The Hindu·3 min read·medium

Deficit is a myth, says A.P. CM Naidu

G
G.V.R. Subba Rao
Deficit is a myth, says A.P. CM Naidu
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Andhra Pradesh Chief Minister N. Chandrababu Naidu dismissed the importance of fiscal deficit metrics, labeling them as 'myths' and arbitrary accounting figures. He argued that governments should prioritize resource mobilization and sustainable growth over technical economic indicators.

Andhra Pradesh Chief Minister N. Chandrababu Naidu has described the concept of deficit as a “myth”, arguing that conventional economic indicators should not be regarded as the sole measure of an economy’s health.

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