Don’t know in which world Finance Minister lives … Why Priyanka Gandhi enraged Nirmala Sitharaman

New Delhi: Congress General Secretary Priyanka Gandhi Vadra has taken a sarcasm at Union Finance Minister Nirmala Sitharaman. The Wayanad MP said that in which world she lives in which she does not see inflation and unemployment. In fact, Nirmala Sitharaman on Tuesday referred to many things while responding to the discussion on the budget in the Lok Sabha. he/she said that there are many domestic and global reasons behind the fall in the rupee’s price against the US dollar.
Finance Minister Nirmala Sitharaman further said that the United Progressive Alliance (UPA) inflation was in a double issue during the government and had reached more than 10. However, now such a situation is not at all. Priyanka Gandhi reacted this and retaliated the Finance Minister in the Parliament complex. he/she said that I do not know which plane that (Finance Minister) lives. She is saying that unemployment has not increased, inflation has not increased.

Finance Minister Nirmala Sitharaman said on Tuesday that the Indian economy is returning to track at a low growth rate of 5.2 per cent in the second quarter of the current financial year. he/she said that the government will take measures to ensure that India remain the fastest growing economy in the world. Responding to the discussion on the budget of 2025-26 in the Lok Sabha, the Finance Minister said that the budget has taken measures to deliver money to the hands of people along with taking steps on the treasury front. Fiscal understanding can be gauged from this that 99 percent of debt will be used in capital expenditure in FY 2025-26.

Nirmala Sitharaman also said that inflation management is the top priority of this government. Retail inflation is within a satisfactory range of two to six percent. Especially the inflation of food items seems to be decreasing. Sitharaman said about the GDP (GDP) growth that the country’s growth rate was about eight percent in the three years before 2024–25. The country’s economic growth rate is estimated to be 6.4 per cent in the current financial year, the lowest in four years. The Economic Review of the Ministry of Finance has estimated the growth rate between 6.3 to 6.8 per cent in the next financial year 2025-26.

Sitharaman said that the budget came at a time when there are uncertainty globally and the global economic environment is changing. The global growth rate remains stable and inflation high. he/she said that in the last 10 years, there has been a lot of change in the world’s scenario and making budget is more challenging than ever. Budget balances national development needs with fiscal priorities. Sitharaman said on the rupee fall against the US dollar that various global and domestic factors are affecting the price of the rupee against the US dollar.

The Indian rupee has fallen by 3.3 per cent against the US dollar between October 2024 and January 2025. But this decline has been lower than the currencies of other emerging economies in Asia. During this period, South Korean Won and Indonesian Rupaiya have fallen by 8.1 percent and 6.9 percent respectively. In addition, the currencies of countries involved in all G-10 also declined by more than six percent during this period. Euro and British pounds have fallen by 6.7 percent and 7.2 percent respectively.