President lauds govt’s efforts to build ‘New India’

President Ram Nath Kovind lauds govt’s efforts to build ‘New India’

President Ramnath Kovind on Thursday described the current government as one that had worked to build a “New India” after assuming power in 2014 when, he said, the country was passing through “uncertain times.” The President was addressing a joint sitting of Parliament before the last budget session of the government.

The address also gave a thumbs-up to contentious decisions of the government including demonetisation and the Rafale deal, which Mr. Kovind described as a move that would strengthen the strike capability of the Indian Air Force after a gap of many decades. The government believes that neglecting the country’s defence needs even for a moment is detrimental to the present as well as future of the country, he said.

President Ram Nath Kovind addresses the parliamentarians at the Central Hall of Parliament, in New Delhi, on Thursday.

In his address to the joint session of Parliament, President Ram Nath Kovind highlights various development works of the NDA government

“Prior to the 2014 general election, the country was passing through a phase of uncertainty. After the elections, my government assumed charge and vowed to build a New India. A New India with no place for imperfect, corrupt and inertia-ridden systems,” President Kovind said.

He added that “demonetisation was a defining moment in the government’s war on corruption and black money. This decision struck at the very root of the parallel economy thriving on black money, and the money outside the formal system was brought within the ambit of the nation’s economy.”

The President also referred to the Constitutional Amendment recently passed by Parliament enabling 10% reservation in jobs for the economically weaker sections in the general category, the triple talaq legislation and the controversial Citizenship Amendment Bill in the speech that lasted over an hour.

Touching on the triple talaq Bill, which has been stuck in Rajya Sabha after being passed in Lok Sabha, Mr Kovind said the BJP-led NDA government was striving hard to get it passed by Parliament to “liberate Muslim daughters” from a life of fear and anxiety, and to provide them with equal rights.

Highlighting the government’s achievements and various welfare schemes, President Kovind said 21 crore poor people were covered under the PM’s life insurance scheme, while over two crore households had got power connections as part of the Saubhagya scheme. “Under the Swachh Bharat initiative, the government has built nine crore toilets,” he said. He also described 2019 as a significant year for democracy as the country is observing the 150th birth anniversary of Mahatma Gandhi.

“Be it cities or villages, the government has worked towards strengthening the health care infrastructure by building new AIIMS and wellness centres across the country,” the President said.

Citing other achievements of the government, President Kovind said the number of people filing income tax returns had doubled from 3.8 crore to 6.8 crore under its tenure and added that over 73% of around 15 crore Mudra loan beneficiaries were women.

Approvals for works costing over ₹66,000 crore out of the ₹80,000 crore package had been given by the government for development in Jammu and Kashmir, he said, asserting that the government was committed to the border State’s growth.

NEW DELHI, JANUARY 31, 2019

CAG refuses to share ‘in progress’ Rafale audit

CAG refuses to share ‘in progress’ Rafale audit

The Comptroller and Auditor General (CAG) has refused to disclose details about its audit in the controversial Rafale aircraft deal, saying the process is not yet complete and any disclosure at this stage will amount to breach of the Parliament’s privilege, an RTI reply said.

In its response to Pune-based activist Vihar Durve who had sought the report from CAG, the country’s auditor said, “The audit is under progress and the report is yet to be finalised. The information cannot be given under Section 8(1)(C) of the RTI Act as the disclosure would cause breach of Parliament”.

Photo: cag.gov.in

Section 8(1)(C) of the Right To Information (RTI) Act exempts information the disclosure of which would cause a breach of privilege of Parliament or the State Legislature.

In December 2018, the Supreme Court had dismissed pleas challenging the deal between India and France for procurement of 36 Rafale jets, saying there was no occasion to “really doubt the decision making process” warranting setting aside of the contract.

It rejected the pleas seeking lodging of an FIR and a court-monitored probe alleging irregularities in the ₹58,000 crore deal, in which both the countries have entered into an inter-governmental agreement (IGA).

“The pricing details have, however, been shared with the Comptroller and Auditor General (CAG), and the report of the CAG has been examined by the Public Accounts Committee (PAC). Only a redacted portion of the report was placed before the Parliament and is in public domain,” the bench led by Chief Justice of India Ranjan Gogoi had said, relying on the sealed note submitted by the government.

