The irony is that according to a press release by the Ministry of Finance on 28th July 2017, the companies removed from the Register of Companies stood at 1,62,618 (as on 12.07.2017). The entire document mentions nothing about demonetization. This was another failed attempt to justify the horror of demonetization. Between 2013-14 to 2015-16, only 1155 shell companies […]
The government had sent communications to people regarding their income but again, there is absolutely no data or study or research that points to the fact that 4.5 lakh people have come forward and 1 lakh people have been forced to pay income tax. If Mr. Modi’s strength is speaking with numbers, why isn’t there […]
Mr. Modi completely ignored that the data has been cherry picked according to his whims. The comparison is baseless. The 22 lakh figure he is quoting is from 1st to 7th September, 2015. In FY 2016-2017, the rise in returns filed stood at 24.30% while for the year 2017-18 (from 1st April – 5th August) […]
PM has once more made claims which are baseless. While the Finance Ministry has repeatedly said that there is no official data on the quantum of black money. Moreover, when the statement was made, the RBI had not finished the counting of notes, final data of which is still not available. One may wonder how […]
The PM has ignored a very basic fact in staking this claim. Unearthing black money and recovering it are two different things. Of the Rs. 1.25 lakh crores he speaks of, approximately 1.23 lakh crore is undisclosed income which has been admitted. Not all undisclosed income is black money. Second, not all income which has […]
In 2016, The Maternity Benefits Bill 1961 was amended to increase paid maternity leave from 12 weeks to 26 weeks. But this applies only to the organised sector as was the original bill. This gap was pointed out in a Parliamentary Standing Committee report in 2007 which suggested that the existing law should be universally applicable […]
This misleading statement is made to exhibit the good governance under BJP where projects are undertaken and completed without delay. But facts say otherwise. In 2016 -2017, new projects worth Rs 13.8 trillion were announced out of which only projects worth Rs 6.34 trillion were completed while rest were stalled. In the following year, new […]
Between 2015 and 2017, 7.46 crore loan accounts have been opened for small entrepreneurs. Between 2015 and 2016, only 40% were getting loans for the first time and only 2.5% refinanced these loans. In case of MUDRA loans creating employment, the average size of the loan disbursed is Rs 52,700 which is insufficient to create […]
Launched in May 2016, the objective behind the scheme was to persuading households to stop using firewood and traditional biomass fuels that have the potential to cause respiratory diseases and switch to LPG cylinders. The scheme provides LPG connection and the first cylinder for free whereas the cost of the stove and subsequent refills have […]
The target of the first cycle of the soil health card scheme was to issue 14 crore Soil Health Cards (SHCs) by the end of 2017. While the PM made this comment, the govt had issued 9.06 crore health cards to farmers. But what is the purpose of this scheme? It is to ensure that […]