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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Agencies
February 7,2020

Thiruvananthapuram, Feb 7: Kerala Finance Minister T M Thomas Isaac on Friday began presenting the fifth budget of the CPI(M)-led LDF government for the 2020-21 fiscal by making remarks against the Citizenship Amendment Act and the unanimous resolution passed by the state assembly against it.

Stating the amended act was posing a threat to the basic credentials of the Constitution, he said the country was witnessing the biggest protests ever in the post-Independence era.

Students and women are at the forefront of the anti- CAA agitations and the hope of the country lies in the youth who hit the streets vowing they would not let the country down, he said.

Coming down heavily on the BJP-led NDA government at the Centre, Isaac said a communalised government machinery, leaders who talk only about "disgust and hatred" and their party workers who consider violence as their duty was the current reality in the country.

"Generally speaking, it is the present India...The concerns triggered by Citizenship Amendment Act (CAA) and the National Register of Citizens (NRC) are beyond words. The fear of detention centres are hanging above the head of over 19 lakh people of Assam who have lived as Indians till yesterday," he said.

Quoting from a poem 'Fear' by a 15-year old boy from Wayanad Dhruvath Gautham who wrote 'fear is country and silence is an ornament!,' Isaac said "even the imagination of our children is now filled with fear".

Referring to the stringent opposition raised by the Left government in the state against the CAA and NRC, the finance minister lavished praise on the joint protests led by the ruling LDF and opposition UDF against the central act.

Setting aside political differences, the rival fronts in the state had joined hands to protest when the country had faced existential threat which had become a model for other states, he said.

When Chief Minister Pinarayi Vijayan and Leader of the Opposition Ramesh Chennithala jointly protested at the same venue against CAA, Kerala became a model to other states, the senior leader added.

The state showcased the same unity while passing a resolution requesting the centre to repeal the CAA and filing a suit in the apex court against this under the Article 130, he said.

"The country's economy is heading towards a severe economic crisis like that witnessed in 2009," he said.

Earlier, the references to anti-CAA protests had found a place in the Pinarayi Vijayan government's policy address also.

While presenting the policy address in the House, Governor Arif Mohammed Khan had read out references to anti- CAA resolution passed by the house, despite disagreeing with it.

Reading out the the anti-CAA stand of the state government, the Governor said "our citizenship can never be on the basis of religion as this goes against the grain of secularism which is part of the basic structure of our constitution.

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News Network
July 2,2020

New Delhi, Jul 2: India's COVID-19 tally breached the 6 lakh cases mark with 19,148 new coronavirus cases being reported in the last 24 hours, informed the Union Ministry of Health and Family Welfare on Thursday.

The total cases now stand at 6,04,641 of which there are 2,26,947 active cases while 3,59,860 patients have been cured/discharged/migrated.

434 deaths have been reported in the last 24 hours taking the number of COVID-19 deaths in the country to 17,834.

Maharashtra, the worst-hit state, has a total of 1,80,298 cases including 8,053 fatalities. Meanwhile, Tamil Nadu has 94,049 cases inclusive of 1,264 deaths.

Delhi has 89,802 coronavirus cases including 2,803 deaths.

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News Network
March 21,2020

New Delhi, Mar 21: Novel coronavirus cases in India rose to 258 on Saturday after 35 fresh cases were reported in various parts of the country, according to the Health Ministry.

Among the 258 are 39 foreign nationals, including 17 from Italy, three from the Philippines, two from the UK, one each belonging to Canada, Indonesia and Singapore.

The total figure also includes four deaths reported from Delhi, Karnataka, Punjab and Maharashtra.

"The total number of active COVID-19 cases across India stands at 231 so far," the ministry said, adding that 23 others have been cured/discharged/migrated while four have died.

Delhi has, so far, reported 26 positive cases, which include one foreigner, while Uttar Pradesh has recorded 24 cases, including one foreigner.

Maharashtra has 52 cases, including three foreigners, while Kerala has recorded 40 cases, which include seven foreign nationals.

Karnataka has 15 coronavirus patients. The number of cases in Ladakh rose to 13 and Jammu & Kashmir four. Telangana has reported 19 cases, which include 11 foreigners.

Rajasthan has also reported 17 cases, including two foreigners. Gujarat has reported seven cases so far.

Tamil Nadu, Andhra Pradesh and Uttarakhand have reported three cases each.

West Bengal, Odisha and Punjab each reported two cases while Puducherry, Chhattisgarh and Chandigarh reported one case each.

In Haryana, there are 17 cases, which include 14 foreigners.

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