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  5. Jaitley defends Land Acquisition bill, asks opposition not to spread fear

Jaitley defends Land Acquisition bill, asks opposition not to spread fear

New Delhi: Speaking in Rajya Sabha, Finance Minister Arun Jaitley touched upon different issues including their recent performance in state elections, the Land Acquisition Bill, the Railway Budget 2015 and the coal block auctions.FinMin said

India TV News Desk India TV News Desk Updated on: February 26, 2015 21:37 IST
jaitley defends land acquisition bill asks opposition not
jaitley defends land acquisition bill asks opposition not to spread fear

New Delhi: Speaking in Rajya Sabha, Finance Minister Arun Jaitley touched upon different issues including their recent performance in state elections, the Land Acquisition Bill, the Railway Budget 2015 and the coal block auctions.

FinMin said that India has bounced back on global radar under NDA's regime.

He also repeated government's stance that it is committed to protecting the rights of every citizen irrespective of religion or caste.

“Elections in 7 states have been conducted in the last 9 months. We lost Delhi, but we got 33 per cent votes. Make that 40 plus and the situation can change. Our consistent message has been government is committed to protecting the rights of every citizen irrespective of religion or caste.” He added

Mr. Jaitley attacked Congress for its J&K policy. He alleged that the congress wanted to stay in power although the popular support was not with it. 

He sought a debate in the parliament on revenue deficit saying, “Why should West Bengal and Kerala be revenue deficit, when even Bihar is not?”

On the issue of oil pricing he said, “The international oil prices declined steeply.The inventory losses of the oil companies is in the lieu of Rs. 30,000 crore. Government has stakes in these companies, so does private holders. Should we let these companies be destroyed?”  

He sternly defended the Land Acquisition bill and cautioned Congress against creating an environment in the country in which the two words - Infrastructure and Industry - become bad words. And that is what you're doing.

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