12:53 December 05
Escalating his attack on the BJP government, Chidambaram said that the economy can be brought out of slowdown, but this government is "incapable of doing that."
"Congress, some other parties better equipped to pull economy out of slowdown, but we have to wait for better times," he added.
12:50 December 05
'PM unusually silent, left his ministers to indulge in bluff'
Adding that the nation would be lucky to end the year if growth touches 5%, Chidambaram said, "Please remember Dr Arvind Subramanian’s caution that 5% under this government, because of suspect methodology, is not really 5% but less by about 1.5%"
"Prime Minister has been unusually silent on the economy. He has left it to his ministers to indulge in bluff and bluster. The net result, as the Economist put it, is that the government has turned out to be an ‘incompetent manager’ of the economy," he further added.
12:45 December 05
BJP thinks falling GDP numbers is acche din: Chidambaram
Chidambaram added that nothing would better sum up the slowdown in economy other than the falling GDP numbers. "The BJP thinks the falling GDP growth rates is acche din," he said.
12:42 December 05
Govt stubborn, mulish in defending mistakes
Hitting out at the BJP government over the state of the Indian economy, Chidambaram said that the Centre was "clueless" and "stubborn and mulish" in defending its mistakes.
12:38 December 05
Freedom is indivisible, we must fight for Kashmiris: Chidambaram
Addressing his first press conference after getting bail, Congress leader P Chidambaram said that he has total confidence that the courts will provide him justice.
"As I stepped out and breathed the air of freedom at 8 pm last night, my first thought and prayers were for the 75 lakh people of the Kashmir Valley who have been denied their basic freedoms since August 4, 2019," he said.
"I am particularly concerned about the political leaders who have been detained without charges. Freedom is indivisible, if we must preserve our freedom, we must fight for their freedom," he added.
07:25 December 05
Out on bail, Chidambaram to break his silence today
New Delhi: Former Finance Minister and senior Congress leader P Chidambaram after his release on Wednesday evening (8 pm) from the Tihar jail after 106 days of "pre-trail incarceration", following the grant of bail by the Supreme Court, will address the media at the Congress headquarters, here on Thursday.
He is also likely to attend Parliament on Thursday.
Soon after stepping out of the jail, received by his son and Lok Sabha member Karti Chidambaram and welcomed by slogan-shouting party workers, Chidambaram told the waiting media, "In the 106 days of pre-trail incarceration not a single charge was framed against me."
"I will speak all about that tomorrow (Thursday)," he said before getting into the waiting vehicle that drove straight to party interim chief Sonia Gandhi's residence at 10, Jan Path.
After an around 20-minute meeting, he left for his Jor Bagh house, the same residence from where he was arrested more than three months back, and had a 30-minute meeting with Gandhi's close confidante Ahmed Patel.
Chidambaram came out of the Tihar jail after the jail authorities received the court orders. He was received by Karti Chidambaram outside the jail premises as hundreds of Congress activists welcomed the former Finance Minister and raised slogans in his favour.
Read: Chidambaram meets Sonia Gandhi after leaving Tihar Jail
Earlier, showing his reluctance to speak to the media outside the jail, Chidambaram said, "I can't comment on the case. I am going to obey the Supreme Court order."
Meanwhile, several Congress workers had gathered outside his residence to welcome him. Some Congress activists were also spotted playing guitar and singing "Nyay do, nyay do" (Deliver justice) outside his residence.
While in jail, Chidambaram was visited by the top Congress brass, including Sonia Gandhi and former Prime Minister Manmohan Singh, former party chief Rahul Gandhi and his sister and party General Secretary Priyanka Gandhi Vadra.
Chidambaram was arrested on August 21 by the Central Bureau of Investigation (CBI) in connection with a probe into granting of the Foreign Exchange Promotion Board (FIPB) approval to the INX Media, now known as 9X News, when he was Finance Minister.
He was sent to the judicial custody on September 5. On October 16, while in judicial custody at Tihar Jail, he was arrested under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED). Since October 17, Chidambaram was remanded to the ED custody till October 30.
While granting the bail, the apex court said even if the allegation was related grave economic offence, it was not a rule that bail should be denied in every case since there was no such bar created in the relevant enactment passed by the legislature nor did the bail jurisprudence provided so.
Now, all eyes on Thursday afternoon when Chidambaram meets the media after spending 106 days in jail, to break his silence.
12:53 December 05
Escalating his attack on the BJP government, Chidambaram said that the economy can be brought out of slowdown, but this government is "incapable of doing that."
"Congress, some other parties better equipped to pull economy out of slowdown, but we have to wait for better times," he added.
12:50 December 05
'PM unusually silent, left his ministers to indulge in bluff'
Adding that the nation would be lucky to end the year if growth touches 5%, Chidambaram said, "Please remember Dr Arvind Subramanian’s caution that 5% under this government, because of suspect methodology, is not really 5% but less by about 1.5%"
"Prime Minister has been unusually silent on the economy. He has left it to his ministers to indulge in bluff and bluster. The net result, as the Economist put it, is that the government has turned out to be an ‘incompetent manager’ of the economy," he further added.
12:45 December 05
BJP thinks falling GDP numbers is acche din: Chidambaram
Chidambaram added that nothing would better sum up the slowdown in economy other than the falling GDP numbers. "The BJP thinks the falling GDP growth rates is acche din," he said.
12:42 December 05
Govt stubborn, mulish in defending mistakes
Hitting out at the BJP government over the state of the Indian economy, Chidambaram said that the Centre was "clueless" and "stubborn and mulish" in defending its mistakes.
