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.”
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.
Focus budgeting on public needs.
Themes
Mood
Type
When to use this quote
- government spending
- social programs
- tax policy
Key Concepts
Questions to Reflect On
- What mechanisms ensure funds truly reach the people?
- How to balance transparency with efficiency?
Ratings can still influence decisions indirectly.