Faced with condemnation, Union Minister Ravi Shankar Prasad withdraws ‘Bollywood’ comments on economic slowdown

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Union Minister Ravi Shankar Prasad on Sunday withdrew his comments denying the economic downturn by referring to the success of Bollywood films. His comments stating that the economy was in sound shape since three films had collected Rs 120 crore in a single day had made him a target of incessant criticism.

Ravi Shankar Prasad

In a fresh statement, Prasad said, “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 that his comments made on Saturday in Mumbai about three films making Rs 120 crore in a single day 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 provides employment to Lakhs of people and contributes significantly by way of taxes,” he said in his statement.

The union minister added that he had also explained in detail about various measures the Centre’s Narendra Modi government had taken as ‘pro-people move to strengthen our economy’ adding that his government ‘always cares for the sensitivity of common people.’

Speaking to reporters in Mumbai, Prasad had said, “On 2nd October, 3 movies were released. Film trade analyst Komal Nahta told that the day saw earning of over Rs 120 crores, a record by 3 movies. War, Joker and Sye Raa. The economy of the country is sound, that is why there is a return of Rs 120 cr in a day.”

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