Sitharaman does not know economics - Subramanian Swamy


New Delhi, Dec 1 (IANS): In a scathing attack on Finance Minister Nirmala Sitharaman, senior BJP leader Subramanian Swamy has said, "she doesn't know economics".

Swamy's attack comes at a time when Sitharaman is defending the Modi government's economic policies and denying that there is a slowdown in the economy.

In a recent interview, Swamy said, "If you see the press conferences, she is handing the mic to civil servants to answer."

"What is the problem in the country today? Poor demand. Supply is not the problem. But what did she do? She relaxes taxes for corporates. Corporates are flushed with supply. They will just use it," Swamy said.

Part of the problem, Swamy said in the interview was that Prime Minister Narendra Modi's advisors were too afraid to tell him the truth.

"The Prime minister knows nothing about it. He is being told ‘wonderful growth rate'," Swamy said.

Swamy has been positioning himself for the FM's post and had earlier been critical of Arun Jaitley also, but has been overlooked for the job.

"He doesn't want me," Swamy said about PM Modi. "He doesn't want any minister to talk back to him, let alone in public, but in private cabinet meetings too."

"If you look at the economy with a discerning eye, you see that growth may have come down," Sitharaman said in the Rajya Sabha on November 27.

"But it is not a recession yet and won't be a recession ever."

Swamy, however, slammed the growth figures and put out numbers closer to 1.5 per cent. said, "Do you know what the real growth rate today is? They are saying that it is coming down to 4.8%. I'm saying it is 1.5 per cent", Swamy said in the interview.

Swamy's Twitter account is full of tweets and articles which remind everyone that only he had warned of the economy going into a tailspin as early as 2015, four years back.

  

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Comment on this article

  • AnoNymouS, Mangalore

    Mon, Dec 2 2019

    "He doesn't want me," Swamy said about PM Modi. "He doesn't want any minister to talk back to him, let alone in public, but in private cabinet meetings too."
    What more can I say. PM wants only people who say "Yes Prime Minister". Looks like he is a dictator even inside the cabinet office according to Swamy.

    DisAgree Agree Reply Report Abuse

  • gratia, mangaluru

    Mon, Dec 2 2019

    Nirmala seetharama totally useless LADY, don't expect from her anything

    DisAgree Agree [3] Reply Report Abuse

  • flavian dsouza, chik/bengalur

    Mon, Dec 2 2019

    Both dont know ...but entire nation knows months ago

    DisAgree Agree [9] Reply Report Abuse

  • ad, mangaluru

    Mon, Dec 2 2019

    I don't think she even knows kitchen economics.

    DisAgree Agree [9] Reply Report Abuse

  • k b r, Mangala Uru

    Mon, Dec 2 2019

    what does she know

    DisAgree Agree [8] Reply Report Abuse

  • YOGI THUNTA, MANGALURU - NEAR PUMPWELL CIRCLE

    Sun, Dec 1 2019

    You cant convince an arrogant person with stubborn attitude that too you are in BJPeeee as the trend or wind is blowing in one sided through out the nation !! Top of that this lady has taken for granted the whole nation and jeopardized the economy despite the reminders from the professionals ! she has got duff ears for that as she got the EGO carrying on her head as she holding very important portfolio of the nation/.

    DisAgree [3] Agree [17] Reply Report Abuse

  • Andrew, Mangalore

    Sun, Dec 1 2019

    Modi does not like to surround himself with the best. He has assembled a team of pliant yes men and yes women afraid to speak the truth.

    DisAgree [2] Agree [30] Reply Report Abuse

  • myna, Mysuru

    Sun, Dec 1 2019

    Subramanian Swamy has become a PERSONA NON GRATA in his own party. He always took advantage from political parties for selfish ends and later ditched the leaders and the party. Even if he speaks the truth his party doesnt believe him. Sad Story.

    DisAgree [3] Agree [11] Reply Report Abuse

  • Allen, Mangalore

    Sun, Dec 1 2019

    If PM's advisors are too afraid to tell him the actual figures, hope PM can read the actual figures atleast in some Gujrati news papers!

