It was the night of 19th Jan, 1990.
Thousands of families in the bylanes of downtown Srinagar finished dinner and snuggled with their Kangris to beat the cold.
It was a night like countless ones this city of 7 bridges had seen for the hundreds of years that it has existed.. 1/2
Starting as a murmur, it rose to a crescendo...a mix of frenzied emotion and savage beastliness..."ai kaafiron, Kashmir hamara chhod do"
The loudspeakers blared nonstop..an azaan of terror, a blood lust that called for a Kashmir with Hindu women, but without their men... 2/3
Jun 14, 2021 • 4 tweets • 1 min read
Some officials arguing for India to sign new liberal trade pacts.
Before that, pls delve into history and sectors like semiconductors where India was an early starter by 1984.
A mysterious fire in 1989 & misguided policies post 1991 destroyed the dream.
Atal ji tried...
Semiconductor Complex Ltd, Mohali was India (& South Asia's) only web foundry.
China was nowhere then.
SCL was stellar example of state & centre coop.
Punjab gave land for 1 ₹ to SCL and took away project from Trombay.
Who burnt SCL?
Why did GoI take years to rebuild it? (2/3)
Feb 25, 2021 • 5 tweets • 4 min read
Details of the #SocialMedia guidelines and code of ethics announced by India.
Not a tweet from Omar Abdullah, whose father fled to London as Kashmiri's were being massacred, or PDP's Mehbooba Mufti
Few realize why Kashmiri Hindus mark 19th Jan, 1990 as their Day of Eternal Sorrow
Over 300 Hindus had ALREADY been massacred PRIOR to Jagmohan's arrival in Srinagar as J&K Governor that fateful day
JKLF & Hizb terrorists used mosque loudspeakers to urge people to rebels
Jan 13, 2021 • 8 tweets • 4 min read
He was famously called 'Mamata's Billionaire' by a news magazine.
Others called him 'Mamata's Moneybag'.
He used to fly in the sky only in private jets and drove around in snazzy, customised cars on land. (Incidentally, the car designer was arrested recently in an unrelated case)
The family loves cars...really, really digs a fancy set of wheels!
Chandigarh residents would recognise the car in the images below - the super high-end 2008 Arancio Atlas (Pearl Orange) Lamborghini Murcielago LP640 coupe.
Nov 18, 2020 • 8 tweets • 2 min read
Since a Congressman is critical of India's move to not join China-backed RCEP treaty, here's a reporters memory on an Indian commerce ministry led delegation to Pakistan via Attari-Wagah in Feb 2012.
It was supposed to be a historic, breakthrough visit in which Pakistan...(1/2)
..was to bestow Most Favored Nation status on India (we had already granted MFN to Pakistan & imposed no formal trade restrictions on them)
The 80+ Indian delegation was full of excitement. After all, it was the 1st visit by an Indian commerce minister in over 3 decades....
Jun 29, 2020 • 6 tweets • 2 min read
Unfortunately, some of the crappiest comments on the impact of the #chineseapp ban are from some very experienced analysts & commentators in India.
Come on, folks!
Pause, think, reflect before you vomit all that ignorance out of your guts!
China BANS every app from overseas!
The Chinese economy has been BUILT on denying market access. Ask FB, ask Twitter, ask Google, ask so many others!
China's BAT economy (Baidu, Alibaba, Tencent) copied successful US & Western co biz models. What wasn't copied, was pilfered.
China blocks access to its mkt& users.
Jun 20, 2020 • 7 tweets • 3 min read
Govt says attempts being made in some quarters to give a mischievous interpretation to remarks by the Prime Minister at the All-Party Meeting (APM) yesterday.
PM’s observations on no Chinese presence on our side of LAC pertained to situation as a consequence of the bravery of our armed forces.
“Those who tried to transgress our land were taught a befitting lesson by our brave sons of soil”, summed up ethos & values of our armed forces.
Jun 10, 2020 • 8 tweets • 3 min read
Thread on what I call 'Project Deep Eyes':
•Even as talks continue with China to further deescalate at the LAC, it bears repetition that India does not go around grabbing territory.
•It is China which has a history of incursions.
•So, how do we preempt these incursions? (1/8)
Recall the latest standoff at 3 points in Galwan Valley & near Pangong Lake, East Ladakh.
Initiated by China's PLA mid-April, the incursion, Indian Express alleges, caught us napping.
But, how could ITBP & Army have got early warning of China’s dirty designs on the LAC?
Jun 8, 2020 • 4 tweets • 4 min read
Here's a sample of social media posts by several Kashmiri Muslims celebrating the cowardly murder of a 35-year old Hindu earlier today.
