Senior Congress leader P. Chidambaram on Tuesday criticised Finance Minister Nirmala Sitharaman for getting ‘wrong’ mathematical conclusion in the developmental expenditure.
He said, “The FM’s arithmetic is correct. Her mathematical conclusion is wrong!”
Chidambaram added: “Regrettably, the FM thinks that the average Indian has below-average Intelligence in understanding numbers relating to finances.”
He alleged that the Finance Minister has tweeted that her government spent Rs 90.9 lakh crore on developmental expenditure in 8 years compared to Rs 49.2 lakh crore spent by the UPA government in 10 years
But Chidambaram flags that the size of the Budget is bigger every year and the total expenditure is bigger every year. Developmental expenditure or social services expenditure will also be bigger every year, he said.
He said the correct mathematical analysis will require the Finance Minister to compare the ‘proportion’ of any head of expenditure to total expenditure. Such a comparison will reveal that, as a proportion, social services expenditure has plummeted after 2014-15.
“The FM’s numbers are in the RBI’s Handbook of Statistics. It will show that the proportion has fallen from an average of 9% of total expenditure under UPA to an average of 5% of total expenditure under NDA,” Chidambaram tweeted.
The Finance Minister had tweeted a day before, “The developmental expenditure incurred by the Modi Govt of Rs 90.9 lakh cr so far is over and above the Rs 93,685.68 crore already spent between 2014-22 on repaying the UPA-era oil bonds. Further, an additional Rs 1.48 lakh crore will be paid by 2026.”
She further said, “The expenditure incurred by the Modi Govt includes Rs 24.85 lakh crore spent so far on food, fuel and fertiliser subsidies and Rs 26.3 lakh crore on capital creation. Over the 10 years of UPA, only Rs 13.9 lakh crore was spent on subsidies.”
She had also slammed the UPA for spending less, “RBI data shows total developmental expenditure incurred by Modi Govt in 2014-22 was Rs 90.9 lakh cr, far higher than is being alleged by some sections of the Opposition. In contrast, only Rs 49.2 lakh crore was spent on this during 2004-14.”
President Droupadi Murmu Gives Assent To Women’s Reservation Bill
The Nari Shakti Vandan Adhiniyam has been enacted into law in India following the approval of President Droupadi Murmu for the women’s reservation bill. With its transformation into an Act, 33% of seats in both the Lok Sabha and state assemblies will be designated for women. However, the implementation of this reservation will occur subsequent to the completion of the upcoming census and delimitation process. During a special session of Parliament held this month, the women’s reservation bill received approval from both the Lok Sabha and the Rajya Sabha, marking a momentous achievement for the Indian Parliament, particularly as it relocated its operations to the new Parliament building on September 19.
The AIMIM was the sole opposition to the women’s reservation bill, contending that it would primarily benefit savarna women since there is no provision for the reservation of seats for Muslim women representatives. Furthermore, the Congress raised concerns regarding the absence of OBC reservation and questioned the extended timeframe for implementation even after its passage in Parliament and subsequent approval by the President.
Karnataka: 44 Flights Cancelled At Bengaluru International Airport Today Amid Bandh Over Cauvery Issue
Bengaluru: Amidst a state-wide shutdown in Karnataka on Friday, Kempegowda International Airport in Bengaluru reported the cancellation of 44 flights, which included both arrivals and departures, according to airport authorities. Of these, 22 flights were inbound to Bengaluru, while the remaining 22 were outbound.
Some passengers expressed discontent, claiming their tickets were abruptly canceled, but airport officials cited operational reasons for the cancellations and assured that passengers were duly informed in a timely manner.
Pro-Kannada activists detained from airport premises
In an incident reported by India Today, five pro-Kannada activists were apprehended as they entered the airport premises, unfurling a Karnataka flag and causing a disturbance within Kempegowda International Airport. These protesters had purportedly booked flight tickets as a means to gain entry to the airport grounds.
The Karnataka bandh (shutdown) was organized by the ‘Kannada Okkoota’ group to protest against the release of Cauvery river water to Tamil Nadu. The shutdown found significant support in Bengaluru and other southern regions of the state, disrupting normal daily activities.
To maintain order, authorities imposed prohibitory orders under Section 144 of the Criminal Procedure Code in Bengaluru Urban, Mandya, Mysuru, Chamarajanagar, Ramanagara, and Hassan districts. Additionally, schools and colleges were declared closed for the day, and the shutdown was scheduled to be in effect from 6 am to 6 pm.
Response to shutdown
In response to the shutdown, most information technology companies and other firms in Bengaluru allowed their employees to work from home to minimize disruptions caused by the protest.
Many businesses, shops, and eateries in the Cauvery basin districts, particularly Mandya in the southern part of the state, remained closed. Private vehicles were also off the roads in these areas. The Karnataka Film Exhibitors Association supported the bandh, resulting in the cancellation of film screenings at theaters across the state until the evening.
‘Don’t Have House In My Name, But My Govt Made Lakhs Of Daughters House-Owners’: PM Modi In Gujarat
Prime Minister Narendra Modi on Wednesday said he does not have a house in his name, but his government turned lakhs of daughters in the country house-owners.
PM Modi, who has been on a two-day visit to Gujarat starting Tuesday, was speaking at the launch of various development projects worth over Rs 5,000 crore, including projects worth Rs 4,500 crore related to education sector, in Bodeli town of tribal-dominated Chhotaudepur district of Gujarat.
Don’t have house, but gave houses to lakhs of daughters: PM Modi
“Since I spent significant time with you, I know the issues faced by the poor people and I have always tried to solve those issues. Today I am satisfied because my government has built four crore houses for the people across the country. Unlike previous governments, a house for the poor is not just a number for us. We work to provide dignity to the poor by building houses for them,” he said.
“We are building houses as per the needs of the poor, that too without the presence of any middlemen. Lakhs of houses were built and registered in the names of our women. Though I don’t have a house in my name, my government made lakhs of daughters house-owners,’ he said.
PM invokes World Bank president’s comment
Modi also noted that World Bank president Ajay Banga was so impressed with the Gujarat education department’s command and control centre in Gandhinagar, called as ‘Vidya Samiksha Kendra’, that he urged him to start such centres across the country.
“The World Bank president (Ajay Banga) recently visited the Vidya Samiksha Kendra (in Gandhinagar). During out meeting, he urged me to start such centres in all districts of India and said the World Bank is ready to be a part of that project,” he said.
The PM said the new National Education Policy (NEP), which was left in limbo for three decades, was finally introduced by his government.
Without mentioning any names, PM Modi also attacked the opposition saying “they indulged in politics of reservation”.
“But until I became chief minister, no science school was functional in tribal areas of Gujarat…How will you get admission in medical and engineering colleges if you do not have science schools,” he said.
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