'Fragile 5 to 5th largest': Centre blames UPA, hails turnaround
Hindustan Times|February 09, 2024
The Manmohan Singh-led United Progressive Alliance (2004-14) took advantages of the Atal Bihari Vajpayee government's reforms and benign global conditions to exploit growth for its narrow political ends - a process that culminated in India being clubbed among the "Fragile Five" with huge non-performing assets, high fiscal deficit, double-digit inflation and plagued by corruption scandals, the Narendra Modi government said in a White Paper presented in Parliament on Thursday.
Rajeev Jayaswal

The document, in equal parts a report card of a decade in power for the Bharatiya Janata Party-led National Democratic Alliance, and a campaign cry ahead of the summer's general elections, added that the Modi government, in power since 2014, turned around the economy, restored its vitality, and made it the fifth largest in the world.

"The exemplary track record of governance, development and performance, effective delivery, and 'Jan Kalyan' has given the government trust, confidence and blessings of the people to realize, whatever it takes, the goal of 'Viksit Bharat' with good intentions, true dedication and hard work in the coming years and decades," finance minister Nirmala Sitharaman said while tabling the document.

The opposition Congress said the White Paper is aimed at hiding "the dark truth".

"Laughable that after a decade in power, the BJP comes out with a White Paper on our performance, because they have no real accomplishments to speak of," Congress general secretary in-charge KC Venugopal said in a post on X, nerly Twitter.

The 59-page document is divided in three parts - one, the macroeconomic situation of India under the Congress-led UPA; two, the numerous corruption scandals that marked the decade (2004-14); and three, how the NDA turned the economy around, rebuilt India's image, and rekindled people's hopes and aspirations for a better future.

"They inherited a healthy economy and bequeathed an enfeebled one to us. We have restored its vitality," the document said.

Diese Geschichte stammt aus der February 09, 2024-Ausgabe von Hindustan Times.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der February 09, 2024-Ausgabe von Hindustan Times.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS HINDUSTAN TIMESAlle anzeigen
Champs KKR to kick off IPL 2025 at Eden Gardens
Hindustan Times

Champs KKR to kick off IPL 2025 at Eden Gardens

Three franchises DC, PBKS and RR have named a 2nd home in Visakhapatnam, Dharamsala and Guwahati respectively

time-read
3 Minuten  |
February 17, 2025
45 mins of chaos that led to a tragedy
Hindustan Times

45 mins of chaos that led to a tragedy

NEW DELHI: In just 45 chaotic minutes, a flood of passengers and a series of mismanaged circumstances delayed trains, confusion over platform announcements, and overwhelmed infrastructure-transformed the busy New Delhi railway station into a death trap for 18 people on Saturday night.

time-read
3 Minuten  |
February 17, 2025
Hindustan Times

INDIA BETTER PLACED THAN ASIAN PEERS FOR JAPAN FDI: TOP DELOITTE EXEC

NEW DELHI: India has emerged as a major investment hub for Japanese businesses exploring a \"China-plus\" supply chain strategy, Kenichi Kimura, chief executive officer of Deloitte Japan, said in an interview highlighting the steep increase in Japanese FDI into India in recent years.

time-read
1 min  |
February 17, 2025
Spin all-rounders Jadeja and Axar key for India in Champions Trophy
Hindustan Times

Spin all-rounders Jadeja and Axar key for India in Champions Trophy

MUMBAI: The ICC Champions Trophy starting on Wednesday promises to shine the spotlight on spin-bowling all-rounders as teams with multi-utility players will have the most flexibility.

time-read
3 Minuten  |
February 17, 2025
Assam cabinet orders police case against Pak national with ‘links' to Gogoi's wife
Hindustan Times

Assam cabinet orders police case against Pak national with ‘links' to Gogoi's wife

GUWAHATI: The Assam cabinet on Sunday directed state police to register a case against a Pakistani national who allegedly had links with Congress lawmaker Gaurav Gogoi's wife, Elizabeth Gogoi, a British national, and to find whether that association had any implications on the nation's security and sovereignty.

time-read
1 min  |
February 17, 2025
How porters became the first line of rescue
Hindustan Times

How porters became the first line of rescue

There was more crowd than we see around Chhath...people got trapped. RAJINDER K MEENA, Porter

time-read
3 Minuten  |
February 17, 2025
2nd batch of US deportees also chained on-board flight
Hindustan Times

2nd batch of US deportees also chained on-board flight

The second US military aircraft carrying deported Indian migrants landed in Amritsar late on Saturday with 117 people in shackles, those who were on board said on Sunday, describing conditions that government officials previously said would be raised with their American counterparts.

time-read
2 Minuten  |
February 17, 2025
The ₹10 beverage market is starting to get crowded
Hindustan Times

The ₹10 beverage market is starting to get crowded

NEW DELHI: From buttermilk to fruit drinks and sparkling beverages, consumer companies are driving deeper into the market for 10 packs. Amul, Parle Agro, Reliance Consumer Products and Dabur are ramping up efforts to expand their ₹10 offerings, bringing affordable drinks to a wider section of customers.

time-read
2 Minuten  |
February 17, 2025
For Pak, more to CT than excitement of live cricket
Hindustan Times

For Pak, more to CT than excitement of live cricket

Construction and protocol meetings at 11pm and surprise inspections at 5am. Plus on Wednesday night, their team pulled off their highest-ever ODIs chase. If you put the how's the josh question to a country about hosting its first mega cricket event in 29 years, be ready to have your eardrums shattered.

time-read
4 Minuten  |
February 17, 2025
Delhi stampede toll 18, Rly panel begins probe
Hindustan Times

Delhi stampede toll 18, Rly panel begins probe

Jignasa Sinha, Hemani Bhandari, Karn Pratap Singh and Neha LM Tripathi

time-read
4 Minuten  |
February 17, 2025