Trade Tactics: UPA Versus Modi's Economic Milestones
The Congress, led by Anand Sharma, rebutted Prime Minister Modi's criticism of UPA's trade negotiations, highlighting significant trade pacts signed during their tenure. Modi countered, emphasizing the NDA's strategic trade deals that have strengthened India's global position. The debate underscores contrasting economic strategies of the UPA and Modi governments.
- Country:
- India
In a sharp retort to Prime Minister Narendra Modi's critique of previous trade negotiations under UPA, the Congress has labeled these assertions as 'incorrect'. Former minister Anand Sharma emphasized that India, during the Congress-led era, inked numerous crucial trade agreements, reflecting a 'self-assured' nation under economic duress.
Sharma contested Modi's claim of 'poor economic management', citing rapid GDP growth and resilience against the 2008 global financial crisis as testament to UPA's economic stewardship. He noted, under Congress, India's GDP reached over 2 trillion US dollars, and trade agreements with nations such as ASEAN and Japan were successfully secured.
Conversely, in an interview, Modi highlighted recent trade agreements as products of enhanced confidence and a vibrant domestic industry. He criticized UPA's trade talks as inconsistent and ultimately ineffective, contrasting this with his administration's achievements in establishing a robust, investment-friendly, rules-based economy.
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