After the Congress raised the issue that no such CAG report had been placed before the PAC, the government approached the court seeking changes in the judgement.

In the application, the Centre said the two sentences in paragraph 25 of the judgement appeared to have been based on the note submitted by it along with the pricing details in a sealed cover, but indicated the words used by the court lent a different meaning.

The Centre made it clear that it did not say that the CAG report was examined by PAC or a redacted portion was placed before Parliament. It clarified that the note had said the government “has already shared” the price details with the CAG, which was written in past tense and “is factually correct”.

However, where it was stated by the Centre in the note that the report of the CAG “is” examined by the PAC, was a description of the procedure which is followed in the normal course, but in the judgement, ‘is’ was replaced with the words ‘has been’, according to the application.

In its response to the RTI application filed by Mr. Durve, the CAG also refused to share its correspondence related to the audit of Rafale deal with any government department or political party, claiming that such records were “confidential and held in fiduciary capacity” hence, exempted from disclosure under the RTI Act.

The CAG added that audit in the Indian Air Force is done by designated principal audit officer of the force and the reports are submitted to the national auditor for approval.

-PTI, NEW DELHI, JANUARY 15, 2019 

Parliament passes Bill to provide 10% quota for poor

Parliament passes Bill to provide 10% quota for poor in the General Category

Parliament on January 09, 2019 cleared the Constitutional Amendment Bill guaranteeing 10% quota in education and employment to economically weaker sections in the general category, following an approval by the Rajya Sabha. The Upper House nod came following an over nine-hour-long heated debate, during which the Opposition accused the government of bringing the Bill in haste with an eye on the coming Lok Sabha election.

Walkout by AIADMK

The AIADMK staged a walkout vehemently opposing the move, while some other political parties, including the DMK, the Left and the AAP demanded that the Bill be sent to a Select Committee.

DMK’s Kanimozhi, supported by several members, sought a division of vote on her motion for referring the Bill to a Select Committee. However, it was defeated with just 18 votes in favour. Then the CPI and the AAP members walked out in protest. The Bill was passed with a majority of 165 against seven votes. It will be now sent for Presidential assent.

The Constitution (124th Amendment) Bill was introduced by Minister of Social Justice and Empowerment Thawar Chand Gehlot, who later in his reply said that the existing reservation to the SCs, STs and OBCs would not be touched by the amendment.

Image result for Parliament passes Bill to provide 10% quota for poorClarifying the Bill’s provisions, Law Minister Ravi Shankar Prasad said the reservation would be applicable to jobs in both Central and State governments, adding that the legislation gave powers to States to determine the economic criteria for identification of beneficiaries. He responded to the Opposition’s charge of political intent by terming the government move a “slog-over six”, with many more to come.

Earlier, during the debate, Congress leader Anand Sharma said provisions under Articles 15 and 16 of the Constitution were for the backward and weaker communities. In the past, attempts were made twice to extend reservation beyond their scope, but the Supreme Court struck them down. The same happened in several States.

Stating that it took the BJP-led government over four years to bring the Bill in the last session, Mr. Sharma questioned the circumstances and the manner in which it was taken up — pointing out that the party had lost recent Assembly polls in five States. Also questioning the economic criteria set for extending the quota, he said not many people would benefit from it especially when the government had failed to create enough jobs.

Mr. Sharma also asked the government to extend parliamentary session further to bring in the Women’s Reservation Bill for passage.

Member Kapil Sibbal listed three hurdles that the law would have to surpass. There was complete non-applicability of mind on the government’s part, its constitutionality could come under judicial scrutiny and that the implementation part was not clear, he said.

Samajwadi Party’s Ram Gopal Yadav demanded 54% quota for OBCs, as the government had now opened up the doors by breaching the 50% cap fixed by the Supreme Court. Although he supported the Bill, he said the Centre had failed to even provide proper reservation to the SC, ST and OBCs. “When there are no jobs, what is the meaning of reservation?,” he said.

Derek O’Brien of the TMC accused the government of cheating the poor and the youth. “The Trinamool Congress is disgusted. We are angry that Parliament has been disrespected, completely disrespected and this is the wrong method which has been used here,” he said, stating that it was a political move by the government in the face of a projected poor performance in the coming Lok Sabha elections.

