With the economic crisis turning into a shocking reality, several party leaders take the newspaper’s way of expressing their opinions to the public. It all began with biting criticism from the head of the BJP, Yashwant Sinha, Finance Minister Arun Jaitley, in an article entitled The Indian Express: “I miss my national duty if I did not speak even now against the disorder than Minister of Finance.
I am also convinced that what I say reflects the feelings of many people in the BJP and in other places that do not speak of fear, “said the former finance minister.He also listed several failures of the finance department, and warned against a difficult landing for the economy before the next elections of 2019.
“Increased oil is wasted and not only have inheritance issues been allowed to persist, they have become worse,” he said, calling for the demonetization of “unplanned economic disaster” and a poorly designed and poorly implemented GST. ” “The prime minister says he has seen poverty at hand and his finance minister is working over time to make sure all the Indians see him so close,” he said.
The government launched Jaitley’s defense with Minister of Railways Piyush Goyal and Interior Minister Rajnath Singh reiterating that the economy is doing well and the country is growing faster. However, Jayant Sinha, son of Yashwant Sinha and Minister of State for Civil Aviation Union, who tried the most vivid defense of the government, again in a newspaper.
In the Times of India article he wrote that the structural reforms initiated by the Narendra Modi government since 2014 constitute the third generation of reforms and inaugurate the new India. “The GST, demonetization and digital payments are a game changer to formalize the Indian economy,” he said in the article. He also listed several initiatives taken by the government to reform the economy.
These include the Jan Dhan-Aadhaar-Mobile scheme to stimulate financial inclusion, rural electrification, infrastructure and start-up policies. “Virtually all Indians will now have a basic safety net that guarantees food, electricity, employment, housing, a bank account, bathrooms, gas-fired cooking, insurance coverage, microcredit, and a road all the time.
At the same time, small and large enterprises will be able to thrive in a transparent, rules-based environment that provides the necessary facilities and funding. We are creating a robust new economy that will stimulate long-term growth and job creation for “New India,” it said in the article. He also listed a number of initiatives taken by the government to reform the economy, including Jan Dhan-Aadhaar-Mobile to generate financial inclusion, rural electrification, infrastructure and start-up policies.
“Virtually all Indians will now have a basic safety net that guarantees food, electricity, employment, housing, a bank account, bathrooms, gas-fired cooking, insurance, microcredit and highways of all types of time. large corporations will be able to thrive in a transparent and rules-based environment that provides the necessary facilities and funding. “It will drive long-term growth and job creation for” New India, “he said.
In response, congressional leader Kapil Sibal wrote an article in The Indian Express on Friday that lists the problems of the economy and wonders what promises New India. Demonetizing said that the Prime Minister’s support for the economy without money has made the poor with no cash, breaking their back.
An imperfect and unfortunate GST deployment has been fatal to the informal sector. The agricultural sector is in danger, as demonstrated by the number of suicides of farmers. Real estate, telecommunications and banking are all in disarray, he said. “Three and a half years have passed, and the economic situation becomes a more chaotic day,” he said.
Rajeev Chandrasekhar, a member of Rajya Sabha and vice president of NDA in Kerala, wrote another article in The Indian Express criticizing Yashwant Sinha’s comments: “I served with Sinha to the parliamentary committee on finance and its desire economic analysis is real and not dictated by his antipathy to the government, “he said in an article entitled” I also have to speak. “However, he listed the various problems that the economy suffered when the NDA government took over.
“This government has inherited an economy like this and slowly rebuilt during the last three years where GDP increased per capita income has increased, foreign direct investment is at a record high of nearly 160 billion, foreign exchange reserves are in a record level of nearly $ 400 billion, inflation has moderated and public finances following a roadmap for fiscal discipline after years of careless suffering “in” he said.
It also expanded the apparent camaraderie between P Chidambaram and Yashwant Sinha. “In 2014, Sinha had accused Chidambaram of committing fraud with budgets.” The policy, in this case, has created the lowest combinations, where two people are related only by their personal / political dislike of the current government, “he said. is irrelevant in its assessment of where we are today, perhaps a case of personal disaggregation overcoming facts and reality, “he concluded.
As word war between political leaders increases, the debate seems to have moved away from the economy. Counter-charges and accusations are now more personal and political.