Special

A tax system, GST i.e. goods and service tax, has been implemented since July 1, all over India (excluding Jammu and Kashmir). GST Council divided all the goods and services into four tax slabs (5 percent, 12 percent, 18 percent and 28 percent). GST Council has kept 12011 items in these four categories.

About 80 items useful for the general public will be taxed on zero. Cigarettes, Alcohol, Electricity and Petroleum Products (Petrol, Diesel etc.) are now excluded from GST.

But in addition to implementing GST, one step of the Modi government has hit the common man with double slaps. In fact, after GST, banking services have become expensive, as it had to pay 15 percent tax, while 18 percent tax has been decided in GST.

I.e. services like demand draft, fund transfer from July 1 have become expensive Similarly, insurance premiums of term policies, endowment policies and ULIPS etc. have also become expensive.

Apart from this, the telephone bill will be 18 percent instead of the existing 15 percent, so the bill will also get more.

On the other hand, Modi Government has given a shock to the small investors and the interest paid on the Public Provident Fund (PPF) account, the Kisan Vikas Patra (KVP) and the National Savings Certificate (NSC) under the Small Savings Scheme has cut in.

On 30th June, the government has cut interest rates on 10 basis points on these small investments. Now, PPF and NSC will get 7.8 percent interest, while KVP will get 7.5 percent interest. Apart from these, the interest rates of Senior Citizens Savings Schemes and Sukanya Samridhi Yojana have also been revised. This system has also been implemented since July 1.

It means that you have to pay more for the services and the money you are investing for the savings, you will get money at a lower rate of interest.

The case of violence related to cattle has increased very fast after the formation of the government of the Bharatiya Janata Party led by Narendra Modi at the Centre. According to the data website India Spend report, between the years 2010 to 2017, 57 percent of the victims were muslims in the violence related to the cattle. During this period, 86 percent of those who died in the violence related to the cattle were Muslims. In these eight years, 63 incidents took place, in which 28 Indians lost their life. 97 percent cases of violence related to cattle have occurred after the arrival of the Narendra Modi government in the centre. Narendra Modi took over the power of the centre in May 2014. India Spand has done this analysis based on data till June 25, 2017.

On Thursday (June 29th) Modi said in Ahmedabad of Gujarat that murder can not be accepted in the name of cow-worship and no one has the right to take law in his hand.

During this period, 24 of the 28 people who were killed in the case of violence related to the cattle were 24 Muslims (about 86 percent). In these incidents 124 people were injured. More than half the cases of cow-related violence (about 52 percent) were due to false rumors.

According to the report, cases related to the crime given by the Central Government or the state government are not shown separately in the cases of violence and murder done by cattle or crowd. In 32 out of 63 cases of violence related to cow were registered in BJP ruled states. There were eight cases in the Congress ruled states. The rest of the cases were held by other parties ruled states.

According to the report of India Spend, in the year 2017, there has been unprecedented increase in cases related to cow related violence. In the first six months of this year, 20 cases related to the cow were more than two-thirds of the total violence in 2016. From year 2010 to this year, the highest number of violence related to cattle was done in the year 2016. These cases include cases of attack by the crowd, attacks by cow guards, assassination, attempt to murder, harassment, gang rape etc. In two cases the victims were tied with chains and nude and beaten. The victims were hanged in two cases.

Most of the cases of violence related to cattle were recorded in Uttar Pradesh (10). After that, registered in Haryana (9), Gujarat (6), Karnataka (6), Madhya Pradesh (4), Delhi (4) and Rajasthan (4). Of these, 21 percent of cases were registered in south or eastern India (including Bengal and Odisha). In the North-Eastern India, only one case of violence related to cattle has been recorded. After coming to power of BJP, on April 30, 2017, two people of Assam were murdered in a dispute over the cattle.

In the last eight years, 61 out of 63 cases of cow-related violence were made after the formation of the Narendra Modi government in the centre. In the year 2016, 26 cases of violence related to cattle were registered. So far 20 cases of such violence have been registered till June 25, 2017. There is no information about the arrest of the accused in nearly five percent cases. In the same 13 cases (about 21 percent), the police registered cases against the victims.

In India, Modi Government's Union Finance Minister Arun Jaitley has said that the government will disinvestment Air India. I.e. will sell their share. The government is agree on it in priciple. The panel will be created for further processing.

After the cabinet meeting on Wednesday, Jaitley gave this information to the reporters. The loss of Air India is steadily rising and despite all efforts, it can not be controlled. Opposite the government is continuously giving some financial assistance to air travel to some people from the public money. In such a situation, demand for disinvestment has been rising for a long time.

