kvraghav wrote:BCCI is run by Sourav who was a out and out commie. I have full confidence that this was done under his able guidance.
if it is truly so, then what was jay shah doing
kvraghav wrote:BCCI is run by Sourav who was a out and out commie. I have full confidence that this was done under his able guidance.
Jay Shah s/o Amit Shah - that is his claim to flame. Don't know if he has even played cricket when at school .Pratyush wrote:Who is Jay Shah and what is his claim to fame?
He is the secretary and Saurav is his president. B/W we have to understand that BJP is a collection of individuals whose only aim is self progress. Once they achieve that, they do not really care about the party or other supporters. The congress is a ecosystem and the only agenda is to ensure that every small cog in the wheel is fully protected. Look at Sameer Wankhede now, the guns are out for Mumbai police to arrest and jail him while Amit shah has the capability to Jail the CM, but nothing happens. This is how BJP ecosystems are never built up.chetak wrote:kvraghav wrote:BCCI is run by Sourav who was a out and out commie. I have full confidence that this was done under his able guidance.
if it is truly so, then what was jay shah doing
kvraghav wrote:chetak wrote:
if it is truly so, then what was jay shah doing
He is the secretary and Saurav is his president. B/W we have to understand that BJP is a collection of individuals whose only aim is self progress. Once they achieve that, they do not really care about the party or other supporters. The congress is a ecosystem and the only agenda is to ensure that every small cog in the wheel is fully protected. Look at Sameer Wankhede now, the guns are out for Mumbai police to arrest and jail him while Amit shah has the capability to Jail the CM, but nothing happens. This is how BJP ecosystems are never built up.
kvraghav wrote:B/W we have to understand that BJP is a collection of individuals whose only aim is self progress.
In states like Kerala, BJP managed to get a toe-hold only because of RSS. And even RSS cadre admit that BJP 'leadership' are nincompoops who have no clue on politics. BJP 'leaders' in Kerala survive only because others have some fear of RSS. And looks like that is now the case in many other states as well. Where as an organisation like RSS have more grass root connects, BJP leadership at times is basically very 'Congress-like'. Completed reading the book NDTV Frauds V2.0, and it clearly shows how some BJP leaders (Jaitley is a prime example) who were supporting many shady operators (including NDTV) and was in close contacts with folks in Congress.Tanaji wrote:BJP internal actions are mainly for show and do lack substance. From CAA to lack of action on Bengal violence, BJP is happy to let its supporters die and wont lift a finger to save them.
jetlee was among the very few who were trusted to help the top non dilli leadership in navigating the lootyens dilli cabals, sidestep land mines laid by the BIF, help out with the track thoo efforts not only of the cross border variety but also the desert cult varieties which was used by the BIF in ruling the roost in dilli because of easy access to vast resources of soft power and the unlimited facilities for private advancement that they were accustomed to providing because it was always so much easier for them to simply pay off the babooze/politicos in cash or kind or visas and ivy league admissions or fund wife/daughter run NGOs.Sachin wrote:kvraghav wrote:B/W we have to understand that BJP is a collection of individuals whose only aim is self progress.In states like Kerala, BJP managed to get a toe-hold only because of RSS. And even RSS cadre admit that BJP 'leadership' are nincompoops who have no clue on politics. BJP 'leaders' in Kerala survive only because others have some fear of RSS. And looks like that is now the case in many other states as well. Where as an organisation like RSS have more grass root connects, BJP leadership at times is basically very 'Congress-like'. Completed reading the book NDTV Frauds V2.0, and it clearly shows how some BJP leaders (Jaitley is a prime example) who were supporting many shady operators (including NDTV) and was in close contacts with folks in Congress.Tanaji wrote:BJP internal actions are mainly for show and do lack substance. From CAA to lack of action on Bengal violence, BJP is happy to let its supporters die and wont lift a finger to save them.
Soaring prices of petrol and diesel have become a major sore point in political and media circles. That the biggest proportion of the final retail price is accounted for by central and state taxes goes without saying. What needs saying is whether this level of taxation is justified in the context of India’s overdependence on imported crude, the need to maintain government revenues at reasonable levels during a pandemic, and the longer-term need to non-fossil-based fuels during a period of rapid climate change. (You can read the broader reasoning for retaining high petroleum taxes here)
Some arguments need demolition immediately. Former finance minister P Chidambaram says a 33 per cent share of central taxes in petrol prices is “extortion”. He said: ''One third of the price of petrol that consumers pay is a tax to the central government, so, a 33 percent taxation on any commodity is extortion.”
Obviously, he lives on another planet. Under the goods and services tax regime, the highest rate of duty is 28 per cent, but many items considered to be “luxury” goods are levied a cess over and above that. So, many products, including high-priced SUVs, will be taxed at well above Chidambaram’s “extortion” limit of 33 per cent.
