Press Statement of JP President Dr.Subramanian Swamy on Budget 2013

The Union Budget estimates and proposals for 2013-14 is insipid pedestrian and counter productive. The continued financing of fiscal deficit by market and captive bank loans is inflationary and land the economy in a debt trap crisis. The gross revenue estimate is based on an unrealistic GDP growth rate of 6.7 percent in constant prices and 13 percent in current prices. This is widely off the mark and hence the budget deficit will be higher and inflationary.

(Subramanian Swamy)

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About janamejayan

A Viraat Hindu dedicated to spread the message of Paramacharya of Kanchi
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One Response to Press Statement of JP President Dr.Subramanian Swamy on Budget 2013

  1. doraiswamyganesh says:

    Sir, It is a stupid and totally thoughtless cavalier budget at the behest of the Italian mafioso.The 1% Tds on houses over 50 laks is absurd at current prices. Regards, Ganesh.

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