Referring to various government schemes, the TMC leader said they were all “Cheat India” and the proposed law was yet another attempt to mislead people.

Stating that the Bill had been brought without any empirical basis, AIADMK’s Navaneethakrishnan quoted a Supreme Court order, stating: “A Backward Class cannot be determined only and exclusively with reference to economic criterion. It may be a consideration or basis along with and in addition to social backwardness but it can never be the sole criterion”. He said the Bill trampled upon the rights of people in Tamil Nadu, which already had 69% reservation.

Mr. D. Raja also questioned the haste with which the Bill was brought in. He said it was signed on January 7, introduced and passed by Lok Sabha on January 8 and then taken up in Rajya Sabha. He dared the government to bring reservation in the private sector. BSP’s Satish Chandra Misra said the Bill came after the meeting of his party supremo and Samajwadi Party chief for a possible pre-poll alliance in Uttar Pradesh.

About 40 members of various parties participated in the debate, which culminated in the Bill being passed within 48 hours of being introduced in the Lok Sabha.

PM Narendra Modi lauds the passage of 124 Constitution Amendment Bill, 2019 in the Lok Sabha 

The Prime Minister Shri Narendra Modi has lauded the passage of the Constitution (One Hundred and Twenty-Fourth Amendment) Bill, 2019 in the Lok Sabha on 08 January, 2019.“The passage of The Constitution (One Hundred And Twenty-Fourth Amendment) Bill, 2019 in the Lok Sabha is a landmark moment in our nation’s history. It sets into motion the process to achieve an effective measure that ensures justice for all sections of society”, the Prime Minister said.

PM Narendra Modi lauds the passage of 124 Constitution Amendment Bill, 2019 in the Rajya Sabha

The Prime Minister Shri Narendra Modi has lauded the passage of the Constitution (One Hundred and Twenty-Fourth Amendment) Bill, 2019 in the Rajya Sabha on 09 January, 2019. “Delighted the Rajya Sabha has passed the Constitution (One Hundred And Twenty-Fourth Amendment) Bill, 2019. Glad to see such widespread support for the Bill. The House also witnessed a vibrant debate, where several members expressed their insightful opinions.

Passage of The Constitution (One Hundred And Twenty-Fourth Amendment) Bill, 2019 in both Houses of Parliament is a victory for social justice.It ensures a wider canvas for our Yuva Shakti to showcase their prowess and contribute towards India’s transformation.

By passing The Constitution (One Hundred And Twenty-Fourth Amendment) Bill, 2019, we pay tributes to the makers of our Constitution and the great freedom fighters, who envisioned an India that is strong and inclusive”, the Prime Minister said.

-PIB, New Delhi

Economic Survey Draws Attention to 10 New Economic Facts

Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy 

The Economic Survey presented by the Union Finance Minister Shri Arun Jaitley in Parliament today has relied upon analysis of the new data to highlight ten new economic facts:

 

1.      Goods and Services Tax (GST) has given a new perceptive of the Indian economy and new data has emerged.  There has been a fifty percent increase in the number of indirect taxpayers. There has also been a large increase in voluntary registrations, especially by small enterprises that buy from large enterprises wanting to avail themselves of input tax credits.

 The Survey also stated that fears of major producing states that the shift to the new system would undermine their tax collections have been allayed as the distribution of the GST base among the states got closely linked to the size of their economies.

Similarly, there has been an addition of about 18 lakh in individual income tax filers since November 2016.

2.      India’s formal sector, especially formal non-farm payroll, is substantially greater than what it currently is believed to be. It became evident that when “formality” was defined in terms of social security provisions like EPFO/ESIC the formal sector payroll was found to be about 31 percent of the non-agricultural work force. When “formality” was defined in terms of being part of the GST net, such formal sector payroll share was found to be 53 percent.

3.      For the first time in India’s history, data on the international exports of states has been  dwelt in the Economic Survey.  Such data indicates a strong correlation between export performance and states’ standard of living.  States that export internationally and trade with other states were found to be richer.  Such correlation is stronger between prosperity and international trade.

4.      India’s exports are unusual in that the largest firms account for a much smaller share of exports than in other comparable countries. Top one percent of Indian firms account only for 38% of exports unlike in other countries where they account for substantially greater share – (72, 68, 67 and 55 percent in Brazil, Germany, Mexico and USA respectively).  Such tendencies were also found to be true for the top five or ten per cent of the Indian companies.