Secondly, it is a bit rich to presume that the charge of extortion, especially in revenue-deficit Covid times, should not equally apply to states. Unlike central excise, states levy an ad valorem sales tax, which means the tax element rises along with petrol prices.
According to the Petroleum Planning and Analysis Cell (PPAC) that is attached to the Union Petroleum Ministry, the Centre raised Rs 3.72 lakh crore through excise duties in fiscal 2020-21, while states raised Rs 2.17 lakh crore. The net tax contribution to the Centre is, however, higher at Rs 4.19 lakh crore, but this includes shareable taxes like customs duties, where revenues are shared with states. The comparable numbers are thus the controllable numbers like excise and state sales taxes. Out of the amount of Rs 590,240 crore collected as central excise and state sales taxes, 63 per cent goes to the Centre and 37 per cent to states.
But this proportion is changing, as state taxes are ad valorem. As petroleum prices rise, state revenues will be rising faster than substantially fixed-duty central excise. In the first quarter this year (April-June 2021), PPAC estimates that excise accounted for 54 per cent of total revenues collected (excluding customs, cess, royalty, and IGST and some minor heads), lower than 2020-21’s 63 per cent. The share of states in petro-taxes is rising with global prices trends.
What pump prices are reflecting now — per litre prices have crossed the psychologically important reference point of Rs 100 per litre for diesel and petrol — is largely the rise in global crude prices, which have more than doubled from $40 per barrel around this time last year to around $86 for Brent crude. India’s crude supplies are benchmarked to Brent. The truth is pump prices have not risen as fast as Brent crude prices this year.
The real questions are: how much can taxes be cut to provide real relief to consumers, and is this worth the revenue loss?
The short answer is that a cut of, say, Rs 5 or Rs 10 in central and state taxes will not fully filter through sustainably to consumers if crude prices keep rising.
Critics of India’s high-taxation policies tend to compare Indian pump prices with those in Pakistan, Bangladesh and Sri Lanka, where prices are 25-40 per cent lower, with Pakistan being one of the lowest. But two of these three countries are already basket cases and they won’t be able to sustain their lower petrol prices (Pakistan and Sri Lanka).
But there is another comparison to be made, with major west European countries and Japan. According to a Reuters report dated 22 October, in dollar terms (converted at approximately current exchange rates), India’s petrol price is $1.43 a litre, lower than $1.44 in Japan, $1.8 in France and $1.94 in the United Kingdom.
Clearly, India’s high-tax policy in a fuel that has fairly inelastic demand is not a complete outlier.
However, since high fuel prices can lead to a reduction in consumer demand as fuel costs take up a disproportionate share of monthly household and corporate budgets, there are two things India can do to contain the damage. But even this will not be enough if Brent continues to soar. High taxes are, in fact, political insurance for most governments. If crude prices soar, say to $100 or more, they will then have some fiscal space to sacrifice revenues and provide relief to consumers.
The two things that India can do immediately are these:
One, states should shift to a fixed rate of sales tax (or a combination of low ad valorem rates and specific additional sales tax), so that revenues are protected and prices don’t rise exponentially.
Two, in lieu of this sacrifice, the Centre can offer a dollop of its non-sharable petro-tax revenues with states, so that both states and Centre share overall petroleum revenues 50:50 in future. Currently, large parts of the additional excise duties levied by the Centre are not shared with states.
This is one way forward, and not mindless reductions in petro-taxes which can damage state and central finances when they need it the most — to meet Covid-related costs.
Jagannathan is Editorial Director, Swarajya. He tweets at @TheJaggi.
In mumbai, 100% taxi and rickshaw run on cng while their rate card is decided as per petrol prices. Before cng, they used to import used Toyota Isuzu diesel engines and retro fit in their padminis and ambassadors.ArjunPandit wrote:bangalore had meter+xx price...i think that xx would go up..not sure about mumbai and other cities..but in delhi most autos/taxis are on cngPrem Kumar wrote:The pain is felt by taxi drivers so much that they are petitioning the Govt to set standard rates for standard distances within cities (& peg it to fuel prices), so that aggregators like Ola don't fleece them.
This stupidity is a potential election-loser (not just a vote loser). Hope BJP's prospects in upcoming elections doesn't get screwed over by the MoF babus. We are still not there as a country, where we can have free-market fuel prices. It will take time.
Not trying to stretch my point, but here we go. Pasting below link for reference https://m.timesofindia.com/city/kolkata ... 153970.cmsJay wrote:This is a very very small portion of leisure travel component for a country of India's size and even these people generate revenue. This is an absolutely absurd way to cut off one's nose, so to speak, to spite off the leisure travel sector. This is prime commie economics level kind of thinking that will get us no where.ritesh wrote: However, may I pls add that their was a large chunk of leisure travel fuelled by less than optimum and subsidize prices wherein people used used to boast in forums like tbhp of going for a drive in the middle of night from posh Thane localities all the way to Haji Ali just to drink juice from a over rated outlet or how soth Bombay people going all the way to Mahabaleshwar or drive to Pune expressway for speed thrills. I believe it is the category of people who are making most noises as they are unable to adjust to new realities.
