New Delhi, Feb. 10 -- Hitting out at the Congress party, Finance Minister Nirmala Sitharaman on Saturday said that development works faced inordinate delays during UPA government, subsidies were ill-targeted and wasteful expenditures were made for political gains.
Replying to short duration discussion in Rajya Sabha on White Paper on Indian Economy comparing the performance of 10 years of the UPA and the Modi governments, the Minister said that inflation was very high during the UPA government and as a result poor people faced economic pain.
"Average inflation under UPA (2004-14) was 8.2%. Average retail inflation during UPA-II (2009-14) was over 10%. Double digit inflation occurred nine times from January 2012 to April 2014," she said.
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