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Agency Quote by P. Chidambaram

“I respect the view of a rating agency, but I do not make a budget for the rating agency. I make a budget for the people of India.” quote by P. Chidambaram
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“I respect the view of a rating agency, but I do not make a budget for the rating agency. I make a budget for the people of India.”

P. Chidambaram

About This Quote

The speaker prioritizes allocating funds for citizens over catering to external evaluators, emphasizing public welfare over bureaucratic approval.

In simple terms: Spend money on people, not on rating agencies.

Key Takeaway

Focus budgeting on public needs.

Themes

public policy budgeting accountability

Mood

serious reflective

Type

political policy

When to use this quote

  • government spending
  • social programs
  • tax policy

Key Concepts

governance resource allocation

Questions to Reflect On

  • What mechanisms ensure funds truly reach the people?
  • How to balance transparency with efficiency?
A Different Perspective

Ratings can still influence decisions indirectly.

4.6 out of 5 (3 ratings)

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