Skip to main content

PM Modi indicates Budget 2018 may not be populist, open to more changes in GST

The PM also rejected criticism of providing jobless growth, saying "lies" were being spread about employment generation


1516012646-2511.jpg

Union budget 2018 :: With barely 10 days for the presentation of the fifth and final Budget of the current term of his government, Prime Minister Narendra Modi has indicated it might not be populist.
In an interview to the Times Now television channel, telecast on Sunday evening, the PM said he was open to more changes in the goods and services tax (GST). Its implementation was a collective exercise involving ruling and opposition parties; he accused those having termed it a ‘Gabbar Singh Tax’ of “insulting" Parliament.

The PM also rejected criticism of providing jobless growth, saying "lies" were being spread about employment generation and furnished data from a recent study to say seven million jobs have been created. However, he acknowledged farm distress. He said it was the responsibility of central and state governments to identify and address farmer issues.

Modi also pledged his government would stay the course on reforms that had pulled out India from being among the 'fragile five' economies of the world to being a 'bright spot'.

In the interview, telecast on the eve of his leaving for Davos to attend the World Economic Forum meet, the PM said it was a myth that common people expected “freebies and sops” from a government. He was asked if the final full Budget of his government would be a populist one, given that the Lok Sabha election was nearing. “Those who have seen me as the chief minister (of Gujarat) and also as the prime minister (would know) the common man does not want all these things. It is a myth," he said.

The common man, said Modi, expected honest governance, and his government was taking decisions to fulfil these needs and aspirations. Asked specifically if he’d resist populism in the Budget to be presented on February 1, he said it needed to be decided if the country needed to grow and become strong.

Click here  : Budget 2018

Labels:

Comments

Post a Comment

Popular posts from this blog

Best Unconventional Workout and Sporting Activities for Summer

In summers, depending upon conditions and circumstances one can incorporate both outdoor  and indoor activities in their training schedule.   Summer is the season of holidays, picnics, outings and beaches. With travel and binge eating proper workout becomes that much more essential in summers. But with heat and the sun outdoors, an individual has to balance his indoor and outdoor activities to get a fulfilling workout. In summers, depending upon conditions and circumstances one can incorporate both outdoor and indoor activities in their training schedule. Mentioned below are some of the best physical and sporting activities that one can use as a workout to stay fit in the summer season. Beach Sports - If in summers one is going to spend much time on beaches or at a beach destination then one may use beach sporting activities such as beach rugby, beach soccer, beach tennis and beach volleyball to stay fit. All of these sporting activities on sand provide a ...
Post a Comment
Read more

PSU bank employees go on two-day strike; services hit at many places

  Employees of public sector banks went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country Employees of  public sector banks  (PSBs) on Thursday went on two-day strike against the move to privatise public sector banks impacting normal banking operation across the country. Many branches across different parts of the country were shut as the United Forum of Bank Union (UFBU), an umbrella body of nine bank unions including All India Bank Officers’ Confederation (AIBOC), All India Bank Employees Association (AIBEA) and National Organisation of Bank Workers (NOBW) had given two day strike call. As a result, services such as deposits and withdrawal at branches, cheque clearance and loan approvals might be affected due to the strike. But ATMs are expected to function as usual. Public sector lenders, including State Bank of India, had informed customers that services in their branches might be affected due to ...
Post a Comment
Read more

'When rape is inevitable, enjoy it...': Congress MLA in Karnataka Assembly

  Senior Karnataka Congress leader KR Ramesh Kumar made a sexist and unsavoury comment on rape in the state Assembly Senior  Karnataka Congress leader  and former Karnataka Assembly Speaker KR Ramesh Kumar on Thursday made a sexist and unsavoury comment on rape in the state Assembly. Speaking in the Assembly, Kumar said, “There is a saying that when rape is inevitable, lie down and enjoy it. That is exactly the position in which you are.” The senior Congress MLA’s remark was made when MLAs began to demand time from Speaker Vishweshwara Hegde Kageri to discuss farmers’ issues in the Assembly. When the Speaker asked how the Session would be conducted if the time was allotted to everyone. “Whatever you decide I will say yes. What I am thinking is that let us enjoy the situation. I can’t control or regulate the system, my concern is about the business of the house, it has also to be covered,” the Speaker told the members. To this, the  Congress MLA  Ramesh Kumar mad...
Post a Comment
Read more