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LATEST NEWS UPDATES | Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures

Every number in Budget is authentic, says Sitharaman amid row over disparity in GDP figures

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published Published on Jul 11, 2019   modified Modified on Jul 11, 2019
-The Indian Express

The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent.

New Delhi:
Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”.

Replying to the debate on her maiden Union Budget in the Lok Sabha, Sitharaman said the difference in the growth rate projected in the Economic Survey against the figures quoted in the Budget was because a lower GDP base was taken as reference in the 2019 interim budget.

The Economic Survey, released by Chief Economic Adviser Krishnamurthy Subramanian a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the Budget projected it at 11 per cent.

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The Indian Express, 10 July, 2019, https://indianexpress.com/article/business/budget/union-budget-2010-nirmala-sitharaman-gdp-lok-sabha-5823848/?fbclid=IwAR3PQ54oNmJb0rG1ziVxLEDEsPkVAubAkh3_n-nODW52u0


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