    DisAgree [1] Agree [28] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Sun, Dec 1 2019

    It's a structural breakdown in the economy, will take a long time to reverse!

    DisAgree Agree [31] Reply Report Abuse

  • Moshu, Mangalore

    Sun, Dec 1 2019

    There is an atmosphere of fear, people are afraid to criticise the government and do not have the confidence that the government will appreciate any criticism unlike before 2014 people had the freedom to critique the UPA government but that the current regime has created an environment of fear and uncertainty,

    DisAgree [4] Agree [50] Reply Report Abuse

  • MV, MANGALORE

    Sun, Dec 1 2019

    He is jealous of Nirmalaji.Indian economy is very strong thanks to srimaan modiji.

    DisAgree [112] Agree [10] Reply Report Abuse

  • MM, Mangalore

    Sun, Dec 1 2019

    No no, he is anti national to be deported to Pakistan.

    DisAgree [8] Agree [56] Reply Report Abuse

  • Nawaz, Udupi/ Kuwait

    Sun, Dec 1 2019

    I wonder What is there to be jealous?

    DisAgree [5] Agree [36] Reply Report Abuse

  • D'Souza, Mangalore

    Mon, Dec 2 2019

    Your comment has hit the century mark where "Disagree" is concerned.

    So please do not show to the whole world your ignorance about the present economic condition of this country.

    DisAgree Agree [7] Reply Report Abuse

  • Shan, Udupi

    Sun, Dec 1 2019

    He is wrong. My wife is commerce graduate. She knows very good economics. To whom I have given money, how much I am spending., I spent for whom.? It's for her family or my family?

    DisAgree [8] Agree [39] Reply Report Abuse

  • Vishal, Mangalore

    Sun, Dec 1 2019

    So what if she does not know economics? She has the most important quality of being in the government - she is obedient to Modi. And that is what matters the most. If Modi wanted, he could have selected much better brains than the late Arun Jaitley or Nirmala. He had people like Yashwant Sinha and Arun Shourie in his party but he did not want them because he knew it would be difficult to lead them by their nose and he also knew they were people who would question his policies. So not wanting to take chances, he quietly sidelined them and chose people who he thought would not question him. The result is the economy lost its way and started faltering. Even in Nirmala's case, I don't think she has the complete authority to take decisions on her own. It is Modi and Modi alone who is calling the shots. These people like Nirmala, Prasad or Javdekar are all there just to speak for Modi and try to shield him when he is cornered. To all intents and purposes, it is a one man show. A blind man leading crores and crores of Indians who are blindly following him.

    DisAgree [6] Agree [72] Reply Report Abuse

  • Dinesh, Dubai

    Sun, Dec 1 2019

    Now they call him anti national?

    DisAgree [3] Agree [66] Reply Report Abuse

  • Khabib, Manglore

    Sun, Dec 1 2019

    This bagwa party no only gow mutra, divide n rule, corruption,riot,make anti religion statemnent, etc...chai wala is thier captain

    DisAgree [13] Agree [47] Reply Report Abuse

  • Honnappa, Byadagi

    Sun, Dec 1 2019

    Sidelining of senior leaders in BJP has brought India to this condition. Now our mahasevak only listens to smartphone experts ( digital experts ? ) who do not even have idea of India's diversity and ground reality in all fields and solutions which have worked abroad will be not be successful here. These experts and mahasevak think that everything can be solved by aadhar and smart phone. Irony is that so many educated people blindly believe them. See the flip flops in onion policy of this government , onion prices have crossed rupees hundred per kilo and they allowed export of rose onions and at same time calling tender for import of onions from foreign countries. Really tragic.

    DisAgree [2] Agree [45] Reply Report Abuse

  • Santan Mascarenhas, Kinnigoli/Mumbai

    Sun, Dec 1 2019

    Two teachers in UP suspended because they cannot read English. Sitharaman is an MA in Economics, but does not know anything about it, as told my SS. By the above logic, is this FM also not a good candidate liable to be suspended ? But, for our PM, logic does not work, since he wants only yes men.

