Tuesday, September 26, 2017
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Economic advisory body set upPM at BJP meet. Mukesh Aggarwal

Economic advisory body set up

NITI’s Debroy to head council; GST ‘second historic’ step after DeMo: BJP26 Sep 2017 | 2:04 AM

NEW DELHI: GST is the second historic step after demonetisation, the BJP today said while lauding the Narendra Modi-led government for delivering on the promises made to the people with regard to corruption and black money.

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Vibha Sharma

Tribune News Service

New Delhi, September 25

GST is the second historic step after demonetisation, the BJP today said while lauding the Narendra Modi-led government for delivering on the promises made to the people with regard to corruption and black money.

Notwithstanding the criticism against his two economic moves, the political resolution moved by the party at its national executive said they had “broken the backbone of the black market and black money hoarders” and “brought in ease of doing business”.

(Follow The Tribune on Facebook; and Twitter @thetribunechd)

Modi, in his valedictory speech, however, steered clear of saying much on the economic front, focussing more on organisational matters and political aspects. An hour later, the government announced the formation of the Economic Advisory Council to the Prime Minister (EAC-PM), headed by NITI Aayog member Bibek Debroy, to advise him — a proof enough of concern over the state of economy.

The EAC will include NITI Aayog’s Principal Adviser Ratan Watal as member and economists Surjit Bhalla, Rathin Roy and Ashima Goyal as part-time members. The terms of reference of the EAC would be to “analyse any issue, economic or otherwise, referred to it by the PM and advising him”.

Addressing colleagues at the party event, Modi said his battle against corruption was uncompromising and no one would be spared. “I have no relatives,” he said, an obvious attack on Opposition leaders and their kin embroiled in cases of corruption.

He asked BJP leaders to make the party an instrument of mass participation. “Democracy must be seen as beyond elections. Take the BJP beyond elections and make it a medium for improving the quality of life of people,” said Finance Minister Arun Jaitley, quoting the PM. The PM also took on the Opposition, saying they saw power as a means of enjoyment and not service to the people.

The party resolution sought to dispel concerns over GST and demonetisation. Patting the government on paving the way for strengthening the foundations of a transparent economy, it said “difficulties being faced by people and the traders during the initial period of implementation of GST were being consistently resolved”.

On prevailing concerns over the economy and fall in GDP growth rate, Union Minister Nitin Gadkari said some “teething problems” occur when major reforms are undertaken but the government is resolving them on “a war footing”.

Briefing about the PM’s speech, Jaitley said the past three years’ data on macro economy had shown that the economy was “much sounder than before”.

The resolution also said: “The overwhelming public support for demonetisation needs to be underscored.”

At UN, India shows Pak’s ‘true picture’

At UN, India shows Pak’s ‘true picture’

26 Sep 2017 | 1:53 AM

UNITED NATIONS: India hit out at Pakistan saying it callously exploited the picture of an injured Palestinian girl to spread falsehoods about India and to divert attention from Islamabad’s role as a global terror hub.

Army changes tack, puts tanks at Akhnoor

Army changes tack, puts tanks at Akhnoor

26 Sep 2017 | 1:53 AM

NEW DELHI: India has reorganised an Army division to hold tanks and armoured vehicles in its arsenal and located it to tackle threats from across the Line of Control (LoC) in the lower parts of Jammu and Kashmir. The division is tasked with countering the threat in the Chammb-Jaurian sector, west of Akhnoor.

SBI minimum a/c balance down to Rs 3,000

SBI minimum a/c balance down to Rs 3,000

26 Sep 2017 | 1:53 AM

MUMBAI: Country’s largest lender State Bank of India today lowered the minimum average monthly balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000 and also revised downwards penalties for non-adherence.

Committed to improving healthcare: Capt

Committed to improving healthcare: Capt

26 Sep 2017 | 1:53 AM

CHANDIGARH: Chief Minister Capt Amarinder Singh said here today that his government was committed to improving infrastructure in the key sectors of health and education despite inheriting a poor fiscal condition from the previous rulers.

Mass grave found, Myanmar looks for more dead Hindus

Mass grave found, Myanmar looks for more dead Hindus

26 Sep 2017 | 1:53 AM

YANGON (MYANMAR): Myanmar troops today searched for dozens of missing Hindu villagers feared dead after the discovery of a nearby mass grave of 28 corpses in Rakhine state, evidence of what the army says is a massacre by Rohingya Muslim militants.

‘Heaviest’ woman Eman dies in UAE

‘Heaviest’ woman Eman dies in UAE

26 Sep 2017 | 1:53 AM

ABU DHABI: Eman Abdul Atti, a 37-year-old Egyptian national once believed to be the ‘world’s heaviest woman’, died today in a hospital in the UAE due to complications from her weight, the hospital said.


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Informal sector still in shock

Informal sector still in shock

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GST paper work has blocked its working capital

CONGRESS CIRCLES ARE AGOG WITH HOPE OF THE PARTY’S REJUVENATION UNDER RAHUL. WILL HE PULL IT OFF?

