Modi Government Releases White Paper Critiquing UPA's Economic Management
The document, presented by Finance Minister Nirmala Sitharaman, contrasts the economic conditions inherited from the UPA with the achievements of the current administration.
- The Modi government has presented a white paper accusing the Congress-led UPA of leaving the economy in a 'crisis' after their tenure.
- Finance Minister Nirmala Sitharaman tabled the document in Parliament, highlighting the economic turnaround under the Modi administration.
- The white paper criticizes the UPA for 'economic mismanagement,' including financial scandals and a banking crisis.
- It claims significant improvements in economic indicators, such as inflation reduction and increased foreign exchange reserves, under the current government.
- The Congress responded with a 'black paper,' pointing out issues like unemployment and a decline in GDP growth rate during the Modi administration.