    DisAgree [2] Agree [50] Reply Report Abuse

  • indian, DUBAI

    Sun, Dec 1 2019

    actually Gdp rate is 15 and opposition is deliberately removed 1 showing only 5 %. jai ho Modiji
    Ache din already came

    DisAgree [33] Agree [13] Reply Report Abuse

  • Rajashekaran, Kochi

    Sun, Dec 1 2019

    Nirmala Sitharamji is a highly learned person..S.Swamy is simbly feeling jealous because he wanted to be FM

    DisAgree [105] Agree [12] Reply Report Abuse

  • SN, MANGALORE

    Sun, Dec 1 2019

    You dont know the qualification of subramanya swami although he talks straight whatever he feels. Our economic condition is very pathetic, hope that some able guy who knows economics will replace her before going from bad to worse.

    DisAgree [4] Agree [57] Reply Report Abuse

  • Anees, Karkala/Dubai.

    Sun, Dec 1 2019

    Union Government filled with Marketing Executives.No minimum Qualification required.

    DisAgree [4] Agree [65] Reply Report Abuse

  • Anonymous, Mangalore

    Sun, Dec 1 2019

    Present. Govt is being functioned only on advertisements..

    DisAgree [3] Agree [71] Reply Report Abuse

  • Nawaz, Udupi/ Kuwait

    Sun, Dec 1 2019

    It is the first time in the History of India, that Finance Minister Miss Sitararaman presented the Union Budget in July 2019, with literally no data on any Revenues & Expenditure Forecast at all. Only Promises. And They called it a Milestone of a new Era. And all Godi Media houses came up with all praises.

    DisAgree [2] Agree [52] Reply Report Abuse

  • Raja, moodbidri

    Sun, Dec 1 2019

    Subramanian Swamy is internationalist!!!!!!, so please be prepared to go Pakistan, Bhutan,Nepal or Bangladesh. otherwise finally u will find yourself in Jail! ha ha ha

    DisAgree [2] Agree [48] Reply Report Abuse

  • Nawaz, Udupi/ Kuwait

    Sun, Dec 1 2019

    There could be 2 reasons for the tax benefits to the Corporates.
    1. It is easier to take it back later; for any convenient reason.
    2. It gives the impression to the public ( by looking at the profit/loss figures) that the Companies are doing good and everything is all right in the business sector.

    DisAgree [2] Agree [35] Reply Report Abuse

  • Dinesh, Udupi

    Sun, Dec 1 2019

    What she knows about economics? she is just a spokes person representing finance ministry. Economy policies are set by advisers and bureaucrats.

    DisAgree [1] Agree [46] Reply Report Abuse

  • ayes p., kudla/ksa

    Sun, Dec 1 2019

    Andh Bhakts now you can understand/believe what's happening in our country.
    Please wake up atleast now.

    DisAgree [2] Agree [53] Reply Report Abuse

  • Dinesh, Udupi

    Sun, Dec 1 2019

    SS didn't spare anyone who is in line with his profession(except( PV Narasimha Rao), then why SS cannot become a finance minister..?

    DisAgree [3] Agree [26] Reply Report Abuse

  • Paul, mangalore

    Sun, Dec 1 2019

    if he becomes Fifinace minsiter sabka pungi bajyega .
    He will not listen to Modi nor Amith shah..
    Thats why ?? so now because he is not given the post he is speaking ..But he is right . Nirmala Sitaraman:. doesnt know anything except her dirty attitude smile ....

    DisAgree [2] Agree [37] Reply Report Abuse

  • Evans C. Sumitra, Udupi/ New York, USA.

    Sun, Dec 1 2019

    My hats off to Subramanian Swamy for speaking up about FM Nirmala Sitharaman's knowledge on economics of which she has zero of everything if I am not mistaken.

