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Rishi Bagree Profile picture
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13 Sep, 4 tweets, 1 min read
During UPA time Praful Patel gifted all Air India's profitable routes to Emirates. And to make things worse then PM Manmohan Singh forced them to buy 68 planes instead of 28 taking huge debt, without any revenue plan.

Today Air India has Rs 77000+ crore accumulated losses
Modi govt spent Rs 30000 crores in last 7 years on Air India just to service the huge debt left by UPA.
If Air India gets privatised the loses will also get privatised and the money can be used for welfare activities like healthcare and education.
2013 Article : How Air India was destroyed by UPA govt ?

moneylife.in/article/how-ai…
Important Findings in due diligence of Air India Image

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More from @rishibagree

Rishi Bagree Profile picture
7 Sep
There was hardly a need to file an RTI about this. Govt has been very transparent about the oil bonds repayment. While he is only looking at principal payments, he has forgotten the interest: about Rs 70,000 crore was paid as interest between 2014-21.
theweek.in/news/biz-tech/…
The Rs 1.3 lakh crore of oil bonds the Modi Govt inherited has to be paid back on an annual schedule till 2025-26. Over and above this, the govt has to also pay Rs 37,340 crore as interest over this period. Taken together, the govt has to repay nearly Rs 2.4 lakh crore.
To say taxes are more than enough to pay for oil bonds means he does not understand govt finances at all. Oil bond payments place a burden on govt finances when it has to increase spending on essentials like free food & free vaccines worth Rs 3 lakh cr
financialexpress.com/economy/free-g…
Read 8 tweets
Rishi Bagree Profile picture
5 Aug
With 'The Taxation Laws (Amendment) Bill, 2021", Govt buried the ghost of retrospective taxation.

Amends Income Tax act, retro tax demand nullified.

Much needed step. Will boost industry confidence.
Modi govt still correcting the mistakes of the UPA govt. Image
This was a much needed step needed to restore confidence among foreign companies investing in India. Retro tax goes against the basic principle of fairness and violates all bilateral and multilateral trade treaties Image
In most of the cases India has lost arbitration cases in international courts. And they were on verge of seizing and overseas Indian assets to recover their dues. Image
Read 4 tweets
Rishi Bagree Profile picture
17 Jun
This is new AIIMS Nagpur complex

Announced in 2014
Established in 2018

AIIMS Nagpur played a very significant role in tackling the second wave of #COVID19 in the region
This is new AIIMS Vijaypur Complex in Jammu and Kashmir.

The foundation stone of this institute was laid by PM Narendra Modi in February 2019.
AIIMS Rae Bareli :
Approved in 2009, the project was delayed over land acquisition which finally took place in 2013.
The Yogi Govt expedited work on the project in 2018.
The residential + OPD blocks have been completed and the medical college is on the verge of completion.
Read 12 tweets
Rishi Bagree Profile picture
22 May
New Parliament Building Cost

UPA Govt - Rs 3000 Crores
Modi Govt - Rs 861 Crores

-----------------------------------
New Parliament Building Built up Area

UPA Govt - 30000 sq ft
Modi Govt - 65000 sq ft

A saving of Rs 2100 crores and addition of 35000sq ft area
The plan for new parliament was already in place in 2012 when congress was in power. Today they are objecting to it as they are not getting Rs 2100 Cr Commission.

Here is the 2012 news article/tweet

Letter from 2012 archives
Lok Sabha Speaker was Congress MP Meira Kumar.
Read 4 tweets
Rishi Bagree Profile picture
3 May
Bengal Election 2021 Analysis :

TMC was ahead in every Phase.
In last two phases BJP vote share crashed while TMC vote share spiked. Image
In Kolkata all 16 seats were won by TMC.
That was the extend of whitewash BJP got Image
TMC swept the Hindi speaking Belt In West Bengal, a region where BJP was expected to perform well. Image
Read 10 tweets
Rishi Bagree Profile picture
30 Apr
Never Forget , Never Forgive these vultures
These Congress Vultures will rejoice every tragic death now
For those who supported her when she got convicted for inciting riots
Read 4 tweets

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