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If I Were A Job Applicant, Jaitley Wouldn't Be In Finance Ministry: Yashwant Sinha

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| September 29 , 2017 , 13:52 IST

Finance Minister Arun Jaitley responded indirectly to Yashwant Sinha's column on the economy being a 'mess' due to Jailtley by referring to the former finance minister as a 'job applicant at 80'. Replying to Jaitley's comment, Yashwant hit back, saying "if I was a job applicant, he (Jaitley) would not be there in the first place".

In Yashwant Sinha's write-up, he said, "I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy."

Detailing Jaitley's role, Sinha wrote, "Jaitley was, to begin with, a lucky finance minister, luckier than any in the post-liberalisation era. Depressed global crude oil prices placed at his disposal lakhs of crores of rupees. This unprecedented bonanza was waiting to be used imaginatively. But the oil bonanza has been wasted and the legacy problems have not only been allowed to persist, they have become worse."

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Following Yashwant Sinha's piece, several politicians spoke up, while some supporting Sinha, others defending the economy. His own son, union minister Jayant Sinha also launched a defence of the 'new economy'.

Arun Jaitley, the main target of Sinha's article responded indirectly at the launch of the book 'India @ 70, Modi @ 3.5: Capturing India’s Transformation Under Narendra Modi' when he said that maybe the book should have been named “India@70, Modi@3.5 and job applicant@80” referring to 84-year-old Yashwant Sinha.

In a more targeted attack on Sinha, Jaitley said that he is not a former minister-turned-columnist and cannot forget policy paralysis.

"I do not have the luxury as yet of being a former finance minister. Nor do I have the luxury of being a former finance minister who has turned a columnist and, therefore, I can conveniently forget a policy paralysis, I can conveniently forget the 15 per cent NPAs of 1998-2002, I can conveniently forget the $4-billion reserve left in 1991 and I can switch over and change a narrative,” Jaitley said.