Chidambaram takes on Narendra Modi

Finance Minister P Chidambaram on Wednesday rebuted Bharatiya Janata Party’s prime ministerial candidate Narendra Modi’s claims that the value of Rupee didn’t fall against the dollar during the NDA regime.

Last Updated: Nov 27, 2013, 13:16 PM IST

Zee Media Bureau

New Delhi: Finance Minister P Chidambaram on Wednesday rebuted Bharatiya Janata Party’s prime ministerial candidate Narendra Modi’s claims that the value of Rupee didn’t fall against the dollar during the NDA regime.

Taking on Modi, the Union Minister said that Rupee fell from 39 to 43 against US dollar between 1998 and 1999.

Modi has been continuously attacking the Congress-led government by raking up issues like decline in the value of the rupee, rising inflation in his election rally speeches.

During his rallies in the poll bound states, Modi has repeatedly criticised the union government, saying it was not bothered about the falling value of the rupee and the security of the country.

He has accused the Manmohan Singh-led government of not being bothered about the security of the country nor about the decline in the value of the rupee.