Prof. Jayati Ghosh, a development economist, has blamed the central budget 2020-21 as containing only lies. "Every single number in the budget is a lie."
How so? According to the learned professor, since the budget was presented on February 1st itself, the figures for 2019-20 contained in the budget include data up to December, 2019 only and estimates for remaining three months. Does the professor want accurate current figures before the budget is presented? Is it possible?
The professor ought to know that even the figures up to Dec 31 are only approximate. It is natural that numbers undergo a lot of revisions and corrections in a country of our size. Comfort with approximations is one of the requirements for a practical economist. Is discomfort with all numbers a prerequisite for a JNU professor?
Prof.Ghosh claims that current slowdown is worse than 1991 and 2008. One may respond to her with her own argument. What are the numbers in her calculations which have enabled her to come to the conclusion about the severity of current slowdown? Are they not a bundle of lies?
"Every single item of receipts, the revised estimates for what they are spending this year and all what they have received this year is a lie."
How so? According to the learned professor, since the budget was presented on February 1st itself, the figures for 2019-20 contained in the budget include data up to December, 2019 only and estimates for remaining three months. Does the professor want accurate current figures before the budget is presented? Is it possible?
The professor ought to know that even the figures up to Dec 31 are only approximate. It is natural that numbers undergo a lot of revisions and corrections in a country of our size. Comfort with approximations is one of the requirements for a practical economist. Is discomfort with all numbers a prerequisite for a JNU professor?
Prof.Ghosh claims that current slowdown is worse than 1991 and 2008. One may respond to her with her own argument. What are the numbers in her calculations which have enabled her to come to the conclusion about the severity of current slowdown? Are they not a bundle of lies?
"Every single item of receipts, the revised estimates for what they are spending this year and all what they have received this year is a lie."
No comments:
Post a Comment