Amit Shah says Congress 'can't preserve democracy'

Agencies
July 14, 2018

Gandhinagar, Jul 14: In a sharp attack on the Congress and the Gandhi-Nehru family, BJP president Amit Shah said on Saturday that a party which "failed" in establishing internal democracy can never preserve India's democracy.

Before the BJP came to power under the leadership of Prime Minister Narendra Modi in 2014, India was lagging behind other countries in most key areas such as economic growth, agriculture and on social sector indicators, he said.

However in the past four years, things have improved considerably, Shah said, addressing the audience at 'Youth Parliament' organised in the Karnavati University here.

"Before 2014, a particular party remained in power for the maximum period after Independence. But the way these governments functioned, a large part of the population remained deprived of development.

"These people had a feeling that independence brought no benefit for them," he said, without taking the name of the Congress party.

He then highlighted the achievements of the BJP-led government at the Centre.

"After assuming office (in May 2014), the first task Modiji took up was to uplift 50 crore people. In these four years, he brought 30 crore citizens into the formal economy by opening their bank accounts. More than 4.5 crore women were given LPG connections, while 7.5 crore toilets were built during that period," Shah said.

Continuing his attack on the Congress, the BJP chief said though many people sacrificed their lives during the freedom struggle, attempts were made to give credit for Independence to one party or a particular family.

"The party which came to power immediately after Independence has abolished internal democracy in the party. It has become family-centric. A party which has failed to preserve its own internal democratic structure can never preserve the country's democracy," Shah said.

"If we want to preserve democracy in our country, we must establish internal democracy in politics. Since that did not happen in the past, our country could not achieve desired results post independence," the BJP chief said.

Shah said the Indian Space Research Organisation realised its full potential after the Modi government came to power. This was reflected in the ISRO sending a record number of satellites in space in one go in early 2017, he added.

"In the past, the ISRO used to launch one or two or a maximum 13 satellites at one go. But after Modiji came (to power), ISRO launched 104 satellites in one go, leaving the US behind.

"We did that with the same scientists and resources which were there in the past," Shah said.

Referring to the World Economic Forum meet in Davos earlier this year, he again targeted the Congress, saying previous prime ministers - most of them from the Congress party - were concerned about getting photos clicked with world leaders at the conclave.

"In the past, there existed no chance for Indian PMs to address the forum. But this time, despite the presence of many world leaders, Modiji got the privilege to inaugurate the meet and gave his speech in Hindi," he said.

Commenting on the surgical strikes across the LoC in Pakistan-occupied Kashmir, he said Modi's go-ahead to the armed forces for the 2016 raid put India in the league of nations such as the US and Israel, which are known to avenge the killing of their soldiers.

Shah urged the youth to join Modi's mission to build a New India by 2022.

The BJP leader said the New India will be a society free of casteism, poverty, community divisions, dynastic political system, corruption and politics of appeasement.

"Let's take a pledge to build a New India as envisaged by Modiji, who is the most charismatic and popular leader in the world. We all are lucky to have him at the helm of affairs in the country," Shah said.

Comments

Sharief Fairman
 - 
Sunday, 15 Jul 2018

BJP is openly declaring, INDIA is Hindu Rashtra,  No Democracy only Hindutva,   then how these stupid leaders talk about restoring democracy.

This is Hiprocracy on democracy. These people have no right to say on democracy where it is allergice for them.

God help us save our innocent citizens not falling prey into the dirty politics of these goonda party.

 

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 2,2020

Feb 2: Prime Minister Narendra Modi’s second budget in seven months disappointed investors who were hoping for big-bang stimulus to revive growth in Asia’s third-largest economy.

The fiscal plan -- delivered by Finance Minister Nirmala Sitharaman on Saturday -- proposed tax cuts for individuals and wider deficit targets but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and create jobs. Stocks slumped as a proposal to scrap the dividend distribution tax for companies failed to impress investors.

"Far from being a game changer, the budget provides little in terms of short-term growth stimulus,” said Priyanka Kishore, head of India and South East Asia economics at Oxford Economics Ltd. in Singapore. “While income tax cuts will provide some relief on the consumption front, the multiplier effect is low and the overall stance of the budget is not expansionary."

