The Congress government of Manmohan Singh was totally obsessed with
the LPG cylinders and its’ price. The UPA government created a
sentiment in the country that the economy was in shambles only due to
the fact that the LPG cylinders were subsidized. The UPA Government
fashioned a huge fiscal deficit, whose causes were elsewhere. But the
government only targeted LPG cylinders.

Dr Pentapati Pullarao is an Economist, Columnist and Public Affairs Activist and has contributed over 650+ articles to periodicals and newspapers in the last 15 years.
Showing posts with label fiscal deficit. Show all posts
Showing posts with label fiscal deficit. Show all posts
Monday, 7 July 2014
Friday, 4 July 2014
Pullarao Pentapati - The Coming Budget and The Indian Economy
There are a lot of expectations in India that the coming Budget on
July 10, 2014 will somehow tackle all the serious issues in the Indian
economy. The serious issues are inflation, stagnation in the economy,
the fiscal deficit and the wide gap between exports and imports. These
four issues are also related to each other.

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