5.      It was pointed out that the Rebate of State Levies (ROSL) has increased exports of ready-made garments (man-made fibers) by about 16 per cent but not of others.

6.      The data highlighted another seemingly known fact that Indian society exhibits a strong desire for a male child.  It pointed out that most parents continued to have children until they get number of sons.  The survey gave details of various scenarios leading to skewed sex ratios and also gave a comparison on sex ratio by birth between India and Indonesia.

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7.      The survey pointed out that tax departments in India have gone in for contesting against in several tax disputes but also with a low success rate which is below 30 per cent. About 66 per cent of pending cases accounted for only 1.8 per cent of value at stake.   It further stated that 0.2 per cent of cases accounted for 56 per cent of the value at stake.

8.       Extrapolating the data the survey indicated that growth in savings did not bring economic growth but the growth in investment did.

9.      The survey mentions that collections of direct taxes by Indian states and other local governments, where they have powers to collect them is significantly lower than their counterparts in other federal countries. A comparison has been given between ratios of direct tax to total revenues of local governments in India, Brazil and Germany.

10.  The survey captures the footprints of climate change on the Indian territory and consequent adverse impact on agricultural yields.  Extreme temperature increases and deficiency in rainfall have been captured on the Indian map and the graphical changes in agricultural yields are brought out from such data.  The impact was found to be twice as large in un-irrigated areas as in irrigated ones.

– PIB Delhi, 29 JAN 2018

Economic Survey 2017-18 Presented by Finance Minister

Finance Minister Present Economic Survey 2017-18 in Parliament

Real GDP Growth to Clock 6.75 Percent this Fiscal
Economic Survey Predicts 7-7.5 Percent Growth in 2018-19
Employment, Education & Agriculture To Be The Focus Areas In Medium Term, Says Survey

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, thereby re-instating India as the world’s fastest growing major economy. This was stated in the Economic Survey 2017-18 tabled in Parliament today by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley.

Economic SurveyIt said that the reform measures undertaken in 2017-18 can be strengthened further in 2018-19.

The survey underlines that due to the launch of transformational Goods and Services Tax (GST) reform on July 1, 2017, resolution of the long-festering Twin Balance Sheet (TBS) problem by sending the major stressed companies for resolution under the new Indian Bankruptcy Code, implementing a major recapitalization package to strengthen the public sector banks, further liberalization of FDI and the export uplift from the global recovery, the economy began to accelerate in the second half of the year and can clock 6.75 percent growth this year. The survey points out that as per the quarterly estimates; there was a reversal of the declining trend of GDP growth in the second quarter of 2017-18, led by the industry sector. The Gross Value Added (GVA) at constant basic prices is expected to grow at the rate of 6.1 per cent in 2017-18 as compared to 6.6 per cent in 2016-17. Similarly, Agriculture, industry and services sectors are expected to grow at the rate of 2.1 per cent, 4.4 per cent, and 8.3 per cent respectively in 2017-18. The survey adds that after remaining in negative territory for a couple of years, growth of exports rebounded into positive one during 2016-17 and expected to grow faster in 2017-18. However, due to higher expected increase in imports, net exports of goods and services are slated to decline in 2017-18. Similarly, despite the robust economic growth, the savings and investment as a ratio of GDP generally declined. The major reduction in investment rate occurred in 2013-14, although it declined in 2015-16 too. Within this the share of household sector declined, while that of private corporate sector increased.

  

  

The survey points out that India can be rated as among the best performing economies in the world as the average growth during last three years is around 4 percentage points higher than global growth and nearly 3 percentage points higher than that of Emerging Market and Developing Economies. It points out that the GDP growth has averaged 7.3 per cent for the period from 2014-15 to 2017-18, which is the highest among the major economies of the world. That this growth has been achieved in a milieu of lower inflation, improved current account balance and notable reduction in the fiscal deficit to GDP ratio makes it all the more creditable.

Though concerns have been expressed about growing protectionist tendencies in some countries but it remains to be seen as to how the situation unfolds. Some of the factors could have dampening effect on GDP growth in the coming year viz. the possibility of an increase in crude oil prices in the international market. However, with world growth likely to witness moderate improvement in 2018, expectation of greater stability in GST, likely recovery in investment levels, and ongoing structural reforms, among others, should be supporting higher growth. On balance, country’s economic performance should witness an improvement in 2018-19.

