English हिन्दी
Connect with us

India News

After Yashwant Sinha, BJP’s Shourie hammers Modi govt, calls noteban an “idiotic jolt”

Published

on

Arun Shourie

The former union minister says demonetisation was the largest money-laundering scheme ever conceived and implemented by a government

Days after former finance minister Yashwant Sinha created a stir with his forthright critique of finance minister Arun Jaitley’s handling of the Indian economy, former Union minister and BJP veteran Arun Shourie has now launched a broadside against Prime Minister Narendra Modi’s government over its economic policies; demonetisation in particular.

Terming demonetisation “the largest money-laundering scheme ever conceived and implemented entirely by the government,” Shourie told news channel NDTV in an interview that Modi’s noteban which rendered out 86 per cent of the currency circulating in the economy as no longer legal tender was “idiotic jolt”. The former union minister and veteran journalist said that demonetisation had little impact on curbing the shadow economy – Modi’s stated objective for behind the move – and that “everyone who had black (money) converted it into white”.

The former Union minister went on to say that while demonetisation “was a bold step. I have to remind you, suicide too is a bold step.”

Shourie’s comment on black money having been “converted into white” is backed by the recent RBI report which suggested that nearly 99 per cent of the banned Rs 500 and Rs 1000 currency notes had been returned to banks. He added that none of the government’s arguments in support of demonetisation had yielded fruit. “Which argument today survives? Black money? All of it turned white. Terrorism? Terrorists are still coming into India. At the end they have nothing to say,” he pointed out.

The senior BJP leader who held the disinvestment portfolio in former Prime Minister Atal Behari Vajpayee’s NDA government also slammed the Modi regime’s implementation of the Goods and Services Tax (GST) stating that the “important reform” was implemented “poorly”. Shourie emphasised that “rules (for the GST rollout) have been amended seven times within three months” and insisted that what makes it worse is the “event management of the GST…A tax reform is being compared to the independence of India (a reference to the ‘stroke of the midnight hour’ like rollout of GST on July 1 this year).”

The BJP leader didn’t spare his party’s national president Amit Shah, calling him “that famous economist” while slamming his comment in which he had sought to blame the dip in India’s GDP growth rate on “technical reasons” and not the aftermath of demonetisation and GST rollout as is largely believed.

After Yashwant Sinha, BJP’s Shourie hammers Modi govt, calls noteban an “idiotic jolt”Shourie reiterated his “government run by two and a half persons” comment, stating that “Narendra Modi, Amit Shah and one in-house lawyer… don’t have the expertise and they have surrounded themselves by people who don’t have the expertise (of running the country).”

He said that the Modi government was functioning in a “sealed echo-chamber” and claimed that “They (those in the government) don’t hear what is happening… The distress the RBI has documented of small and medium enterprise. These poor fellows had been clamouring and shouting. Nobody heard them (sic)”.

Taking a dig at the Modi government’s proclivity for organizing mega-events to unveil all their programs, Shourie said: “Their core competence is event management. They are so self-satisfied with it. They are just briefing each other, not listening to others… They are concerned about 300-feet statute, bullet trains etc.”

Shourie also made it a point to throw figures and data at the government to back claims of an economic downturn. Stating that attacks against the government over the slowing pace of the economy was based on hard facts, Shourie said: “those facts emerge from official reports such as The Economic Survey, the RBI surveys, the SBI’s report etc. Is it a fact or not that GDP has collapsed to 3.7 per cent according to the old series? Is it a fact or not that index of industrial production has gone down from about 9 per cent in 2015-16 to about 1.7 per cent in April to July?”

India News

Manipur: Congress hits back at BJP chief Nadda’s letter to Kharge

Ramesh emphasised that Nadda’s letter is replete with inaccuracies and reiterated that the people of Manipur long for normalcy, peace, and harmony.

Published

on

The Congress on Friday lashed out at BJP president JP Nadda’s accusations that the Opposition party was promoting a politically motivated narrative concerning the situation in Manipur.

The grand old party described Nadda’s letter to Congress chief Mallikarjun Kharge as a 4D exercise, which means denial, distortion, distraction, and defamation.

Nadda, responding to Kharge’s call for President Droupadi Murmu’s intervention and his claims of the Centre’s total failure in managing the crisis, claimed that the consequences of Congress’s “abject failure” in handling local issues in Manipur during its governance are still being felt today.

Responding to Nadda, Congress General Secretary for Communications Jairam Ramesh stated, “Congress President Kharge ji wrote to the President of India on Manipur. Apparently, to counter that letter, the BJP President has now written to the Congress President.”

Ramesh emphasised that Nadda’s letter is replete with inaccuracies and reiterated that the people of Manipur long for normalcy, peace, and harmony.

He noted that they are posed with four critical questions: When will the Prime Minister visit the state? How much longer will the Chief Minister remain in office despite lacking majority support? When will a full-time Governor be appointed? And when will the Union Home Minister be held accountable for his failures in Manipur?

