February 8, 2023 5:11 am

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Numbers Never Lie: Delhi Government's Deficit Fiasco

If we talk about Delhi's outstanding debt, it was estimated to be Rs 40,697 crore at the end of 2020-21

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AAP (Aam Aadmi Party) never fails to mislead the public on the basis of numbers. First, they make fake promises and then use unfair comparisons to claim that the Delhi government is making a surplus!

In a tweet, posted in April 2022, AAP tweeted that “If you want to learn governance, learn it from the Kejriwal government. By emptying people’s pockets, BJP makes states indebted”. Maybe the poor AAP’s PR cell doesn’t even know that the basis of comparison should be the same. 

According to Delhi’s Annual Financial Statement, 2022-23, it is showing an estimated surplus of Rs. 7601 (crores) which is not at all a fair comparison with the BJP-led state’s Outstanding debt. There should be a fair comparison of data which AAP failed to keep in mind while self-proclaiming their so-called surplus victory!

Moreover, if we talk about Delhi’s outstanding debt, it is under deep waters. Maybe AAP forgot to mention that Delhi’s outstanding debt was estimated to be Rs 40,697 crore at the end of 2020-21 (5.18% of GSDP), according to the 2022 Delhi Economic Survey.

If we talk about the year 2021-2022, According to the Economic Survey of Delhi,2021-2022, the Delhi government has a deficit of -5646.03 crores and -0.61 percent deficit to GDP for 2021-2022 (BE).

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