India on course for 8% plus growth, claims Jaitley

Agencies
February 1, 2018

New Delhi, Feb 1: India is firmly on course to achieving over 8 per cent growth and becoming the world's 5th largest economy, Finance Minister Arun Jaitley said today.

It has achieved an average growth of 7.5 per cent in the first three years of the Modi government, he said.

The GDP (Gross Domestic Product) growth of 6.3 per cent in the July-September quarter of the current fiscal signalled turnaround of the economy, Jaitley said while presenting the Union Budget 2018-19 in the Lok Sabha.

The country is expected to grow at 7.2 to 7.5 per cent in the second half of the current fiscal, ending March 31.

Manufacturing sector, he said, is back on good growth path and the services, mainstay of India's growth, have also resumed their high growth rates of 8 per cent plus. Also, exports are expected to grow at 15 per cent in 2017-18.

"We are now firmly on course to achieve high growth of 8 per cent plus," Jaitley said in his one hour 50 minute speech.

He stressed that the Indian economy has performed very well since the NDA government took over in May 2014.

"Indian economy is now USD 2.5 trillion economy seventh largest in the world, he said.

"India is expected to become the fifth largest economy very soon," he added.

On Purchasing Power Parity (PPP) basis, India is already the third largest economy.

As per the estimates of Central Statistics Office (CSO), Indian economy is expected to grow at 6.5 per cent in the current fiscal.

For 2018-19, the economy is likely to grow at 7-7.5 per cent as per the Economic Survey tabled in Parliament earlier this week.

GDP growth in first quarter of 2017-18 had moderated to 5.7 per cent, the lowest in the three years, before recovering to 6.3 per cent in the following three months.

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News Network
April 26,2020

Dubai, Apr 26: Families were shattered as the three dead bodies of UAE-based Indian expats were returned to the country from New Delhi, India.

Family members waited outside the Indira Gandhi International Airport for hours, but they were later told to go back home as the remains of expats Jagsir Singh, Sanjeev Kumar and Kamlesh Bhatt were flown back to Abu Dhabi, following a new order implemented by India's Ministry of Home Affairs.

Inderjeet, brother-in-law of Sanjeev based in Al Ain, said their family in Punjab was devastated.

"This is a non-coronavirus death. We had a death certificate as proof and all necessary documents from Indian Embassy. But the body was returned while our family members waited outside the airport. This is very shocking," Inderjeet said.

"The body shouldn't have been returned. It's difficult to travel across states due to Covid-19 restrictions and also to arrange the ambulance," he added.

"Now the embassy has told me to come on Sunday. They said hopefully things will be sorted out in a day or two."

Meanwhile, the family of Kamlesh resides in the Indian state of Uttarakhand. This means, with existing travel restrictions, they had to secure permits from different states to reach New Delhi.

Dubai-based social worker Girish Pant, who is in touch with the family, said they are all depressed with the unfortunate turn of events.

"His brother Vimlesh had to return home without the remains. They are all clueless and in pain. With the new order from the Ministry of Home Affairs, I have informed the family that the body will reach them within 48 hours. I am also coordinating with the Indian Embassy," Pant said.

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Ahmed A.K.
 - 
Monday, 27 Apr 2020

Now support BJP

 

Indian origins dont have place to cremate in their own land while our HM is planning to give nationality to minorities of other countries.

 

what a joke man!!!

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News Network
January 6,2020

Aboard Air Force One, Jan 6: US President Donald Trump threatened sanctions against Baghdad on Sunday after Iraq's parliament called on US troops to leave the country, and the president said if troops did leave, Baghdad would have to pay Washington for the cost of the air base there.

"We have a very extraordinarily expensive air base that's there. It cost billions of dollars to build, long before my time. We're not leaving unless they pay us back for it," Trump told reporters on Air Force One.

Trump said that if Iraq asked US forces to leave and it was not done on a friendly basis, "we will charge them sanctions like they've never seen before ever. It'll make Iranian sanctions look somewhat tame."

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News Network
February 2,2020

New Delhi, Feb 2: The Congress on Sunday released its manifesto for Delhi polls, promising to implement unemployment allowance of Rs 5,000-7,500 per month and cashback schemes for water and power consumers, if voted to power.

Presenting the manifesto, Delhi Congress chief Subhash Chopra said the party will provide free power up to 300 unit per month.

The manifesto also committed to spend 25 per cent budget each year on fighting pollution and improving transport facilities.

An unemployment allowance of Rs 5,000 for graduates and Rs 7,500 for post graduates per month will be provided under the Yuva Swabhiman Yojna, he said.

The Congress will launch flagship cashback schemes for power and water supply to benefit consumers saving these resources. The party, if voted to power, will open 100 Indira Canteens to provide subsidised meals at Rs 15, Chopra said.

The Congress will challenge the Citizenship Amendment Act (CAA) in the Supreme Court and demand the Centre to withdraw the law. The party will also not implement the National Register of Citizens (NRC) and the existing form of the National Population Register (NPR), if voted to power in Delhi.

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