P Chidambaram compared the Budget with 'Satyanaryan Katha'. (Photo Credit: PTI File)
Former Union Minister P Chidambaram on Saturday launched fresh tirade against the Modi government over 'unemployment' and 'economic slowdown' saying the government should accept its mistakes and seek former PM Manmohan Singh’s help to revive the ‘sinking economy’. Hitting out at Finance Minister Nirmala Sitharaman, he compared the Budget with 'Satyanaryan Katha'.
"If I would have read 'Satyanarayana Katha' then I would have known what she had said during the budget presentation. Never before in the history of India, the growth domestic product (GDP) has declined for 6 successive quarters. What will the seventh Quarter bring I don't know? Inputs are down for the last 8 months. This government lives in denial," ANI quotes Chidambaram as saying.
Chidambaram, who was addressing students on Union Budget 2020-21 in Hyderabad, said, “This is the most anti-poor government to date. Rural India and agriculture sector are in poor condition. The least this government can do is to confess that they have made mistakes and ask will Dr Manmohan Singh come and advise us.”
The Rajya Sabha MP further called demonetisation a ‘big blunder’ and blamed the government of ‘killing jobs’. He termed the implementation of Good Service and Tax (GST) as the second blunder.
“While the economy has become a patient, the Finance Minister is still saying 'Acche Din Aane Wale Hai' (Good days coming soon). I hope the patient will revive soon", said Chidambaram as he referred the India's economy to be in ‘ICU’.
He added, “Rs 11000 crore were sanctioned for mid-day meal scheme but only Rs 9,900 crore allocated.”
Claiming that no Indian and foreign investors are willing to invest in the country, Chidambaram said, “This Government has vested all the major powers in the hands of lowest officers. Many provisions have been criminalised.”