Paul Koshy Profile picture
Jul 20 6 tweets 3 min read
@nsitharaman and @narendramodi have heralded a blitzkrieg on the economically poor majority of India by raising GST on essential items, even as inflation and unemployment rises to all time high.
Even the middle class is suffering wage cuts, delayed salaries, allowance loss etc.
The GST council does constitute representation from all states, but the carnage we see here is directly attributable to the #ModiGovt

Here are the reasons :
*The vote of the Central Government shall have the weight of one-third of the total votes*

*The votes of the State Government shall have the weight of two-third of the total votes, cast in the meeting*
Imagine the total members in the Council are 99.

A single vote of the Central Government has a weightage of 33.

Only balance is with all the state Governments put together.

17 out of a total of 31 states are ruled by BJP/NDA Combine.

J&K is under President's rule
States like Telangana, Odisha always vote with the NDA policies because of their dependence on Central assistance.

2 states with AAP too votes in favor of BJP.

Congress has just 2 states. In Jharkhand and TN, it shares power.
Congress has just 2 states. In Jharkhand and TN, it shares power.

This 21 out of 31 states are under NDA control. Add to that 1/3rd weightage of votes with #ModiGovt

That's why these decisions of GST Council are attributable singularly to @narendramodi, @nsitharaman and #BJP

• • •

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

Keep Current with Paul Koshy

Paul Koshy 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!

PDF

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 @Paul_Koshy

Jul 18
Gujarat's inequality levels have been rising since 1993-94, when its cumulative Gini index (both for rural and urban areas) was 0.279. This was the time when Gujarat began implementing the new economic policy. Image
Shockingly, the state’s infant mortality rate is worse than Jharkhand; it also has the fourth lowest teacher student ratio in the country.
According to the 2011 Census, poverty rate in Gujarat is 16.63 per 1 million people. Image
What is even more striking is that wages in Gujarat were also lower than the all-India average, suggesting that its performance in this regard was much worse than states that are much poorer.

So, while Gujarat’s per capita income was around 20% higher than the per capita income
Read 9 tweets
May 12
As per India's Quarterly External Debt Report for quarter ended December 2021, the country's external debt was placed at USD 614.9 billion.

India's foreign exchange reserves is currently at $ 607.3 billion
In absolute terms, the external debt due in 2022 amounts to $273.0 billion. accounting for 43.1 percent of the foreign exchange reserves as on December 31.

India needs $620 Billion just to meet it's merchandise imports over 12 months
India's oil imports bill doubled to $ 119 Billion in 2021-22 up from $62.2 Billion in previous year.
The double whammy impact of this can be seen upon 2 aspects. USD was ₹73.2 on 31st March last year compared to ₹76.53 same date this year

Crude Oil rose from $ 63.52 to $100.28
Read 7 tweets
Mar 15
Dear @RahulGandhi @priyankagandhi

#Congress can still do well in the #GE2024

Opposed to views of dissent from within and outside, its your leadership alone that can make it work for Congress.

Because to a large extent the new strategy is intra party.

Let me make a few points
1. Core Values

As long as India remains a multi Party Democracy with the right of franchise to every single citizen, the relevance of ideology, principles, and credentials of the Congress party will stay relevant.

We DO NOT Compromise or amend any of it.
2. Voters Stake

We need to communicate Loud and Clear about what stakes Voters have with the Congress.

Like in a Fixed Deposit, or an Life Insurance policy, the Voter too should know exactly what to expect during the 5 years tenure of his vote from the Congress Governments
Read 8 tweets
Mar 13
Peace is not the absence of war, but that of violence: it is an everyday affair.

Realpolitik reasoning threatens to make political idealism seem naive & irrelevant.

But a sole focus on national safety, it should be easy to see, diminishes one's sense of belonging in the world.
Dreams of a peaceful world make for the richer moral stance: social interdependence goes beyond national territories and a future for humanity is inconceivable without worldwide cooperation.
It is this tradition that seems to have evaporated in recent years.
Nehru's humane vision of non-alignment and world peace generated idealism both outside and inside the country.

Nehru had sought to create a political culture that disapproved of military of world peace and enlargement of human freedom."
Read 4 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

Don't want to be a Premium member but still want to support us?

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

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(