Let Air India's financial position worse than 2007. In 2007, Air India and Domestic Airlines Company Indian Airlines merged with the National Aviation Company Limited. After this merger, the liability of the two companies came on National Aviation Company Limited. In 2010, the name of National Aviation Company Limited was changed to Air India Limited. Since 2007, the airline's economic status has been negative. A plan was prepared to deal with this situation under which the government will has charging Rs 42,182 crore in the airline company within 22 years. However, this investment has been delayed.

In the last five years (FY 2012-2016) where an equity plan of Rs 22,609 crore was to be made, it so far only got Rs 22,280 crore. In such a situation, the Central Government has taken a decision to sell the stake in Air India, which is in debt in the Cabinet meeting.

According to reports, the company is facing a loss of about Rs 52,000 crore.

The government is estimated to earn around 25-27 thousand crore from this disinvestment. Air India's share in the domestic market is around 14%, which is much lower than IndiGo and Jet Airways. Significantly Air India started in 1932 by Jamshed Tata, which was nationalized in 1948.

After failing in the product quality test in India, Patanjali products have also suffered a major setback in neighboring country Nepal.

According to the news, six medical product of Patanjali Ayurveda has failed in lab tests in Nepal. After failing in the quality test, the government has immediately stopped the consumption of Patanjali products in Nepal.

Nepal's Health Ministry has asked Patanjali to send back six of its products to India. On the other hand, the Nepal government has requested shopkeepers not to sell these products in the country. The six medical products that fail in the test include Divya Gashir Churna, Bakuchi Churna, Amla Churna, Triphala Churna, Adivya Churna and Aswagandha Churna.

According to sources, the product quality test of seven products was done in which only one product could get green signal for selling in Nepal.

Recently Kanak Mani Dixit tweeted that Amla Churna of Patanjali Batch number AMC067, Divya Gashar Churna Batch number A-GHCI31, Bakuchi Churna Batch number BKC 011, Triphala Churna Batch number A-TPC151, Aswagandha Batch number AGC 081, Adivya Churna Batch number DYC 059 have failed in microbial test.

Earlier, according to information received under Right to Information (RTI), several products of Baba Ramdev's company Patanjali failed in the quality test performed by a lab in Uttarakhand.

According to the report of Hindustan Times, this information was given in response to the information received under Right to Information (RTI). According to this, about 40 percent of Ayurveda products, including Patanjali's products, were not found in accordance with the standard in Ayurveda and Unani offices of Haridwar.

Out of 82 samples gathered between 2013 and 2016, 32 products could not pass quality test. Patanjali's 'Divya Amla Juice' and 'Shivalingi Seed' are among those products which were not found according to quality standards.

Let me tell that the canteens of the army last month banned Patlaji's Amla juice. This action was taken by the Army on the failure of Patanjali's product in a quality check conducted by the West Bengal Health Laboratory.

According to the Lab Report of the Uttarakhand Government, the pH quantity was less than the limit fixed in Amla juice. Acidity and other health problems arise when pH is less than 7.

It was also learned from the reply of RTI that 31.68 percent of Shivlingi seed was foreigner. However, Balkrishna, managing director of Patanjali and Ramdev's associate has dismissed the Lab report. In a conversation with HT, he said, "Shivlingi seed is a natural seed. How can we tamper with this?''

Consumer Complaint Council (CIC) of the Advertising Standards Council of India (ASCI) has observed that 98 products including Patanjali's Dantakanti Toothpaste, Patanjali Juice and Amul Epic Choko ice cream confuse customers.

One of America's top magazines has questioned the decision to note ban of Indian Prime Minister Narendra Modi. Magazine has claimed in its report that due to the disruptive use of the note ban on Prime Minister Modi, the economy of India has come to a halt.

It was also stated in the report that due to the cash-based economy of India, Modi's decision has been the biggest loss in the history of Indian economy.

Let me tell you that PM Modi announced the November 8 (2016) out of 500 and 1000 notes in the country.

Foreign Affairs Magazine quoted Writer James Crebatree in his latest edition, "The note ban proved that it was the most harmless experiment." Modi administration should now learn from his mistakes."

Senior research fellow Crebatree in Singapore's Lee Kuan Yu School of Public Policy NUS has been criticizing the note ban in India.

"The economic achievements of PM Modi are correct, but the change that has brought him growth has disappointed people in a way. The government has worked on a large scale for the note ban. He did not make much impact on the economy. Looking at the elections of 2019, the Modi government needs to learn from its previous step."

