Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Ravi Shankar retracts comments linking economic growth to box office collection

PTI
Updated: October 13th, 2019, 14:56 IST
in National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Facing flak after he cited 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 Sunday withdrew his comments.

Prasad’s comments in Mumbai Saturday coupled with his criticism of an NSSO report on high unemployment rate and IMF’s report of a slowdown in India had attracted flak and the senior BJP leader was also trolled online.

Also Read

Andhra bus accident: PM Modi condoles deaths, announces Rs 2 lakh aid

4 hours ago
LPG

No LPG if PNG refused: Centre

17 hours ago

In a statement issued Sunday, Prasad claimed that one part of his statement had been “completely twisted out of context”, and said “being a sensitive person, I withdraw this comment”.

“My 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.

“I 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. Entire video of my media interaction is available on my social media. Yet I regret to note that one part of my statement has been completely twisted out of context. Being a sensitive person, I withdraw this comment,” Prasad said.

Prasad Saturday said three Bollywood movies generating business of Rs 120 crore on the October 2 holiday suggested a “sound economy” even as he dubbed “wrong” the NSSO report which had reportedly pegged unemployment rate at 45-year high in 2017.

Days after the International Monetary Fund (IMF) said the economic slowdown is more pronounced this year in India and Brazil, Prasad said the measurement was incomplete.

He alleged that some people were misleading people over the unemployment scenario.

“I was also told that on October 2, which is observed as one of the national holidays, three Hindi movies garnered Rs 120 crore business. Unless the economy is sound in the country how can three movies alone collect so much business in a single day?” Prasad asked, while speaking to reporters.

PTI

Tags: Box officeIMFRavi ShankarUnemploymentUnion ministerWorld Bank
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019

Archives

Editorial

War Or Peace

March 25, 2026

  The big question being asked 24 hours after US President Donald Trump announced a five-day pause on the ongoing...

Read moreDetails

Peace Overtures

Pic Credit: Reuters
March 24, 2026

In a major development on 23 March, US President Donald Trump said in a Truth Social post 23 days after...

Read moreDetails

US To Blame

Israel, Iran
March 23, 2026

The world is reeling under an unprecedented fuel and gas crisis. The prevailing situation is creating panic in domestic kitchens,...

Read moreDetails

Defiant Iran

Aakar Patel
March 22, 2026

I want Iran to win. What does win mean? Iran defines it in the following way: The United States of...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST