Government counters BJP's Time magazine attack on PM
Home Minister P. Chidambaram described the Bharatiya Janata Party's criticism of Manmohan Singh's performance as "distasteful" and voiced confidence that the government was confident of taking the economy out of the present trough and back to the trajectory of high growth.
"I think the most charitable way to describe that comment is extremely distasteful. I wonder what he (BJP spokesperson Ravi Shankar Prasad) said when he read the article on (then prime minister Atal Bihari) Vajpayeeji in June 2002," said Chidambaram.
He was reacting to the BJP's demand for the resignation of the prime minister in the wake of Time magazine's article
Chidambaram stressed that the United Progressive Alliance-II was confident that it would overcome the present economic situation.
RBI Chief Raghuram Rajan stated that more economic data is needed to be confident that economic growth is picking up, although he added that the benefits to exports from the Rupee's fall is yet to kick in.
Date 11-12-13, Duration 2:19, Views 47