Chief Financial Advisor V Anantha Nageswaran on Social Indicators

n a dialog with businessline’s Editor Raghuvir Srinivasan, Chief Financial Advisor V Anantha Nageswaran stated, “It’s not simply per capita GDP, which is simply a median measure, but in addition the the distribution, all this stuff, do matter. And I believe we’re not doing badly on these scores as nicely, as a result of if you happen to take into consideration the transfers and the taxes, if you happen to calculate, distribution of revenue after taxes, after transfers by the governments, each union and states are considered, then the distribution of revenue and the distribution of buying energy is sort of cheap, and development is at all times, not the conclusive, indicator, It’s a needed situation. You’ll be able to’t distribute nothing. It’s important to distribute one thing, and that one thing needs to be created. So in that sense, development is a really important precondition.“