Finance Minister Nirmala Sitharaman in an exclusive interview with Editor-in-chief, Network18, Rahul Joshi, said the Centre plans to table white paper in Parliament soon.
"White paper to focus on the impact of the mismanagement of the economy during the previous regime. The white paper will talk about all the steps that were immoral and what kind of positive impact the right steps could have had on the economy then, " she said. "We lost 10 glorious years... Every area of the economy was ridden by problems from banks to minerals."
She said the government did not put out the white paper earlier as it did not want people to lose faith in it and institutions. "So, the PM first restored the economy, which is why a white paper was not put out earlier. The PM is never in favour of quick twists and turns," she said.
Sitharaman said the era is changing. "People don’t like corrupt leaders," said the Finance Minister.
After presenting the Interim Budget on February 1, Finance Minister Nirmala Sitharaman said white paper will look at where the country was till 2014 and where it is now and where it is now.
The Finance Minister had said that when the BJP-led NDA government came to power in 2014, its responsibility was enormous.
"The need of the hour was to give hope to the people, to attract investments, and to build support for the much-needed reforms. The government did that successfully following our strong belief of 'nation-first'," she said.
According to her, the exemplary track record of governance, development, and performance, effective delivery, and Jan Kalyan had given the government trust, confidence, and blessings of the people.
Sitharaman had said "based on its stupendous work", the government will be blessed again by the people with a resounding mandate this year.
The Lok Sabha elections are likely to be held in April-May this year.
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