P Chidambaram says conscience clear, tears into BJP over economy

P Chidambaram says conscience clear, tears into BJP over economy

Former Finance Minister P Chidambaram tore into a government he described as "clueless" about the ailing economy, at a Thursday press meet where he declared himself "strong in spirit" after spending over 100 days in prison.

Chidambaram said the government was stubborn and "mulish" in defending "catastrophic" mistakes -- ranging from demonetisation to "regulatory overkill" and "tax terrorism" -- and wrong to believe India's current economic problems are "cyclical" (as opposed to deep-rooted and structural).

The world's investors pay close attention to numbers, and "every number" points "in the direction of a floundering economy," he said.

Chidambaram also attacked Union Finance Minister Nirmala Sitharaman for saying in Parliament that her Family didn’t eat onions  this, at a time when consumers are struggling with the soaring prices of the key food staple.

"That shows the mindset of this government," he said.