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","tag-modi-government","tag-nirmala-sitharaman","tag-upa","tag-white-paper"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/14498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/429"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=14498"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/14498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/14500"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=14498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=14498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=14498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}