White Paper on UPA decade: Congress lacked 'neeyat and niyam', says FM Sitharaman
Tag: White paper
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White Paper: From Crisis to Confidence: Modi govt’s ‘White Paper’ examines economic evolution since UPA tenure
The government has released a white paper, shedding light on what it perceives as the economic challenges inherited from the previous administration. The document, presented by Finance Minister Nirmala Sitharaman in Parliament, outlines the alleged shortcomings of the Congress-led United Progressive Alliance (UPA) government and emphasizes the strides made under the current leadership.
Economic Comparison
The white paper underscores contrasting economic conditions between the previous UPA tenure and the present government’s term. It accuses the UPA of leaving behind a “non-performing” economy after a decade in power, contrasting it with the purportedly healthier economic landscape inherited by the current administration from the Atal Bihari Vajpayee government.Challenges and Progress
Highlighting the hurdles faced, the Bharatiya Janata Party (BJP) acknowledges the multifaceted challenges in revitalizing the Indian economy. Despite facing what it terms a “hydra-headed challenge,” the government asserts progress in restoring economic fundamentals and global confidence. The paper cites achievements such as India’s substantial contribution to global growth and successful international engagements like the G20 Presidency in 2023.
Addressing Previous ConcernsThe white paper references past scandals and economic crises during the UPA tenure, including the 2G and Coalgate scams, double-digit inflation, foreign exchange crises, and policy paralysis. In contrast, it highlights current achievements such as extensive 4G and 5G coverage, transparent resource auctions, reduced inflation rates, and record foreign exchange reserves.The white paper concludes by asserting the current government’s progress in overcoming the purported challenges inherited from the previous administration. Finance Minister Nirmala Sitharaman defends the timing of the document’s release, emphasizing the need to address past economic issues. However, opposition figures like P Chidambaram from the Congress call for independent scrutiny of the paper’s contents.
In response to the government’s white paper, the Congress has issued its own document, termed a ‘black paper,’ highlighting concerns such as rising unemployment, sluggish GDP growth, and vacant government positions. Mallikarjun Kharge, party leader, released the document, indicating a continued political debate over economic performance.
This white paper serves as a comprehensive overview of the government’s perspective on economic governance, inviting scrutiny and debate as the nation approaches a pivotal general election.
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On BJP’s White Paper, Congress Mulling ‘Black Paper’ Move Against Modi Government |
The Congress party is planning to bring a ‘Black Paper’ against the BJP government after the ruling party said it will present a ‘White Paper’ on earlier UPA government’s economic mismanagement. Congress president Mallikarjun Kharge is likely to present the report. As the government plans to present the white paper, the ongoing budget session of the Lok Sabha has been extended until Saturday, February 10. There will be no Question Hour session on the extended date. As per a Lok Sabha Secretariat notification issued on Wednesday, extension of the current session of Lok Sabha, as announced by the Chair today (7.2.2024) and agreed to by the House, the current session of Lok Sabha has been extended up to Saturday, February 10, 2024, in order to provide sufficient time for completion of essential items of Government Business.
The BJP has planned to present the White Paper which will show the mismanagement of the economy by the earlier UPA government and the steps taken by the Modi government to improve the situation. It may be notable that under PM Narendra Modi, the Indian economy has become the fifth largest in the world from 11th in 2014.
The last session before Lok Sabha polls expected to be held in April-May this year was started with the address by President Droupadi Murmu to the joint sitting of two Houses on January 31. It was earlier to be concluded on February 9.
Adhir Ranjan Chowdhury, the Leader of Congress in Lok Sabha, stated that his party is prepared to address any papers the government brings to the House. “Narendra Modi has Congressphobia. We are ready to fight. The government can bring a ‘White Paper’, Red paper, black paper, we have no problem. However, Mehul Choksi’s papers should also be presented to the House,” Chowdhury told ANI.
Welcoming the idea of bringing a ‘White Paper’ to the House, BJP Lok Sabha MP Rajiv Pratap Rudy said that the document is a much-awaited call and should be brought so that the public becomes aware of the corruption that occurred during the UPA tenure before 2014. “The government has passed the finance bill and the interim budget. If I recall correctly, the PM mentioned in his speech that they would present a White Paper on the mess that prevailed prior to 2014. I think it is likely to be listed tomorrow. It is a much-awaited call,” said Rudy.
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Congress likely to bring ‘Black Paper’ in response to Modi govt’s ‘White Paper’ on economic mismanagement
In response to the Central government’s plan to release a ‘White Paper’ criticising the Congress led UPA government’s tenure, the grand old party is preparing to counter with its own ‘Black Paper’, highlighting the shortcomings of the Modi government’s 10-year rule.
ANI sources said that Congress president Mallikarjun Kharge is likely to spearhead the presentation of this ‘Black Paper’, aiming to provide a contrasting narrative to the government’s assessment and offer their perspective on the past decade of governance.
Earlier, during a discussion in the Lok Sabha on the interim Budget, Jayant Sinha, chairman of the Standing Committee on Finance, talked about the significance of the government’s forthcoming ‘white paper.’ According to Sinha, this document will shed light on India’s economic struggles when the Congress-led UPA government relinquished power and the subsequent efforts made by the current administration to reverse the situation.
He emphasised that India was categorized among the ‘fragile five’ economies globally during the UPA regime in 2013, indicating the severity of the economic challenges at that time.
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