Sunday 1 March 2015

Budget 2015-16 in seven charts - The Hindu

Budget 2015-16 in seven charts - The Hindu





 Is this not just a SLEIGHT of HAND by the man famous for all the "SPINNER'S TRICKS of  HIS TRADE?!



                That is "Give with your RIGHT hand & TAKE BACK with your LEFT!





                ANOTHER big SPIN has been on the RELATIVE GDP GROWTH being FORECAST for 2015-16 at 8 %!Every knowledgeable person once again knows that this is a BUNKUM FIGURE since this latest RECKONING of growth figures has JUMPED ROUGHLY by a WHOLE TWO PERCENTAGE POINTS due to another SLEIGHT of hand by SHIFTING the BASE YEAR with which you are comparing the YEAR on YEAR growth & HENCE what was 5.4 % GDP growth that was declared for 2014-15 has jumped to 7.4 % in the new method of Calculation & similarly if we were to TRANSFER back this projected figure of 8% GDP growth for 2015-16 on to the EARLIER BASE YEAR, this REDUCES to 6% that is not a VERY BIG JUMP from the 5.2 % GDP growth for 2013-14 under UPA-II with  the SAME BASE YEAR REFERENCE?!







Th" Pras+Bedi+C.Shekhar+V.Raghvan-COMBINED SPIN MASTER'S sleight of HAND?!

Budget 2015-16 in seven charts - The Hindu http://www.thehindu.com/business/budget/article6948182.ece


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