That means there is demand and to create policies to cut off demand, rather then to increase production will for sure result in keeping us achieving our potential. How is this sound economic logic? I confess that I do not know GOI's reasoning behind this and I'm only responding to your reasons for the increase.What else can can you deduce when vehicles like creta, chip shortage notwithstanding to still command 8-10 months waiting period?
What..this is crazy that you are equating our dependence on fuel for growth is similar to a drug. Do you also equate our dependence on food and formulate policies to produce less crop yield? Do you know of one country that do not use fuel to grow their economy? I hope you or some one like you is no where near the decision making apparatus.What seems to have happened is govt has come to realisation that fuel demand has become inelastic and irrespective of prices demand will be there. Something similar to liquor and tobacco. So unless people can come out of this addiction, nothing can be done.
I have no idea what the end result will be, but the pain in certainly felt by the common man.And Modi knows this and his adminstration is exploiting this, hope to the benefit of overall development of our country.
This is so much more than a sports thread. Why even hold the match? why throw the dog a bone(apologizes in advance to all dogs). From a data collection effort on SM. Such an event has intangible value. a referendum on wokeness , on how the valley will vote , how UP will vote.... a network graph of SM handles, harvest so many whitelist and blacklist entires...AkshaySG wrote:*mods feel free to move this to Sports thread if OT*
Yes the kneeling is pretty terrible optics considering what is going on in this country but I wouldn't call BCCI pro commie just for that, There's been just as many instances of BCCI and the team coming out pro government or pro Modi for that matter, Christening the stadium as Modi stadium in Ahmedabad, cricketers Coming out against the toolkit and enforcing Indian sovereignty, Putting pressure on other countries to stop touring Pak etc etc
As much as Indian Cricket has improved over the past few decades we're not some invincible force of nature that can never be defeated.
All these calls for match fixing every time India loses 1 game is honestly just weird.
If we can go wild after the unrealistic comebacks at Lords and Gabba then we should also be able to swallow a loss like yesterday
Its not even that hard to figure out why we lost some of these games, Indian batsmen always have issues with the moving ball especially from a left arm quick and they rarely face quality Left arm pace to overcome that.
New Zealand and Pak have exploited that weakness multiple times in the past few years and we have lost some important games.
Man doesnt survive on bread alone. You want people to remain in India and thrive, you've to allow them the capacity to enjoy their existence. Or anyone who gets a decent level of skills will emigrate.ritesh wrote:
My guessimate is that at least 1 in 2 car owners indulges in such kind of leisure activity in varied frequency, to the overall detriment of our economy which is 70% dependent on oil imports.
+1.Karan M wrote:Man doesnt survive on bread alone. You want people to remain in India and thrive, you've to allow them the capacity to enjoy their existence. Or anyone who gets a decent level of skills will emigrate.
chetak wrote:next week (Oct 31st) in lund-on, at the queen elizabeth centrenandakumar wrote:A naive question. Where exactly are they going to conduct the referendum? In Southall's London?
Karan, my limited point was about people only adding to import bill while seeking speed thrills and leisure travelling.Karan M wrote:Man doesnt survive on bread alone. You want people to remain in India and thrive, you've to allow them the capacity to enjoy their existence. Or anyone who gets a decent level of skills will emigrate.ritesh wrote:
My guessimate is that at least 1 in 2 car owners indulges in such kind of leisure activity in varied frequency, to the overall detriment of our economy which is 70% dependent on oil imports.
New Delhi: India has revoked long-term visas of some of the Indian-origin foreign nationals and also cancelled OCI cards of those who were allegedly involved anti-India activities.
Highly-placed sources while confirming the development told Zee Media that the Indian diplomatic missions have been keeping close tabs on anti-India activities of some overseas Indians.
Some of the members of the Indian diaspora reportedly registered their resentment against India over the three contentious farms laws.
Sources confirmed that the diplomatic missions are keeping an eye on Indian-origin students who get involved in abusive protests outside the embassies and high commissions situated in various foreign countries.
It is pertinent to mention that a few dozen such individuals were already blacklisted by India for indulging in anti-India activities.
