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On Nirmala Sitharaman's "Rupee Not Sliding" Remark, P Chidambaram's Jibe

On Nirmala Sitharaman's "Rupee Not Sliding" Remark, P Chidambaram's Jibe

NDTV
Monday, October 17, 2022 05:54:10 PM UTC

"If she contests an election, and god forbid, she loses, I expect her to say 'I did not lose, my opponent won'," P Chidambaram said on Finance Minister Nirmala Sitharaman's comment on the value rupee against dollar

Former Finance Minister and Congress leader P Chidambaram has punched holes in Finance Minister Nirmala Sitharaman's theory that the rupee has not weakened but it is the dollar that has strengthened.

Ms Sitharaman made the comment while defending the 8 per cent slide in the value of the rupee against the dollar this year. The BJP had defended her comment, though it also sparked a meme fest on social media.

Mr Chidambaram told NDTV today that Ms Sitharaman made a "thoughtless" comment.

"If she contests an election, and god forbid, she loses, I expect her to say 'I did not lose, my opponent won'. What kind of a statement is this? Therefore, I think it is best to leave it there. It was a thoughtless statement. Somebody may have told her it was a clever statement. It's hardly anything but clever," Mr Chidambaram said.

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