•His family believed in 'Kashmiriyat'.
•He was 5 years old in 1990 when hundreds of other Hindus were killed similarly in Kashmir.
This is the blood of the Hindus of Kashmir.
•It has spilt long.
•It has spilt too much.
•The terrorists call him a political leech, a stooge & the favourite canard to describe a hapless minority person in Kashmir - a "collaborator".
This is exactly what they said in the 90's.
May 17, 2020 • 11 tweets • 6 min read
Insolvency & Bankruptcy Code:BIG
●Debts related to #Covid_19india will be excluded from default under IBC
●No fresh insolvency proceedings for 6 months (1yr)
●Special insolvency framework for MSMEs u/a 240A
●Minimum threshold for MSME insolvency raised to Rs 1Cr via Oridnance
●Most sections in Companies Act related to technical violations to be decriminalized
●Amendments via Ordinance to drop 7 compoundable offenses + 5 others.
4th package focusses on measures for self-reliant India.
☆"We are not looking inwards. Its about making India strong to face global challenges."
☆"Policy simplification, decongesting sectors for necessary growth boost. Deep systemic reforms".
FM says not a single phone call to banks (from anyone in govt) seeking loans for someone since 2014.
Structural reforms is focus of 4th economic package.
Fascinating details from a Reliance Industries (RIL) corporate presentation on the behemoth.
Thread on highlights from "New Reliance for a New India" for investors feeling left out after recent Jio deals with FB etc (the prospects of great returns will be tantalizing).
RIL's Oil-to-Chemicals (O2C) is world class platform & most profitable biz. Past investments make O2C biz future-proof.
Consumer biz rapidly scaled up to mkt leadership in 5 years, with 2x EBITDA growth. $23.4bn cash & equivalent.Imprvd cash flow gen=greater shareholder benefits.
Apr 27, 2020 • 9 tweets • 2 min read
3 senior IRS officers issued chargesheets, for creating policy uncertainty & panic by unauthorisedly publishing tax hike report and misguiding younger officers
Chargesheets under Rule 14 of CCS (CCA) Rules, 1965 for violation of CCS (Conduct) Rules, 1964.
Officer divested of current responsibilities. Action taken by CBDT in view of their role and complicity in the preparation of the “tax hike” report named ‘FORCE’ which was being circulated and widely covered in media since Apr 25.
Apr 26, 2020 • 5 tweets • 2 min read
@FinMinIndia sources say the IRS Officers tax hike report is ‘irresponsible’. An explanation has been sought for the "ill-conceived report" by a group of officers through IRS Association giving suggestions on increasing taxes, etc in difficult time of Covid-19 pandemic. (1/2)
Releasing the report in media via IRS Association Twitter & website is ‘an irresponsible act’ of a few officers.
"Neither IRS Association nor any group of officers were ever asked by the Govt to give any report. It was not even part of their duty to prepare such a report." (2/3)
Apr 12, 2020 • 4 tweets • 3 min read
@DIPPGOI writes to MHA proposing unclocking industrial activity in many sectors like heavy electricals, steel, cement, defence etc.
Also suggests allowing ALL transport vehicles of all sizes, inter-State, intra-State, intra-city, empty/full without Q's.
DIPP seeks free movement of all vehicles, manpower for continuing activities permitted so far by MHA.
"We are facing a lot of problems on this and very clear reiteration of the MHA stand to allow free movement of vehicles and manpower in these sectors needs to be done": @DIPPGOI
Mar 24, 2020 • 8 tweets • 2 min read
Many Indian consumers, staring at personal loan repayment defaults, to need help.
1.Waive interest & penalty for 3-6 months 2. Extend term correspondingly. 3. Reset interest rate. 4. No foreclosure or recall.
(For personal loan categories, barring credit cards)
Create NEW consumer demand:
*Purchase of home <2000 sq.ft super area:
Offer one-time tax deduction on down payment (up to 20% of cost) for home loan taken via all banks.
Scheme period: Apr-Sep 2020
100% deduction on amount paid from FY21 income tax liability of purchaser. (2/3)
Aug 10, 2019 • 5 tweets • 2 min read
"Pakistan has given up on azadi & shut the door on us. Resistance will now be a futile exercise"
That is the sense of the street in #Kashmir even as there is visible disappointment about the perceived loss of the special status. "Modi has shocked & surprised Pakistan again" (1)
Small demonstrations have happened, injuries & two deaths claimed. Yet, consensus gaining ground in #Kashmir that no major flare up will happen as #Pakistan has been rendered incompetent to do anything."UN jaane se kya hoga? UN toh Srinagar mein itne saal se!"