Country being misled with fake economic data: Yashwant Sinha

AHMEDABAD: Former Union Finance Minister Yashwant Sinha on Tuesday said the country has been “misled” through “fake and bogus economic data” and attacked the Central Government over weakening of Rupee against the US dollar.

He also contested the Central Government’s claim on the growth of the economy under the BJP rule.

The former BJP leader said investors have withdrawn lakhs of crores of rupees (from markets), which is a matter of concern.

“When rupee fell in 2013, current Prime Minister (Narendra Modi) said aloud that the rupee has gone into ICU. Today, they are not saying a word when the rupee is going to touch 75 (against the US dollar),” Sinha said.

He was addressing a gathering of the Gujarat chapter of Rashtra Manch, a political action group.

BJP MP Shatrughan Sinha, Samajwadi Party spokesperson Ghanshyam Tiwari and former Gujarat chief minister Suresh Mehta also spoke on the occasion.

“They (the government) are giving fake (economic) data and the country is being misled on the basis of bogus data. Because, if the country is growing at the rate of 8 per cent, as per Government’s claim, then why is rupee so weak?” Sinha asked.

Blaming the Centre’s claim on the GDP growth, the former BJP leader said the economic data is being played upon. (AGENCIES)