Jaitley condemn UPA, says NDA inherited 11 percent inflation

Finance Minister Arun Jaitley on Wednesday said the NDA government has consistently managed a four percent inflation during its rule compared to 11 percent inflation it inherited from the UPA and BJP leaders were fully justified in their criticism of the previous government over price rise.

Asked about the videos of BJP leaders circulating in social media in which they have slammed the Congress-led UPA government over rising in price of petroleum products, Jaitley said they were right in their criticism.

"We were rightly criticising them because there is a world of difference between 11 percent inflation during UPA and a consistent 4 percent inflation during NDA. Our own record in inflation management has been exemplary," Jaitley said.

Jaitley, who was the leader of Opposition in the Rajya Sabha during UPA-II rule, had held joint press conferences with then Leader of Opposition in Lok Sabha Sushma Swaraj, to slam the UPA government after the conclusion of parliament sessions.

"We inherited 11 percent inflation and certainly we would have been failing in our duty if Sushmaji and I as leaders of opposition had not criticised that. We have consistently maintained a four percent inflation in the last four years," he said.

In the videos, some BJP leaders including Prime Minister Narendra Modi, are seen slamming the UPA government over the fall in the value of rupee against the dollar besides hike in the price of petroleum products.

The videos are circulating at a time when the price of petroleum products are at a record high and the rupee has seen its sharpest fall against the dollar.