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Sitharaman Rejects Rahul Gandhi’s ‘Economic Tsunami’ Claim at Viksit Bharat Event

She cited GDP data, IMF recognition, and government steps to secure fuel supplies to argue there is no imminent economic crisis.

Overview

  • Finance Minister Nirmala Sitharaman, speaking on Sunday in Bengaluru at the Viksit Bharat Sankalp Samavesh, directly rebutted Rahul Gandhi’s June 3 warning of an “economic tsunami.”
  • She said quarter‑by‑quarter GDP growth and International Monetary Fund commentary show India is the fastest‑growing major economy and not headed for a sudden collapse.
  • Sitharaman outlined how the government managed risks from the West Asia conflict, saying higher shipping costs and insurance were handled so there were no domestic fuel supply disruptions.
  • She accused the Opposition of undermining public confidence, urged BJP workers to spread the government’s record, and cited specific transfers and loans to Karnataka to reject claims the state was neglected.
  • The exchange sharpens a political battle over economic messaging and could shape public perception and party outreach in the run up to longer‑term BJP goals for development and 2047.