Category: World

By Nitya Chakraborty The 2023  assembly election season has started with the polls in Tripura scheduled on February 16 and Meghalaya, Nagaland on February 27. The results of all the three states in the first phase, will be known on March 2. The outcome will be having significant impact on the tempo of the poll […]

The post BJP May Lose Power In Two Out Of Three North Eastern States After Assembly Polls first appeared on IPA Newspack.

By Prabhat Patnaik The most outstanding feature of the Indian economy today is the sluggish increase in real consumption expenditure. Between 2019-20 and 2022-23 for instance the per capita real consumption expenditure has grown by less than 5 per cent which is less than the rate of growth of the gross domestic product. Even the […]

The post Modi 2’s Last Full Budget Ignores Indian Economy’s Basic Problem first appeared on IPA Newspack.

By Sushil Kutty Calling it “The Curious Case of ED Under Modi” will give the Bharatiya Janata Party a hole to duck into. There is nothing “curious” about the Modi government using the Enforcement Directorate to target non-BJP state governments and circle the wagons to protect the interests of the Bharatiya Janata Party. It is […]

The post Enforcement Directorate Is An Ally Of Modi Govt Against Opposition Parties first appeared on IPA Newspack.

By Dr. Gyan Pathak Union Budget 2023-24 is deceptive. The very presumptions of revenue and growth are overestimated, promises made are too high to be realized, allocations made are inequitable for different sectors as well as social groups, and the higher allocations made for certain sectors are being energetically overplayed. If the Indian Economy is […]

The post Deceptions In Plenty In The Union Budget 2023-24 first appeared on IPA Newspack.

West Bengal Chief Minister Mamata Banerjee on Thursday alleged that the BJP was using people’s money deposited with the Life Insurance Corporation (LIC) and nationalised banks to benefit some of its party leaders. Speaking at a function in Purba Bardhaman district, the Trinamool Congress supremo lashed out at the BJP-led Centre over the Union budget, […]

The post Mamata accuses BJP of using LIC, bank money for leaders first appeared on IPA Newspack.

The Delhi High Court directed the medical superintendent of the Tihar jail on Thursday to ensure “efficacious” treatment to former Popular Front of India (PFI) chairman E Abubacker, who was sent to the prison in a case lodged under the stringent UAPA, for his aliments on a regular basis. Hearing an appeal filed by Abubacker, […]

The post Delhi HC orders medical treatment to ex-PFI chief in jail first appeared on IPA Newspack.

Opposition parties on Thursday agreed to jointly raise the issue of allegations of fraud against the Adani Group in Parliament but were yet to agree on the mode of inquiry into the Gujarat-based corporate major. At a meeting of like-minded political parties convened by Congress President Mallikarjun Kharge, there was a general agreement on raising […]

The post Opposition parties unite on Adani fraud in Parliament first appeared on IPA Newspack.

BJP leader and former Punjab chief minister Captain Amarinder Singh on Thursday refuted media reports claiming that he was being considered for the position of new Governor of Maharashtra and called it “purely speculative”. However, the 80-year-old leader added that he will follow whatever Prime Minister Narendra Modi will ask him to do. Reacting to […]

The post Amarinder refutes reports about his governorship first appeared on IPA Newspack.

In a setback to the Bharatiya Janata Party (BJP), a Maha Vikas Aghadi (MVA) supported candidate won the Nagpur division teachers’ seat of the Maharashtra Legislative Council on Thursday. Nagpur, where the headquarters of Rashtriya Swayamsevak Sangh (RSS) is located, is also the home district of Deputy Chief Minister Devendra Fadnavis and Union Minister Nitin […]

The post MVA drubbing to Fadnavis, Gadkari in council poll first appeared on IPA Newspack.

By Dr. Gyan Pathak Union Budget 2023-24 betrays India’s workforce though it sings its song of achievement under Modi rule since 2014 and eulogizing its “Big Tent accommodating all”. In contrast this “Big Tent” is too small to accommodate the majority of the workforce. The budget tried to create hope for the workforce by simply […]

The post Union Budget 2023-24 Betrays India’s Workforce Once Again first appeared on IPA Newspack.

By Dr Arun Mitra Much was expected from the budget presented by the Finance Minister Smt. Nirmala Sitharaman on February 1 2023. As this was the last budget of the present government before the upcoming elections to the parliament next year, people had high hopes of relief in various sectors including the health. Thumping the […]

The post Poor Allocation To Health In The Budget Will Have Serious Implications first appeared on IPA Newspack.

