Govt says Indian economy is doing well compared to other countries

As the Indian economy suffers under crisis, the government says it is fighting the slowdown with number of measures.Finance Minister, P Chidambaram is of the view that there are many countries with 0% growth rate while India is still maintaining 5-6 % growth and that was great. The Planning Commission Deputy Chairperson, Montek Singh Ahluwalia, said that a GDP growth of 5.7 per cent in FY14 would indicate that the economy is on a rebound.

Numbers are numbers. Aren’t they ? If numbers could give all the Indians two meals a day, we would have been the happiest economy.The ground reality is altogether different. You feel the pinch with the rising prices of the day-to-day things you buy while the earnings remain stuck at what it were an year back .

Thanks to the genius economists in the government , at least on papers, we will continue to grow. ūüôā

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India’s poverty level declines to 26 percent ?

As per the data of¬†household¬†expenditure prepared by NSSO , poverty level in the country has come down to 26 percent from 29.8 percent in 2009-10.Planning Commission’s chairman , Montek Singh Ahluwalia said poverty level has come down drastically¬†compared¬†to what it was in 2000 !

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Statistical data can show India as a poverty-free country in the coming years,big deal? But the ground level reality is far behind those mathematical calculations !

Rs 35 Lakhs spent on renovation of Planning Commission Office Toilet ?

Deputy Chairman of  Planning Commission, Montek Singh Ahluwalia,justifies spending of Rs 35 lakhs on renovation of toilets . Well, the justification may not be satisfactory to all !

Detailed News Article on the matter РPlanning Commissions Toilet Spendings Controversy!

The Press Release from Planning Commission – Response from Planning Commission on the matter.

Unanswered Questions Р Why the explanation from Commission not completely satisfactory ?