   

The survey highlights that against the emerging macroeconomic concerns, policy vigilance will be necessary in the coming year, especially if high international oil prices persist or elevated stock prices correct sharply, provoking a “sudden stall” in capital flows. The agenda for the next year consequently remains full: stabilizing the GST, completing the TBS actions, privatizing Air India, and staving off threats to macro-economic stability. The TBS actions, noteworthy for cracking the long-standing “exit” problem, need complementary reforms to shrink unviable banks and allow greater private sector participation. The GST Council offers a model “technology” of cooperative federalism to apply to many other policy reforms. Over the medium term, three areas of policy focus stand out: Employment: finding good jobs for the young and burgeoning workforce, especially for women. Education: creating an educated and healthy labor force. Agriculture: raising farm productivity while strengthening agricultural resilience. Above all, India must continue improving the climate for rapid economic growth on the strength of the only two truly sustainable engines—private investment and exports.

  -PIB Delhi, 29 JAN 2018

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Insolvency and Bankruptcy Code Amendment Bill passed

Amendments to (i) the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, and (ii) the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017

The Insolvency and Bankruptcy Board of India (IBBI) has amended (i) the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, and (ii) the Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 on 31stDecember, 2017.

According to the Regulations, a Resolution Plan needs to identify specific sources of funds to be used for paying the liquidation value due to dissenting creditors. For this purpose, the ‘Dissenting Financial Creditor’, according to amended Regulations, means a financial creditor who voted against the Resolution Plan or abstained from voting for the Resolution Plan, approved by the Committee of Creditors.

As per the Amendments, it is not necessary to disclose ‘liquidation value’ in the Information Memorandum. After the receipt of Resolution Plan(s) in accordance with the Insolvency and Bankruptcy Code, 2016 (Code) and the Regulations, the Resolution Professional shall provide the liquidation value to every member of the Committee of Creditors after obtaining an undertaking from the member to the effect that such member shall maintain confidentiality of the liquidation value and shall not use such value to cause an undue gain or undue loss to itself or any other person. Also, the Interim Resolution Professional or the Resolution Professional, as the case may be, shall maintain confidentiality of the liquidation value.

According to the Amendments, a Resolution Applicant shall submit the resolution plan(s) to the resolution professional within the time given in the invitation for the Resolution Plans in accordance with the provisions of the Code. This will enable the Committee of Creditors to close a resolution process as early as possible subject to provisions in the Code and the Regulations.

The Amendments have come into force from today on their publication in the Gazette of India. The Amendments are available at www.mca.gov.in and www.ibbi.gov.in.

-02 JANUARY, 2018

Insolvency and Bankruptcy Code Amendment Bill passed

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AIADMK likely to join Modi-led NDA government

AIADMK likely to join Modi-led NDA government, major announcement soon

AIADMK, which was part of NDA during 1998-99 and 2004-06 is the third largest party in Lok Sabha after BJP and Congress. It has 50 members in both Houses of Parliament. 

 AIADMK likely to join Modi-led NDA government, major announcement soon

AIADMK, which was part of NDA during 1998-99 and 2004-06 is the third largest party in Lok Sabha after BJP and Congress. It has 50 members in both Houses of Parliament.

Days after Nitish Kumar realigned with National Democratic Alliance, it has been reported that the AIADMK might become part of Modi-led NDA government soon.

As per the media reports, senior party leaders of AIADMK would hold a meeting on August 04 to make a final decision and the major announcement is also expected in the first of this month.

While talking to a leading portal, a senior Minister of the EPS government said, “Nothing is as such confirmed. We will discuss on Friday and decide. The proposal has been made (to us) but finally, it is the party’s call.” However, with this coalition, the ruling BJP is reportedly trying to increase its foothold in the Tamil Nadu, as it has only 2.5 per cent vote share in the state.

Meanwhile, it has also been reported that BJP wants to rope in AIADMK to make NDA stronger ahead of 2019 general elections, which will be a great step towards victory.

AIADMK, which was part of NDA during 1998-99 and 2004-06 is the third largest party in Lok Sabha after BJP and Congress. It has 50 members in both Houses of Parliament.

