UPA left a ‘terrible legacy’ behind, PM Modi doesn’t want to do that: Arun Jaitley

He took on the previous UPA government, saying that between 2004-14, it did not want to take any decision and therefore left a "terrible legacy" behind.

By: PTI | New Delhi | Updated: November 25, 2016 10:15 pm
Demonetisation, Arun Jaitley, Jaitley Demonetisation, Jaitley modi, Jaitley UPA, Jaitley PM Modi Union Finance Minister Arun Jaitley. PTI Photo

Rejecting former prime minister Manmohan Singh’s criticism of demonetisation, Finance Minister Arun Jaitley today said the NDA government is trying to transform the previous regime of “loot and plunder” into a more “honest system”. “We are trying to transform India’s economy where there is a premium on honesty… We switched over from a system which promotes it (corruption, dubious political funding, bribery) into a more ethical system which the developing economies in the world has followed,” Jaitley told Times Now.

He regretted that the Congress-led UPA government did not find the 2G spectrum auction, coal auction and the CWG scam, the crony capitalism at its worst as “organised loot and plunder”. “The transformation into a more honest system is being called loot and the kind of regime that we saw between 2004-14 is being called the Indian normal. This hypothesis I completely reject,” Jaitley said.

Speaking in the Rajya Sabha yesterday, Singh had termed the implementation of demonetisation as a “monumental management failure” and a case of “organised loot and legalised plunder” and would lead to 2 per cent decline in GDP. Taking a dig at the government’s contention that demonetisation would benefit in the long run, the former prime minister recalled a famous quote by economist J M Keynes that “in the long run, we are all dead”.

Jaitley retorted by saying, “Yes, of course, we will all be dead, but when we get an opportunity to be in government, are we only to think about our own generation? The country will live on even when we are all dead. Therefore, what is the legacy for that country which we are going to leave behind?”

He took on the previous UPA government, saying that between 2004-14, it did not want to take any decision and therefore left a “terrible legacy” behind. “But the present Prime Minister doesn’t want to leave behind a legacy of ‘do-nothing’ approach or a policy paralysis. He has taken a very courageous decision in which we want to transform India and even in the long run…,” Jaitley said.

“The country will live on,” he added, wondering whether “we are going to leave behind a better country or going to leave behind a status quo…”

