Updates of the Lok Sabha proceedings: In response to the opposition’s No Confidence Motion against the NDA administration, Finance Minister Nirmala Sitharaman presented the economic report of the Modi government, said “I want to mainly focus on the economy and inflation. The global economy is struggling with the twin challenges of inflation & a slow rate.”
13:18 (IST) FM Nirmala Sitharaman says, “Procuring of tomatoes from tomato growing regions of Maharashtra and Andhra Pradesh and also Karnataka and distribution of these through cooperative societies like NCCF, NAFED are all happening. Bihar, West Bengal, Uttar Pradesh, Delhi and Rajasthan – this has already started from 14th July and this will continue. Also in Delhi, mobile vans are distributing as outlets of NCCF and NAFED and also the Kendriya Bhandar.”
12:45 (IST) Union FM Nirmala Sitharaman says, “People moved no confidence against UPA in 2014 and 2019 and defeated them. The situation will be the same in 2024. HM said yesterday, what was the need to change the name of UPA?…They have an amazing unity. It is tough to understand if they are fighting against each other or together…”
12:37 (IST) Our real GDP growth in 2022-23 stood at 7.2 per cent. It is projected to grow at 6.5 per cent in 2023-24. These projections are given by several global agencies, and our own RBI projection is also the same: Nirmala Sitharaman in Lok Sabha
12:35 (IST) “Transformation comes through actual delivery, and not through spoken words. You show dreams to people. We make their dreams a reality. We believe in empowering all and appeasement of none,” FM Nirmala Sitharaman says.
12:34 (IST) Words like ‘banega, milega’ are not in use anymore. What are the people using these days? ‘Ban gaye, mil gaye, aa gaye’. During UPA, people said ‘Bijli aayegi’, now people say ‘Bijli aa gayi’. They said ‘gas connection milega’, now ‘gas connection mil gaya’…They said airport ‘banega’, now airport ‘ban gaya’…
12:30 (IST) While taking a sharp jibe at the previous UPA government, Finance Minister further adds ‘Earlier they use to say airports will be built, highways will be built, ports will be built, today it has been built. Changes took place by actual delivery, we believe in empowering all and appeasement of none: FM in Parliament.
12:30 (IST) We are bringing down poverty, earlier there were just ‘Garibi hatao’ solgans but today there is a transformation in our governance. In just 9 years, the economy rose and saw economic development due to the policies of our government. Despite COVID-19 today, we are the fastest-growing economy in the world: Sitharaman.
12:30 (IST) “So, India is in a rare position of being optimistic and positive about its future growth,” Union Finance Minister Nirmala Sitharaman says.
‘Global economy struggling due to inflation; Despite world economy slowing doing, India is doing well,’ Nirmala Sitharaman says in Parliament