The NDA government's 'muscle flexing' strategy in Kashmir is wrong and the Congress believes the only way to find a "political solution" to this "political problem" is through talks, said former Union Home Minister P Chidambaram today
"The Congress party was the originator of the idea of GST and has welcomed GST. Not attending a midnight event has nothing to do with the fact that Congress party supports the idea of GST. The substance is important, not the symbolism," Chidambaram told CNN-News18 on Friday, hours ahead of the launch of GST.
Union Minister Piyush Goyal rejected Chidambaram's charge that he was being targeted for his columns critical of the government and claimed that the issue was why beneficiaries of the Foreign Investment Promotion Board (FIPB) gave "money to firms owned by his son".
"Railways worst operating ratio in 2016-17. Previous worst in 2000-01. Both under BJP governments! Despite well- meaning minister. Problem of Railways is deeper. It cannot be run as a department of government," he said on Twitter.
"The Narendra Modi government has launched a war against black money. The war against black money cannot be concluded with one action alone. Demonetisation or remonetisation is one such step in the right direction. Many more things need to be done by our government to curb use of black money," he said.
Senior Congress leader P Chidambaram today alleged that there was a "pervasive, systematic and infringed control" over the owners of media by the Modi government.
Senior Congress leader PrnChidambaram today accused the BJP of "stealing" elections inrnGoa and Manipur, saying a party which comes second has "nornright" to form the government.
Notably, the Central Statistical Organisation (CSO) has predicted a growth rate of 7.1 percent and RBI pegs it at 6.9 percent for financial year 2016-17.
That Union Budgets can fetch a few extra seats was shown by P Chidambaram in 2009 when he announced a loan waiver for farmers. This budget has been advanced by a month, and with due permission from the Election Commission, would be unveiled before the first vote is cast in Goa and Punjab this Sunday.
Ahead of the Budget session beginning tomorrow, BJP sought to corner Congress, alleging the "corrupt hands" which helped Mallya secure bank loans belonged to the then Prime Minister Manmohan Singh and Finance Minister P Chidambaram.
Former RBI Governor Raghuram Rajan had categorically rejected the idea of demonetisation, he claimed, adding that NDA government "must have consulted some RSS pracharak" before taking the decision.
While urging the Opposition leaders for a debate in Parliament, he said, "Please rise above slogans and join this campaign (demonetisation)."
Taking a dig at Prime Minister Narendra Modi, Chidambaram wanted to know what will happen to productivity with people standing in long queues to get cash.
Terming government's decision to demonetise Rs 500/Rs 1000 notes as a "puzzle", Chidambaram had yesterday said that if the idea was to address the issue of blackmoney, why has it decided to introduce Rs 2000 denomination notes.
Congress today sought to pick holes in the Modi government demonetizing Rs 500 and Rs 1000 currency notes, saying if the idea was to address the issue of black money why has it decided to introduce Rs 2000 denomination notes, and terming the action as a "puzzle".
"Welcome RBI decision to cut rate. Hope this will stimulate Capital Investment that has been sluggish for months (sic)," Chidambaram, who is also a senior spokesman of Congress, tweeted.
At the book launch event of former Reserve Bank of India Governor Duvvuri Subbarao's Who Moved My Interest Rates, former Finance Minister P Chidambaram took part in a panel discussion and offered his take on some of contentious issues raised by the ex-central bank chief.
The main opposition Congress has rejected the charge that it was blocking the GST Bill because of the court summons to party president Sonia Gandhi and her son Rahul in the National Herald case, while Bharatiya Janata Party continues to insist there is a link between the two developments.
Addressing a press conference, veteran Congress leader and former finance minister P Chidambaram said that the party was "deeply pained and anguished with the remarks of Sushma Swaraj".
Acknowledging that there may be merit in Congress‘ demand for 18 per cent rate of GST, he said the NDA government has â€œnot made any significant modificationsâ€ to the bill that the Congress-led UPA government had proposed in 2006-07 Budget, â€œexcept to bring a consensus between manufacturing and the consuming statesâ€.
Chidambaram is largely on the wrong track, for what he has chosen not to hear is crucial. The cut in corporate taxes is supposed to be matched by reductions in direct tax rebates and exemptions to companies.
Chidambaram says that there is much work to be done. "We are willing to help. It is up to the government to reach out to everyone, build consensus, and work toward achieving higher growth in the years to come."
In plain words, Subramanian is saying that Chidambaram left his bills for 2013-14 unpaid, and passed them on to the next government, by shifting payments to 2014-15.
Jaitley sat through the debate with a near-perpetual frown on his face, Chidambaram appeared cool, but underneath the easy faÃ§ade he was often seen restlessly flapping his fingers.
"Can the Modi government name one measure that was implemented after May 26 that yielded results by June 30? They cannot. Hence the credit for Q1 belongs entirely to the UPA government. The NDA should stop being churlish and give credit where it is due," said the senior Congress leader.