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1/n
Okay, guys, listen up all ye interested in India's public finances. With 9 months data now in, on this site: cga.gov.in/MonthlyReport/…
what do we know about how the #NDA2Govt is managing the economy?
1/n
Okay, guys, listen up all ye interested in India's public finances. With 9 months data now in, on this site: cga.gov.in/MonthlyReport/…
what do we know about how the #NDA2Govt is managing the economy?
2/n
Quite simply the situation is even worse than it was at the same stage in last financial year. COPPY stands of Corresponding Period in Previous Year. Remember 9 months is 75% of the year behind us.
Quite simply the situation is even worse than it was at the same stage in last financial year. COPPY stands of Corresponding Period in Previous Year. Remember 9 months is 75% of the year behind us.
3/n
Total revenues (that includes windfalls from RBI raids) is at 58% of what was estimated in #Budget2019. Tax revenues are even worse, 55% (you'd expect 75%) The shortfall is in fact 3.25 lakh crores that is 20% less than waht it should be at this stage of the Year.
Total revenues (that includes windfalls from RBI raids) is at 58% of what was estimated in #Budget2019. Tax revenues are even worse, 55% (you'd expect 75%) The shortfall is in fact 3.25 lakh crores that is 20% less than waht it should be at this stage of the Year.
