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Read IMF report to understand progress under NDA: Jaitley

Read IMF report to understand progress under NDA: Jaitley

India Blooms News Service | @indiablooms | 26 Aug 2018, 02:13 pm

New Delhi, Aug 26 (IBNS): Challenging the development made under the Congress-led UPA government regime, Union Minister Arun Jaitley on Sunday said one should read the report published by the International Monetary Fund (IMF) to understand the progress made under the current BJP-led NDA government.

He also took on social media platforms like Twitter and Facebook to summarise the latest report released by the IMF.

Jaitley said a comparison of the data released by the IMF in 2014 and 2018 will prove how the two UPA governments failed in several sectors which include high inflation, fiscal deficit, standstill infrastructure, power sector and allocation of natural resources.

Jaitley tweeted: "An analysis of what the IMF had to say in 2014 as against 2018 is very clear - high inflation, high fiscal deficit, high current account deficit, a standstill infrastructure, power sector, & allocation of natural resources."

He said: "We have come a long way. The last four years have seen a series of reforms, both legislative and otherwise, which have been carried at by the Government. The system have been substantially cleaned up and made more transparent."

The Union Minister urged people to read the IMF report and tweeted: "In last 4 years decisiveness has led to easier decision making and made the economy stand out amongst several other countries. I would urge all to read these two IMF reports, the copy of which are now publically available, any reasonable person will concur with what I have said."

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