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Paul Koshy

@Paul_Koshy

May 9

The people of #Karnataka have decided to give the mandate to #Congress party to Govern the state for the next 5 years.

Higher voter turnout will advantage the party even further.

#Women #Youth #Lingayats and socially marginalized classes are favoring Congress.

The fight in Bagalkot District is largely Congress versus BJP in the 7 constituencies - Mudhol (SC), Terdal, Jamkhandi, Bilgi, Badami, Bagalkot and Hungund.

The #Congress wave is strong here. The projection of 5 seats for Congress out of 7 is a new high

Five of the constituencies in the district are dominated by Marathas, while Lingayats form a majority in most of the 13 remaining constituencies.

The tectonic shift of the Lingayat voter base from BJP to #Congress is responsible for that Party to gain from a region.

Read 24 tweets

Paul Koshy

@Paul_Koshy

May 7

More than 40% of the wealth created in the country from 2012 to 2021 had gone to just 1% of the population while only 3% had trickled down to the bottom 50%.

The wealth held by the top five percent is 61.7%, nearly 20 times greater than the 3% held by the bottom half.

An Indian earning a monthly wage of Rs 25,000 is among the top 10 percent of earners in the country.

The average income of 90% of Indians is ~Rs 12,000 per month, and for the bottom 50% (which is 600 million people), it is Rs 4500 per month.

The richest have cornered a huge part of the wealth created through crony capitalism and inheritance.

The top 10% of the Indian population holds 77% of the total national wealth.

Read 14 tweets

Paul Koshy

@Paul_Koshy

Mar 3

The Election Commission of India is an autonomous constitutional authority responsible for administering Union and State election processes in India.

It administers elections to the Lok Sabha, Rajya Sabha, State Legislative Assemblies and President & Vice President of India

Holding periodic, free and fair elections are essentials of a democratic system and a part of the basic structure of the Constitution.

The commission issued the Code of Conduct for the first time in 1971 for the 5th Lok Sabha elections and has revised it from time to time.

It lays down guidelines for the conduct of political parties and candidates during an election period.

The code does not have any specific statutory basis but only a persuasive effect.

It contains the rules of electoral morality.

Read 10 tweets

Paul Koshy

@Paul_Koshy

Mar 3

The Finance Commissions is periodically constituted by the President of India under Article 280 of the Indian Constitution to define the financial relations between the Union government & the individual state governments.

India-Union of States strengthens from this collaboration

Finance Commission is required to make recommendations on:

(i) sharing of central taxes with states, (ii) distribution of central grants to states
(iii) measures to improve the finances of states to supplement the resources of panchayats and municipalities
(iv) any other matters

The finance commission consists of the chairman & 4 other members. The Chairman should have had public affairs experience.

The Parliament determines legally the qualifications of the members of the Commission and their selection methods.

Read 8 tweets

Paul Koshy

@Paul_Koshy

Mar 3

Humans are just another species on Earth. Ask any other animal, bird, fish or reptiles... and they will confirm this.

Just as fish eats fish, animals eat animals, humans too get their nutrition similarly.

#BJP has to withdraw it's anti-beef rhetoric
indianexpress.com/article/india/…

Stray Cows are a serious problem after the ban on slaughter

The so called cow shelters and the Government money budgeted for the same is now a scam. The money is pocketed by politicians and used to finance lynching by Cow Vigilante

Milk diary owners,farmers whose bullocks plough their fields-pull carts, finance purchase of new cattles by selling their ageing ones

With the money they get by selling to the trader, they add a bit from their own and buy the next pair

That cyclic economy came to a standstill.

Read 5 tweets

Paul Koshy

@Paul_Koshy

Mar 1

Dear India

This thread is about India's fiscal deficit.

Fiscal deficit is calculated by deducting total receipts from total expenditure.

The deficit occurs when the Govt spends more than it earns.

आमदनी अठन्नी खर्चा रुपय्या

During the 10 months of FY 2022-23 Govt is falling short by 11.91 Lakh Crores against the expenditure that it has made.

Revenue (~Income) deficit, against revenue expenditure widened to Rs. 6.78 Lakh Crores

Controller General of Accounts released the below data for the first 10 months of FY 2022-23 specific to Union Government

Total Receipts Rs 19.76 Lakh Crores
Total Expenditure Rs. 31.67 Lakh Crores

Government targets to spend another Rs. 10. 2 Lakh Crores

Read 10 tweets

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