Overview
- 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.