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UPA's economic mess.

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UPA's economic mess. Empty UPA's economic mess.

Post by rawemotions Sat May 31, 2014 11:50 am

http://www.firstbiz.com/economy/winners-curse-gdp-fiscal-data-reveal-scale-mess-left-behind-upa-86397.html

Excerpts
However, the real scary numbers are these: against net tax receipts of Rs 8,16,000, the government’s expenses have bloated to Rs 15,60,000 crore. This means for every Re 1 that the government spends, it is earning only 52 paise from taxes. It is living on borrowings and extraordinary one-time income.
The UPA has, as we already know, truly left a gigantic economic mess. The only difference: we now know how big a mess it is.

rawemotions

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