Nirmala Sitharaman slams 'regressive' dividend distribution tax, says no recession
NEW DELHI: Finance minister Nirmala Sitharaman mounted a strong defence of the state of the economy on Wednesday and assured that the go nment is taking steps in the interest of the country
"Every step being taken is in the interest of the country. Looking at the economy, you see that growth may have come down but it is not recession yet, it won't be recession ever," Sitharaman said.
32 steps unveiled since Budget to revive growth: FM
Sitharaman, in her reply to the short duration discussion on the state of the economy in Rajya Sabha, said, "We are coming out with a lot of reforms and we want to assure the members of the response of the go nment. The PM himself is giving personal attention with all the time to understand the details to take decisions so that the economy can be better and move to a higher growth trajectory."
The FM said the go nment has unveiled 32 measures to revive growth since her July budget and those steps were yielding results. A combative Sitharaman compared the economic report card of the UPA and the Narendra Modi-led BJP go nment since 2014 saying inflation was below the targeted range and economic growth and other macroeconomic indicators under the present go nment was much better.
Yashodhan • Mumbai • 6 hours ago
madam in last 6 years why you have not abolished MAT and dividend distribution tax. who stopped you.
Chandramouli Chandrasekaran • 5 hours ago
Bangladesh per capita same as India now and GDP higher than India at 8.1% and getting faster. Vietnam another winner in trade war , gdp exports all increasing. Modi is wasting his time doing Howdy nonsense
Sandeep Mandal• Mumbai • 1 hour ago
But our competition is with Pakistan. Watch farZEE News to get elated
Pranjaye • Chandramouli Chandrasekaran • Mumbai • 3 hours ago
He''s a marketing product. An image created by hype and division. An uneducated nincompoop and buffoon. What did you expect??
hi Fashion • 5 hours ago
There is a limit to be shameless! BJP can perform an head transplant with just words can you beat that!
selvarajc • 6 hours ago
UPA and NDA blame each other and made indians fools. Country behind pakistan, nepal and bangladesh. See co ption index, hunger index, happiness index etc.
Jai Thomas • 4 hours ago
Come on pappu 1 billion let’s celebrate Howdy Sitharaman and sell tea and pakoras. Chai chai chai pakora pakora pakora. Tough times can be understood and yes not admitting recession is also understandable but keep repeating jumlas about congress is laughable
Nasir • 4 hours ago
pls agree on current situation in India n not fake
Ahmed Ali • Lethbridge, Alberta • 3 hours ago
This Minister and her colleagues including the PM ate living in delusion. They have destroyed the economy in addition to social harmony. India will suffer for long time to come because of these ignorant and foolish political party.
Somnath • 4 hours ago
Why blame her, the kingpin of economic destruction is Modi, not Nirmala, she is just a stooge of the man.
Siddharth• 4 hours ago
True, the current economic downturn is a consequence of over 5 years of economic mismanagement and reckless policies camoflauged as virtuous on moral grounds.
Only • Mumbai • 3 hours ago
She think that she is still in opposition and Congress in power. If she knows problem, why not address it instead of blaming past go nments. The fact is she does not know what to do, that's why blaming is the easiest way to divert attention.
Siddharth • 4 hours ago
What kind of whiners !! It is over six years since they took over and still blaming the Congress for economic misfortune which is self-made and a deleterious outcome of foolhardy adventuristic policies being recklessly implemented without pondering about theirs ramifications. This Govt., is busy contriving any kind of excuses to camoflauge its own incompetence and inefficiency at all levels.
Aishvaraya • 3 hours ago
this go nment has been a complete failure in managing the economy in fact such
Siddharth • 3 hours ago
Growth rates are tumbling; in hunger index, the Nation climbs into an ignominable 102nd position behind even Pakistan and Nepal; India also tops ignominiouly in malnutrition, child stunting and child wasting; the income disparities are widening precariously reaching unprecedented levels
V For Vendetta • Bombay • 2 hours ago
Nirmala Sitharaman is an Uneducated foul mouth Minister.
Anirban Saha • 2 hours ago
India deserves this as foolish people have elected them...so no arguement, just tolerate till public becomes sensible in voting
Anthony • goa • 3 hours ago
This useless bi t ch is still blaming upa for all this even after 8 years of her rule, what a pathetic looser she is
Jagdip Vaishnav • Mumbai • 3 hours ago
I repeat there is no demand since purchasing power of common man is crippled..Cheap Bank credit shall not give push to economy since there is no demand
Sajid Bagdadi • 3 hours ago
Whenever she says something opposites happen.now she says no recession INDIANS be careful it''s coming soon.
Imtiyaz • 3 hours ago
"Economy - no no I'm not dead. I hv just stopped breathing."
Anurag Lodha • 2 hours ago
She is the lady RaGa or also called Lady Pappu.
Bob • 2 hours ago
Every step has taken to cover the wrong economic policies of the go nment. Good on you SITHARAMAN
Gaana • 3 hours ago
don't blam her, it's Mr modi and team who spend money uselessly.. instead of country reform Mr modi do world tour and spend lots of money.
Bharat • 4 hours ago
Modi please replace this brainless lady immediately.
neville pereira • 2 hours ago
Mpdi should be replaced him self