S & P has down graded India's grading due to the uncontrolled fiscal deficit. Who Is responsible for this down grading - The Prime Minister or the Finance Minister?
Asked by sridhar santhanam, 25 Apr '12 01:24 pm
Earn 10 points for answering
The Finance Minister of IndiaAnswered by rajan, 25 Apr '12 02:26 pm
If I say people of India, I won't be wrong. Every person understanding economics understands that there has to be income and expenses. One would not allow the income to increase by electing people like Mamta Bannerjee and look for increase in expense by electing people like Sonia Gandhi and then we wonder - Why is there fiscal deficit. MMS is a world recognized economist, but he has his limitations.Answered by manish varma, 25 Apr '12 01:34 pm
BothAnswered by HEMANT MEHTA, 25 Apr '12 01:25 pm