As the NDA government heads to its second anniversary, she said work was being done, but it seemed that some numbers dominated over the others. “What dominates the mind of everyone is the export numbers, that these are falling for the 15 or 16 month. How about manufacturing and production numbers? They have been encouraging. I find the propaganda sometimes informed and 99% of the time uninformed, which is why we have been holding stakeholder meetings.”
Thus, Minister for Commerce Nirmala Sitharaman, in course of telling Raghuram Rajan to get a better grasp of the English language.
“As a share of our GDP, the manufacturing sector over the years has shrunk to around 15 percent. Our services sector is fairly robust — grows annually at around 9-10 percent and is expanding rapidly. It is not a sector that seriously worries us.”
Thus, Minister for Finance Arun Jaitley in New York at the same time. In both cases, emphasis mine.
Speaking of choosing the right words, how is shrinking manufacture “encouraging”?