According to the reports, Prime Minister Narendra Modi and BJP chief Amit Shah have reportedly assigned the job of wooing AIADMK to a senior BJP functionary who holds a constitutional post.

-August 1, 2017, New Delhi

Union Cabinet approves draft GST Bills

Union Cabinet approves draft GST Bills

The Union Cabinet on Monday cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today. The four supporting legislations — the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and Union Territory-GST (UT-GST) — would be introduced as Money Bill, sources said.

“The GST legislations have been cleared by the Cabinet. These would be introduced in Parliament this week, could be even today,” a source said.

The GST legislations were the only agenda in today’s meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi.

Sources said the four legislations would be taken up for discussion together in Parliament. Once approved by Parliament, the states would start taking their SGST bill for discussion and passage in the respective state assemblies.

The GST Council, in its previous two meetings, had given approval to the four legislations as also the State-GST (S-GST) bill. While the S-GST has to be passed by each of the state legislative assemblies, the four other laws have to be approved by Parliament.

Passage of all the legislations would pave the way for introduction of Goods and Services Tax (GST) from July 1.

The government is hoping the C-GST, I-GST, UT-GST and the GST Compensation laws will be approved in the current session of Parliament and the S-GST by each of the state legislatures soon.

While a composite GST will be levied on sale of goods or rendering of services after the new indirect tax regime is rolled out, the revenue would be split between the Centre and the states in almost equal proportion.

This is because central taxes like excise and service tax and state levies like VAT will be subsumed in the GST.

While the C-GST will give powers to the Centre to levy GST on goods and services after Union levies like excise and service tax are subsumed, the I—GST is to be levied on inter-state supplies.

The S-GST will allow states to levy the tax after VAT and other state levies are subsumed in the GST. The UT-GST will also go to Parliament for approval.

The Council has already finalised a four-tier tax structure of 5, 12, 18 and 28 per cent, but the model GST law has kept the peak rate at 40 per cent (20 per cent to be levied by the Centre and an equal amount by the states) to obviate the need for approaching Parliament for any change in rates in future.

Similarly, the cess to be levied on top of peak rate on selected demerit goods like luxury cars for creation of a corpus that will be used for compensating states for any loss of revenue from GST implementation in the first five years, has been capped at 15 per cent.

NEW DELHI, MARCH 20, 2017

PM Narendra Modi tears into Congress over ‘SCAM’ jibe, hails demonetisation, surgical strikes

PM Narendra Modi tears into Congress over ‘SCAM’ jibe, hails demonetisation, surgical strikes

PM Narendra Modi tears into Congress over 'SCAM' jibe, hails demonetisation, surgical strikes

Prime Minister Narendra Modi on Tuesday addressed the Lok Sabha and participated in the discussion on the Motion of Thanks on the President’s joint address toParliament during the Budget session.

During the speech, PM Modi did not hesitate in launching a scathing attack on opposition leaders in the parliament and reiterated his stance on where the Centre stood in the matters of economy

Modi also took a dig at Rahul Gandhi’s infamous ‘earthquake’ remark while taking a sly swipe at Gandhi’s retort on his SCAM barb. He defended his government’s decision to ban high-value currency notes, saying it was the right step taken at the right time to rid the Indian economy of tax evasion and black money.

He also condoled the death of Subhas Chandra Bose’s close associate and INA veteran Colonel Nizamuddin, who died at the age of 116 on Monday.

Here are the key highlights of Prime Minister’s speech in Lok Sabha:

– PM Modi concludes his speech in Lok Sabha

– Budget 2017 is benefiting 96% of the population: PM Modi in LS

– I am amazed that our Opposition had problems on addressal of poor, Dalit people in President’s speech: PM Modi

– Surgical strike was a big decision but none is questioning about it like they do about demonetisation: PM Modi in Lok Sabha

– PM Modi speaks on surgical strikes in Lok Sabha, lauds Indian Army.

– Crop insurance was in existence earlier also, but farmers didn’t want to avail it; It didn’t secure the rights of farmers: PM Modi.

– Why was it that there were crop insurance schemes earlier but farmers were not keen to avail of the benefits: PM .