    DisAgree [3] Agree [66] Reply Report Abuse

  • Evans Alex, Mangalore

    Sun, Dec 1 2019

    Cat is finally out if the bag.Bjp trouble shooter .mr. Subramany Swamy says no minister has guts and dare talk and tell p.m., the real facts.By their fear and hypocracy, and bending back wards in hero heror worship The evonomy has come to this pass.its high time finance minister show guts and speak the truth tp thr p.m.anf nationr.

    DisAgree [3] Agree [46] Reply Report Abuse

  • Chandu, Karla

    Sun, Dec 1 2019

    Andheree nagaree meh kaniyaa Badshah......!! Rajaa bhi Kush... Prajaa bhi Kush....!!

    DisAgree [4] Agree [41] Reply Report Abuse

  • G R PRABHUJI, MANGALORE

    Sun, Dec 1 2019

    Why only Nirmala, I think including PM, Amit and others do not know what is ruling. They only know Hindutva and Temple, statues. Nothing else. Economy, administration ,GDP. has gone such a low level.

    DisAgree [5] Agree [82] Reply Report Abuse

  • Narendra Kumar, Mangalore

    Sun, Dec 1 2019

    If they new Anything they would not have jumped into the middle of the night to form government in Maharasthra by buying Ajith Pawar! What Subramanya Swamy said about the actual growth is not 4.8% or 4.5%....It is anywhere between 1% and 2% in reality!!!. How long these two thugs will fool the general public. Let Udhav Tackeray present C.M of Maharathra open Justice Loya's murder case....All will fall in line one by one.... Jailtley is gone by the wind for his sinester deeds...with curse of ill implemented GST and self created Electroral Bonds by bypaasing RBI and E.C's observations! Nirmala has no clue on where she is on earth or in seven heaven!!! Forget the economics...and Shah and Modi are too are in seven heaven fooling the nation. Everything happens for good...bhakths are left only with undergarments to rejoice NAMO and HOWDY with RBI's Whaite Money .....but not with Swiss Bank's Black Money!!!

    DisAgree [4] Agree [66] Reply Report Abuse

  • Nawaz, Udupi/ Kuwait

    Sun, Dec 1 2019

    If a citizen fails to pay tax, then you he is termed as a Criminal. And when you pay tax, then the Government spends it to the Corporates. Wah Modiji wah.

    DisAgree [3] Agree [49] Reply Report Abuse

  • RAHUL, Mangalore

    Sun, Dec 1 2019

    PM Modi needs too much talkative people same like him.
    Tumbidha koda tuluku dilla.
    For example Mr.Naveen kumar kateel dont know how many disticts in karnatak but he can terrorise people & also he is wholesale dealer of lies.

    PM Modi accuse Mr.Singh as a moun pradhani.
    BJP comes to power to destroy Indian economy.
    Nationalisation is whitewash to buy arms & ammuniations through Gujju middle men.
    BJP can bring augutha land scam accused to INDIA but unable bring bank dacoiths NIrav Modi /Mallya & other gujjus.

    It seems all black money deposited back to Indian account.

    DisAgree [4] Agree [39] Reply Report Abuse

  • Nawaz, Udupi/ Kuwait

    Sun, Dec 1 2019

    Mr. Swamy really does know that Mr. Srimanji gives Ministries to the People who acts as Stamps to the orders of Srimanji and would never object or question back to Srimanji. That is why Mr. Srimanji's Ministers are from a group of few selected people and these people keep on rotating and swapping the Portfolios.
    For example take a look at the Positions of Mr. Jaitley: Minister of Finanace/ Corporate Affairs,/Defence/Information& Broadcasting/Law & Justice/ Minister of State for Information & Broadcasting.
    Positions of Nirmala Sitaraman: Minister of Defeence/ Commerce & Industry/ Finance & Corporate Affairs.
    And then everybody knows about HRD/ Textiles Minister; the bahu of India, Miss Smrirti Irani Ji.

