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Kiran Kumar S

@KiranKS

4 Jan

Tax daata and Anna daata case study;:

1) Basavaraj is an Engineer. Worked hard to get to manager level. Now he earns ₹21 lakh Rupees per year.
His take home salary is ₹15.75 lakh after paying ₹5,25,000 in taxes to the goverment. On top, he pays indirect taxes like GST, cess..

2) Baljit is a farmer. Worked hard on his big 12.6 hectares farm. He earns ₹15.75 lakhs per year.

Pays ZERO direct income tax. Keeps 100% of his income to himself, while enjoying many benefits from the govt in the form of subsidy, MSP..

Of course pays GST & other indirect tax.

3) Tax Daata Basavaraj who pays most of the expenses of army, irrigation, road building, police, hospitals, schools etc. with his (& company's corporate tax), is viewed with disdain,while Anna daata Baljit who pays only a fraction of tax (GST..), is glorified when blocking roads!

Read 4 tweets

Kiran Kumar S

@KiranKS

30 Dec 20

@narendramodi

1) PM @narendramodi would be remembered by the future generations as the head of a government which built the largest railway infrastructure in India, since the British left in 1947!

Read further for highlights of the super impressive #DedicatedFreightCorridor in below tweets.

2) Dedicated Freight Corridor or #DFC is a total of 2843 km in length in two branches.

1839 km Eastern DFC From Sohnewal in Punjab till Dankuni in West Bengal.

1500 km Western DFC from Dadri in Uttar Pradesh to JNPT in Mumbai, Maharashtra.

3) 70% of the freight trains currently running on the Indian Railway network, will shift to the dedicated freight corridors, creating enormous scope for new passenger trains!!

#DFC

Read 7 tweets

Kiran Kumar S

@KiranKS

29 Dec 20

A gem of an column today in #ET by Praveen Singh Pardeshi.

Some interesting numbers in below tweets on how the new #FarmLaws2020 should help the poor farmers of India big time.

...

1) 80% of India's farms are < 2 hectares. They can become richer by forming Farmer Producer Companies (FPCs).

In Maharashtra 10,000 grape, vegetable & tomato farmers work with Sahyadri Agro Farms, which directly markets their produce to Tesco in Europe. Setup cold storage too.

2) 6900 mandis of India havs monopoly to buy goods from 14,50,00,000 farmer families, and sell to 130,00,00,000 consumers!

In Karnataka, a unified agri market has already led to 5.1% increase in agri goods price, with profit margins of small farmers increasing by 39 to 159%!

Read 5 tweets

Kiran Kumar S

@KiranKS

4 Dec 20

Some observations on the #GHMCElections 2020:

1) Postal ballots heavily in favour of BJP. Almost 65% of seats had BJP leading during Postal ballot counting. Government workers are turning against the ruling party TRS. This is significant.
...

#GHMC:
2) Cong has less wins/leads than the number of fingers on its hand symbol! Remember Congress ruled undivided AP from Hyderabad for decades.

3) No more screaming of "EVM fraud". BJP increasing its tally by almost 11 fold, even on paper ballots (EVM not used due to COVID)!

#GHMCResults2020:
4) TRS won Telangana in 2014 as a reward for new state. TRS gobbled up TDP & Congress and decimated opposition. So 2018 was a big win.

Now BJP is an alternative to TRS. 2019, 2020 Dubakka & now 2020 GHMC showing results. Clearly, honeymoon period over for TRS.

Read 6 tweets

Kiran Kumar S

@KiranKS

4 Nov 20

1) In US, all you need is about a dozen big states to become the President. Even there, all you need is coming number 1 (usually 50% votes, but rarely less also will do when more than 2 contestants are there).

That means, you need to win half of these 11 states. Read on...

2) You don't need a single vote in the other 39 states (& DC)! Because winner takes it all in 48 states. So technically you can become the President with just 50% (or close) votes of 22% of states!

California 55
Texas 38
FL 29
NY 29
IL 20
PA 20
Ohio 18
GA 16
MI 16
NC 15
NJ 14
..

3) If Electoral College system is applied to India, all you needed was to win half (or come 1st) in these 6 big states. Don't need a single LS seat from other 22 states & 8 UTs! So can become PM by winning 50% (or less) of 16% of States/UTs.

UP 80
MH 48
WB 42
BR 39
TN 39
MP 29

Read 4 tweets

Kiran Kumar S

@KiranKS

29 Oct 20

@narendramodi

1) Check the five areas which PM @narendramodi highlighted in his #ET interview, as indicators of an Economic revival. His interview is full of facts, figures and optimism. Loved it!

More from his almost three page interview with ET in the following tweets.

2) PM Narendra Modi says: In spite of COVID19 pandemic, India received $35.73 billion FDI between April and August of 2020.

That is 13% higher than the same period in 2019.
#Investment
#Economy

3) Modi also said that between 1947 and 2020 (March), India got only 16,000 ventilators in working condition to hospitals.

Now another 50,000 being added in just a matter of months!

India truly changing in an #AtmaNirbhar way during a global pandemic.

Read 6 tweets

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