Nirmala Sitharaman's Price-Rise Defence Faces Congress Walkout
NDTV
The finance minister's response came after 10 days of chaos in parliament as the opposition demanded a discussion on price rise.
Union minister Nirmala Sitharaman, responding to the debate on price rise in the Lok Sabha today, gave an account of all the parameters to assess the economy, said there is no chance of the country going into recession or stagflation, as reported by a few dailies. In the middle of her response, the Congress staged a walkout, saying they were not satisfied with her response.
"The pandemic, second wave of Covid, Omicron, Russia-Ukraine -- in spite of all this we have held the inflation at 7 per cent or below. And that has to be recognised," Ms Sitharaman said.
"Currently retail inflation is at 7 per cent. During UPA rule from 2004 to 2014, the inflation went into double digits. During that period, the inflation was above 9% for 22 consecutive months," she said.
The finance minister's response came after 10 days of chaos in parliament as the opposition demanded a discussion on price rise.
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