Crebatree further writes, "The truth is that in short intervals, the note ban of Modi is worthless in terms of growth. Last week, India released GDP data for the first quarter of 2017. This is the time when the note ban was most affected during this period."

It was further stated in the report that crores of people had to spend 500 and 1000 notes in cash machines and bank long queues. In the meantime, poor sections faced the most problems. Commercial activity stagnated in India's cash-based economy.

A sting operation by private TV channels has claimed that many Tamil Nadu MLAs got cash and gold to vote during the trust vote. In the shared sting operation of Times Now and Moon TV, claims have been recorded to record statement of MLAs with intelligence cameras.

According to Times Now report, these sting operations began in April and continue in June after May. Chanel has claimed that on 18 February 2017, there was a transaction of money in the Tamil Nadu Legislative Assembly to gain a vote in the confidence motion.

E. Palaniswamy took oath of Chief Minister of Tamil Nadu on February 16. Palaniswamy took the place of O Panneerselvam.

After the death of J. Jayalalitha, the former Chief Minister of Tamil Nadu and AIADMK general secretary, her party was divided into two factions. During Jayalalitha's illness, senior party leader O Panneerselvam was made the chief minister of the state. Later, there was a crack in his relationship with Jayalalitha's associate Shashikala Natarajan. After Shashikala becoming the General Secretary of party, she made E Palaniswamy the Chief Minister.

Around 100 MLAs were kept in a resort for winning of Palaniswamy in the confidence vote.

According to the sting, two MLAs of Madurai South legislator Sarvanan and MLA of Solur, Kanakraj, admitted in front of the intelligence cameras that they had taken money to vote during trust vote.

Sting has claimed that the legislators were also threatened.

In the sting, a legislator has alleged that every MLA was given two to six crore rupees to vote during the trust vote.

The MLA claimed that some people were given gold due to lack of cash.

DMK leader MK Stalin has also complained about the disturbances in the confidence motion.

In India, the Narendra Modi government of the Center will end the jobs of about 11,000 people from all zones of the railway. It is seen as a cut in spending.

The Railway Board has issued a letter to eliminate all the 10 thousand 900 posts from all the 17 Railway Boards while accelerating the exercise of deduction of expenditure. It has been written in the letter written to Railway Board's decision and all the General Managers that the decision to cut annual posts for the year 2017-18 should be implemented.

At present, the number of employees employed in Indian Railways is close to 15 lakh.

Let us state that during the campaigning of the 2014 Lok Sabha elections, the Prime Ministerial candidate and the current Prime Minister Narendra Modi had announced to give 10 million jobs every year, but it is not visible even after three years. The opposite government is ending the job of employees.

According to the letter, on May 25, the Central Railway Board's director (E & R) Amit Saran sent the order letter to all the zonal headquarters. This has stirred the staff in the railways.

Although the railway administration is telling it the normal process. According to officials, the railway terminates one percent post every year. However, the officials are giving clearance on the existing order that after review, it will be decided which non-usable posts will be terminated. The official also claims that the termination of such posts will not affect the functioning of the Railways.

Director of the Railway Board (E & R) Amit Saran has sent the order letter to all the zonal headquarters.

According to the letter, the South-East-Central Railway Zone has been asked to terminate 400 posts, while Central and Eastern Railway will be ended 1-1 thousand posts, East Coast Railway 700, Northern Railway to 1500, North Central Railway 150, 700 to North Eastern Railway, 300 to North Western Railway, 300 to East Central Railway, North East Frontier Railway to finish 550 posts. Similarly, the Southern Railway has been asked to eliminate 1500, South Central Railway 800, South East Central and South Eastern Railway 400-400, South Western Railway 200, Western Railway 700 and West Central Railway to finish 300 posts.

Ministry of Railways is working on the scheme of handing over 23 stations across the country to private companies. Modi government is going to give these to private companies under Public Private Partnership (PPP). For this, online auction will be organized on 28th June. The auction includes Kanpur Junction and Allahabad Junction of Uttar Pradesh, while Rajasthan's Udaipur Railway Station is also included. For the auction, the initial price of Kanpur junction is Rs 200 crore and Rs 150 crore for the Allahabad junction. The outcome of the auction will be announced on June 30. According to sources, the central government has decided to hand over 23 railway stations in the private hands.