Nadda expressed astonishment at the Congress’s ongoing efforts to sensationalize the situation in Manipur, pointing out that Kharge appeared to overlook the fact that his party’s past government had legitimized the illegal migration of foreign militants to India, during which former Home Minister P Chidambaram had signed relevant treaties.

On Tuesday, Kharge had written to President Murmu regarding the worsening conditions in Manipur, requesting her immediate intervention to ensure that the citizens of the state can live peacefully and with dignity.

In his two-page letter, Kharge accused both the Union and Manipur state governments of “completely failing” to restore peace and normalcy over the past 18 months, resulting in a loss of public confidence in their leadership.

Continue Reading

India News

Rahul Gandhi is right, Gautam Adani should be arrested: RJD president Lalu Yadav

“Rahul Gandhi is right. Adani should be arrested,” said Prasad, who is an old ally of the Congress and a staunch opponent of the BJP, to which Adani is said to be close.

Published

on

RJD president Lalu Prasad Yadav on Friday spoke in support of Congress leader Rahul Gandhi’s demand for immediate arrest of Gautam Adani, after the Industrialist was charged in the US for alleged bribery and fraud.

Gandhi, the Leader of Opposition in the Lok Sabha, said on Thursday that Gautam Adani should be arrested immediately, and his protector Madhabi Puri Buch should be investigated

The former Congress chief claimed that the recent developments vindicate his long-standing allegations against Gautam Adani. He took a sharp dig at Prime Minister Narendra Modi and alleged that Modi is protecting Adani, and is also involved in corruption. 

Yadav, the former chief minister of Bihar, was responding to queries from journalists here about Gandhi’s statement on the previous day, in the backdrop of charges of bribery and fraud against the Adani group in the US.

“Rahul Gandhi is right. Adani should be arrested,” said Prasad, who is an old ally of the Congress and a staunch opponent of the BJP, to which Adani is said to be close.

The RJD supremo, who incidentally has been convicted in several fodder scam cases and is on bail, was also asked about prospects of the INDIA bloc, of which his party is a part, in Jharkhand, where the counting of votes for assembly polls is scheduled on Saturday.

Speaking to PTI, the ailing septuagenarian replied, “I would like to remain focused on my statement that Adani must be arrested. I am not worried much about a new government (in Jharkhand) where we are already in power.” Jharkhand witnessed a straight battle between the INDIA bloc and the BJP-led NDA, which included the JD(U) headed by Nitish Kumar, Prasad’s arch-rival and the current Chief Minister of Bihar.

Addressing a press conference on Thursday, Gandhi further said that Chief Ministers have been jailed for scams of Rs 10-15 crore, but Adani, who has committed a scam of Rs 2000 crore is walking free.

Continue Reading

India News

Cash for votes row: BJP leader Vinod Tawde sends legal notice to Rahul Gandhi, Mallikarjun Kharge, asks them to apologise or face defamation

The BJP leader said the allegations against him were false, baseless and made with malafide intentions.

Published

on

Cash for votes row: BJP leader Vinod Tawde sends legal notice to Rahul Gandhi, Mallikarjun Kharge, asks them to apologise or face defamation

BJP leader Vinod Tawde, accused of distributing cash to influence voters, has sent a legal notice to Congress leaders Mallikarjun Kharge, Supriya Shrinate and Rahul Gandhi over the controversy. The BJP leader has demanded their apologies or face a Rs 100-crore defamation case.

Vinod Tawde’s legal notice came after regional party Bahujan Vikas Aghadi (BVA) leader Hitendra Thakur on Tuesday accused him of distributing Rs 5 crore at a hotel in Virar in Palghar district, 60 km from Mumbai, to woo voters.

In the legal notice, the BJP leader said the allegations against him were false, baseless and made with malafide intentions. He claimed that he demanded an apology from the three Congress leaders for their remarks against him in the cash-for-votes row or he would be forced to initiate criminal proceedings against them.

Just a few hours before the Assembly Elections, a video went viral on Tuesday showing BVA workers storming into the hotel in Palghar during a meeting between Vinod Tawde and Rajan Naik, the BJP candidate from the Nalasopara seat. The BVA workers alleged that Tawde was caught red-handed with Rs 5 crore cash.

In the viral video, the BVA workers were seen taking out bundles of cash from a bag, while Tawde was sitting at a distance. The BVA workers also took pictures and videos of him on their phones. Amid these allegations, BVA leaders said that Rs 5 crore cash was distributed, an election official on Tuesday said Rs 9.93 lakh cash was recovered from the hotel rooms.

However, Vinod Tawde denied the allegation, saying he was only providing guidance to party workers on poll procedures and said he was not stupid enough to distribute money at his opponent’s hotel. Speaking to the media, he said that the Vivanta Hotel is owned by the Thakurs, and he is not stupid to go to their hotel and distribute money there.

The Police registered two FIRs against Tawde, BJP candidate Naik and others in connection with the controversy. Additionally, the Election Commission filed three FIRs against Tawde.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com