Prime Minister Narendra Modi loves to talk up all his “pioneering firsts.” Well, he’s now added a truly lethal one to that arsenal – India’s first post-truth Budget!
Exactly 18 hours before the Budget was presented in Parliament, India dramatically upped its previous two years’ GDP numbers. Ironically, the most brazen “upgrade” was reserved for 2016-17 when demonetisation had clearly ravaged the economy.
How did this happen? Well, it was simply a matter of tweaking a few numbers and changing the “denominator” against which all key figures and metrics are calculated. Why is this a matter of concern? Listen, as Raghav Bahl explains, on this episode of Raghav’s Take.
Read the story in Hindi here.
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Topics: Podcast Raghav's Take
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