Facing flak after he cited the Rs 120 crore business done by three movies on a single day to rebut suggestions of an economic slump in the country, Union minister Ravi Shankar Prasad on Sunday withdrew his comments.<\/p>\n\n\n\n
Prasad\u2019s comments in Mumbai on Saturday coupled with his criticism of an NSSO report on high unemployment rate and IMF\u2019s report of a slowdown in India had attracted flak and the senior BJP leader was also trolled online.<\/p>\n\n\n\n
\u201cMy comments made yesterday in Mumbai about three films making Rs 120 crore in a single day- the highest ever, was a factually correct statement. I had stated this as I was in Mumbai- the film capital of India. We are very proud of our film industry which provided employment to lakhs of people and contributes significantly by way of taxes.<\/p>\n\n\n\n
In a statement issued on Sunday, Prasad claimed that one part of his statement had been \u201ccompletely twisted out of context\u201d, and said \u201cbeing a sensitive person, I withdraw this comment\u201d.<\/p>\n\n\n\n
\u201cI had also explained in detail about the various measures the government has taken as pro-people move to strengthen our economy. Government of PM Narendra Modi always cares for the sensitivity of common people. <\/p>\n\n\n\n
Prasad on Saturday said three Bollywood movies generating business of Rs 120 crore on the October 2 holiday suggested a \u201csound economy\u201d even as he dubbed \u201cwrong\u201d the NSSO report which had reportedly pegged unemployment rate at 45-year high in 2017.<\/p>\n\n\n\n
Days after the International Monetary Fund said the economic slowdown is more pronounced this year in India and Brazil, Prasad said the measurement was incomplete.<\/p>\n","protected":false},"excerpt":{"rendered":"
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