P. Chidambaram Reveals Actual Capital Expenditure 50,000 crore Less Than Promised

In a recent discussion, former Finance Minister, P. Chidambaram, shared his insight on the current economic situation and policies in India. Chidambaram criticized the government's claim on being conservative and transparent, asserting the numbers released lacked proper verification. Expressing bitterness over the current government's continual comparison with the UPA government, he suggested a white paper evaluation by an independent, international body on India's performance. The most significant revelation of the interview was Chidambaram challenging the promised capital expenditure of the current year, stating it to be 50,000 crore less than projected. Furthermore, Chidambaram humorously dubbed the optimist outlook on the economy as a state of being 'the one-eyed monarch of the blind.'

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