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Published 14:42 IST, October 13th 2019

Ravi Shankar Prasad withdraws 'movie' remark on economic slowdown

A day after Union Law Minister Ravi Shankar Prasad's statement over economic slowdown in the country created controversy, he has withdrawn his statement

Reported by: Navashree Nandini
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A day after Union Law Minister Ravi Shankar Prasad's statement over economic slowdown in the country created controversy, the BJP leader has withdrawn his statement. Taking to Twitter, he said that his statement was 'twisted out of context'. In a press note, the leader said that he is a sensitive man and hence he is withdrawing his statements. However, the leader defended his statement, saying that it was 'factually correct.' On economic slowdown, the leader said, in his press note, that he had cited many steps taken by the government that are 'pro-people move to strengthen the economy'. 

Read his full clarification below:

READ: Ravi Shankar Prasad dismisses slowdown : '3 movies earned 120 crores'

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Ravi Shankar Prasad's statement

Dismissing the reports of an economic slowdown in India, Prasad stated a bizarre fact on Saturday at a press briefing in Mumbai. Quoting trade analyst Komal Nahta, he claimed that movies - War, Joker and Sye Raa Narasimha Reddy had amassed a combined collection of Rs. 120 Crores on October 2. Pointing out the dissimilarities, he questioned how India could be in a slowdown when Bollywood witnessed such returns.

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"As I am in Mumbai, I have come to know about a very interesting story regarding slowdown. As I was an Information & Broadcasting minister in the Atalji government, films have always been dear to me. In the huge business by movies - on October 2 three movies were released. According to trade analyst - Komal Nahta, 'The national holiday of October 2 saw the movie earning of Rs. 120 Crore  a record by three movies- War, Joker and Sye Raa.' If the nation's economy is sound, then only such a return can be witnessed in a day?" he said.

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13:44 IST, October 13th 2019