Finance Minister Nirmala Sitharaman is endowed with a rare ‘discerning eye’, which has certain magical powers to see imaginary things and filter out the real ones. Not everyone can be expected to have such special faculties. But she has a problem there: she cannot imagine that not everyone is as lucky as she is.
During a short discussion on the economy in the Rajya Sabha the other day, the finance minister categorically denied that the economy was in recession. “If you look at the economy with a discerning eye, you see that growth may have come down… but it is not a recession yet and won’t be a recession ever,” she asserted. It did not quite matter to her whether those sitting opposite to her were really convinced. She was convinced and that is all that mattered.
It seems that she is taking things a bit too personally. True, she is the finance minister. But all the problems of the Indian economy are not solely because of her. The problems with the economy started much before she shifted from South Block to North Block to take up the mantle of the finance ministry.