The paradox in Chidambaram’s budget1 min read . Updated: 15 May 2013, 04:50 PM IST
There are no prizes for guessing why Chidambaram switched from austerity to profligacy: 2014 general election
Here is a paradox worth paying attention to. Finance minister P. Chidambaram was able to keep the fiscal deficit for 2012-13 within the target he had set himself because total spending by the government was around ₹ 60,000 crore less than budgeted.
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