By invoking “Act of God” Sitharaman attempts to bankrupt the states
Why Nirmala Sitharaman invoking “Act of God” clause to deny states their GST dues is actually an illegal action and attack on federalism?
GST
To safeguard the poor, India needs a progressive taxation system
Prime Minister Narendra Modi revealed a truth unintentionally for the first time during his long but well-articulated speech on how Indians fought against Coronavirus (COVID-19). He confessed that 800m Indians are suffering from poverty and they need government’s support to live. Though it has been alleged since a long time that the Modi regime didn’t … Read more
Nirmala Sitharaman’s dosage won’t cure the Indian economy’s paralysis
Last week Nirmala Sitharaman declared a host of measures in a bid to revive the distressed economy. Unfortunately, none of them has the potential to cure it.
Modi Plays Fitness Game While Fuel Prices Doing High Jump
There cannot be any comparison between a statesman and a con, or the worst, a dignified con. When the city burns, or for that matter when a hole is burned in the pocket of the common people, the modern-era Nero shouldn’t play the violin, but enter into new theatrics, which wouldn’t change the reality a … Read more
Severe Economic Crisis Gripping India Under Modi’s Misrule
After a brief lull, the Modi regime is going to face large-scale mass discontent and parliamentary opposition in the coming days as Indian GDP growth rate is going to fall to 6.5 per cent for the Financial Year (FY) 2017-18, as per the recent data released by the Ministry of Statistics and Programme Implementation. This … Read more
Modi’s Cheque ban is Another Disaster Under Construction
Demonetisation and GST roll-out hit the Indian trade and commerce, especially small and middle-scale traders, industrialists and the broad masses of workers and farmers adversely and created an economic catastrophe from which the Indian economy shows no sign of recovery even now. At a time when the economy is crisis-ridden, the workers and farmers are … Read more
Gujarat Assembly Election: Silence Reigns on the Issue of Muslims and Social Justice
The forthcoming Gujarat Assembly Election has turned on the political heat in the state and the country’s mainstream media is focusing on the battle-of-words between the incumbent BJP and the opposition Congress, which is trying hard to seize control of the state after nearly two decades of banging head against the wall. Within this cacophony, … Read more
Arun Jaitley Made ₹10 Trillion Worth Hoax Promise
Narendra Modi government announced a ₹10 trillion investment to revive the economy, out of which ₹7 trillion will be spent in building infrastructure, especially 83,677 km of roads and highways and ₹2.11 trillion to recapitalise the PSU banks. The road building will be done under a fanciful name of Bharat Mala and the PSU recapitalisation … Read more
Modinomics is the Catalyst of Economic Doom
Finally Narendra Modi accepted that the Indian economy is going through bad times during his tenure, though denying that his government is responsible for the major mismanagement of macroeconomic factors; rather as a truly devoted Sanghi prostelyser, Modi blamed the critics for being pessimists, of suffering the Shalya syndrome (a pessimist chariot driver of Mahabharata … Read more
Modinomics is the Harbinger of Total Economic Chaos
Modinomics is the new school of economics to which the Bhakts, the cheerleaders of Narendra Modi-led Hindutva fascist regime, subscribes to and they hail it as a powerful weapon to get rid of all the woes of the poor and take India to the plane of development that Modi promised during his 2014 election campaign. … Read more