Former Finance Minister P Chidambaram calls it a “whimper” instead of being a trump card that leaves out an overwhelming majority of the poor and benefits only the land-owner class. He also rejects criticism of Congress President Rahul Gandhi’s announcement of loan waivers to farmers across the nation if his[Read More…]
Tag: Chidambaram
Modi government only knows ‘pakodanomics’: Chidambaram
New Delhi: Pointing out that the Interim Budget announced on Friday is “silent” on jobs and education, former Finance Minister P. Chidambaram ridiculed the Modi government saying all it understands is “pakodanomics”. “Two words that are missing from the Budget speech are education and jobs. In the 10 point vision[Read More…]
Chidambaram wants to know why GST goals are changing
New Delhi, Former Finance Minister P. Chidambaram on Wednesday raised questions about what caused the change in the “declared goals” of the Goods and Services Tax (GST) regime, why it was being changed. “Until yesterday a single standard rate of GST was a stupid idea. Since yesterday, it is the[Read More…]
Modi government’s plans on GST belated wisdom, says Chidambaram
New Delhi: Congress leader P. Chidambaram on Wednesday termed as “belated wisdom” Prime Minister Narendra Modis remarks that 99 per cent goods would be at 18 per cent GST and said that the ruling BJPs governance mantra is ‘leap before you look.’ In a series of tweets, the former finance[Read More…]
RBI’s credibility, reputation could be irretrievably damaged: Chidambaram
Kolkata: Assailing the Narendra Modi government for making efforts to “capture” the RBI, Congress leader and former Union finance minister P Chidambaram on Thursday said the chain of events could “irretrievably damage” the credibility and reputation of the apex bank. Chidambarm alleged the Modi government demanded Rs 1 lakh crore[Read More…]
Jan Dhan Yojana a ‘jumla’ by Modi government, says Chidambaram
New Delhi: Congress leader P. Chidambaram said on Thursday that Pradhan Mantri Jan Dhan Yojana (PMJDY) was a ‘jumla’ and “an exercise in self-deception” by the Modi government, alleging that the accounts were used to launder money after demonetisation. Addressing a press conference, Chidambaram said financial inclusion did not begin[Read More…]
ED files chargesheet against Chidambaram in Aircel Maxis case
New Delhi: The Enforcement Directorate (ED) on Thursday filed a chargesheet in the the Rs 3,500 crore Aircel-Maxis deal case naming former Finance Minister P. Chidambaram and a few others. The supplementary prosecution complaint was filed before a special court in the Patiala House Courts Complex. The chargesheet named Chidambaram,[Read More…]
HC extends interim protection to Chidambaram in INX media case
New Delhi: The Delhi High Court on Friday extended former Finance Minister P. Chidambaram’s interim protection from arrest in the INX Media money laundering case till October 25. Justice Mukta Gupta said that the interim order on protection from arrest will continue till October 25. The court was hearing Chidambaram’s[Read More…]
Chidambaram targets Modi government for dodging Rafale probe
Congress leader P. Chidambaram on Monday ridiculed the Narendra Modi government for refusing a probe into the Rafale deal after Union Finance Minister Arun Jaitley discredited former French President Francois Hollande’s revelation on the choice of an offset partner. “Truth cannot have two versions’ says Finance Minister (Jaitley). Absolutely correct.[Read More…]
Government’s measures to stop depreciation of rupee ‘half-hearted’: Chidambaram
New Delhi, Sep 15 (IANS) Senior Congress leader P. Chidambaram on Saturday said the Narendra Modi government’s five measures to stop further depreciation of the rupee and widening of the current account deficit (CAD) were “half-hearted and too late”. “Government’s five “measures” announced yesterday are half-hearted and too late. Because government[Read More…]
Do not agree with anti-sacrilege bills passed by Punjab: Chidambaram
Congress leader P Chidambaram on Friday said he was a liberal and did not agree with the anti-sacrilege bills recently passed by the Punjab Assembly. The former home minister, however, added that his views were “irrelevant” as he was not PunjabChief Minister Amarinder Singh’s “boss”. He said it was not Singh alone, but a number of legislators from almost all the parties in[Read More…]
Back series GDP calculation proved UPA years best: Chidambaram
Former Union Minister and senior Congress leader P. Chidambaram on Saturday challenged Prime Minister Narendra Modi’s government to match up with the UPA’s GDP rate in its fifth year and said that back series calculation of GDP has proved that the best years of economic growth were the UPA years 2004-2014. Quoting figures[Read More…]
Modi government cruelly neglecting rural job scheme, food security: Chidambaram
