I hope Deepak Parekh will not accuse us of financial jugglery: P Chidambaram
PTI Posted online: Thursday, May 08, 2014 at 0000 hrs
New Delhi :
Responding to comments by HDFC Chairman Deepak Parekh on part of the subsidies of 2013-14 being rolled over to the current financial year, FM P Chidambaram said they are paid at the end of every quarter.
Accordingly, the fourth-quarter subsidy of the previous year is paid in the first quarter of the current year.
"This is well known in the government and I am sure this is known to Deepak Parekh.... I hope he will not accuse us of any kind of financial jugglery," P Chidambaram said.