India has gone from being the world’s fastest-growing major economy three years ago, expanding at 8%, to posting its weakest performance in more than a decade this fiscal year, estimated at 5%.

While the government has taken a number of steps in recent months to spur growth, they’ve fallen short of spurring demand in the consumption-driven economy. Saturday’s budget just added to the glum sentiment.

Okay Budget

“It’s an okay budget but not firing on all cylinders that the market was hoping for,” said Andrew Holland, chief executive officer at Avendus Capital Alternate Strategies in Mumbai.

The government had limited scope for a large stimulus given a huge shortfall in revenues in the current year. The slippage induced Sitharaman to invoke a never-used provision in fiscal laws, allowing the government to exceed the budget gap by 0.5 percentage points. The result: the deficit for the year ending March was widened to 3.8% of gross domestic product from a planned 3.3%.

On Friday, India’s chief economic adviser Krishnamurthy Subramanian said reviving economic growth was an “urgent priority” and deficit goals could be relaxed to achieve that. The adviser’s Economic Survey estimated growth will rebound to 6%-6.5% in the year starting April.

The fiscal gap will narrow to 3.5% next year, as the government budgeted for gross market borrowing to rise marginally to 7.8 trillion rupees from 7.1 trillion rupees in the current year. A plan to earn 2.1 trillion rupees by selling state-owned assets in the year starting April will also help plug the deficit.

Total spending in the coming fiscal year will increase to 30.4 trillion rupees, representing a 13% increase from the current year’s budget, according to latest data.

Key highlights from the budget:

* Tax on annual income up to 1.25 million rupees pared, with riders

* Dividend distribution tax to be levied on investors, instead of companies

* Farm sector budget raised 28%, transport infrastructure gets 7% more

* Spending on education raised 5%

* Fertilizer subsidy cut 10%

Analysts said the muted spending plan to keep the deficit in check will lead to more downside risks to growth in the coming months.

“It is very doubtful that the increase in expenditure will push demand much,” Chakravarthy Rangarajan, former governor at the Reserve Bank of India told BloombergQuint, adding that achieving next year’s budget deficit goal of 3.5% of GDP was doubtful.

With the government sticking to a conservative fiscal path, the focus will now turn to central bank, which is set to review monetary policy on Feb. 6. Given inflation has surged to a five-year high of 7.35%, the RBI is unlikely to lower interest rates.

What Bloomberg’s Economists Say:

The burden of recovery now falls solely on the Reserve Bank of India. With inflation breaching RBI’s target at present, any rate cuts by the central bank are likely to be delayed and contingent upon inflation falling below the upper end of its 2%-6% target range.

-- Abhishek Gupta, India economist

Governor Shaktikanta Das may instead focus on unconventional policy tools such as the Federal Reserve-style Operation Twist -- buying long-end debt while selling short-tenor bonds -- to keep borrowing costs down.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 18,2020

New Delhi, Mar 18: As many as 276 Indians have been infected with coronavirus abroad, including 255 in Iran, 12 in UAE and five in Italy, the government informed the Lok Sabha on Wednesday.

In a written reply to a question in the Lok Sabha, Minister of State for External Affairs V Muraleedharan said the total number of Indians infected by coronavirus is 276 — 255 in Iran, 12 in UAE, five in Italy, and one each in Hong Kong, Kuwait, Rwanda and Sri Lanka.

A fourth batch of 53 Indians returned to India from Iran on Monday, taking the total number of people evacuated from the coronavirus-hit country to 389.

Iran is one of the worst-affected countries by the coronavirus outbreak and the government has been working to bring back Indians stranded there. Over 700 people have died from the disease in Iran and nearly 14,000 cases detected.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 3,2020

Bengaluru, May 3: Renowned Kannada poet KS Nissar Ahmed passed away on May 3.

Winner of several awards including Karnataka Sahitya Akademi Award for Poetry, Rajyotsava Award, Padma Shri among others, Ahmed died at the age of 84

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.