Fm P Chidambaram

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Finance Secretary should re-examine his theory that housing loan not a saving: P Chidambaram

The payment of interest and the instalments of the loan is indeed an expenditure, but it is an expenditure which is converted into an asset, which is a saving, the former finance minister argued.
Is Infra spend a better option to eradicate poverty?

At a time when the UPA government has been claiming credit for lifting 140 million people above the poverty line - McKinsey research report says that 680 million people or 56 percent of India lives below the "empowerment line" which means they lack access to basic services such as education, healthcare, energy, sanitation and drinking water.

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Fm P Chidambaram

Finance Secretary should re-examine his theory that housing loan not a saving: P Chidambaram

Is Infra spend a better option to eradicate poverty?