In India's IT companies, the continuation of the removal of employees and reduction in salaries is continuing. Salary cuts have been done not only at the junior level but also at top level of companies. The big people who received low salary packages included Infosys CEO Vishal Sikka, Wipro's Azim Premji and IDEA's Kumar Mangalam Birla.

Their salaries have been seen cut in the financial year 2017. For poor payroll payments, the IT sector has been blamed for the turmoil and poor performance of the company.

In the compilation of Infosys CEO Vishal Sikka and Chairman of Wipro Azeem Premji, FY17 has cut more than 60 percent. This is due to global recession, stringent immigration and changes in automation in IT sector.

According to a recent report, the salary of Sikka reduced by 67 percent. This is because of the low bonus available. According to the annual report of Infosys, cash component of Sikka's salary in the financial year 2016-17 was Rs 16.01 crores, which is less than Rs 48.73 crores in the previous financial year (2015-16).

Similarly, Wipro Chairman Azim Premji's salary has been cut by 63 percent. 63 percent of the last financial year has been deducted in their salary compulsions. According to information given by the company to the US Securities and Exchange Commission, Premji received a $ 108,026 (about Rs 71.4 lakh) in the financial year 2016-17 as compared to $ 292,991 (Rs 1.93 crore) last year were met.

Similarly, the salaries of Kumar Mangalam Birla, Chairman of IDEA Cellular, owned by Aditya Birla Group, has declined manifold. Telecom operator IDEA recently told that it had to lose for the first time after becoming a listed company in the market. IDEA chairman Birla's salary was Rs 13.15 crores in FY16, but in the next financial year it has fallen several times to Rs 3.30 lakh. Aditya Birla Group has not given any commission to its chairman and other executives.

Explain that the IT sector is currently undergoing a global recession. Seeing this, there are reports of layoffs too long. Companies say that they are doing this to reduce their costs. Infosys, India's second largest company, had also cut off its senior and mid-level employees.

Former Prime Minister of India Manmohan Singh said on Tuesday that the country's development has slowed down, the main reason behind which is note ban and the economy is running on the engine of public expenditure only.

He expressed deep concern about the situation especially on the impact of employment generation. In his address at the Congress Working Committee meeting on Tuesday, he expressed concern over the decline in economic growth which is reflected in the GDP data for the last quarter.

In a meeting of the Congress Working Committee held at Congress President Sonia Gandhi's residence, Manmohan said, "India's GDP data for the fourth quarter of the last fiscal and the full fiscal year 2016-17 was released a few days ago. India's economic growth has come down drastically, primarily because of note ban declaration made in November 2016."

He said, "The actual sub-measurement of economic activities has resulted in huge and continuous reduction in Gross Value Addition (GVA). Private sector investment has collapsed and economy is running on the engine of the sole public expenditure. GVA of industries, which was 10.7 percent in March 2016, dropped to 3.8 percent in March 2017. This led to a decline of about seven percent."

The former Prime Minister described employment generation as the most worrisome aspect. He said, "The most worrying thing in this is the effect of job creation. Getting employment for the youth of the country has become very difficult. The manufacturing industry, which has the highest employment generation in the country, is shrinking. This means that millions of jobs are going on in the country."

At a time when India's Hindu right wing group is questioning the contribution of the Mughal rulers in India, Uzbekistan's historian, the birthplace of Mughal Emperor Babur, has come here to study Babur and about that era so that the historical relations between the two countries can be traced.

A team of researchers from Central Asian countries visited the National Museum, which has a huge collection of information about the Mughal rulers, including the rare manuscript about Babar.

Babur founded the Mughal Empire which lasted for more than three centuries.

Experts are working on the 'Cultural Legacy of Uzbekistan in the Art Collections of the World' project, where the team is collecting the historical material from around the world.

Dr. BR Mani, Director General, National Museum said, "The party came in April and their goal is mainly documenting the contents related to the Mughal era."

He said, "Babar was born in the city of Andigen (Farghana province of Uzbekistan) and we have a lot of material about him and about Mughal dynasty in India. The other team will also go to the museum and we are happy to help them."

Babar did not actually visit Uzbekistan after coming to India. In the museum, there is interest in the manuscripts of Holy Quran especially for the experts of Uzbekistan which was given to the Mughal rulers and it is also clear from the imperial seal on the cover page. The Koran was written in Uzbekistan.

Mughal emperor Babar won the first battle of Panipat defeating Emperor Ibrahim Lodhi of the Lodi dynasty and established Mughal dynasty in India. Babur's son Humayun strengthened the Mughal lineage in India and coming the era of Akbar Mughal descent was well rooted in India.