-CaravanMagazine.in How political rhetoric has drowned out the economic realities of cattle-slaughter Bans In mid August, news broke that more than 200 cows had starved to death in a shelter in Chhattisgarh owned by a Bharatiya Janata Party leader named Harish Verma. After the reports appeared, Verma protested that he had not received funds that the government had promised him for the shelter. But the irony could not have been starker. The BJP...
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After Yashwant Sinha, RSS affiliate hits out at Modi govt's economic policies -Anindya Banerjee
-India Today Bhartiya Mazdoor Sangh criticised Modi government's handling of the economy and demanded stimulus package towards employment generating activities in labour intensive sectors. On a day when senior Bharatiya Janata Party (BJP) leader and former finance minister Yashwant Sinha trained his guns against the government's economic policies, a Sangh-affiliate Bhartiya Mazdoor Sangh (BMS) also hit out at the Modi government. The RSS affiliate criticised the Modi government's handling of the economy, called...
More »Small firms flounder post demonetisation, on GST: RBI study
-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....
More »Farm loan waiver: Maharashtra detects 1.5 million suspicious Bank accounts -Abhiram Ghadyalpatil
-Livemint.com According to a senior BJP minister, a preliminary probe by the Maharashtra government identified these ‘Bank accounts without a credible credit history’ Mumbai: The Maharashtra government has spotted nearly 1.5 million suspicious Bank accounts it suspects were created merely to grab the benefits of its Rs34,022 crore farm loan waiver. According to a senior Bharatiya Janata Party (BJP) minister who is also a member of the ministerial group on farm loan waiver,...
More »I need to speak up now -Yashwant Sinha
-The Indian Express The economy is on a downward spiral, is poised for a hard landing. Many in the BJP know it but do not say it out of fear I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy. I am also convinced that what I am going to say reflects the sentiments...
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