Senior Congress leader and former finance minister, Chidambaram said the 2 options given by the Modi govt to states to bridge the GST compensation gap is a gross violation of law.
Delhi Mahila Congress president Sharmistha Mukherjee lashed out at senior leader P. Chidambaram after the latter congratulated the AAP for its decisive victory in Delhi elections.
P Chidambaram joined other Congress MPs voicing their protest against the steep hike in onion prices. He is currently undergoing trial in the INX Media case.
Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
If Jaitley had been there he would have found a work around compromise, in his typical style. Mme Sitharaman is temperamentally incapable of that.
One way could be for Center and States to share the burden and borrowing from RBI be at 50: 50 levels.
Why can’t the GST Council discuss such compromise fomulas ? The Centre cannot just give a suggestion and walk away. SItharaman seems to have done just that.. Tomorrow, the States may in desperation start levying local taxes and to hell with the laws.
I have not been able to fathom the importance given by press to Shri Chidambaram, currently out on bail. It was under his active activity and guidance that Indian economy became one of the Fragile Five.
You idio.
In these Covid times, when GOI has not been able to collect sufficient GST, because of lockdown and international business scenario, how could center give GST, to the tune of previous years??
Disgusting .
This is a very problematic situation. Just because all states come together and ask for money doesn’t magically create money. The covid and also the preceeding slow down has hit revenues. What did the states do to make economic growth a priority? And this man and this party should be last to talk about states begging for money. An unelected planning commission created by an executive order made CMs feel like beggers because that body became more powerful in devolving money than the Finance Commission. Let’s all sit and find a solution.
It would be better to offer solutions – indiscriminate borrowing for unneeded expenditure seems terrible economics. Wouldn’t it be better to have each state do a detailed re-budgeting in light of the COVID crisis and work out gap funding? Measures like cost control – PPP should be used more to … maybe?
If Jaitley had been there he would have found a work around compromise, in his typical style. Mme Sitharaman is temperamentally incapable of that.
One way could be for Center and States to share the burden and borrowing from RBI be at 50: 50 levels.
Why can’t the GST Council discuss such compromise fomulas ? The Centre cannot just give a suggestion and walk away. SItharaman seems to have done just that.. Tomorrow, the States may in desperation start levying local taxes and to hell with the laws.
I have not been able to fathom the importance given by press to Shri Chidambaram, currently out on bail. It was under his active activity and guidance that Indian economy became one of the Fragile Five.
You idio.
In these Covid times, when GOI has not been able to collect sufficient GST, because of lockdown and international business scenario, how could center give GST, to the tune of previous years??
Disgusting .
This is a very problematic situation. Just because all states come together and ask for money doesn’t magically create money. The covid and also the preceeding slow down has hit revenues. What did the states do to make economic growth a priority? And this man and this party should be last to talk about states begging for money. An unelected planning commission created by an executive order made CMs feel like beggers because that body became more powerful in devolving money than the Finance Commission. Let’s all sit and find a solution.
It would be better to offer solutions – indiscriminate borrowing for unneeded expenditure seems terrible economics. Wouldn’t it be better to have each state do a detailed re-budgeting in light of the COVID crisis and work out gap funding? Measures like cost control – PPP should be used more to … maybe?