– I’m taking such decisions which are hurting big people and because of that I am going to face problems. I am ready for that: PM in Lok Sabha

– All the elections will be held together: PM Modi

– Small entrepreneurs should come forward and take steps for development: PM

– Now, middlemen no longer enjoy the benefits they did. We have stopped the corruption and loot: PM

– We do not say we brought about LED bulbs. But in such a short time, we were able to install 21 crore LED bulbs. And because of that, families saved Rs 11,000 crore because of a reduced power bill: PM

– In just one year, we have made the construction of 22,27,000 houses: PM Narendra Modi in Lok Sabha

– Since the day we began the use of technology, close to 4 crore fake ration cards have been recovered: PM Modi

– We have successfully provided LPG connections to 1.5 crore families in last two-and-a-half years: PM

– In last two years, the production of electricity has increased. We introduced solar energy, says PM Modi

– We have used special technology in laying roads across the country, says PM Modi

– PM Modi lauds BHIM app, says it is the poor who have been benefited from it the most

– PM Modi quotes Kaka Hathrasi’s poem in Lok Sabha, says “Antar pat me khojiye, chhipa hua hai khot, mill jayegi aapko bilkul satya report”

– Optical fibre network should be made available at schools and other places of work: PM Modi in Lok Sabha

– Work for I-T department has been made easy by us. We are keeping a strong vigil on hoarding activities too: PM Narendra Modi

– At least 75,000 villages connected to internet under the digital India program: PM

– Leader of Opposition Mallikarjun Kharge objects to PM Modi in Lok Sabha, says “why is the speech so long”, to which PM Modi replies, “You took two hours babu”

– Aap Modi ka virodh karein, karna chahiye aapka kaam hai; lekin achi chizon ko aagey badhana chahiye (You may oppose Modi and you should do it. But you must extend your support on government’s good policies): PM Modi

– PM Narendra Modi says why popular scheme MNREGA was altered for 1035 times. Changes in MNREGA were made 1,035 times to suit requirements of the common man

– We will always remember the idealism, courage and patriotism of Colonel Nizamuddin (driver-cum-guard of Subhash Chandra Bose), which added strength to our freedom struggle: PM Modi in Lok Sabha

– We will always remember the idealism, courage and patriotism of Colonel Nizamuddin (driver-cum-guard of Subhash Chandra Bose), which added strength to our freedom struggle: PM Modi in Lok Sabha

– India is an agricultural country. Generally, we start disbursement of budget in May and Monsoon start in June. So for three months we were not able to use the budget allocation: PM Modi speaks on early Budget.

– PM Narendra Modi attacks Congress, asks “Why Benami law passed during Rajiv Gandhi’s tenure in 1988 was not notified for 26 years?”

– Like Swachh Bharat, the decision on demonetisation is a movement to clean India (from corruption and black money): PM Modi in House

– Desh mein ek aisa varg panpaa jo gareebo ke haq ko loot-ta raha, isiliye desh unchaaiyon par nahi pahunch paya: PM Modi

– India is an agricultural country. Generally, we start disbursement of budget in May and Monsoon start in June. So for three months we were not able to use the budget allocation: PM Modi speaks on early Budget.

– PM Narendra Modi attacks Congress, asks “Why Benami law passed during Rajiv Gandhi’s tenure in 1988 was not notified for 26 years?”

– Like Swachh Bharat, the decision on demonetisation is a movement to clean India (from corruption and black money): PM Modi in House

– Desh mein ek aisa varg panpaa jo gareebo ke haq ko loot-ta raha, isiliye desh unchaaiyon par nahi pahunch paya: PM Modi.

– My fight is for the poor and giving the poor their due. This fight will continue: PM

– For demonetisation, good economy was needed and hence, this was a proper time: PM Modidemonetisation, good economy was needed and hence, this was a proper time: PM Modi

 – In UPA times, the conversation was about how much went out of India, now the question is how much we brought back: PM Modi while speaking on demonetisation in Lok Sabha

– From day first we have been clear that we were ready for a discussion on demonetisation but some were more keen on giving television and not having debates: PM Modi in Lok Sabha

– You can have an operation when the body is healthy. Economy was doing well, our decision was taken at the right time: PM Modi on Demonetisation

– PM Narendra Modi speaks on note ban, says Opposition was scared of discussion as they thought that I will be benefited from it

– Earlier during Budget many schemes were announced which never got implemented: PM Modi

– When rail budget was first presented, transport sector was different. Now things are different and a more comprehensive look is needed: PM Narendra Modi in Lok Sabha

– I had said it from the Red Fort. Every Prime Minister has contributed to the nation: PM Modi in the Lok Sabha.

