‘Where Is Economic Slowdown, When 3 Blockbuster Movies Earned Crores’

New Delhi: Union Minister for Law and Justice, Communications and IT Ravi Shankar Prasad has remarked that there is no economic slowdown when three hindi blockbuster movies have earned more than Rs 120 crores on October 2.

When he was asked to comment on economic slowdown during a press conference here on Saturday, the Union Minister laughed and dismissed the argument. He said that the big hit of three Blockbuster movies is the indication of a sound economy.

He asked why these three Hindi movies have earned more than Rs 120 crore when the critics were saying that there is an economic slowdown. “Was Information and Broadcasting Minister in former Prime Minister Atal Bihari Vajpayee's government and I am fond of movies. Movies have been doing huge business. Three movies released on October 2 and a film critic Komal Nahta told me that October 2, Gandhi Jayanthi Day, saw earning of Rs 120 crore by three movies. Rs 120 crore comes in a country which has a sound economy," Ravi Shankar Prasad said.

Also Read | Gandhi Jayanti: PM To Declare India Open Defecation-Free