Senior BJP leader Yashwant Sinha lashed out at PM and said: "There is nothing new in what PM said about economy." He also added that his speech had words that meant nothing.
PM's speech frustrating and disappointing
Arun Jaitley, Opposition leader too mocked at the PM and said : "I thank the PM for finally making a statement on the Indian economy." "The Indian economy has lost the image of a economic destination. The government has lost confidence and the ability to control the situation." He also said that due to this the country has lost the trust of global as well as domestic investors.
Singh in his speech tried assured that the rupee will recover and said that "we must reduce our greed for gold." He promised that the government would do whatever was necessary to contain the fiscal deficit.
He in his speech, blamed global factors like crisis in Syria and Federal Reserve's ending of monetary supply.