Senior Congress leader P. Chidambaram on Thursday said he was right in predicting slow growth of the economy and that demonetisation made it worse. “I had said demonetisation will affect growth by 1-1.5 per cent. Spot on. GVA down by 1.3 per cent,” said the former finance minister. “The economy[Read More…]
Tag: P Chidambaram
Certain that Karti never met any officer connected to FIPB: P Chidambaram
On Monday, former Finance Minister and Senior Congress leader P Chidambaram said that it was “preposterous” that any of his family members could influence six secretaries of the central government who were a part of FIPB. “Anyone familiar with the working of the FIPB knows that no single officer can[Read More…]
Govt’s aim is to silence my voice : P Chidambaram
The CBI conducted raids in at least 14 locations in Chennai on Tuesday morning. The residence of former Finance Minister P Chidambaram was also investigated by the department. The investigation comes in connection to foreign investments received by INX Media, formerly owned by Peter Mukherjea. The former Union minister has[Read More…]
Delhi HC issues notice to CBI on plea against Chidambaram’s relative
Railways worst operating ratios under BJP government, says Chidambaram
Former Finance Minister P Chidambaram on Wednesday criticised the BJP government for having the ‘worst operating ratio’ of Railways in the last fiscal year. Taking a jibe at the BJP government; he tweeted, “Railways worst operating ratio in 2016-17. Previous worst in 2000-01. Both under BJP governments! Despite well-meaning minister.[Read More…]
‘Are only BJP/RSS members Indians?’
Witch hunt against Chidambaram and family still alive
So here are some facts. The Aircel-Maxis case has been quashed by Judge O P Saini in February this year. Therefore, any rational person would think that there is no further investigation is possible. Hence, Monday’s news reports that the CBI will file a status report on the Aircel-Maxis case on[Read More…]
GST has to be introduced on a trial basis for two months: Chidambaram
Former union finance minister P. Chidambaram who was recently in Kolkata, just before the launch of his book ‘Fearless in Opposition: Power and Accountability,’ said that the government should not rush GST through. “According to me there are things that have to be done,” Chidambaram told the Telegraph. When asked[Read More…]
BJP stealing elections in Goa, Manipur: Chidambaram
Senior Congress leader P Chidambaram on Monday accused the BJP of stealing elections in Goa and Manipur, saying a party which comes second has no right to form the government. Another Congress leader, Digvijay Singh, said it was the victory of money power over people’s power. “A party that comes[Read More…]
Erstwhile policy allowed FIPB to clear Aircel-Maxis case
On February 10, the Supreme Court asked BJP leader Subramanian Swamy to put forward “concrete” evidence to prove that former Finance Minister P Chidambaram had directly given FIPB clearance to the Aircel-Maxis deal in 2006, bypassing the Cabinet Committee for Economic Affairs (CCEA). Foreign ministry officials however say that it[Read More…]
Media too living under fear in BJP govt: P Chidambaram
Farming Community cheated: P Chidambaram on Budget 2017
Slamming union budget 2017, Former Union Finance Minister and Congress leader P Chidambaram on Thursday said that framing community has been cheated. “People have already stopped talking about the budget, 24 hours after it was presented,” Chidmbaram said. He added, ”I don’t think this will have any impact on state[Read More…]
Indian economy not in good shape, says Manmohan Singh, P Chidambaram
Releasing Congress’ ‘State of Economy’ report on Monday former PM Manmohan Singh said that the Indian economy is not in good shape. The document was released at a press conference, which was also attended by P Chidambaram and other Congress leaders, a day before the government presents the Economic Survey.[Read More…]
Demonetisation biggest scam of the year; worse than natural calamity: P Chidambaram
Former Finance Minister P Chidambaram on Tuesday termed the demonetisation move as the “biggest scam of the year” and demanded a probe on the move. “This is the biggest scam of the year and must be investigated,” Chidambaram said in his address to reporters in Nagpur. “Every bank says there[Read More…]
P Chidambaram bats for son; says CBI found no offence in FIPB approval to Aircel-Maxis
Former Finance Minister P Chidambaram on Wednesday filed an affidavit on the Enforcement Directorate (ED) investigating son Karti in connection with its money laundering probe in the Aircel-Maxis deal. As per the affidavit, it is said the CBI has not found or reported any offence under any law in respect[Read More…]
Resurrection? Centre planning to revive National Counter Terror Centre
The government of India is planning to revive the National Counter Terrorism Centre (NCTC), a project conceived by the UPA government in 2012 but vehemently opposed by then Chief Minister of Gujarat, Narendra Modi. The idea was earlier shelved after state government’s raised an opposition. However, according to sources Union[Read More…]
Client-lawyer relationship sacred, ED summons to Nalini Chidambaram disturbing
The peculiar case of the enforcement directorate (ED) serving summons to Mrs. Nalini Chidambaram is extremely disturbing because it shows that authorities, in their pursuit to create a case where none exists, will even go to the extent of questioning monies paid to a seasoned lawyer for providing legal services.[Read More…]
P Chidambaram says summon against his son is vague
Speaking about the ongoing probe against Karti Chidambaram’s ‘alleged’ financial irregularities in Aircel-Maxis scam, P Chidambaram has said that the recent “summon against his son Karti Chidambaram is vague and unclear.” He said, “A canard is being spread that my son, Mr Karti Chidambaram, has refused to appear before the[Read More…]
‘(G)ood (S)ense (T)riumphs’, as does debate, deliberation and discussion in RS
Congress leader and former finance minister P Chidambaram spoke on behalf of the party to raise its objections to the Goods and Services Tax (GST) Bill, which was moved in the Rajya Sabha on Wednesday. Welcoming the “friendly tone” of finance minister Arun Jaitley’s introductory speech, Chidambaram hoped the bill[Read More…]
6 things you should know about the much debated GST bill
Ahead of the long-delayed Goods and Service Tax (GST) bill being taken up by the Rajya Sabha, the government has circulated to the MPs the amendments it has proposed in the GST bill. There has been a lot of debate over the GST; here we have simplified what the bill[Read More…]
Karti Chidambaram recommends elections to appoint PCC chiefs
Karti Chidambaram, son of former Union finance minister P Chidambaram, took to Twitter on Saturday to suggest electing Pradesh Congress Committee (PCC) chiefs through a defined electoral college. He proposed a voting process by Congress MPs, MLAs, former MPs and MLAs, the All India Congress Committee, existing PCCs and local[Read More…]
ED summons P Chidambaram’s son Karti in Aircel- Maxis deal
The Enforcement Directorate, in connection with the Aircel-Maxis deal in the 2g scam has issued summons to Karti Chidambaram, son of former Finance Minister P Chidamabram. This is the first time that a notice has been issued to Karti in the case which is being investigated since last year. The agency[Read More…]
The Perpetually Angry Swamy
It was a hot summer afternoon in 2012 and 2G judge OP Saini’s courtroom was packed to capacity. Among those waiting for the judge was Dr Subramanian Swamy, a co-petitioner with Prashant Bhushan in the 2G case. And the judgement to be delivered was no ordinary one. Dr Swamy had[Read More…]