2012-13 Budget, concocted: Dr. Swamy

Statement of Dr. Subramanian Swamy

The 2012-13 Budget figures and numbers is all cockeyed. For example a. Fiscal Deficit of 4.79 lakh crores rupees in 2012-13 targeted to be 5.1% of GDP means a GDP growth of 20.6% in one year!!  This is ridiculous even if in current prices.

Most of the Budget numbers like fiscal deficit figure, are ridiculous, or concocted or plain inconsistent.

I challenge Pranab Mukherjee therefore to a debate on the con job done by his Bengali Left wing economists in his Ministry. This Budget unless rectified will doom the economy.

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