Trade Wars: Congress vs. Modi on Economic Legacy
The Congress has dismissed Prime Minister Narendra Modi's criticisms of past trade negotiations under Manmohan Singh, asserting successful trade agreements were signed during the UPA's tenure. Former minister Anand Sharma argued that economic management was robust, countering Modi’s claims of ineffectiveness. Concerns were raised over the current US trade deal's transparency.
- Country:
- India
In a fervent defense, the Congress party has rebuffed Prime Minister Narendra Modi's criticism regarding trade negotiations during the tenure of former PM Manmohan Singh. Former Commerce Minister Anand Sharma strongly refuted Modi's claims of poor economic management and ineffective trade deals.
Sharma highlighted that under the UPA government, India secured key trade agreements with ASEAN, Japan, South Korea, Singapore, and Malaysia, while managing an impressive average GDP growth. He criticized the Modi government's recent trade dealings, particularly pointing out the lack of transparency in the US agreement.
Modi, on the other hand, defended his administration's record, highlighting recent trade successes, which he attributed to solid economic policies and improved negotiations. He maintained that the previous UPA regime was marked by indecisive bargaining and left India vulnerable.
(With inputs from agencies.)
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