– I was surprised to know that there were some who made cleanliness (Swachh Bharat scheme) a political issue. Why can’t we work together on ushering a Swachh Bharat? PM Modi in Lok Sabha

– We respect everyone’s service. But Congress are the ones who never gave importance to Veer Savarkar, Bhagat Singh, Chandrashekhar Azad

– Congress feels only one family brought independence for India. The root of the problem lies there: PM Narendra Modi

– Let us understand and  appreciate the inherent strength of our people and take India to newer heights. Faith in Jan Shakti will give results: PM in Lok Sabha

– Somewhere on the way, ‘Jan Shakti’ was forgotten; We don’t accept this. There is something very special about ‘Jan Shakti’. It is due to this ‘Jan Shakti’ that the person born to a poor family can become the Prime Minister of India: Modi in Lok Sabha

– In 2014 elections, one party was campaigning on whether they would give 9 or 12 cylinders. But after coming to power, we asked people whether they were willing to give up subsidy. So many people gave up subsidy: PM Modi

– We remember how democracy was under threat from 1975 to 1977, when opposition leaders were jailed, newspaper freedom curtailed: PM Modi

– Black money gave birth to parallel economy: PM Modi

– Corruption begins with cash. In 1988, when Rajiv Gandhi was the PM, Congress had the majority and made a law on benami property. Why was it not notified in last 26 years: PM Modi

– PM Modi talks about the emergency and the conditions then when democracy was crushed. “We remember how democracy was under threat from 1975 to 1977, when opposition leaders were jailed, newspaper freedom curtailed,” says PM Modi

– There are many people like me, who couldn’t die for nation during the freedom struggle but we are living for India and serving our motherland: PM Modi in Lok Sabha

– Mai aahvahan karta hu ki hum apni jan shakti ko pehchaane, desh ko aagey badhane ki disha mein kaam karein: PM Modi in Lok Sabhako pehchaane, desh ko aagey badhane ki disha mein kaam karein: PM Modi in Lok Sabha

– It is the power of the democracy which made the son of a poor mother the PM of the country: Modi in Lok Sabha

– PM Modi takes a jibe over Kharge’s statement that Congress saved the democracy of the nation

– – PM Narendra Modi replies to Leader of Opposition Mallikarjun Kharge’s ‘dog’ jibe in today’s Lok Sabha speech, says “we were not raised as dogs” Narendra Modi replies to Leader of Opposition Mallikarjun Kharge’s ‘dog’ jibe in today’s Lok Sabha speech, says “we were not raised as dogs”

– How can someone see ‘SEVA’ or any positive virtue in the word ‘SCAM’. When people look for a sense of service and modesty in scam, the earth shakes

– Aakhir bhukamp aa hi gaya, Koi to kaaran hoga, dharti maa rooth gayi hongi: PM Modi in Lok Sabha

– How can someone see ‘SEVA’ or any positive virtue in the word ‘SCAM’, PM Modi says in an apparent dig at Congress vice-president Rahul Gandhi‘s reply on ‘SCAM’ barb

– PM Modi speaks about the earthquake that hit Delhi and northern India on Monday night, says there must be a reason behind it

– PM Modi assures help to the state governments in fighting against the crisis

– Prime Minister Narendra Modi begins his address in Lok Sabha

-February 7, 2017, New Delhi

 

Debate on demonetisation in Rajya Sabha: Top quotes

Debate on demonetisation in Rajya Sabha: Top quotes 

Debate on demonetisation; The Winter session of the Parliament began on Wednesday, and members of the Rajya Sabha have been debating the government’s recent decision to demonetise the Rs 500 and Rs 1000 notes. Earlier today, West Bengal Chief Minister Mamata Banerjee led a protest march to Rashtrapati Bhavan, and her contigent met President Pranab Mukherjee, whom they asked to talk to the government and “bring back normalcy to the country.”

Debate on Demonetisation
On the eight day of demonetisation, MPs and other political leaders today had plenty to say about the biggest financial decision of the year. Here’s a round-up of the top quotes from the day.