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  1. A
    Albert Colaco
    Nov 26, 2016 at 5:18 pm
    Arun zJaitley and his ministerial colleagues have been reduced to head clerks in the present govt. It's almost a presidential govt. Poor Jaitley is just parroting what his master wants him to say.
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      Earthkeeper
      Nov 25, 2016 at 6:55 pm
      We want to know about your deeds . We are not interested in previous government. We are not interested in anti nationals ( because no one is bigger threat then you ) . We are not interested in anything that helps you to distract from the real topic .
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        Kanu Patel
        Nov 25, 2016 at 8:40 pm
        M M Singh is like a book worm. He had no courage to over take the party. He did not have the majority also. Being a good man and a very high qualified person, he deserves respect. But as a leader of a big country, he doesn't deserve respect. Arunji is very right that he got very bad legacy of undecisiveness and pending many vital decisions. One of them is SIT for black money.
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          MyTake
          Nov 25, 2016 at 6:54 pm
          Longer a regime stays in power it is bound to run out of real talents. Corruption and muscle power than come to replace the talents. Congress is an example of that evil!lt;br/gt;lt;br/gt;In order to stay in power, one therefore increasingly becomes dependent on the scam b u g s of the society because there is no lack of these forces who will do anything even for chicken feeds. lt;br/gt;lt;br/gt;People's fault was that they kept trusting these people who took the position of Ma Bap in their mental world and fall victim of their ill design, before they knew what is going on. They strengthened the base so much that noone could even come close to challenge them. Where they could not control by legitimate power by taking people into confidence, they emplo "frustration method". What this does is when in trouble and in odds with people, in order to silence them create another trouble rubbing people's nose so they give up and start believing in the "fate" handed out by this mob cornering them to believe: "nothing will happen" ! lt;br/gt;lt;br/gt;It is Modi who came to challenge them and therefore they came up with all sorts of schemes and design even trying to use terrorists to their benefit: such is the extent they had the reach of their tentacles. Everything is not over yet as their "brothers and sisters" coming to help them hoping one day sun will rise from the west again! Until these people are made beggars and made to pay through their nose, the fight is not complete yet. This time people got enough air in their lungs to run the distance they need with Modi at the helm! LICENCED Ma Bap is not required - people getting enough strength in their knees to stand up for themselves!
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            Neeraj
            Nov 25, 2016 at 8:01 pm
            Listen to the voice of this aam aadmi and how he thinks that demonetisation has been done to save the banks from lakhs of crores of NPAs.
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              Bharat
              Nov 25, 2016 at 11:27 pm
              Dont worry u uneducated will be hisotry soon !!! Coz ur speciality is devide and religious fights ... development woh kis chidiyaa kaa naam hai
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                Bharat
                Nov 25, 2016 at 11:33 pm
                I though , u will cry like ur boss .. maine sab kuch try kyaa gher chora .. mujse naa ho paayegaa ...mazak banake rakha hai
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                  Bharat
                  Nov 25, 2016 at 11:25 pm
                  Now,, nothing has been done in past 2.5 years and plus price sky high .. mess the country badly so now start blame game .. when u guys knew runing country is not cup of Tea .. uneducated !!
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                    SubbuI
                    Nov 26, 2016 at 12:56 pm
                    HOW LONG AND HOW MANY TIME YOU WILL SING THE SAME 2G..ASIAN GAMEANG COAL SONG MR JAAT LY. WE ARE TIRED OF HEARING THAT? WHAT ABOUT THE SONGS ON MILLONS JOBS. MAKE IN INDIA AND SOME MORE JUMLA AND JUGAD SONGS. YOU DEFEATED MP, YOU FIRST WIN AMRISTAR LS SEAT AFTER AMRINDER SINGH BECOMES PUNJAB CONGRESS CM IN 2017. THEN TOU GIVE US YOUR BASHANS. GET LOST
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                      Mathura
                      Nov 26, 2016 at 1:21 am
                      Wonder on what he speaks. His party opposed tooth and nail every move of previous UPA government which they are implementing be it to name a few 1 aadhaar, 2 withdrawal of currency notes in a systematic manner 3 GST. 4. MANREGA . The first step this NDA government took was to take away farmers land in the name of development and now their money in the name of curbing black money by creating Rs 2000 note.
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                        Anandpur
                        Nov 25, 2016 at 5:18 pm
                        BJP paid agent and trolls want to shift the blame of BJP and Modi own failure too on previous Government. Get over it UPA a is no longer in power. Don't cover up Modi Cha*wala's failures and BJP misrule on others. BJP is tainted with more Scams than any Government. Vyapam Scam, DDCA Scam, Lalit Gate, Mallya Scam, Adani Scam, Fake Degree PM Scam, Chiki Scam and biggest of all scam the Noteban Scam causing more harm to the country than any other scam. Bhakt and Sanghis macres of Gujarat and Muzaffarnagar must now stop crying on spill milk and do atlest some work for which they people voted them.
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                          anil bharali
                          Nov 26, 2016 at 2:05 am
