Centre rubbishes Yashwant Sinha's critique of Indian economy
New Delhi: The Centre on Wednesday rubbished former Finance Minister and veteran Bharatiya Janata Party (BJP) leader Yashwant Sinha's critique on the state of economy, claiming that the world acknowledges India as one of the fastest growing economies.
"The world acknowledges India is one of the fastest growing economies. No one should forget it. Our image at the international level is very strong," Home Minister Rajnath Singh said.
While briefing reporters about the Union Cabinet's decisions, Singh was asked about Sinha's newspaper article in which he said that the economy was on a downward spiral and poised for a hard landing.
Sinha had said in his article in The Indian Express that sector after sector of the economy was in distress and the November 8 demonetisation had proved to be an "unmitigated economic disaster".