Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures

-The Indian Express

The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent.

New Delhi:
Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”.

Replying to the debate on her maiden Union Budget in the Lok Sabha, Sitharaman said the difference in the growth rate projected in the Economic Survey against the figures quoted in the Budget was because a lower GDP base was taken as reference in the 2019 interim budget.

The Economic Survey, released by Chief Economic Adviser Krishnamurthy Subramanian a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the Budget projected it at 11 per cent.

Please click here to access.

The Indian Express, 10 July, 2019, https://indianexpress.com/article/business/budget/union-budget-2010-nirmala-sitharaman-gdp-lok-sabha-5823848/?fbclid=IwAR3PQ54oNmJb0rG1ziVxLEDEsPkVAubAkh3_n-nODW52u0

Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later