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‘Disaster for common people’: Amit Mitra slams Union Budget

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New Delhi, Feb 1: Dr Amit Mitra, Principal Chief Advisor to the Chief Minister and Finance Department of West Bengal, criticised the Union Budget on Saturday, saying it was “a disaster for the common people”.

Claiming that there is nothing for the common people in this budget, he told media, “It (Union Budget) has cut everything. Social services were cut by 16 per cent. Housing cut by 4.38 per cent. Welfare and scheduled cast and scheduled tribes were cut by over 3 per cent. Social services and welfare, very important for the common people, were cut by 5 per cent. Now what is interesting is that even food subsidy had been cut by 1 per cent.”

“And there’s nothing for the youth, women or farmers. Unemployment as you know, youth unemployment today is 46 per cent. Among them, 30 per cent are unemployed who are graduates. According to CMIE, as much as 37,000,000 people were unemployed between October and December,” the Principal Chief Advisor to the CM claimed.

On 100 per cent FDI allowed in insurance, Mitra said, “It is a challenge to all the public sector companies like LIC and a host of other insurance companies and including Indian private sector companies. Now while they are coming in, they’ll come in with a 100 per cent equity. When our state asks for GST on insurance, including life insurance, to be reduced from 18 per cent goods and services tax to 0 because it’s only punishing people who are taking insurance. The central government did not allow it. It postponed it. That leads me to the question. Is there some kind of a conspiratorial process here that foreign direct investors come in 100 per cent equity, but the GST remains at 18 per cent for insurance for the common people? Who benefits from this?”

Commenting on the manufacturing sector, he stated the survey has directly said the growth rate has been cut.

“Manufacturing is only 15 per cent of our GDP. And the promise was to take it to 25 per cent. What is there in the budget which is gonna take manufacturing to that 25 per cent target of Mr Modi? So how will you get higher growth? Naturally, growth is tumbling and conservative in its expectations. So what has the budget done for the common people? It has consistently cut,” Mitra stated.

Commenting on the new tax exemption limit announced in the budget, the Principal Chief Advisor to the West Bengal Chief Minister said, “Taxes from 7 lakh threshold have been raised to 12 lakh. So the income of 12 lakh level will not pay taxes, but remember inflation is rising and there is nothing in the budget to control inflation.”

Explaining the new tax exemption limit, he said, “Only 8 crore people pay taxes. Even if some proportion of those people gain a little bit, it’ll get eaten up automatically by inflation. That means your real gain is 0. This is the kind of very clever trick that the budget plays.”

Slamming the budget, he said, “What has it done for inflation? In fact, to keep the fiscal deficit at 4.4 per cent central government is again going to borrow almost Rs 15 lakh crore. So the debt of the country will keep going. So my conclusion, is nothing for the common people, nothing for the youth, only unemployment. Nothing for women of any significance, only words. Nothing for the farmers accepting some homilies.”

Mitra also alleged that there was a deep-rooted conspiracy indicated by a lot of experts on Saturday.

“Inviting 100 per cent equity of foreign direct investment insurance, but not cutting the GST tax on insurance, does it have a connection between the two? In this government between somebody or the other, an international lobby?” he questioned.

Crime

SC ‘shocked’ by decade-long delay in criminal trials in Maharashtra

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New Delhi, Oct 9: The Supreme Court has expressed shock at the status of criminal trials in Maharashtra, having found that hundreds of cases have been pending for framing of charges for over a decade — some dating back as far as 2006.

“Registrar General of the High Court of Judicature at Bombay has filed an affidavit annexing certain documents which we have perused. To say the least, it is a reflection of a very shocking state of affairs, insofar as the conduct of trials before different Courts in the State of Maharashtra is concerned,” observed a Bench of Justice Sanjay Karol and Justice N. Kotiswar Singh, taking note of the affidavit filed by the Registrar General of the Bombay High Court.

The Justice Kant Bench said that despite the filing of charge sheets, trials in at least 649 cases across Maharashtra have not proceeded beyond the stage of framing charges.

“The said affidavit reveals that there are at least 649 cases in which charges are yet to be framed, despite filing of the charge sheets, in certain cases, way back in the year 2006, 2013, 2014 and onwards till the year 2020. The reasons assigned for delay are multiple, including, and most significantly, in almost every trial, either non-production of the accused or non-appearance of the advocate, be it the prosecutor or the defence,” it observed.

Noting that the petitioner has been languishing in jail for over four years without charges being framed, though the charge sheet in his case was filed in July 2021, the apex court said: “The petitioner has been in jail for more than 4 years since 11.04.2021, and today his status remains the same as it was on day one of his incarceration. Charges would have to be framed, the process of trial would take its own time, and by the time a final conclusion is reached, he would have remained behind bars for many years on end.”

