BJP's RS Prasad calls Manmohan 'so-called economist'

Union Minister Ravi Shankar Prasad addressing the media at the BJP HQ at New Delhi. Highlights of his briefing.


"Under the so-called economist Prime Minister Manomhan Singh, the entire banking system went haywire due to all kinds of interference with it. Congress party has issues with technology since technology brings transparency.


"Rafale deal is in discussion these days. It is very surprising that Congress party which is drowned in corruption in Bofors among other purchases of weapons system, is raising questions on the Rafale deal. It couldn't execute Rafale deal for 10 years.


Time and again we have stated that not a single loan given under our govt is NPA. In 2008, the total advance to people given by the banks was Rs 18.06 lakh crore. By March 2014, the amount went up to Rs 52.15 lakh crore. The stressed asset identified out of this was only 36%. Now the stressed asset has risen to 82% out of that advances made in the UPA govt. This means for more than one occasion, the correct data could not make it to the records of the banks under the UPA govt.


"There was a Scheme 80:20 introduced in August 2013 & repealed in November 2014. On 16th May 2014, the date of the declaration of results, the then Finance Minister gave 'aashirvaad' to 7 pvt companies under 80:20 Scheme.


"One of those companies was Gitanjali (Mehul Choksi's company). Chidambaram and Rahul Gandhi must answer why was this passed on the day of results to benefit these seven pvt companies? Chidmabaram swayam nahi kar rahe theyy seedha aashirwaad tha. 


"Congress, UP, Haryana, Jharkhand, Kashmir mein haari. Hum ummid karte the ki North-East mein Cong ki pakad hai. Par Cong Tripura aur Nagaland mein 0. Nagaland mein BJP ne 20 candidates utare, aur 12 jeete. Hume 15% vote mile, aise pradesh mein jahan 88% Christians hain.