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

HDFC-Bank

HDFC Bank appoints Anup Bagchi as next MD & CEO, to take charge Oct 27

6 hours ago

School picnic turns tragic as eight students drown in Maha’s Raigad

6 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

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

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

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019

Archives

Editorial

SC In Spotlight

Supreme court
September 30, 2026

Lately, the Supreme Court’s intervention in high-profile cases does not necessarily arouse confidence and reassurance that wrongs may be righted....

Read moreDetails

Trump & Xi

Donald Trump (L) and Xi Jinping
September 29, 2026

The recent meeting between US President Donald Trump and Chinese President Xi Jinping turned out to be a rather tame...

Read moreDetails

Trust Deficit for EC

Election Commission of India
September 28, 2026

After remaining deafeningly silent on a media report casting serious doubts about the fairness and functioning of the Election Commission...

Read moreDetails

The Rot Within

Aakar Patel
September 27, 2026

By Aakar Patel Corruption and bribery are two words that are interchangeable. Or are they? Bribery, in the way that...

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