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Sunil Jain Profile picture
@thesuniljain
Oct 1, 2020 • 5 tweets • 2 min read • Read on X
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Economy getting back to normal @SubramanianKri @nsitharaman
@SubramanianKri @nsitharaman

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More from @thesuniljain

Sunil Jain Profile picture
Jan 26, 2021
This is why negotiating with the farmers was always going to be an uphill task
They commit to one thing and then enough of them break rank and then push another demand
This is a hydra-headed monster we're dealing with and it is feeding upon the sympathy that many are giving it
I wonder if all the supporters of the farmers are feeling slightly ashamed of what they have unleashed
@capt_amarinder @RahulGandhi @INCIndia

Any blackmailer with force now has a copy book on how to cripple a government, Dear Supreme Court and others
Happy Republic Day!
What all the worthies who defended the farmers and blamed @narendramodi for 'rushing' the Bills without any discussion need to ask themselves is whether the blackmail by PamperedPunjab farmers would have stopped if there was more discussion in Parliament?
Read 8 tweets
Sunil Jain Profile picture
Jan 11, 2021
Now that Supreme Court will suspend @narendramodi farm laws till a panel it sets up decides the way forward, what are other laws -- including tax ones -- we can get suspended?
Just keep in mind that, to be successful, we need to b able to gherao capital, so need tractors, etc
If agitating Punjab farmers don't go back home once SC suspends @narendramodi farm laws,will SC ask its police to force them out of Delhi? Oh wait, SC doesn't have its own police force!
& if farmers or govt don't agree to panel reccos? Will India be run by SC's panels now?
#THINK
Supreme Court setting a dangerous precedent in wanting to put new farm laws in abeyance says @sarthakray

Disgruntled groups, with enough clout to gherao Delhi, can now challenge any law and get it kept in abeyance
financialexpress.com/opinion/suprem…
Read 13 tweets
Sunil Jain Profile picture
Dec 23, 2020
Apart from fact that late @arunjaitley had said court/arbitration awards would be respected as solutions to the @INCIndia retro-tax, Cairn case was examined by govt on many occasions prior to late #PranabMukherjee's retro tax, and issue of tax dues never raised Image
Delhi HC ruled against this last year,but taxman said Swiss firm Xstrata’s arbitration award against Dalmia Bharat was a 'windfall gain', as in lotteries, betting etc Was taxman admitting enforcing arbitration awards in India is a matter of luck, a lottery? Image
Unfortunate that India has challenged @VodafoneGroup arbitration award.
Confirms India has no respect for global arbitration & that contracts have ZERO sanctity @narendramodi
And why did late @arunjaitley promise that he would go by what courts/tribunals ruled on the cases?
Read 5 tweets
Sunil Jain Profile picture
Dec 23, 2020
MASSIVE WIN for @CairnEnergy though the markets seem to be confusing this with @CairnOilandGas which is a @VedantaLimited firm and had bought CairnEnergy's India business
Now to see if @narendramodi govt will pay $1.2bn damages
India's CREDIBILITY at stake
As in the @VodafoneGroup case, in the @CairnEnergy case too, the award was unanimous
that means even the arbitrator that the Indian government nominated voted against India
Apart from fact that late @arunjaitley had said court/arbitration awards would b respected as solutions 2 @INCIndia retro-tax, Cairn case was examined by govt on many occasions prior to late #PranabMukherjee's retro tax, and issue of tax dues never raised

financialexpress.com/opinion/govern…
Read 4 tweets
Sunil Jain Profile picture
Nov 30, 2020
The @capt_amarinder @RahulGandhi farmer agitation is about politics,not farmer rights!
Punjab is HUGELY pampered--almost all wheat/rice brought to market is procured at MSP versus 10-20% for UP and even less for others.Yet, state agri GDP growth collapsing financialexpress.com/opinion/this-i…
.@narendramodi be fair to ALL states, DIVIDE annual FCI-spend equally
Why should Punjab get so much FCI money when UP or other states produce more?
This is not a farmers' agitation, it is a Punjab agitation, critical to @INCIndia survival
@capt_amarinder can be next Cong chief✋
.@capt_amarinder @INCIndia @RahulGandhi DELIBERATELY distorted @narendramodi farm laws to suggest MSP being abolished
If any violence takes place,the CM is to blame
Even by the standards of politicians, this is a new low
BTW, MSP is KILLING Punjab, look at water table, salinity
Read 15 tweets
Sunil Jain Profile picture
Sep 27, 2020
Dear @nsitharaman @narendramodi, cesses are unfair to states as it deprives them of taxes @DrAmitMitra @SushilModi. Also, as CAG says, cesses are mostly misused since they are not used for what they were earmarked for.
Parliament should examine the issue financialexpress.com/opinion/cess-a…
.@pksahu9 has details of how much cess was diverted
Various @FinMinIndia secretaries must explain how this happened especially since CAG repeatedly reported this @nsitharaman @narendramodi
And y did other secretaries keep quiet when money was diverted?
#OilCess #TelecomFund etc Image
Put another way, had there been no cesses in the FY21 budget and these were replaced by taxes, based on the budget estimates, the states would have got Rs 1,25,000 crore extra @DrAmitMitra @SushilModi

@nsitharaman @narendramodi
Read 4 tweets

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