Minister Ravi Shankar Prasad uses bizarre bollywood logic to deny economic slowdown

Union minister Ravi Shankar Prasad justified that the economy was doing well by using the support the performance and business collections of three Bollywood movies.

“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 on that day. Unless the economy is sound in the country how can only three movies collected so much business in a single day?” the minister said at a time when the economic growth is at a five year low.

The bizarre logic of the minister gave many social media users a laugh.

Earlier this week the International Monetary Fund said the worldwide economic slowdown is more pronounced this year in India and Brazil. It added that 90 percent of the world would see slower growth in 2019.

When asked to comment on the IMF statement the Ravi Shankar Prasad said, “The measurement of IMF about India is still incomplete. And do not forget, India was on the 11th position when Manmohan Singh was in power; today it is the fifth largest. We have surpassed even France.”

A report released by the government after the elections admitted that employment figures breached a 45-year-old record. When questioned over unemployment Prasad said, “..We never said that we will give government jobs to everyone..”

It has now been a year since the automobile sector has see a meltdown in sales. No sales have resulted in layoffs and cut in production.