Govt likely to table white paper during ongoing session of Parliament: Reports

Money Control, February 06, 2024

The session has been extended by a day as 56 Rajya Sabha members who are retiring will be given farewell.

The White Paper will elaborate on India’s economic misery and its negative impacts on the economy during the Congress-led UPA government, which governed the country from 2004 to 2014.

The Centre is likely to table a white paper on the economic mismanagement under the UPA regime during the ongoing Parliament session, news agency ANI reported citing sources.

“The white paper will elaborate on India’s economic misery and its negative impacts on the economy through the White Paper on Economic Mismanagement during the UPA Government. It will also talk about the impact of positive steps that can be taken at that time,” stated ANI.

Prime Minister Narendra will also be replying to Motion of Thanks in Rajya Sabha. The session has been extended by a day as 56 Rajya Sabha members who are retiring will be given farewell.

Recently, 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.

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.

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