The Supreme Court has directed the Registrar General of the High Court to obtain detailed reports from each District and Sessions Judge regarding the steps taken to ensure the timely framing of charges and compliance with earlier circulars on the production of undertrial prisoners either physically or virtually, as per the stage of trial.

The matter will now be heard next on October 17, with the Supreme Court seeking a comprehensive compliance affidavit. “The Registrar General shall also apprise the learned Chief Justice of the High Court of the passing of this order,” it said.

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National News

India-UK partnership trustworthy; crucial foundation for global stability, says PM Modi

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Mumbai, Oct 9: Prime Minister Narendra Modi on Thursday stated that the dynamism of India and the expertise of the UK together create a distinctive synergy. “Our partnership is trustworthy, driven by talent and technology, which will help make the future of both countries brighter,” PM Modi said after meeting his UK counterpart Keir Starmer at Raj Bhavan here.

He said, “India and the UK are natural partners. The foundation of our relationship is a shared belief in values such as democracy, freedom, and the rule of law. In the current era of global instability, this growing partnership between India and the UK is becoming a crucial foundation for global stability and economic progress.”

“Under the leadership of Prime Minister Starmer, there has been remarkable progress in the relations between India and the UK. During my UK visit in July, we reached an agreement on the historic Comprehensive Economic and Trade Agreement. Your visit to India just a few months after the Agreement and the largest business delegation to accompany you so far is a symbol of the new energy and broader vision that has come into the India-UK partnership,” said PM Modi.

“We shared views on peace and stability in the Indo-Pacific and West Asia, as well as the ongoing conflict in Ukraine. On the Ukraine conflict and the Gaza issue, India supports all efforts to restore peace through dialogue and diplomacy. We are fully committed to enhancing maritime security cooperation in the Indo-Pacific region,” said PM Modi.

“We have reached an agreement on cooperation in military training. Under this, Flying Instructors of the Indian Air Force will work as trainers in the UK’s Royal Air Force,” said PM Modi.

Prime Minister Modi said, “The largest and most influential delegation from the education sector so far has come with Prime Minister Starmer. It is a matter of great joy that now nine universities from the UK are going to open campuses in India. The Gurugram campus of Southampton University was recently inaugurated, and the first group of students has also taken admission.”

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Business

PM Modi meets Keir Starmer in Mumbai for strengthening India-UK ties

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Mumbai, Oct 9: Prime Minister Narendra Modi welcomed UK Prime Minister Keri Starmer at Raj Bhavan and held a meeting as part of the process to strengthen the strategic partnership between the two countries.

The Ministry of External Affairs shared photos of Prime Minister Narendra Modi meeting UK Prime Minister Keir Starmer.

“Together for stronger India-UK ties…,” posted Randhir Jaiswal, the MEA spokesperson, on X.

Earlier, Commerce and Industry Minister Piyush Goyal said his meeting with UK Prime Minister Keir Starmer here further deepened trade and economic partnership for mutual prosperity between the two nations.

Starmer arrived in India for a two-day visit on Wednesday, accompanied by the biggest-ever trade delegation from the country to India.

“Delighted to call on UK Prime Minister Keir Starmer. Discussed avenues to further deepen India-UK trade and economic partnership for mutual prosperity,” Goyal posted on X social media platform.

Goyal earlier met Peter Kyle, the UK’s Secretary of State for Business and Trade, with a view to moving forward with the operationalisation of the India-UK Comprehensive Economic and Trade Agreement (CETA) and doubling the bilateral trade by 2030.

“The meeting marked a significant step towards operationalising the India-UK CETA, with both Ministers agreeing to reposition the Joint Economic and Trade Committee (JETCO) to oversee its implementation and delivery,” according to the Commerce Ministry statement.

Both sides underlined their commitment to ensuring swift, coordinated, and results-oriented implementation of the Agreement, aimed at realising its full potential for businesses and consumers in both countries. The ministers reaffirmed their shared ambition to double bilateral trade by 2030, leveraging the complementarities between the two economies in areas such as advanced manufacturing, digital trade, clean energy, and services.

Emphasising the transformative scope of CETA, they discussed ways to maximise its benefits through regulatory cooperation, addressing non-tariff barriers, and promoting supply chain integration. The highly productive Commerce Secretary and Director General-level meeting set the tone for the Ministerial meeting, which laid a strong foundation for a full day of engaging and forward-looking discussions.

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