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‘How much does he know’: Arun Jaitley does a fact-check to hit out at Rahul Gandhi for his Mandsaur speech

Arun Jaitley said in a Facebook post countering Rahul Gandhi’s speech in a farmers’ rally in Madhya Pradesh that the government has not waived a single rupee due from any industrialist.

Madhya Pradesh Elections 2018 Updated: Jun 06, 2018 22:20 IST
HT Correspondent
HT Correspondent
Hindustan Times, New Delhi
Arun Jaitley,Rahul Gandhi,Mandsaur
Union minister Arun Jaitley said banking fraud started in 2011 when the UPA II was in power and it was only detected during the NDA period.(Reuters File Photo)

Union Minister Arun Jaitley on Wednesday said he wonders how much Congress president Rahul Gandhi knows about the subjects he speaks on .

On Wednesday, when Gandhi spoke at Madhya Pradesh’s Mandsaur , accusing the BJP-led central government of ignoring interest of farmers, Jaitley wrote in a blog post: “Every time I listen to the view of Rahul Gandhi, both inside and outside Parliament, I ask myself the same question — How much does he know? When will he know?”

Listening to his speech delivered in MP today, Jaitley said, reaffirms his curiosity about the answer. “Is he being inadequately briefed or is he being a little too liberal with his facts.”

The minister issued a point-by-point rebuttal of six points Gandhi raised.

Jaitley said Gandhi’s claim accusing Prime Minister Narendra Modi of waiving loans worth Rs 2.5 lakh crores of the 15 top industrialists in the country was completely false.

“The Government has not waived of a single rupee due from any industrialist,” he said, adding that the facts are to the contrary. “Those who owed money to the banks and other creditors have been declared insolvent and removed from their companies by IBC enacted by Prime Minister Modi’s Government. These loans were given largely during the UPA Government,” he said.

The Congress was quick to hit back. “Has arrogance of power reached such a zenith where BJP is blind to farmer distress? How are empty worded blogs an answer to betrayal of farmers by the Modi government?” asked Congress’ chief spokesperson Randeep Singh Surjewala.

He added that Gandhi’s farmers’ rally at Mandsaur has “shaken the foundations of the anti-farmer” BJP.

Jaitley also rejected as false the claim that loans aren’t available to farmers but only to industrialists. “This was during the UPA Government, particularly UPA II, when bulk of amount (that) constitutes the NPA’s today were given by the banking system during the period 2008-14. From 2014 we have been systematically taking one step after the other to recover these monies back,” he said.

He said Gandhi’s claim that the PM has given Rs 3,5000 crores each to two diamond jewellers who have now escaped out of country was also “factually false”. He said this banking fraud started in the year 2011 when the UPA II was in power. “It was only detected during the NDA period,” Jaitley said.

The minister said Gandhi’s claim that if the Congress comes to power mobile phones, which are made in China, will now be manufactured in India is “a case of inadequate knowledge”.

In the year 2014 when UPA went out of power, he said, there were only two mobile phone manufacturing units in India. “In 2018, with the result of our electronics policy and the incentives in a four year period, this has increased to 120 units with an investment of Rs 1,32,000 crores,” he said.

Jaitley also disputed Gandhis’ claim that jobs are not being created in India.

The latest GDP date has re-emphasised, he said, that India is the fastest growing economy in the world and there is a double digit growth in construction, expansion in manufacturing, an increased capital formation which indicates investment increase, large investment in physical infrastructure and increased investment in rural India.

First Published: Jun 06, 2018 19:09 IST