Throughout the election campaign, Rahul Gandhi portrayed Modi as a patron of the oligarchs. The Prime Minister did not work too hard to dispel this unflattering caricature.
The govt should have attempted to bring uniformity in taxation before withdrawing tax benefits on long-term capital gains on debt instruments, or at least debated it in Parliament.
Throughout the election campaign, Rahul Gandhi portrayed Modi as a patron of the oligarchs. The Prime Minister did not work too hard to dispel this unflattering caricature.
Instead, govt will use ratio of govt debt-to-GDP as anchor for fiscal policy, Somanathan said. Historically, India has targeted fiscal deficit of 3% of GDP but failed to achieve it.
The general, who was chief of the Army staff at the time, further says the Army took the risk of divesting holding formations to strengthen troops in the Kargil sector.
Congress party's score of 99 in the Lok Sabha elections has vaporised three painful questions dogging Rahul Gandhi for two decades. His record so far deserves a closer look.
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