New Delhi: Senior Congress leader P. Chidambaram on Friday accused the Modi government of cruelly neglecting both MGNREGA and Food Security Act, which he termed the cause of starvation deaths of three minor girls in the national capital. As long as there are children who tragically starve to death (Mansi,[Read More…]
Chidambaram victim of Modi government’s vendetta politics: Congress
New Delhi: As the CBI on Thursday filed a charge-sheet against former Finance Minister P. Chidambaram and his son Karti in the Aircel-Maxis case, the Congress said the senior party leader is a victim of vendetta of the Narendra Modi government. The kind of vendetta that Modi government unleashes every[Read More…]
GST has become bad word in business: Chidambaram
New Delhi: The Congress on Sunday attacked the Modi government on the first anniversary of the Goods and Services Tax (GST), saying it has become a bad word among business persons. The design, structure, infrastructure backbone, rate or rates and implementation of GST were so flawed that GST has become[Read More…]
Altering civil service rules unconstitutional, compromise anonymity: Chidambaram
New Delhi: Terming it unconstitutional, Congress leader P. Chidambaram on Wednesday said the government’s proposal of allocating cadres and services to candidates selected under civil service examinations only after completion of foundation course will compromise the anonymity and objectivity associated with the exam. It will lead to the preference of[Read More…]
BJP, Congress spar over Chidambaram’s ‘undeclared’ assets
The BJP on Sunday targeted former Union Finance Minister P. Chidambaram and his family’s “undeclared assets in foreign countries”, after which the Congress hit back by saying that the BJP had no moral right to ask questions and should instead give answers on various issues. The opposition party termed the Income Tax (I-T) Department “another[Read More…]
Ghost of demonetization haunts Government, RBI: Chidambaram
New Delhi: Former Finance Minister P. Chidambaram on Wednesday attacked the government and the RBI over the acute cash crunch in the country and said the ghost of demonetization has come back to haunt them. He also needled the government on the recent bank scams, saying people appeared to have lost[Read More…]
Demonetisation was a greatest lie: Chidambaram
New Delhi: Congress leader and former Finance Minister P. Chidambaram on Sunday described demonetisation as the “greatest lie” and said it ended up destroying jobs. The Congress leader also accused the Centre of pushing people into poverty by implementing a flawed Goods and Services Tax (GST). “There cannot be a greater[Read More…]
Madras High Court allows Karti Chidambaram to travel abroad
Chennai: The Madras high court on Friday green signalled the overseas travel plans of Karti Chidambaram, son of former Union finance minister P Chidambaram, despite strong objections from the CBI in view of pending lookout circulars. However, the relief is not without conditions. Karti has been directed to inform his entire travel plans, including the places[Read More…]
Government has failed fiscal consolidation test: Chidambaram
New Delhi: Congress leader P. Chidambaram on Thursday said Finance Minister Arun Jaitley had failed the fiscal consolidation test that will have “serious consequences” on the economic growth rate. Chidambaram tweeted that the fiscal deficit limit of 3.2 per cent in 2017-18 had been breached and was now estimated at 3.5[Read More…]
Creating 75 lakh jobs impossible, simultaneous polls a jumla: Chidambaram
New Delhi: Picking holes with the latest Economic Survey tabled in Parliament, former Finance Minister P. Chidambaram said on Tuesday said that the Narendra Modi government’s claim to be able to create 75 lakh jobs by March is “outrageous” as it is “simply not possible” in India’s context. The Congress leader[Read More…]
Where are the promised jobs, Chidambaram asks Modi
Ahmedabad: Former Union Finance Minister and senior Congress leader P. Chidambaram on Tuesday asked Prime Minister Narendra Modi to explain about the jobs he had promised to create in the run-up to the 2014 general elections. He also lashed out at the National Democratic Alliance government at the Centre for[Read More…]
Congress FMs expose GST flaws: Chidambaram
Former Union Minister P. Chidambaram on Friday said the letter of finance ministers of Congress-ruled states has exposed the structural flaws in the design and implementation of the Goods and Services Tax (GST). In a series of tweets, he said the letter would set the tone for discussions at the[Read More…]
BJP should read before criticising autonomy for Kashmir: Chidambaram
New Delhi: Senior Congress leader P. Chidambaram on Sunday said the BJP should have fully read his comments on autonomy for Kashmir before criticising him. “My answer to question on J&K reported today… The BJP should read before criticizing,” Chidambaram tweeted, posting a link to a news report about his[Read More…]