Arun Jaitley in Rajya Sabha: NDA inherited higher prices from UPA govt

November 27, 2019 | |Post a Comment

first_imgFinance Minister Arun Jaitley in Rajya SabhaFinance Minister Arun Jaitley, in a reply to discussion in the Rajya Sabha, on Monday said NDA had inherited higher prices from the UPA government.The concerns over supply, storage capacity should have been addressed (by the UPA govt) but it didn’t happen, Jaitley said.Jaitley, while replying to the discussion, said the 41-day-old Narendra Modi government had taken immediate steps to contain prices of food items unlike the previous dispensation during which cost of onion rose even up to Rs 100 per kilo.He said the government was being attacked even though it was yet to outline its financial roadmap in the Rail Budget to be presented on Tuesday and the General Budget on Thursday.Jaitley, who is also leader of the Rajya Sabha, said it is not possible to fill gaps which the Congress left, in five weeks.He even added that no one fears any discussion on inflation.”Government is committed to contain it (inflation) because we consider it a serious and sensitive matter. There is sufficient supply (of potato and onion) and therefore there is no reason for panic,” the Finance Minister said.Listing the steps already taken by the government, Jaitley said the Centre has issued directive to the states to crack down on hoarding, put a cap on stockholding and hiked minimum export price for onion and potato.On the Re 1 hike in diesel price, the Finance Minister said the government is implementing the previous UPA’s policy of gradual monthly increase.advertisementCongress, Trinamool Congress, SP, BSP, CPI (M) MPs walked out of Rajya Sabha expressing dissatisfaction over Finance Minister Arun Jaitley’s reply on inflation.During the debate, the opposition, ridiculed the government and NDA’s poll slogan of ‘achhe din’ (good days), wondering whether it was reflected by the rise in prices of food items like onion and potato and hike in rail fares and diesel cost.The reasons given by the government for rail fare hike are not acceptable so Trinamool Congress decided to walk out after taking part in discussion, Trinamool Congress MP and spokesperson Derek O’Brien said.last_img

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