By Sushil Kutty The day after, and Budget 23-24 stands out in stark relief, warts and all. February 1, Union Finance Minister Nirmala Sitharaman was the picture of animated tranquillity when she read out Budget 2023-24 dressed in red, both the minister as well as the country’s ‘bahi-khata’. She did not miss a trick in […]

The post MGNREGA Outlay Cut In 2023-24 Budget Brings Bad Days For Rural Poor first appeared on IPA Newspack.

By P. Sudhir A small US investor firm has challenged the Indian behemoth, the Adani group, and shaken it to its foundations.  The Hindenburg Research, a short selling firm, brought out a 129-page report on the Adani group marshalling evidence of all the funding operations and offshore activities of the 578 subsidiaries and shell companies […]

The post Investigation Into The Entire Business Activities Of Adani Group Is Imperative first appeared on IPA Newspack.

A day after Finance Minister Nirmala Sitharaman presented the Union Budget for 2023-24, opposition leaders continued thier attack against the government over several aspects of the budget. Chhatisgarh Chief Minister Bhupesh Baghel raised questions over the ‘shocking’ budget allocation to the Indian Railways. Baghel flagged off his concerns and questioned why the railways was being mordernised […]

The post CM Baghel questions ‘shocking’ budget share for railways first appeared on IPA Newspack.

Congress leader P Chidambaram on Thursday said that in the “hullabaloo” over the old and the new tax regimes, the importance of personal savings in a developing country has been “jettisoned”. The former Union finance minister asserted that in the absence of a state-provided safety net for the vast majority of people, personal savings is […]

The post Chidambaram says new tax regime mysterious first appeared on IPA Newspack.

Amit Mitra, former finance minister of Bengal and well known economist expressed disappointment that the Union Budget did not address the issues of tackling unemployment and rising inflation, the two main problems facing the “common man.” Mitra, who is currently Principal Chief Adviser to West Bengal Chief Minister, in an interview to PTI on Wednesday, […]

The post Budget disconnected from people, states denied due: Mitra first appeared on IPA Newspack.

Congress leader Rahul Gandhi on Wednesday slammed the Modi government, claiming that its ‘mitr kaal’ budget has no vision to create jobs as well as no plan to tackle inflation, and proves that the Centre has no roadmap to build India’s future. Gandhi’s reaction came after the presentation of the Union budget for 2023-24 by […]

The post Rahul calls Budget 2023 ‘Mitr Kaal’, no roadmap to future first appeared on IPA Newspack.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be “morally correct” in the current market condition. Adani Enterprises chief Gautam Adani has said although the FPO closed successfully yesterday, “the market has been unprecedented (today), and our stock price has fluctuated over the course of the day”. “Given […]

The post Adani ditches share issue on ‘moral’ grounds first appeared on IPA Newspack.

Samajwadi Party chief Akhilesh Yadav on Wednesday said the Union Budget for 2023-24 has given “nirasha” (despair) instead of “asha” (hope) to people of the country. He also claimed that the budget further increases inflation and unemployment. Finance Minister Nirmala Sitharaman presented the budget for the fiscal year 2023-24 in Lok Sabha on Wednesday and […]

The post ‘Nirasha’ instead of ‘asha’ to Indians, says Akhilesh Yadav first appeared on IPA Newspack.

By Nantoo Banerjee The massive boost in infrastructure spending proposed in the 2023-24 budget is expected to be the biggest growth driver of the county’s economy with several sectors such as steel, coal, power, engineering, automobile and banking are expected to do well. The infrastructure spending along with the focus on tourism, urban development covering […]

The post 2023-24 Budget Provides Big Boost For Industry, Tourism first appeared on IPA Newspack.

By Dr. Gyan Pathak “The fundamentals of the Indian Economy are sound as it enters its Amrit Kaal, the 25-year journey towards its centenary as a modern, independent nation. Policies pursued carefully and consciously to ensure …” was of course noisy and highly opinionated statement of the Economic Survey 2022-23, but the Union Budget 2023-24, […]

The post Union Budget 2023-24 Is Not Fair To The Vulnerable Sections first appeared on IPA Newspack.

By Sushil Kutty What does the 2023-24 budget mean for the BJP in fighting the coming polls, including the nine in 2023, and the one in 2024? A simple question, with a simple answer: Budget 2023-24 has been drafted as a saviour! The BJP wants to win as many of the nine assembly elections as […]

The post Last Full Budget Before 2024 Polls Has Potential To Help BJP In Its Campaign first appeared on IPA Newspack.

By K Raveendran Increased tax collections in view of a post-Covid pickup in the economy, easing of commodity prices as part of a global trend and lower subsidies on account of a reduction in food and fertilizer subsidy, apart from the withdrawal of Covid-related reliefs have given finance minister Nirmala Sitharaman a lot of elbow […]

The post Relatively Favourable Conditions Help Finance Minister Go For A Capex Boost first appeared on IPA Newspack.

