FM Sitharaman 1676306539785 1676563839176 1676563839176

‘5 trillion economic system is a joke?’ FM says ‘each state ought to contribute’

Union finance minister Nirmala Sitharaman on Friday stated that ‘aiming for five trillion economic system isn’t a joke’ and each state ought to contribute in the direction of it. Her assertion got here in response to Telangana Chief Minister Okay Chandrasekhar’s controversial touch upon ‘5 trillion economic system’. 

The finance minister, who was talking at an occasion at Hyderabad, additionally cited that Telangana has incurred a debt of over 3 lakh crore, which was solely 60,000 crore in 2014. 

“How are you going to say that intention of 5 trillion economic system is a joke? Each state ought to contribute in the direction of it. Who’re you laughing upon, the folks? In 2014, debt of Telangana was 60,000 crore, however within the final 7-8 years it has crossed Rs.3 lakh crore,” FM Sitharaman stated. 

KCR, just lately stoked controversy together with his assertion, after he termed USD 5 trillion economic system as a “joke” and “foolish”. He additionally stated that the goal ought to have been a lot greater.

In a viral video, he was additionally heard saying that there’s nothing nice about making the Indian economic system price USD 5 trillion by 2025 and that it’s one thing an odd “clerk” can account for.

“What’s the additional effort you might be placing in? Nothing. If you’ll be able to do it, In the event you’ve revolutionary abilities, if you’re a dynamic authorities, please do one thing like china within the line of Deng Xiaoping, one thing in keeping with Lee Kuan Yew of Singapore. That’s one thing nice, not USD 5 trillion economic system,” KCR stated in a video.

The finance minister additionally slammed the state authorities on knowledge associated to medical faculties. 

“When the centre requested for the listing of locations for medical faculties, the state (Telangana) listed Karimnagar & Khammam. However these locations already had medical faculties” Union FM Sitharaman

“Now you might be telling that you simply didn’t obtain a single medical faculty in 157 medical faculties from the Centre. You do not have the information of locations in Telangana which have medical faculties & you are blaming NDA as ‘No Knowledge Accessible,” she added.

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