The real Rahul is revealed

CP Bhambhri

Rahul''s Berkeley speech reveals that the “real Rahul” is worthy of leading the Congress. He is aware of the problems, unlike his poor picture painted by the biased media and the RSS-BJP combine.

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TMC suspends Mukul Roy for 6 yrs

TMC suspends Mukul Roy for 6 yrs

26 Sep 2017 | 1:48 AM

KOLKATA: West Bengal’s ruling Trinamool Congress today suspended its founding member Mukul Roy for six years for “anti-party activities”, hours after the former Railway Minister announced that he would quit the party after the Durga Puja.

CITY FOCUS

Close to cracking case, claim police

Close to cracking case, claim police

25 Sep 2017 | 2:00 AM

MOHALI:The police today claimed to be close to cracking the blind double murder case of 65-year-old senior journalist KJ Singh and his 92-year-old mother Gurcharan Kaur.

No

Liquidity crisis hits industry post GST

26 Sep 2017 | 1:31 AM

CHANDIGARH: The Goods and Services Tax (GST) seems to have played havoc with Punjab’s fragile economy. Not only has the poor inflow of Integrated Goods and Services Tax (IGST) and the Central Goods and Services Tax (CGST) hit the state government, which is unable to meet its committed liabilities, it has also adversely affected the industry.

Review tax rates on agri goods: Capt

26 Sep 2017 | 1:31 AM

CHANDIGARH: Chief Minister Capt Amarinder Singh has urged Prime Minister Narendra Modi to review the tax rates imposed on agriculture-related goods under the GST in order to provide relief to farmers.

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‘108’ ambulance not to have CM’s photo

26 Sep 2017 | 1:31 AM

CHANDIGARH: Chief Minister Capt Amarinder Singh has ordered immediate steps to ensure that the CM’s photo is not carried on ‘108’ ambulances.

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Ram Rahim moves HC against rape conviction

Ram Rahim moves HC against rape conviction

26 Sep 2017 | 12:43 AM

CHANDIGARH: A month after he was convicted by a special CBI court in two cases of rape, chief of Sirsa-based Dera Sacha Sauda Gurmeet Ram Rahim Singh today moved the Punjab and Haryana High Court against the verdict of the Special CBI Court.

49 lakh to use VVPAT facility

49 lakh to use VVPAT facility

26 Sep 2017 | 12:51 AM

SHIMLA: It is for the first time in any state election that voter verifiable paper audit trail (VVPAT) facility, enabling a voter to see for whom he has cast vote, will be available at all 7,516 polling stations in Himachal, expected anytime in November.

Another militant killed in Uri

Another militant killed in Uri

26 Sep 2017 | 12:50 AM

SRINAGAR: One more militant was killed today in a fresh gunfight in the Uri sector in north Kashmir’s Baramulla district taking the toll of militants killed in the operation that began on late Saturday to four, the Army said.

Big blooper: Letter quotes Cong chief as PR minister

26 Sep 2017 | 12:46 AM

DEHRADUN:Though the BJP government has been in power in Uttarakhand since March 2017, going by an official letter written by the Union Ministry of Panchayati Raj, at least the Panchayati Raj Minister in the state is still Pritam Singh, who is now the Uttarakhand Congress president.

After win, Merkel  faces coalition test

After win, Merkel faces coalition test

26 Sep 2017 | 1:36 AM

BERLIN:Germany’s Angela Merkel began the tough task of trying to build a government on Monday after securing a fourth term as chancellor, urging the centre-left Social Democrats not the shut the door on a re-run of their “grand coalition”.

‘Saubhagya’ to light up four crore homes

26 Sep 2017 | 1:01 AM

NEW DELHI:Prime Minister Narendra Modi today launched a new scheme Pradhan Mantri Sahaj Bijli Har Ghar Yojana — “Saubhagya” which aims at providing electricity connections to four crore households across the country at a cost of Rs 16,320 crore by December 2018 with the collateral benefits of creating demand for industrial equipment and employment opportunities.

NoHaridk Pandya

Pandya, Kohli’s go-to man

26 Sep 2017 | 1:53 AM

INDORE: Virat Kohli is always effusive in his praise of his teammates. The skipper, however, sounds overgenerous every time he expresses his admiration for Hardik Pandya.

No

Neesham dropped from NZ core squad for India

26 Sep 2017 | 1:52 AM

CHRISTCHURCH:All-rounder Jimmy Neesham was today dropped from New Zealand’s nine-member core team for next month’s limited-overs series against India for which six players will be added after the country’s A squad completes its tour of India.

No

Tejinder wins shot put gold

26 Sep 2017 | 1:52 AM

CHENNAI:Tejinder Pal Singh of Services pipped former national record holder Om Prakash Singh to the men’s shot put gold on the opening day of the 57th National Open Athletics Championships at the Nehru Stadium here today.

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Chemistry of successchemical engineering

Chemistry of success

20 Sep 2017 | 12:21 AM
The golden ticket

The golden ticket

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Scope after learning SpanishCareer Hotline

Scope after learning Spanish

20 Sep 2017 | 12:21 AM

Scholarship Roundup

20 Sep 2017 | 12:21 AM
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