If something can go wrong, it will. —Murphy's law
Murphy was an optimist. —O'Reilly's observation
IF there's any one place in the government where Murphy's Law would be perfectly applicable, it's the finance ministry. Thanks to a worsening economic slowdown, lack of adequate policies, and diminishing confidence of external and domestic investors, everything seems to be going horribly wrong in the department which monitors the purse of the economy.
It's the usual problem: even as the government spends more, earning is less. So, borrowings rise. Especially on the revenue front, there seems to be a significant slip. Consider the figures: