New Delhi: Arvind Kejriwal has pulled off a spectacular win in the Delhi Assembly polls. His Aam Aadmi Party (AAP) has won 62 seats. While the AAP has termed it a victory of 'good governance', the Opposition sees it as an outcome of freebies announced by the AAP.
But from where Kejriwal got the money to splurge? A smart 'baniya' that he is, Kejriwal prudently used Delhi's healthy finances to achieve his political goals.
According to the government records, from the Rs 1,051 crore fiscal deficit in 2016-17, Delhi turned into Rs 113 crore surplus state in 2017-18, which was 0.02 per cent of the gross state domestic product (GSDP).
"The Delhi government maintained primary surplus between 2014-15 and 2017-18. It increased 62.88 per cent to stand at 0.43 per cent of the GSDP in 2017-18," said the CAG report.
The national capital territory (NCT) of Delhi had surplus revenue in the last five years. It declined 2.59 per cent in 2017-18, but stood at 0.72 per cent of the GSDP.
Read more:RBI's enhanced role to deter malpractices, add credibility to financial system: President