Sources confirmed that in the event such people travel to India, they will be expatriated from the airport.
vijayk wrote:Another insightful article from Suraj ...
https://swarajyamag.com/politics/left-r ... under-modi
'Left-Right' Vocabulary Cannot Define Hindutva; Nor Can It Describe The BJP Under Modi
India needs another stringent law against Indian citizens (holding Indian passport) indulging in anti-India activities abroad. There are quite a few of these who go to Western countries to give speeches against India. These mercenary opportunists should have passports confiscated. In Singapore, such people would have been whipped on return.Ashokk wrote:Long-term visas, OCI cards of those indulging in anti-India activities revokedNew Delhi: India has revoked long-term visas of some of the Indian-origin foreign nationals and also cancelled OCI cards of those who were allegedly involved anti-India activities.
Highly-placed sources while confirming the development told Zee Media that the Indian diplomatic missions have been keeping close tabs on anti-India activities of some overseas Indians.
Some of the members of the Indian diaspora reportedly registered their resentment against India over the three contentious farms laws.
Sources confirmed that the diplomatic missions are keeping an eye on Indian-origin students who get involved in abusive protests outside the embassies and high commissions situated in various foreign countries.
It is pertinent to mention that a few dozen such individuals were already blacklisted by India for indulging in anti-India activities.
Sources confirmed that in the event such people travel to India, they will be expatriated from the airport.
Can you possibly elaborate on why you feel development agenda “alone” won’t suffice in 2024?Cyrano wrote:Delivering on a development agenda is a thankless job. That alone will not suffice in 2024. There needs to be a strong emotional factor that can hold together the majority stock as well.
Does anybody think that this is all about getting editorial control over WION channel? Any other explanation?CNBC-TV18 Retweeted
Yash Jain
@YashJain88
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15m
Zee Ent-Invesco matter At NCLT
Janak Dwarkadas, Counsel, OFI Global China Fund
Will probably going for an appeal against Bombay HC order
Will get back to #NCLT once appeal is filed
NCLT Adjourns Hearing In #Zee Ent-Invesco To Nov 16 For Directions
BJP and RSS were behind Captain's win in 2017: SAD Leader Sukhbir Singh Badal.
Good move. But a litmus test: is Siddharth Varadarajan's OCI revoked?
This is sadly lost on many here. Elections are 80% won on the back of economy and 20% on everything else. The monthly blasts, the shameful capitulation against pakis post 26/11, even thousands of crores in massive scams from 2G to Coal is not why the UPA was booted out, they got booted out because of a rapidly sinking economy and a runaway inflation which nearly lasted 8 yrs. UPA would have lost in 2009 too had it not been for all the global stimulus during the great recession rushing in to prop up the markets and not to mention BJP put a very lackluster campaign.Aditya_V wrote:See I think most on BRF can afford these inflated Petrol/Diesel prices, and related Inflation, but the bottom line is that there are enough voters affected by High Gas, Petrol Diesel prices, with something as crucial as UP elections coming up- I hope BJP have plan, either compensating Farmers properly etc.. Subsidy for gas is distributed correctly.
This is an emotional issue which has been handed over to the Opposition, I know with Central Govt loosing 5 Lac crore revenue in FY20-21 and States using GST Compensation Cess to make the Central Govt make up their losses, but through reducing Covid Excise 11 Rs. and hopefully global price cooling and Indian rupee appreciation. That this emotive issue can be handled.
At the end of the day when people are in economic stress they will vote out the incumbent Govt- especially poor and Lower Middle class who form the large section of the voters today.
Ambar wrote:
This is sadly lost on many here. Elections are 80% won on the back of economy and 20% on everything else.
When the world is grappling with supply side issues the last thing you want to do is take decisions which adds more to the cost. When a litre of petrol costs Rs 113, a crate of brown eggs now costs over Rs 400, bread is Rs 45/lb and dal hovering close to Rs 150/kg, a politician arriving at a rally in a cavalcade of gas guzzling big SUVs and talking about how great things are for "aam junta" is bound to backfire bigly.
There's one more albatross around Modi's neck which is bound to cause him trouble before 2024 and its the bloated stock market. The sensex is in a spectacular bubble territory and it is downright scary turning on any Indian business channels on TV and listening to the "market gurus" cheerleading more and more investors to dive in. The valuations are so out of whack that when the eventual pinprick will hit the giant balloon it is the middleclass as usual which will be left holding the bag. SEBI , RBI and the FM as usual seem unruffled but that's hardly surprising. When the inevitable does happen they'll all walk away pointing at the long, white bearded guy.
It is good that these people are speaking out openly. Freedom of speech is a wonderful thing indeed.chetak wrote:can you believe that this woke ahole was until recently a part of the NITI aayog and is now allegedly at harvard.
was it the Modi govt that hired him without even the barest minimum of cursory checks or are there woke gaddars embedded in NITI Aayog as well
Anubhav Singh@lucifer_damned
Dalit, Development Economics @Harvard, IR @FletcherSchool - Focus on Middle East & South Asia. Part time Physicist. Dialectical since 1917. Formerly @NITIAayog