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White Paper on Economic Performance



  Feb 09, 2024

White Paper on Economic Performance


1. What is the purpose of the white paper presented by the Finance Minister?

The white paper aims to analyze the Indian economy’s performance over the past ten years, comparing the current government’s tenure to the previous one. It focuses on reforms, growth, and fiscal health.

2. What are some key economic indicators highlighted in the white paper?

Key indicators include nominal GDP growth rate, real GDP growth rate, and fiscal deficit as a percentage of GDP, comparing the UPA and NDA years.

3. What does the white paper criticize about the previous government’s tenure?

It criticizes the UPA government for policy paralysis and abandoning reforms, which allegedly resulted in economic stagnation.

4. How does the white paper defend the current government’s economic record?

It defends the NDA government by citing improved economic indicators, such as a higher GDP growth rate and better management of the fiscal deficit.

5. What time periods does the white paper compare?

It compares the UPA years (2004-2014) to the NDA years (2014-2024), providing a year-by-year analysis of various economic metrics.

6. How is the current government’s approach to the economy described?

The government is described as being proactive in implementing reforms, addressing structural challenges, and promoting growth and stability.

7. What impact did the white paper suggest the previous government had on defense preparedness?

The paper indicates that defense preparedness was hampered due to policy delays and a shortage of crucial resources during the UPA years.

8. How does the white paper view the current government’s economic reform measures?

It views them positively, suggesting that reforms have laid the foundation for sustained growth and development opportunities.

SRIRAM’s


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