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Indian Economy by Jayanta Sarkar

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6

WHERE DOES ALL THE MONEY GO?

Like the feisty, demanding wife of a young, outgoing husband who often wonders what her man does with all the money he earns, how he spends it and with whom, many people also sometimes feel a little curious as to how and where their government is spending all those big sums that are paraded in budget papers and other umpteen official documents. People like to know what all that money has done to them, to their lives, and to the country at large. They never get the answer, and that is true even for countries that boast of extremely transparent ways of government functioning. When a government says it has spent so much money on a project, they say, ‘Fine, but how much of it has really been spent purposefully, and ...

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