Friday 14th of February 2025

Follow Us

Breaking News

Talk of Viksit Varat is a 'jumla', an attempt to divert attention : Congress

 NEW DELHI: Congress leader Amitabh Dubey on Saturday alleged that the government's claim to make India developed by 2047 is a 'jumla', because this target cannot be achieved with the current policies of the government and the current rate of economic growth.

In a conversation  he said that the announcement of income tax relief is just an attempt to grab headlines, while there is nothing in the budget for a large section of the middle class and the poor.

Dubey, in-charge of research matters in the communication department of the Congress, said, "The recent GDP figures show that there is a slowdown in the economy. This figure is less than six percent. We need an economic growth rate of eight percent to make India developed, but we are far away from that." He said that there is a slowdown in the manufacturing and export sectors.

 

 Dubey said, "Income tax relief has been talked about in the budget, but this will only affect 25 percent of the middle class, but what about the bottom two-thirds of the people who do not pay income tax... the government only wants headlines."

He said that this budget is an example of the government's bankrupt thinking and its pro-rich policy. On the question related to the goal of developed India, Dubey said, "Talking about developed India is an attempt to divert attention. This government first talked about India being developed by 2022, but now they are talking about 2047." He alleged that talking about developed India by 2047 is a slogan. Dubey said, "There is a need to change the policies. We all want a developed India, but their policies are wrong. To make the country developed by 2047, at least eight percent growth rate is needed every year."

Related Business News

Finance Minister Sitharaman tables new Income Tax bill in Lok Sabha

 NEW DELHI: Finance Minister Nirmala Sitharaman introduced the new Income Tax Bill, 2025, in the Lok Sabha on Thursday as part of tax reforms aimed at streamlining and simplifying provisions to make them easier to understand and reduce the scope for legal disputes. The legislation will replace ....

Mongolia's inflation rate climbs to 9.6 pct in January

 Mongolia's inflation rate, as measured by the Consumer Price Index (CPI), rose to 9.6 percent in January, up from 9.0 percent in December 2024, local media reported on Thursday, citing official data by the country's National Statistics Office (NSO).  This represents a 2.0 percentage-point....

Rupee on historic decline! Falls 45 paise to Rs 87.95 per dollar

 The rupee fell 45 paise to a record low of 87.95 per dollar in early trade on Monday amid the strength of the US currency in foreign markets and a negative trend in domestic stock markets. Forex traders said the dollar index reached 108 after US President Donald Trump announced a new 25 percen....

RBI cut in repo rate to 0.25%,loan EMI to come down

 MUMBAI: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced a reduction of 0.25 percent in the repo rate. The reduction in repo rate has a direct impact on the interest rates of loans and everything from home loans to car loans becomes cheaper. The repo rate has been reduc....

Budget 2025:No words like inflation and unemployment from Finance Minister: Shashi Tharoor

 Senior Congress leader Shashi Tharoor on Saturday termed the Union Budget presented by the finance minister Nirmala Sitharaman as 'disappointing' and said that it only tried to woo voters in Delhi and Bihar, which showed the Bharatiya Janata Party's (BJP) 'short-term thinking'. He said that a ....

Links
Contact
Editor :
Jagadananda Pradhan
Email :
fastmail@yahoo.com
For Ads :
fastmailads@gmail.com
Ph : (+91)6764295999
Contact Us
© 2025 Fast Mail Media Pvt Ltd. All Rights Reserved.
Powered by : FM Media Pvt Ltd.
Developed by : Futuradept Tech