P Chidambaram Economy India News

The Additional Borrowing and Additional Expenditure will be the true measure of the Fiscal Stimulus : P Chidambaram

P Chidambaram – Former Union Finance Minister:

  • Thank you Honourable FM Nirmala Sitharman for acknowledging that the Additional Expenditure can be met only by Additional Borrowing.
  • Thank you for confirming what I said in my column today.
  • We are not agreed on the amount of Additional Expenditure involved in your PMGKY and 5-tranche package.
  • When you do the Additional Borrowing we will know the answer.
  • The Additional Borrowing and Additional Expenditure (over and above the Expenditure Budget of Rs 30,42,230 crore) will be the true measure of the Fiscal Stimulus.

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