With the Pegasus snoopgate exposing the underbelly of those who want to grab our well earned freedom to empower themselves, it is important to see how we fared in protecting our freedoms. This is how we fared in various global freedom indices:
1. Slipped from 94 to 111 on the Human Freedom Index (we were at 75 under UPA),
2. Slipped from from 79 to 121 in the Global Economic Freedom Index and categorised as 'Mostly Unfree'.
3. Slipped from 129 to 131 in UNDP's Human Development Report.
4. Slipped from 133 to 142 in the Press Freedom Index
5. Slipped from 27th rank to 53rd rank in the Democracy index compiled by Economist Intelligence Unit.
6. Slipped 28 spots to 140th rank among 156 countries on the World Economic Forum’s Global Gender Gap index.
7. Slipped 6 ranks to rank is 86 out of 180 nations in corruption index conducted by Transparency International.
Enough said. A lot of work to protect our freedoms.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Maheshwer Peri

Maheshwer Peri Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @maheshperi

22 Jul
This is the story of Sopan Narsinga Gaikwad
1968: Sopan, aged 55 years, hailing from rural Maharashtra, purchased a plot of land through a registered sale deed. Soon he came to know that it was already mortgaged to a bank in lieu of a loan taken by the original owner.
1969: The bank issues a notice to him on default of loan by original owner. Sopan approaches the courts to enforce his rights.

1982 (14 years after purchase): A trial court issues a decree in his favour. Original owner moves court. Sopan is now 69 years old.
1987 (19 years after purchase): High court reverses the decree that favored him. Sopan is 74 years old.

1988 (20 years after purchase): Sopan moves High court against the HC order. Sopan is 75 years old.
Read 8 tweets
20 Jul
1. This statement is rich coming from a guy whose promoter survives largely on foreign capital. Here is a takedown of Essel Group, of which Subhash Chandra, a Rajya Sabha MP is a promoter and who is the owner of Zee News too:
2. In Zee Entertainment Limited, the FII/FPI holdings are 64.15% of the total equity. 568 Foreign Investors hold 2/3 ownership of the company. On the other hand, only 18 domestic mutual funds have invested and own 3.67% of equity.
3. Zee Ent. has only 3.99% equity held by the promoters. In 2018, it was 41.67%. The promoter divested much of his stake to foreign entities.
Read 9 tweets
19 Jul
10 FAQs on Pegasus in the Indian context:

1 Q. How did this expose' come about?
A. Forbidden Stories, an online website and Amnesty International had access to a leak of phone numbers of NSO clients selected for surveillance. NSO makes the Pegasus software.
2 Q. Was Pegasus investigation Targeted against India?
A. No. The investigation was done by 17 media agencies and panned across 45 countries.
3 Q. Can any one buy Pegasus software?
A. No. Only sovereign governments can buy the software. Private parties cannot buy the software.
Read 11 tweets
9 Jul
Election Commission and Fairness:

Year: June 2016
Election: Rajya Sabha seat
Electorate: 90 MLAs.
State: Haryana
Vacancies: 2 seats.
Contestants: Birender Singh (BS), a BJP candidate
Subhash Chandra - Independent; BJP support.
RK Anand - Independent; Cong+INLD support.
Round 1: The Haryana Assembly has 90 members. BS got 40 votes, Anand got 21 votes and Chandra got 15 votes. 14 votes were rejected.
Round 2: With 14 votes rejected, BS needed only 26 to win. So, BS transferred the remaining 14 votes to Chandra as he was the second option marked by BJP MLAs. Chandra thus ended up with 29 votes. The third candidate, RK Anand, stayed put at 21 votes.
Read 9 tweets
4 Jul
Any governments first responsibility is towards the larger populace and an primary weapon has been an equitable and fair tax policy. However, the Modi government has all but given this up. Here is a snap shot.
1. DIrect taxes are income tax, corporate tax and wealth tax. By having tax slabs based on income, they are seen as equitable.
2. Indirect taxes are GST, Excise & Customs. They do not discriminate. Of course, the tax slabs try to levy more on non essential goods.
3. India's direct taxes in 2019 was 11.36 lac crores or 55% of total tax receipts.
4. However in 2019, India brought down its peak corporate tax rate from 30% to 22%. This largely benefitted corporates who were profitable.
Read 9 tweets
30 Jun
The case of Ruchi Soya gets curioser. Baba Ramdev acquired Ruchi Soya with just 1100 Crores of own funds after banks wrote-off Rs. 5300 crores and further loaned Rs.3250 crores against a pledge of the same shares to complete the acquisition.
Having cost the banks, the next likely victims can be small investors. Ruchi Soya has filed a DRHP for an FPO to dilute its holdings. The pricing of the FPO is to be discovered by the market.
Here is where the trouble begins. To curb price volatality and manipulation, Sebi mandates that companies emerging from insolvency proceedings (CIRP) must have at least a 5% upfront public shareholding.
Read 8 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!