Government Presented ‘White Paper’: Know what it is? | InNews | Drishti IAS
The Union Ministry of Finance’s ‘White Paper on the Indian Economy’, which draws public attention to economic issues just ahead of Lok Sabha elections, is prima facie not factually incorrect, but cherry picks data to tell the truth about UPA’s failures and the NDA government’s successes without touching upon UPA’s successes or its own failures. For instance, Morgan Stanley did assess India as one of the “fragile five” global economies in 2013. And it is also a fact that India is currently ranked among the top five based on the size of its GDP, as the white paper notes. However, India wasn’t among the ‘fragile five’ right through UPA’s 10 year rule from 2004 to 2014. Indeed, despite the Global Financial Crisis, India experienced the fastest period of growth rate between 2004 and 2009.
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