                          It is really funny to observe the debate between Congress and BJP to befool common people. This is an act of deceptive politics of both the parties when in power and when in opposition language of lounge and body language in parliament. In reality both the parties are in power because of blessing of Her Majesty 's MI6 and Brahmanand Bania politics combine at home. The people are still victims of continued Imperialist conspiracy
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                            Arnab Banerjee
                            Nov 25, 2016 at 9:14 pm
                            Modi will do nothing about Black Money in Swiss Bank. It is there where BJP politiciains and their corporate friends hide their Black Money. Modi too may be hiding his there that's why he dropped his sword on the neck of ordinary Indian having money inside the country.
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                              ashok s
                              Nov 26, 2016 at 12:09 am
                              Mr jaitly the move was orchested and well informed to your cronies.
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                                Dash
                                Nov 25, 2016 at 5:08 pm
                                Coal scam accused MMS crossed the line yesterday. Had SoniaSlave wanted,nobody could have looted a single paisa. He is a partner is corruption. He killed India's growth story and left a terrible legacy. Policy paralysis,NPAs etc. contonue to haunt us. He should have spoken as an ex-PM but spoke like a scamster perbaps because he is actually a corrupt man. From arshad Mehta scam to Augusta Westland scam,MMS's contribuion will be remembered.
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                                  Bharat Kumar
                                  Nov 25, 2016 at 7:06 pm
                                  Another disruption from the guy who said disruption of parliament was his democratic right ! They stalled the second term of Manmohan Singh, because they knew that if he completed one more successful term, after sending the corrupt ministers and bureaucrats, besides Sahara to jail, BJP won't get another chance in his lifetime.lt;br/gt;Guess who is Amar Singh's close friend in BJP?
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                                    Bharat Kumar
                                    Nov 25, 2016 at 6:54 pm
                                    Workers and labourers offering services on credit !lt;br/gt;lt;br/gt;Another disruption from the guy who said disruption of parliament was his democratic right ! They stalled the second term of Manmohan Singh, because they knew that if he completed one more successful term, after sending the corrupt ministers and bureaucrats, besides Sahara to jail, BJP won't get another chance in his lifetime.lt;br/gt;Guess who is Amar Singh's close friend in BJP?lt;br/gt;lt;br/gt;The ic middle cl bhakts just can't understand the plight of the workers and labourers, who live on a day to day basis. If you ever asked why Auto or Taxi strikes aren't successful, you will hear that the drivers can't afford to lose a day's earnings. Now don't start saying they deserve that for refusing your fare.lt;br/gt;lt;br/gt;If you want to know who these workers are, they are part-time workers in retail, small manufacture like imitation jewellery, construction labour, etc.lt;br/gt;lt;br/gt;No one, repeat no one, and especially a party which has only a 30% vote even if majority, can disrupt their living! The employers don't pay taxes because the corrupt bureaucrats and the ministers and public sector middle cles who live on freebies, live off on those taxes without offering any service!lt;br/gt;lt;br/gt;Everything including primary schooling has gone private because public services aren't just corrupt, they are rotten !
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                                      Bijan Mohanty
                                      Nov 25, 2016 at 5:31 pm
                                      THe legacy is nothing compared to the terrible and horrible impact Modi is creating in India, be it social life or economic life.
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                                        Bobo
                                        Nov 25, 2016 at 8:10 pm
                                        जुे हैं जुों का क्या। पहले 4500, फिर 2000, फिर शून्य। सरकार की ज़ुबान ही खोटी न हुई, उसका इक़बाल उठ गया!
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                                          Kaliyug
                                          Nov 25, 2016 at 6:29 pm
                                          The Congress survived by dividing the people on caste and religious lines, then bribed the Muslims and their musclemen to bring the required votes to win any election, once people understood that they were being manited they started voting against the Congress, then the Congress used bribes, now the money for the bribes has become valueless. Manmohan singh the King of Fraud is out there murmuring about the loss of power for the Italian boss, what a shame, this person has nothing called character.
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                                            Deepak
                                            Nov 25, 2016 at 8:20 pm
                                            The sheer incompetence of the government and the RBI in dealing with demonetisation is mind blowing! Angry soldiers another headache for Narendra Modi amid demonetisation. Demonetisation has failed before even it began. Crores of Black money being stokpiled and amssed by using Rs. 2000 new Note. 27 lakh today found in delhi. Imagine how many thousand crores Black Money already all over India because of Demonetisation. Even bank employees and IT officer making lot of black money till December 30 through bribes to help convert black into white.
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