Tag: recession

Finance Minister Nirmala Sitharaman on Wednesday while replying to a debate in the Rajya Sabha said that there is no recession in the economy. However, she admitted that there is slowdown, due to which the growth rate has come down. Citing the first tenure of UPA-2 (2009-2014) and NDA (2014-2019), inflation rate was low in the first term of the Modi government and the growth rate was moving very fast.

Union Law Minister Ravi Shankar Prasad has given clarification about the statement of films earning Rs 120 crores in a day. He said that I withdraw my statement. Prasad said, 'My entire video of media interaction is on social media. Nevertheless I regret to note that a part of my statement was misquoted. As a sensitive citizen, I withdraw my statement.