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Jaimini Bhagwati: Illusory Budget numbers

In the Indian context, it is the gross primary deficit rather than the fiscal deficit that should be more in focus

Topics
Budget 2016, Fiscal Deficit

Jaimini Bhagwati 

Jaimini Bhagwati

The homeless and unwashed sleep under flyovers and approach us with outstretched palms at traffic lights even in the exclusive enclaves of Delhi. As we Indians know from personal experience, basic security, health care, clean drinking water or electricity are not available to about 300 million of our citizens. There are none so blind, as those who will not see.

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First Published: Wed, March 16 2016. 21:50 IST
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