With Modi seated beside him in Lok Sabha, Jaitley took potshots at Gandhi and Congress who have been targeting the Prime Minister for his frequent foreign tours.
He also hit out at Congress for politicising the farmers' issue, on a day Gandhi was in Vidarbha on a 'padyatra' to highlight the plight of the farming community.
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"This is a 'soojh-boojh ki sarkar'(a wise government). "Let there be no illusions about it," Jaitley said while replying to a debate on Finance Bill.
The senior BJP leader, who was clearly hitting out at Gandhi for his 'suit-boot ki sarkar' barb, added, "It is good to be suited but dangerous to be booted out."
Congress, which ruled the country for 10 years, lost power in the last Lok Sabha elections last year and got the dubious distinction of its lowest ever performance as it managed only 44 seats in the 543-member House.
Reacting to Gandhi's taunt that the Prime Minister is often abroad, Jaitley remarked, "at least we know where the Prime Minister is...PM's trips are a national duty. There is a difference between a national duty and disappearance for a jaunt.