India fastest growing economy, some raise questions out of jealously: Sitharaman

India is the fastestgrowing economy under Prime Minister Narendra Modi but there are people in the Opposition who keep raising questions over the countrys progress just out of jealousy Finance Minister Nirmala Sitharaman said in Lok Sabha on MondayThe ministers remark came during the Question Hour after Congress member from Telangana A Revanth Reddy raised the issue of depreciation of the rupee against the dollar and sought to know from the government if it has any action plan to control the situationThe Congress MP from Telangana alleged that the Modi government has ruined the countrys economy since 2014 and also referred to Prime Ministre Modis remark made during the erstwhile Congressled UPA regime that the rupee had gone into the ICU when it was valued at Rs 66 against a dollarReplying to Reddys question Sitharaman said the Congress member while referring to Modis remarks on the value of the rupee against the dollar in the past should have also spoken about the economic indicators of that timeEconomy was certainly in the ICU then India was kept in fragile five she saidIndia is the fastest growing economy today despite the pandemic and the RussiaUkraine war she assertedThis is a matter of pride But they are making fun of it she saidIts sad that they talk such things out of jealousy when our economy is doing well Today these people are standing against the Indian economy the finance minister hit backAlso Read India looks to strengthen ties with US with greater vigour Nirmala SitharamanShe asserted that the Indian rupee has been strong against every currencyAnd that is proved and I can read the records she addedThe US dollar is getting stronger and stronger due to the policy adopted by the US Fed the finance minister saidIn the last couple of weeks the foreign reserves have gone up because of the flow of FDIs and FIIs she saidThe fact remains that the reserves are going up Thats why at this time talks about foreign exchange rupee depreciation reserves coming down or investors running away are actually not proven by data she addedWhile asking a supplementary question Congress member Reddy said the government under Prime Minister Modi has borrowed over Rs 18 lakh crore in the past eight years alone while the countrys borrowing from 1947 to 2014 stood at over Rs Rs 5587 lakh croreYou are living on borrowing Rs 10 lakh crore every year this government has completely ruined the country he chargedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever