'Budget is election manifesto,attempts to bribe voters'

Agencies
February 1, 2019

Feb 1: Leader of Congress in Lok Sabha Mallikarjun Kharge on Friday termed the Union Budget as BJP's "election manifesto" and accused the ruling dispensation of bribing voters ahead of the Lok Sabha polls.

Speaking to reporters outside Parliament, Kharge said the promises made by the BJP in this budget are mere poll sops and "jumlas", which will not be fulfilled as the BJP has a mandate to rule only till May this year.

General elections are slated to be held in April-May.

"I would term today's budget as BJP's election manifesto," Kharge said.

"This is all being done for elections. I directly charge them of paying bribe to voters," he alleged.

Kharge said the BJP has not told the people on what they have achieved during their rule and how many promises it has fulfilled in its five years of government.

It also did not talk about its "jumla" of providing Rs 15 lakh into the bank accounts of people, he said, adding that it also did not fulfil the promise of providing 10 crore jobs in five years.

"These are only election sops and 'jumlas', as they had been speaking about 'jumlas' in the past.

"There is politics in everything they do and there is nothing for the poor in this budget...This budget is only an election manifesto that the BJP read in Parliament and it is only for getting votes," Kharge said, adding people understand that they will not be befooled any more.

The senior Congress leader said no progress has taken place in their government and what they are going to do in future are 'mere jumlas (gimmicks)', from which people will not benefit.

"The BJP are thinking that they will get votes, but people understand that as in the past they had deceived and befooled the people, youth and farmers and they are doing so again," he said.

Kharge also alleged that the budget for Dalits is also very less, as there is very less provision for them and alleged that the BJP is trying to befool the farmers.

He alleged that the government did not provide 10 crore jobs and the money kept for 1.2 crore houses is very less.

Farmers with less than 2.5 hectares land, he said, will get only Rs 6,000 per year, which is Rs 500 per month.

"They are distributing money in elections to please farmers, but the reality is that in the first three months they would give only Rs 2,000 in first instalment," he said.

On the announcement of Income Tax exemption up to Rs 5 lakh to tax-payers, he alleged the BJP parliamentarians are creating a 'tamasha' in Parliament.

"You have a mandate up to May and instead they have presented a full year's budget and are trying to befool the people of the country, keeping elections in mind.

"Who will fulfil these promises made. If they do not come to power, who will fulfil these promises. The next government will come and only it can deliver.

"These are only election sops and 'jumlas', as they had been speaking about 'jumlas' in the past," he said.

Comments

Peacelover
 - 
Friday, 1 Feb 2019

This budget with a aim of 2019 election's  a election budget only in favor to rss back ground bjpeans benifit and not with publics/Indian citizens benifit. This will no more divert major part voters mind. Only pracharak n godse bakth may support.

 

No doubt jumle baaj n team will never come to power any more in India.

 

 

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News Network
March 9,2020

Mumbai, Mar 9: India's Yes Bank will not be merged with State Bank of India, which is set to infuse funds in the beleaguered lender, the newly appointed administrator leading the rescue plan said in a television interview on Monday.

"There is absolutely no question of a merger," Prashant Kumar, the administrator, told the CNBC TV18 channel.

The Reserve Bank of India (RBI) on Thursday took control of Yes Bank, after the lender - which is laden with bad debts - failed to raise the capital it needs to stay above mandated regulatory requirements.

Placing Yes Bank under a 30-day moratorium, the central bank imposed limits on withdrawals to protect depositors and said it would work on a revival plan. The move spooked depositors, who rushed to withdraw funds from the bank.

Kumar, a former finance chief at SBI, assured depositors their money was safe and that the moratorium on Yes Bank might be lifted much before the deadline on April 3 and normal banking operations might resume as early as Friday.

He also mentioned that the withdrawal limit of Yes Bank may be removed by March 15, 2020.

SBI Chairman Rajnish Kumar said on Saturday the state-run bank would need to invest up to 24.5 billion rupees ($331 million) to buy a 49% stake in Yes Bank as part of the initial phase of the rescue deal, adding that the survival of troubled lender was a "must".

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News Network
March 20,2020

New Delhi, Mar 20: The coronavirus pandemic will leave behind a global recession with small businesses, self-employed and daily wagers taking the worst hit, Mahindra Group Chairman Anand Mahindra said on thursday.

"The virus will eventually be conquered, but it will have left behind a global recession. The costs of that are incalculably high at this time. The most fearsome toll will be on small businesses, the self-employed & those whose lives depend on meagre daily wages," Mahindra said in a tweet.

Apart from the toll on lives, the legacy of Covid-19 may well be deaths due to stress, loss of livelihoods, a rise in homelessness and in extreme situations, civil unrest, he added.

"The only global experience that has lessons for us in the current situation is the last world war. In the aftermath of WW2, the US came up with the Marshall plan to revive Europe, effectively a giant fiscal pump-priming," Mahindra said.

In the US, the government dramatically dismantled regulations and opened up the economy to trade and these actions led to a boom-cycle that stretched to 1975, he added.

"This time, there will be no victors, only the vanquished. So every country will have to create its own post ‘virus war” marshall plan & take care of those in society who are hit the hardest. Perhaps we too can build the foundations of a sustained global growth cycle," Mahindra said.

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Agencies
January 24,2020

New Delhi, Jan 24: The government's plan to sell national carrier Air India may face political and legal headwinds with senior BJP leader Subramanian Swamy raising the red flag against the decision.

Days before the launch of bidding process by inviting Expressions of Interest (EoI) from potential suitors, Swamy has warned against such move, saying the issue was currently being discussed by a Parliamentary panel.

"Right now, it (Air India disinvestment) is before the consultative committee and I am a member of that. I have been asked to give a note which will be discussed in the next meeting. They can't go ahead without that," Swamy told media.

"If they do, I will go to court. They know that too," he cautioned.

A vocal opponent of Air India privatisation, Swamy had earlier suggested to list 49 per cent of Air India shares on stock exchanges while government holds 51 per cent in the carrier, as an alternative to selling its entire stake to private companies.

It has been reliably learnt that the Rajya Sabha member had expressed reservations over privatisation of Air India at the meeting of a Parliamentary consultative committee earlier this month.

After its failed first attempt, the Modi government has shown great zeal this time to sell Air India. It is set to offer a sweetened deal to potential buyers this time around by removing a large chunk of the debt and liabilities from the airline’s books.

Aviation Minister Hardeep Singh Puri had earlier said that Air India will be shut down, in case the disinvestment exercise is not successful.

Sources told media that the preliminary information memorandum (PIM) inviting EoI has been tentatively scheduled to be unveiled on January 27.

Air India is proposed to be sold along with its subsidiary Air India Express and ground-handling joint venture company Air India Singapore Airport Terminal Services Ltd (AISATS) in which it has 50 per cent stake.

Air India on January 10 came out with a tender for engaging aircraft asset management companies for carrying out technical audit of its entire fleet.

A Ministerial panel on Air India chaired by Home Minister Amit Shah on January 7 approved the draft EoI and a share purchase agreement (SPA) for the airline's disinvestment.

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