12:38 December 05
Freedom is indivisible, we must fight for Kashmiris: Chidambaram
Addressing his first press conference after getting bail, Congress leader P Chidambaram said that he has total confidence that the courts will provide him justice.
"As I stepped out and breathed the air of freedom at 8 pm last night, my first thought and prayers were for the 75 lakh people of the Kashmir Valley who have been denied their basic freedoms since August 4, 2019," he said.
"I am particularly concerned about the political leaders who have been detained without charges. Freedom is indivisible, if we must preserve our freedom, we must fight for their freedom," he added.
07:25 December 05
Out on bail, Chidambaram to break his silence today
New Delhi: Former Finance Minister and senior Congress leader P Chidambaram after his release on Wednesday evening (8 pm) from the Tihar jail after 106 days of "pre-trail incarceration", following the grant of bail by the Supreme Court, will address the media at the Congress headquarters, here on Thursday.
He is also likely to attend Parliament on Thursday.
Soon after stepping out of the jail, received by his son and Lok Sabha member Karti Chidambaram and welcomed by slogan-shouting party workers, Chidambaram told the waiting media, "In the 106 days of pre-trail incarceration not a single charge was framed against me."
"I will speak all about that tomorrow (Thursday)," he said before getting into the waiting vehicle that drove straight to party interim chief Sonia Gandhi's residence at 10, Jan Path.
After an around 20-minute meeting, he left for his Jor Bagh house, the same residence from where he was arrested more than three months back, and had a 30-minute meeting with Gandhi's close confidante Ahmed Patel.
Chidambaram came out of the Tihar jail after the jail authorities received the court orders. He was received by Karti Chidambaram outside the jail premises as hundreds of Congress activists welcomed the former Finance Minister and raised slogans in his favour.
Read: Chidambaram meets Sonia Gandhi after leaving Tihar Jail
Earlier, showing his reluctance to speak to the media outside the jail, Chidambaram said, "I can't comment on the case. I am going to obey the Supreme Court order."
Meanwhile, several Congress workers had gathered outside his residence to welcome him. Some Congress activists were also spotted playing guitar and singing "Nyay do, nyay do" (Deliver justice) outside his residence.
While in jail, Chidambaram was visited by the top Congress brass, including Sonia Gandhi and former Prime Minister Manmohan Singh, former party chief Rahul Gandhi and his sister and party General Secretary Priyanka Gandhi Vadra.
Chidambaram was arrested on August 21 by the Central Bureau of Investigation (CBI) in connection with a probe into granting of the Foreign Exchange Promotion Board (FIPB) approval to the INX Media, now known as 9X News, when he was Finance Minister.
He was sent to the judicial custody on September 5. On October 16, while in judicial custody at Tihar Jail, he was arrested under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED). Since October 17, Chidambaram was remanded to the ED custody till October 30.
While granting the bail, the apex court said even if the allegation was related grave economic offence, it was not a rule that bail should be denied in every case since there was no such bar created in the relevant enactment passed by the legislature nor did the bail jurisprudence provided so.
Now, all eyes on Thursday afternoon when Chidambaram meets the media after spending 106 days in jail, to break his silence.
New Delhi, Dec 4 (IANS) Former Finance Minister and senior Congress leader P. Chidambaram after his release on Wednesday evening (8 p.m.) from the Tihar jail after 106 days of "pre-trail incarceration", following the grant of bail by the Supreme Court, will address the media at the Congress headquarters, here, after the noon on Thursday.
He is also likely to attend Parliament on Thursday.
Soon after stepping out of the jail, received by his son and Lok Sabha member Karti Chidambaram and welcomed by slogan-shouting party workers, Chidambaram told the waiting media, "In the 106 days of pre-trail incarceration not a single charge was framed against me."
"I will speak all about that tomorrow (Thursday)," he said before getting into the waiting vehicle that drove straight to party interim chief Sonia Gandhi's residence at 10, Jan Path.
After an around 20-minute meeting, he left for his Jor Bagh house, the same residence from where he was arrested more than three months back, and had a 30-minute meeting with Gandhi's close confidante Ahmed Patel.
Chidambaram came out of the Tihar jail after the jail authorities received the court orders. He was received by Karti Chidambaram outside the jail premises as hundreds of Congress activists welcomed the former Finance Minister and raised slogans in his favour.
Earlier, showing his reluctance to speak to the media outside the jail, Chidambaram said, "I can't comment on the case. I am going to obey the Supreme Court order."
Meanwhile, Several Congress workers had gathered outside his residence to welcome him. Some Congress activists were also spotted playing guitar and singing 'Nyay do, nyay do' (Deliver justice) outside his residence.
While in jail, Chidambaram was visited by the top Congress brass, including Sonia Gandhi and former Prime Minister Manmohan Singh, former party chief Rahul Gandhi and his sister and party General Secretary Priyanka Gandhi Vadra.
Chidambaram was arrested on August 21 by the Central Bureau of Investigation (CBI) in connection with a probe into granting of the Foreign Exchange Promotion Board (FIPB) approval to the INX Media, now known as 9X News, when he was Finance Minister.
He was sent to the judicial custody on September 5. On October 16, while in judicial custody at Tihar Jail, he was arrested under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED). Since October 17, Chidambaram was remanded to the ED custody till October 30.
While granting the bail, the apex court said even if the allegation was related grave economic offence, it was not a rule that bail should be denied in every case since there was no such bar created in the relevant enactment passed by the legislature nor did the bail jurisprudence provided so.
Now, all eyes on Thursday afternoon when Chidambaram meets the media after spending 106 days in jail, to break his silence.
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