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#FACTCHECKING @Inc's @PChidambaram_IN when he was interviewed by @sardesairajdeep at the #indiatodayconclave2023 and said “I would give credit to this government for its single-minded focus on containing the deficit and debt management."
SIMPLY NOT TRUE: SEE the data & be a judge
SIMPLY NOT TRUE: SEE the data & be a judge
@PChidambaram_IN mentioned "single-minded focus on containing the deficit"
FACTS
Chart 1: Absolute Fiscal Deficit is MASSIVELY EXPANDING like a Rocket
Chart 2: As % of GDP, Fiscal Balance (Deficit) is Highest Levels despite LIFE-TIME high Tax/GDP & Low Crude Oil Prices vs FY10-14
FACTS
Chart 1: Absolute Fiscal Deficit is MASSIVELY EXPANDING like a Rocket
Chart 2: As % of GDP, Fiscal Balance (Deficit) is Highest Levels despite LIFE-TIME high Tax/GDP & Low Crude Oil Prices vs FY10-14
@PChidambaram_IN mentioned "single-minded focus on containing the Debt"
FACTS
Chart 1: General Government liabilities (DEBT) to GDP ratio is at the Highest levels. Well above 2014.
Q: Tax/GDP is highest Ever & Crude Oil px are Close to half levels of Pre-FY14
WHR IS THE MONEY?
FACTS
Chart 1: General Government liabilities (DEBT) to GDP ratio is at the Highest levels. Well above 2014.
Q: Tax/GDP is highest Ever & Crude Oil px are Close to half levels of Pre-FY14
WHR IS THE MONEY?
