Web Sify
Follow us on

Letters: Gujarat's spending

Last Updated: Wed, Jan 23, 2013 20:10 hrs

This refers to Arvind Subramanian’s article “Is the Modi miracle overrated?” (January 23). In terms of tax collection to the gross domestic product ratio, it may be incorrect to consider only the revenue side. To get a more balanced picture, it is necessary to also look at expenditure. If the Modi government has been able to reduce non-Plan expenditure as also the overheads on its establishment, it will have more funds for development, the lower tax collection notwithstanding.


Kishor Kulkarni Mumbai


Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

More from Sify:
blog comments powered by Disqus
  Cities   Price (10g)
  Chennai   Rs. 23770.00 (1.45%)
  Mumbai   Rs. 24310.00 (-0.49%)
  Delhi   Rs. 24100.00 (-0.41%)
  Kolkata   Rs. 23900.00 (-1.04%)
  Kerala   Rs. 23500.00 (-0.42%)
  Bangalore   Rs. 23500.00 (0%)
  Hyderabad   Rs. 23600.00 (0%)
talking point on sify finance