NDA govt cannot erase the ill effects of flawed GST regime and demonetisation from peoples mind

News Network
December 21, 2018

Bengaluru, Dec 21: Saying that flawed implementation of GST regime and ill-effects of demonetisation will remain in the people’s mind for a long period, Senior Congress leader and former Union Finance Minister P Chidambaram said the two processes initiated by the NDA government had severely damaged the Indian economy and they will be major factors influencing the outcome of the 2019 Lok Sabha elections.

Speaking to reporters here he said, ‘’no one can erase the thought on people’s mind that demonetisation and a flawed GST has damaged India's economy. That perception and and conviction has spread far and wide to every nook and corner of this country. Every citizen knows that the two had destroyed jobs and SMEs, while it derailed India’s economy. Nothing that BJP can do to erase that perception’’.

He said demonetisation had failed to have any effect on the informal economy as over 99 per cent was back into the banks. Traders were affected. People should ask the government to compensate all those who were affected by demonetisation.

Mr Chidambaram said world-over GST standard rate were one rate. IT was standard plus and minus. Congress had been demanding one standard rate not exceeding 18 per cent. ‘’This government called it stupid thought. Now this grand stupid thought is going to be blessed in tomorrow’s GST Council,’’ he lamented.

He said world-over GST standard rate is one rate. Standard plus and minus. Congress has been demanding one standard rate not exceeding 18 per cent. ‘’This government called it stupid thought. Today the grand stupid though is going to be blessed in tomorrow’s GST Council,’’ he added.

On farm loan waiver announced by newly elected Congress governments in Rajasthan, Chhattisgarh and Madhya Pradesh, the Congress leader said farm loan waiver, whether it is good or bad politics is not the issue.

‘’Farm loan waiver today is imperative. In just one district of Maharashtra, in just one last week, 108 farmers committed suicide. There are 5.28 crore small and medium farmers who are indebted out of 10 crore farmer families. The average indebtedness of a small medium farmer family is between Rs 90,000 to RS 1 lakh. How will this farmer family will ever repay this loan,’’ he said.

He said the new Congress governments in the three states have responded to the dire needs of the situation.

On economists criticising the farm loan waiver by various State government saying that it would affect the economy, Mr Chidambaram retorted, ‘’Economists should go to farm land, purchase two acres of land and do farming for at least two years and then comment on farm loan waiver. They must experience what farming is in this country. Whether it is good or bad politics people will decide. Economists or technocrats cannot what is good or bad politics. They can only define the quality of economics. We must understand the plight of farmers today’’.

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News Network
July 11,2020

Kochi, Jul 11: Johnny Paul Pierce's five-month stay in Kerala has been a soul-soothing experience for 74-year-old US citizen. He now wants to spend the rest of his life here.

"Kerala is a beautiful place to live in. This is my fifth trip here. I usually stay here for six months. It is such a magical place to be and I want to share that with people from the US," Pierce told ANI.

He came to India on February 26 on a tourist visa and is staying at Kandanadu in Kochi.

According to Pierce's Advocate, his tourist visa is valid up to January 26, 2025. But on this visa, he can only stay consecutively for 180 days.

The guidelines of the Indian government permit continuous stay for only 180 days for foreigners on tourist visas. His 180 days were set to expire on August 24, which the Foreigner Regional Registration Office (FRRO) extended to August 30.

The US citizen has approached the Kerala High Court seeking to convert his tourist visa into a business visa. The petition will be considered next week.

Pierce has sought a directive to the government to permit him to apply for the conversion of his tourist visa into a business visa and also to extend his stay, without having to leave the country.

"I am making a petition for an extra 180 days to stay. And I would also like to get a business visa in order to begin a tour company to bring people from the US to Kerala after the coronavirus. I wish my family could also come here. I am very impressed with what's is happening here. People in the US don't care about COVID-19," he said.

He talked about the risk of going back to his home country saying, "There are only 27 deaths in Kerala and in the US there over 1.3 lakh deaths. I do not want to go back to the US. I am 74 years old and I am at risk. This is a very safe place for me. I hope India embraces and allows me to stay."

"There's chaos in the US due to COVID-19 and government is not taking care like India. I want to stay here," he added.

Pierce further talked about his future plans, saying that if he is allowed to stay, he would like to lease a small resort and make a retirement community, which will be a COVID free zone.

Lastly, he made an appeal to the Indian government to let him stay in India saying that "all the immigration rules were made before COVID-19."

"There should be special consideration for people like me," he added.

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News Network
May 10,2020

Thiruvananthapuram , May 10: Issuing latest order in view of coronavirus outbreak, the Kerala government has ordered complete shut down on all Sundays.

"With a view to prevent the spread of COVID-19, improve the quality of life, reduce the carbon emissions, protect the environment and greenery of the State, the following protocol would be observed on Sundays across the State. Sundays will be observed as total shut down days until further orders," the order read.

Following activities will be permissible on Sundays:

A) Shops selling essential items

B) Collection and distribution of milk

C) Supply of Newspaper, media, hospitals, medical stores, medical labs and related institutions

D) No social gathering is permitted except for marriages and funerals

E) Departments, agencies and activities connected with the containment of COVID-19

F) Movement of goods vehicles

G) Agencies in the field of waste disposal

H) All manufacturing and processing activities of continuous nature and ongoing construction activities will be permitted

I) Take away counters of the hotel from 8 a.m to 9 p.m, online delivery up to 10 pm

J) Walking and cycling will be permitted.

K) In addition, the following roads mentioned in Annexure will be closed for motorised traffic except for movement of essential goods and emergency vehicles from 5 am to 10 am. During this time, non-motorised traffic such as walking and cycling will be permitted.

L) Movement of persons on Sundays are allowed only for health emergencies, Government servants on emergency duties and persons engaged in activities connected with Covid-19 containment, persons involved in the activities from (a) to (k) above, priests and other religious persons responsible for conducting rituals in worship places.

M) Any other movement of persons, if any in exigencies, shall only be with the travel passes obtained from District Collector or Police authorities concerned.

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News Network
June 9,2020

New Delhi, Jun 9: Petrol price on Tuesday was hiked by 54 paise per litre and diesel by 58 paise a litre - the third straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision.

Petrol price in Delhi was hiked to Rs 73.00 per litre from 72.46, while diesel rates were increased to Rs 71.17 a litre from Rs 70.59, according to a price notification of state oil marketing companies.

This is the third daily increase in rates in a row. Oil companies had on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

Prices were raised by 60 paise per litre each on both petrol and diesel on Sunday as well as on Monday. In all, petrol price has gone up by Rs 1.74 per litre and diesel by Rs 1.78 a litre in three days.

Oil PSUs - Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) - had put daily price revisions on hold soon after the government on March 14, hiked excise duty on petrol and diesel by Rs 3 per litre each.

Oil companies did not pass on that excise duty hike, as well as the May 6 increase in tax on petrol by Rs 10 per litre and Rs 13 a litre hike on diesel by setting them off against the decline in retail prices that should have effected to reflect international oil rates falling to two-decade low.

International rates have since rebounded and oil companies having exhausted all the margin are now passing on the increase to customers, an industry official said.

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