As the Commonwealth Games are about to begin, there's news that its Organizing Committee estimates it will have an "overall economic impact of approximately $4,940 million on India over the period of 2008-12".
Now that should gladden every Indian heart. What a huge economic impact that is. I mean, allow me to convert to rupees by multiplying that number by 50 ... that's Rs 24,700 crore!
According to this news, what we spent to generate this huge economic impact is "over Rs 70,000 crore."
Our expenditure on the Games is nearly three times the "overall economic impact" of the Games. Sounds like a pretty fabulous return on investment to me.