The Budget session of the Parliament got off an electric start after Prime Minister Narendra Modi delivered a speech today.
Election season is here and so is the season to make absurd statements.
Indian Parliament meets thrice (sometimes twice) every year for the budget, monsoon and the winter session. This year’s winter session has however been extremely lacklustre.
It has been 30 days since the 5o0 and 1000 rupee notes were demonetised and the opposition used it as an opportunity to observe Black Day at the parliament.while 200 MPs protested it was Rahul Gandhi who spearhead the scathing attack.
‘THIS A FOOLISH DECISION’
This is not a bold decision, it is a foolish decision which has been taken without any due consideration. It has devastated the poor, the farmers, the daily wage workers. We want to have a discussion. We want a vote, the government doesn’t.
‘HIS NARRATIVE IS INCONSISTENT’
The Prime Minister’s narrative has changed. It started by saying it’s against black money, then terrorism, then counterfeit currency and now cashless economy.
PAYTM MEANS ‘PAY TO MODI’
If I am allowed to speak in Lok Sabha, I will show to all how Paytm means ‘Pay to Modi’. The idea behind cashless economy is that a few people must get maximum benefits from these transactions. This has damaged the nation. If he comes to the House for debate, we won’t let him run.
After demonetizing 500 and 1000 rupee notes,the centre has decided to implement another idea.
- Now married women can possess 500 grams of Gold, 250gm per unmarried women as also 100gm per male member of the family.
- Section 115BBE of the Income Tax Act provides for a steep 60 per cent tax and a 25 per cent surcharge on gold holders.
- Additional 10 per cent penalty on being established that the wealth is unaccounted or black money.
- Not applicable on ancestral jewels
In a massive show of strength, chief ministers of Delhi and West Bengal took on prime minister Narendra Modi over his move to demonetise 500 and 1000 rupees. Here is an excerpt of their speech.
Aage toh chhodo, desh ko peecha kar diya. Earlier it was Rs 4500, now they have reduce the withdrawal limit to Rs 2000.They want to sell this country.They are trying to break the constitution. We cannot allow that. If you have courage, send us to jail or shoot us. But we will continue fighting. We will not allow the poor to go hungry. We will continue to fight for this country.
I had raised the name of Robert Vadra at a time when people were scared to take his name.I will be at the forefront of every fight against black money. By withdrawing Rs 500 and Rs 1000 notes and introducing higher Rs 2000 notes, how are you removing black money.PM Modi helped Vijay Mallya escape the country. Mallya is now sitting and enjoying in London. Common people are standing in queues. People’s marriages are being broken and there are others killing themselves. Who is responsible for their deaths
Even as the crowds at ATMs and banks grew longer, the government has come up with a unique solution to combat the cash crunch that has severely affected the country. Speaking at a press conference Economic Affairs Secretary Shaktikanta Das announced that indelible ink would be used at banks to stop multiple withdrawals. He also announced the creation of a Special Task Force to monitor fake currency that was being circulated in the market.
‘To solve this problem we have decided to use indelible ink marks,similar to elections,on cash counters.’
SHAKTIKANTA DAS, SECRETARY, ECONOMIC AFFAIRS
Places of worship, who receive smaller denomination notes, have been requested to deposit money in banks so that supply of these notes increased.
The political war of words over the issue of demonetisation hit the crescendo after opposition put on a united front against the ruling NDA.
BSP, Congress and the AAP held three separate press conferences and this is what they had to say.
“After demonetisation, the poor are enjoying a sound sleep while rich are running from pillar to post to buy sleeping pills” -Arvind Kejriwal, AAP
“Whatever may be the differences, political parties should not shy away from voicing the concern of the people so as to address the grievances” – Randeep Singh Surjewala, Congress
“In order to divert people’s attention from his failures, Modi levels baseless allegations against his poltical opponents which is condemnable…allegations on policy matters are different but personal ones should not be made…he cannot tolerate that a dalit ki beti is presented garland of notes” -Mayawati,BSP
India today remembered it’s first Prime Minister Jawaharlal Nehru on his 127th birth anniversary.
Pandit Nehru was a lawyer and actively took part in the Indian freedom movement. He is credited to have shaped Indian economy and Foreign policy. His daughter Indira Gandhi is India’s first and only female Prime Minister.
Here is how Indian twitterati paid tributes to Nehru.
Tweet by @NarendraModi
Tributes to Pandit Jawaharlal Nehru on his birth anniversary.
Tweet by @OfficeofRG
Paying tribute to Pt Nehru. Today more than ever we remember those who truly gave their lives to this nation and its citizens
Indian Finance Ministry has increased the cash withdrawal limit from INR 2000 to INR 2500.
Daily exchange limits have been increased to INR 4,500 from the previous limit of INR 4,000.