    DisAgree [2] Agree [29] Reply Report Abuse

  • Roshan Rodrigues, Mangalore

    Sun, Dec 1 2019

    No Comments
    India will understand

    DisAgree [3] Agree [31] Reply Report Abuse

  • Nice, Mangalore

    Sun, Dec 1 2019

    .

    Its not the Government that needs to be blamed ,
    Its the voters who voted the Government back to Power who need to take responsibility.
    Unfortunately every honest TAX abiding citizen needs to suffer as well

    .

    DisAgree [3] Agree [51] Reply Report Abuse

  • Zain, Mangalore - Doha

    Sun, Dec 1 2019

    At-last someone from her party realized the truth

    DisAgree [3] Agree [44] Reply Report Abuse

  • Elwyn Goveas, Valencia

    Sun, Dec 1 2019

    This finance minister's knowledge in economics is zero compared to the former Prime minister Dr. Manmohan singh the learned economist where he took India to greater height.

    DisAgree [2] Agree [87] Reply Report Abuse

  • S.M. Nawaz Kukkikatte, Dubai

    Sun, Dec 1 2019

    Why to compared FM minister Nirmala with Dr. Manmohan Singh?
    there is the sky and earth difference in both

    DisAgree [3] Agree [62] Reply Report Abuse

  • Flavian, Mangaluru/Kuwait

    Sun, Dec 1 2019

    What about our PM ?
    Both are very good in their oratory skills.
    She would always defends her steps taken, even when the experts try to prove her ways of handling is \
    not in right directions. Moreover, she is too stubborn and would not come to terms easily.

    DisAgree [3] Agree [77] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Dec 1 2019

    Subramanian Swamy is a Genius ...

    DisAgree [4] Agree [72] Reply Report Abuse

  • Rudolph Pinto, Kadri. Mangalore

    Sun, Dec 1 2019

    Like he says. Nobody listens to him!

    DisAgree [2] Agree [55] Reply Report Abuse

  • George, Mangalore

    Sun, Dec 1 2019

    Swamy should be made the finance minister or the Prime Minister of the country.
    Surely India’s GDP will grow. Wish that day will come soon.

    DisAgree [2] Agree [48] Reply Report Abuse

  • Anil, Dubai

    Sun, Dec 1 2019

    now they started blaming each other …
    One doesn’t know it-seems what’s going on, on economics..
    (off course if non educated 1- p.m how does know about economics)

    DisAgree [3] Agree [38] Reply Report Abuse

  • Pnto, Mglr

    Sun, Dec 1 2019

    Atlast he spoke some sense swamy there will be some raid on you soon

    DisAgree [2] Agree [70] Reply Report Abuse

  • HENRY MISQUITH, India

    Sun, Dec 1 2019

    She Knows Vonakkam
    Idli Wada and Sambar!

    DisAgree [3] Agree [79] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Sun, Dec 1 2019

    I prefer to keep my Mouth Shut ...

    DisAgree [4] Agree [47] Reply Report Abuse

  • Vishal, Puttur

    Sun, Dec 1 2019

    At times our Swamy has no sense of commonsense. If I am not mistaken, he is in BJP!!

    DisAgree [7] Agree [35] Reply Report Abuse

  • RonRon, Udupi

    Sun, Dec 1 2019

    Yes...we all know, we knew she was not having any knowledge in Defence too...

    DisAgree [3] Agree [51] Reply Report Abuse

  • Mathew, Udupi

    Sun, Dec 1 2019

    Swamy is telling us what we knew anyways. Not surprised at this revelation

    DisAgree [2] Agree [51] Reply Report Abuse

  • SJM, Mangalure

    Sun, Dec 1 2019

    Che Che—- what a shame ! Still andh bakth ‘s support her policies

    DisAgree [2] Agree [75] Reply Report Abuse

  • Rolf, Dubai

    Sun, Dec 1 2019

    Swamy will be called antinational and Pakistani supporter by Bakath.

    DisAgree [2] Agree [86] Reply Report Abuse


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Title : Sitharaman does not know economics - Subramanian Swamy


 
 
 
 

 
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