Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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		 Published on</span><span class="text-date"> Aug 25, 2019</span>
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                            <div align="justify">-Newsclick.in<br /><br /><em>Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don&rsquo;t address lack of demand.<br /></em><br />The raft of measures announced by India&rsquo;s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don&rsquo;t even address the key problems of lack of purchasing power with the people and raging unemployment. It&rsquo;s rearranging the furniture when the house is on fire.<br /><br />Sitharaman&rsquo;s announcements were welcomed by everybody from prime minister Narendra Modi, and home minister Amit Shah to party leaders, ministers, chief ministers and even ex-chief ministers of the ruling Bharatiya Janata Party. They were also welcomed by some of the automobile industry tycoons and share market players. Even the US-India Business Council praised it extravagantly.<br /><br />The measures can be boiled down to: roll back of enhanced surcharge on foreign portfolio investors, lifting ban on government purchase of new cars, allowing BS-IV vehicles to ply till their registration time gets over, allowing an additional 15% depreciation rate for vehicles, infusing Rs.70,000 crore in banks and Rs.20,000 crore for housing finance companies through the National Housing Bank, completing all pending Goods and Services Tax refunds to MSMEs (medium, small and micro enterprises) in 30 days, removal of angel tax on start-ups, etc.<br /><br />&ldquo;The finance minister is simply trying to talk the economy out of the ongoing slowdown. It&rsquo;s not going to work,&rdquo; said Surajit Mazumdar, professor of economics at Delhi&rsquo;s Jawaharlal Nehru University.<br /><br />Please <a href="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY" title="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-Newsclick.in<br /><br /><em>Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don&rsquo;t address lack of demand.<br /></em><br />The raft of measures announced by India&rsquo;s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don&rsquo;t even address the key problems of lack of purchasing power with the people and raging unemployment. It&rsquo;s rearranging the furniture when the house is on fire.<br /><br />Sitharaman&rsquo;s announcements were welcomed by everybody from prime minister Narendra Modi, and home minister Amit Shah to party leaders, ministers, chief ministers and even ex-chief ministers of the ruling Bharatiya Janata Party. They were also welcomed by some of the automobile industry tycoons and share market players. Even the US-India Business Council praised it extravagantly.<br /><br />The measures can be boiled down to: roll back of enhanced surcharge on foreign portfolio investors, lifting ban on government purchase of new cars, allowing BS-IV vehicles to ply till their registration time gets over, allowing an additional 15% depreciation rate for vehicles, infusing Rs.70,000 crore in banks and Rs.20,000 crore for housing finance companies through the National Housing Bank, completing all pending Goods and Services Tax refunds to MSMEs (medium, small and micro enterprises) in 30 days, removal of angel tax on start-ups, etc.<br /><br />&ldquo;The finance minister is simply trying to talk the economy out of the ongoing slowdown. It&rsquo;s not going to work,&rdquo; said Surajit Mazumdar, professor of economics at Delhi&rsquo;s Jawaharlal Nehru University.<br /><br />Please <a href="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY" title="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY">click here</a> to read more. <br /></div>                                                           
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Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don&rsquo;t address lack of demand.

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    <h1 class="cat-box-title">Economic slump: Modi govt re-arranging furniture when house is on fire -Subodh Varma</h1>
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                            <div align="justify">-Newsclick.in<br /><br /><em>Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don&rsquo;t address lack of demand.<br /></em><br />The raft of measures announced by India&rsquo;s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don&rsquo;t even address the key problems of lack of purchasing power with the people and raging unemployment. It&rsquo;s rearranging the furniture when the house is on fire.<br /><br />Sitharaman&rsquo;s announcements were welcomed by everybody from prime minister Narendra Modi, and home minister Amit Shah to party leaders, ministers, chief ministers and even ex-chief ministers of the ruling Bharatiya Janata Party. They were also welcomed by some of the automobile industry tycoons and share market players. Even the US-India Business Council praised it extravagantly.<br /><br />The measures can be boiled down to: roll back of enhanced surcharge on foreign portfolio investors, lifting ban on government purchase of new cars, allowing BS-IV vehicles to ply till their registration time gets over, allowing an additional 15% depreciation rate for vehicles, infusing Rs.70,000 crore in banks and Rs.20,000 crore for housing finance companies through the National Housing Bank, completing all pending Goods and Services Tax refunds to MSMEs (medium, small and micro enterprises) in 30 days, removal of angel tax on start-ups, etc.<br /><br />&ldquo;The finance minister is simply trying to talk the economy out of the ongoing slowdown. It&rsquo;s not going to work,&rdquo; said Surajit Mazumdar, professor of economics at Delhi&rsquo;s Jawaharlal Nehru University.<br /><br />Please <a href="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY" title="https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY">click here</a> to read more. <br /></div>                                                           
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Economic slump: Modi govt re-arranging furniture when house is on fire -Subodh Varma

Published on Aug 25, 2019   Modified on Aug 25, 2019

-Newsclick.in Measures announced by the finance minister are mere concessions to industry lobbies and stock market, and don’t address lack of demand. The raft of measures announced by India’s finance minister Nirmala Sitharaman for supposedly boosting a sinking economy are unlikely to rescue flagging economic growth and don’t even address the key problems of lack of purchasing power with the people and raging unemployment. It’s rearranging the furniture when the house is on fire. Sitharaman’s announcements were welcomed by everybody from prime minister Narendra Modi, and home minister Amit Shah to party leaders, ministers, chief ministers and even ex-chief ministers of the ruling Bharatiya Janata Party. They were also welcomed by some of the automobile industry tycoons and share market players. Even the US-India Business Council praised it extravagantly. The measures can be boiled down to: roll back of enhanced surcharge on foreign portfolio investors, lifting ban on government purchase of new cars, allowing BS-IV vehicles to ply till their registration time gets over, allowing an additional 15% depreciation rate for vehicles, infusing Rs.70,000 crore in banks and Rs.20,000 crore for housing finance companies through the National Housing Bank, completing all pending Goods and Services Tax refunds to MSMEs (medium, small and micro enterprises) in 30 days, removal of angel tax on start-ups, etc. “The finance minister is simply trying to talk the economy out of the ongoing slowdown. It’s not going to work,” said Surajit Mazumdar, professor of economics at Delhi’s Jawaharlal Nehru University. Please click here to read more.

Newsclick.in, 24 August, 2019, https://www.newsclick.in/Indian-Economy-Slowdown-Nirmala-Sitharaman-Modi-Government-Crisis?fbclid=IwAR0o_ctZcJ8Ca_Z5g1Rj3hZv6hj2zD4H03JsUDyXyIpGzhkt-FWsv77btpY

Tagged with: Goods and Services Tax GST Foreign Portfolio Investment Economic Reforms Economic Slowdown Economic Recession Economic Downturn msmes

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