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.