8 December 2022

Mumbai : The NCP on Sun day described as ” absurd ” Union Finance Minister Nirmala Sitharaman’s ‘ rupee not sliding, but dollar strengthening remark and said she must focus on her ministry instead of making efforts for the BJP’s win in the 2024 Lok Sabha elections.

The Nationalist Congress Party ( NCP ) also said that safeguarding the country’s economy was Sithara man’s foremost duty as the finance minister.

During her ongoing visit to the USA, Sitharaman said that the rupee has not weakened but it is the dollar that has strengthened and defended the eight percent slide in the value of Indian currency against the greenback this year.

must safeguard economy: NCP
must safeguard economy: NCP

Speaking to reporters in Washington DC after attending the annual meetings of the International Monetary Fund ( IMF ) and the World Bank, she also asserted that the fundamentals of the Indian economy were strong and that inflation was low compared to other parts of the world.

In a statement, NCP spokesperson Cylde Crasto alleged, ” The ‘ rupee not sliding, but dollar strengthening’ is an absurd statement made by Finance Minister Nirmala Sitharaman. Making such statements will not hide the failure of her government in taking care of our country’s economy. “

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