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This Article is From Aug 22, 2013

Volatility is leading to panic, Yashwant Sinha to NDTV on falling rupee: highlights

Volatility is leading to panic, Yashwant Sinha to NDTV on falling rupee: highlights
BJP leader and former Finance Minister Yashwant Sinha spoke to NDTV on the devaluation of the rupee, the Food Security Bill and the disruptions in Parliament due to the coal scam. Here are the highlights:

  • Prima facie agree with the Finance Minister
  • Government has failed to control the volatility, it is leading to panic
  • No party in the country will come in the way of populist schemes
  • I am personally opposed to the Food Bill, it's not the party line
  • The Food Bill will lead to unanticipated burden on the economy
  • Parliamentary democracy works on the basis of consensus, which is the responsibility of the government
  • What has happened (the missing coal files) is un-explanatory
  • The missing files from our period would have proved our innocence and the missing files from their period would have proved their guilt


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