Fifth budget of Arun Jaitley as Finance Minister:
Finance Minister of India announced the budget plans, last week. Interesting point was that he could not manage to curtail fiscal deficit. Another highlight is that this budget aims at pushing rural economy and healthcare. No candy has been provided to tax paying middle class by way of reduction in income tax unlike last year when many argue that the relief was academic.
The accounting of budget 2017-18 is here. As may be seen the revenue from non corporation income tax improved by over 20% and this buoyancy has perhaps led to the Government to ignore the long standing demand to simplify the Income Tax laws.
Income Tax in India:
Democrats shut down white house by denying passage to money bill.
This is response of President Donald Trump:
A similar shut down had happened in the past. Many years ago. Who did it then? I wonder. This morning I got a mail from a friend in USA to write about it from a ‘different universe’. I think the friend meant ‘from distant perspective’ but the truth is that we are in same boat. Yes. India and USA both democracies are facing similar problems. But about that a little bit later.
In political science it is settled that Monarchy is the best kind of governance because actions are swift and therefore efficient. Constitution of USA follows monarchical pattern but to keep the monarch in check it provides for what is called doctrine of separation of power. But the bipartisan democracy makes a mockery of the doctrine. What was ment to keep exercise of power in check is used as a leverage to bargain deals. Situation could be different if there were multiple parties. That makes bargaining easier. But in absence of that it ends up in a deadlock. This is exactly what happened. But it will resolve. When bullies fight negotiation happens after first round of fight. Not before that.
As regards similar situation, in India it must be noted that the ruling BJP is in minority in upper house. The most important Land Acquisition Amendment law and the triple Talaq matters are lying pending for want of consensus. The Government is in office for four years and only after April it can see some relief with retirement of members and re-election of new members to upper house. However inspite of this problem the Government could bring in many legislation like RERA and GST is certainly an achievement of diplomacy. Something entirely lacking in Trump.
The first thought which traveled to my mind on seeing the news of lock down in USA was that perhaps the doctrine of separation of power is wrong but then the fundamental principle of democracy is to proceed with consensus of at least majority and the word majority keeps changing every moment. Any how, inhuman decisions which lack compassion have consequences and backlash. Enforcement of law without and end to achive is not humane.
A clueless spokesperson of white house Heather Nauert, either has no clue about impact of lock down or did not share it publicly. See this press briefing of 18 January 2018, two days before it actually happened:
A similar development is happening in New Delhi. A Supreme Court enabled martial law is being imposed on people but that has to be accommodated in next article.
Rule of Law is to dispense justice in court not on road:
In 1950 a suit was filed in court claiming certain right over a property. How long the courts should take to dispense Justice?
What delay should be acceptable if dispute relates to an ‘alleged‘ birthplace of Lord Ram?
Ram is to the majority of population of India what Christ is to Christians or Mohammad to Muslims. Diwali, the main Hindu Festival is celebrated to commemorate the return of Lord Ram to Ayodhya after epic battle with Ravan.
So how long it takes to decide a civil suit?
My Dushahra Greetings to all.
Vijaydashami is another name for Dushahra Festival. It means the tenth day which marked victory. It is celebration of victory of good over evil and right over wrong. It is a day when we may find the wrongs within and set them right. There are many wrongs which PM Narendra Government has to fix in coming days. With opposition busy in finding emotional issues for its vote banks, constructive issue based opposition is the casualty. In democracy, opposition is a necessity but an ignorant opposition or the one which is merely rhetorical is a dis-service. Anyhow these are some of the topics which should attract the attention of the Government may not be in same order in which these are listed below:
Every one is crying hoarse that GST has devastated but without actually putting finger on the problem. Of course it is now admitted fact that GST Network suffers from incapacity. hope it shall be rectified and bandwidth of servers shall be increased. Mr. Jaitly needs to be explained by some technical expert, that capacity of 100 thousand users per hour is actually just 10 users per second or at any given time. Therefore the technical staff need to be dealt with and bandwidth need to be increased which is poor.
However the worse problem is B2B SME traders. Small traders with a turnover of less then 20 lacs need not pay GST. In business to business transaction the buyer will prefer to buy GST paid goods so that he may get credit of GST already paid. This has suddenly made traders supplying to big businesses, redundant. Business who are paying GST want to buy only GST paid goods. This is the biggest mess. Continue reading
Is China really furious with India?
Doklam is the recent point of flared tension between India and China. According to wikipedia: “Doklam, Zhoglam, Droklam or Donglang is a narrow plateau lying in the tri-junction region of Bhutan, China and India. Doklam lies close to the modern day Yadong county of Tibetan Autonomous Region and the Ha valley of Bhutan.” Use this Google earth link to see where China wants to build road on the territories of Bhutan.
China wants to build a road very near to the most vulnerable point in North-East India. India and China do not have agreed borderline or even line of control. Both country’s army knows it and respects each other’s sovereignty. Except in 1962, there has never been any armed conflict in past 200 years of recorded history and 2000 years perceived history. Before China became communist, both countries had strong cultural ties. Hinduism’s rebel Buddha’s teachings were and are most popular in China.
Both countries had and have a family centric culture but were divided by Himalaya (Mount Everest) and linguistic mountain. Both have 1.25 billion (approx) population.
What is China?
A person is known by company it keeps.