Fearing poll defeat, Chidambaram sitting out, says Jayalalithaa

Posted on 21st Mar 2014 05:30 am by admin

Sivaganga (Tamil Nadu), March 21 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Friday attributed union Finance Minister P.Chidambaram's actions for the economic collapse and said that he, fearing a poll defeat, is fielding his son from the Sivaganga seat.

She said Chidambaram did not care for people's welfare and also for the nation's economy and his only achievement is to bring in around 200 bank branches in the Sivaganga constituency.

Addressing an election rally in Sivaganga district, around 455 km from Chennai, Jayalalithaa said Chidambaram's tenure a finance minister (May 2004-November 2008 and since Aug 2012), the Indian economy slid down, rupee depreciated, inflation went up, while exports declined and imports increased.

She alleged Chidambaram has the habit of announcing higher allocations for plan expenditure in the budget and later reduce them drastically during the revised estimates.

"The state's share of finance is not given properly," she said.

Jayalalithaa also said the AIADMK does not accept that Chidambaram won from the Sivaganga constituency in 2009 general elections, and his victory is a fraudulent one.

"The party's candidate had demanded a vote recount. Why was that request rejected?" she wondered.

She said the election petition against Chidambaram is still pending in the Madras High Court.

According to her, Chidambaram, fearing defeat, is not contesting in the elections this time and the party has given the ticket to his son.

Other news

Modi Wishes Saudi King Speedy Recovery

New Delhi, Jan 17 (IANS) Prime Minister Narendra Modi Saturday wished speedy recovery to King Ab

Global Recession: India's international trade was the least affected by the fear of recession, revealed in the report

Compared to the top 10 economies of the world, India's international trade has not been affected

Parrikar visits BEL in Bengaluru

Bengaluru, Jan 17 (IANS) Defence Minister Manohar Parrikar Saturday visited the state-run Bhara

Delhi Traffic Advisory: Heavy rain in Delhi overnight, read the advisory before going to the office; avoid these routes

Due to heavy rains in the capital Delhi on Wednesday evening, the roads were submerged and there

Sant Samaj will decide the roadmap on the declining population rate of Hindus in Maha Kumbh, Sangh chief Bhagwat has already expressed concern.

The saint community, concerned about the declining population rate of Hindus in the country, will

Indian, foreign drug mafias operating in Goa: Congress

Panaji, April 5 (IANS) Indian as well as international drug mafias are operating in Goa in a bi

Amitabh Bachchan shared a picture with Rashmika Mandanna from the sets of the film 'Goodbye', because of this the fans took a pinch of Big-B

Century megastar Amitabh Bachchan and South's trending actress Rashmika Mandanna is soon to be se

2015 to be Water Revolution Year: Uma Bharti

New Delhi, Jan 17 (IANS) Water Resources Minister Uma Bharati Saturday said that 2015-16 will be

Now what will you get in UP?: First of all, the Yogi government will fulfill this promise, see what is in store for youth, farmers, and women

In Uttar Pradesh, BJP has won a landslide victory with 255 seats. Among allies, 12 candidates of

Monsoon Updates: North India is in bad condition due to intense heat, when will it rain in Delhi, UP, and Bihar? Read the new update of IMD

The scorching heat in North India has made life difficult for people. At the same time, the Meteo