The Union Budget is not people-friendly as it has been prepared keeping in mind the interests of a few businessmen, People’s Democratic Party (PDP) chief Mehbooba Mufti alleged on Wednesday. Talking to reporters here, the former Jammu and Kashmir chief minister said the budget presented by Union Finance Minister Nirmala Sitharaman is the same as […]

The post Budget not people-friendly, says Mehbooba Mufti first appeared on IPA Newspack.

The central government today made the much-awaited mega announcement on increasing the earnings level up to which no income tax is payable: Rs 7 lakh a year from the 2023-24 financial year. It was Rs 5 lakh so far. Under a new five-slab structure, those making even a rupee above it will have to pay tax. For […]

The post Income tax rebate limit up to Rs 7 lakh in New Regime first appeared on IPA Newspack.

The BJP will start a 12-day nationwide campaign on Wednesday to make people aware of the “pro-people” measures that are to be announced in the Union Budget, party leaders said. The campaign will be coordinated by senior BJP leader Sushil Modi and conclude on February 12, they said. BJP president J P Nadda has formed […]

The post BJP plans nationwide campaign on pro-people’ budget first appeared on IPA Newspack.

Visakhapatnam, formerly known as Vizagapatam and now also known as Vizag, was on Tuesday announced as the new capital of Andhra Pradesh. Chief Minister YS Jagan Mohan Reddy said he also would be shifting his office to Visakhapatnam, a port city, in the months to come. Speaking at the preparatory meeting in Delhi for the […]

The post Visakhapatnam declared as new capital of Andhra Pradesh first appeared on IPA Newspack.

By Dr. Gyan Pathak Economic Survey 2022-23 is clearly optimistic on Indian economy with downside risks not getting proper focus in the analysis of the policy makers. Though it has projected India’s GDP growth at 6-6.8 per cent for 2023-24, has also cautioned that even as India’s outlook remains bright, global economic prospects are weighed […]

The post Economic Survey 2022-23 Too Optimistic With Downside Risks In Economy first appeared on IPA Newspack.

By Sushil Kutty It’s over. Rahul Gandhi’s Bharat Jodo Yatra, after 3750 km on the trot, from Kanyakumari to Kashmir in 134 days. News agency Reuters headlined it ‘India’s Gandhi ends 135-day march to revive Congress party in snowy Kashmir’. So, did Gandhi revive the Congress party? Opinion is divided. By the way, there isn’t […]

The post Bharat Jodo Yatra Is Over, Now The Real Battle For Challenging BJP Has Begun first appeared on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: As if the plethora of problems plaguing the Congress in Kerala is not enough, the party has been hit by ‘son stroke’! The man in focus is, Anil Antony, son of veteran Congress leader A K Antony. Anil had to quit as chairman of the digital communication cell of the State […]

The post ‘Son Stroke’ Singes Congress In Kerala Politics first appeared on IPA Newspack.

By Pradeep Kapoor LUCKNOW: Samajwadi Party president Akhilesh Yadav has shown political maturity by giving key position to his uncle Shivpal Yadav as national vice-president in recently constituted national executive of the party. It would be worth mentioning here that Akhilesh Yadav sorted out his differences with his estranged uncle after the demise of his […]

The post Samajwadi Party Is Set To Gain With Responsibility Given To Shivpal Yadav first appeared on IPA Newspack.

Goa Chief Minister Pramod Sawant on Monday said there will no be compromise on the Mahadayi issue and that his government was working to protect the river water from being diverted. Goa and neighbouring Karnataka have been engaged in a tussle over sharing of the river water for several years. Goa has often accused Karnataka […]

The post No compromise on Mahadayi issue, declares Goa CM first appeared on IPA Newspack.

The forthcoming Budget session of Parliament will be turbulent, if an all-party meeting called by the government on Monday is any indication. While the government believes that the meeting was held in an amicable environment and an appeal was made for smooth functioning of Parliament as it is ready for any discussion, leaders from the […]

The post All-party meet indicates stormy Budget session first appeared on IPA Newspack.

Former chief ministers of Jammu and Kashmir Mehbooba Mufti and Omar Abdullah said on Monday that they see a ray of hope in Congress leader Rahul Gandhi. As the two leaders invoked Mahatma Gandhi on his death anniversary while praising Rahul Gandhi for the Bharat Jodo Yatra, Abdullah also urged the former Congress president to […]

The post Mufti, Omar see ‘ray of hope’ in Rahul Gandhi as yatra ends first appeared on IPA Newspack.