Note ban ethical, moral decision: Arun Jaitley

Rising unemployment in India is 'Modi Made Disaster': Rahul Gandhi

Rising unemployment in India is 'Modi Made Disaster': Rahul Gandhi

He said the natural effect of excess cash in the system was tax evasion because of which a tax payer had not only to pay his own tax but also for the evader.

None its objectives were achieved, Singh said during an interactive session on the current state of the economy with businesspersons and traders in Ahmedabad. "This twin blow (GST and note ban) is a complete disaster for our economy, it has broken the back of our small businesses and traders". Modi must accept his mistake and work towards rebuilding the economy, Dr Singh further said. "To promote less cash economy coercive steps like Demonetisation are ineffective", he said.

PM Modi said in poll-bound Himachal Pradesh on Sunday that Congress was "angry" with demonetization because the decision has disturbed the party's sleep and it is slipping into "mourning" by giving a public protest call.

On the eve of the first anniversary of the note ban move, Singh launched a fresh bout of criticism against Modi government to discontinue currency notes of Rs 500 and Rs 1000. A booklet prepared by the Congress lists PM Modi's speeches since November 2016, showing "fluctuating" narratives. Needless confusion has been caused by GST which has sowed deep-rooted fear of tax terrorism. The growth in private investment is at a 25 year low. "Good governance involves both the head and the heart and it pains me to say that the Union government has completely failed to do its duty on both fronts", Singh told the audience in Ahmedabad.

Two Children Critically Injured After Car Drives Into Classroom In Sydney
Police said the auto left the road and crashed into the classroom where a lesson was taking place. "He was saying "I want my mum". It is not yet been established whether or not she had any connection to the school. "It is an active crash investigation".

Stating that demonetisation had claimed at least 100 lives, Dr. Singh said November 8 this year would be observed as black day for our economy and democracy.

According to Singh, demonetisation is a creeping culture of erosion of institutions in other spheres and has hit the very existence of few recognized institutions in India.

"In Surat alone, 60000 looms have been discarded since July". In the rest of the country, it is equally bad if not worse.

He further cited examples of ceramic sector and industry sectors in various parts of Gujarat and how the domestic sector's inability to meet with demand has led to increasing import from China.

Patton Oswalt Marries Meredith Salenger
Oswalt and Salenger then went public with their romance at the Los Angeles premiere of the movie "Baby Driver" in June. Oswalt looked dapper in his gray suit, while Salenger, stunned in her off-the-shoulder bridal gown.

Singh said India's imports from China in the first half of the fiscal rose 23 per cent to ₹2.41 lakh crore, largely due to demonetisation and GST. Undisclosed income admitted and detected, taken together, amount to Rs 29,213 crores, close to 18 per cent of the amount involved in suspicious transactions, he said. Singh also said that in 10 years of UPA-1and UPA-2, they produced 7.8 per cent GDP growth on average. We had to run for Chinese imports at the cost of Indian jobs.

The former prime minister also criticised the Centre's ambitious Ahmedabad- Mumbai bullet train project and dubbed it an exercise in vanity. He asked if the Prime Minister considered an alternative of the high speed train by upgrading broad gauge railway.

"Is everyone who questions the outcome of demonetisation and GST a tax evader?" He was recently quoted saying India will become a developed country by 2022.

A year into demonetisation, the opposition and the government on Tuesday exchanged verbal blows over the action with former Prime Minister Manmohan Singh calling it disastrous while Finance Minister Arun Jaitley rejected the charge saying there was an ethical and moral rationale behind the decision which had given a "new direction" to the economy.

Chris Harris Says Eagles Run A College Offense
That's good enough for a comfortable lead in the NFC East over Dallas (5-3) and Washington (4-4) and the one-win New York Giants . Facing off against one of their most challenging opponents yet, the Philadelphia Eagles put a beating on the Denver Broncos .

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.