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The Hindu newspaper reported that, Nirmala Sitharaman who landed the crucial defense portfolio in a major rejig of the Modi government today credited her elevation to a cabinet rank minister, to “cosmic grace,” and support from party leadership. Sitharaman is among the four junior ministers who were given a cabinet berth. “Somebody who has come from a small town, grown into the party with all the support of the leadership, and if given such responsibility, it just makes you feel sometimes that cosmic grace is there. Otherwise it is impossible,” she told reporters here after taking oath. “With the support of the prime minister, so many things have happened in the ministry like Start up India, Make in India etc. There is some misconception about ‘Make in India’, but it will be answered,” she said. Sitharaman was earlier Minister of State (Independent Charge) Commerce. The Hindu, September 3, 2017
Petroleum and Natural Gas Minister Dharmendra Pradhan said on Monday that the daily revision of fuel prices had benefited consumers. He said the recent increase in prices was “mainly” driven by rising global prices. Mr. Pradhan, who has been elevated to the Cabinet rank and given additional charge of the Skill Development Ministry, said he would seek to meet the Prime Minister’s expectations from the Skill India Mission of creating “dignified job opportunity” for the youth. On fuel prices, he asked: “Should prices be hiked by 2.50 or 3 per litter in one go or they should be spaced out in small doses.” “Daily revision in prices is good. When we started daily revisions on June 16, rates dropped in the first fortnight,” he said, ruling out any change in the system. The Hindu, September 4, 2017
Sources: First Post
India is fast changing into one of the most open economies, with improvements on global indices and the biggest-ever reform GST weaving the nation into one unified market, Prime Minister Narendra Modi said on Monday. In his intervention at the Dialogue with BRICS Business Council, he said programmes to promote use of digital mode for payments and transactions, encourage start-ups to set up businesses and boost local manufacturing were changing the economic landscape. The Prime Minister also spoke of programmes like Digital India, Start Up India and Make in India that were changing the economic landscape. He also hailed the MoU signed between the Council and the New Development Bank, as was suggested at the last BRICS meeting in Goa last year. The Hindu, September 4, 2017.
A BJP leader has filed a case against RJD supremo Lalu Prasad’s elder son Tej Pratap Yadav in a court alleging that he deliberately hid details of land owned by him in his affidavit during the 2015 Assembly polls. The court has fixed September 22 for hearing the case. The case was filed by BJP MLC Suraj Nandan Prasad on Tuesday in the court of Chief Judicial Magistrate Om Prakash. In his petition, Prasad alleged that Tej Pratap had “deliberately hid” in his affidavit the details of land owned by him in Aurangabad while fighting the Assembly election from Mahua in 2015. A motor showroom now functions from the property in the name of Tej Pratap’s family’s company “LARA Distributors Pvt Ltd”. Deputy Chief Minister and senior BJP leader Sushil Kumar Modi had earlier mentioned about Tej Pratap’s Aurangabad land during his series of expose of properties acquired by Lalu Prasad and his family through dubious means. The Indian Express, September 13, 2017
Source: The Economic Times
The BJP’s national executive on Monday lauded the Narendra Modi government’s performance so far and termed the implementation of the Goods and Services (GST) regime as a path-breaking reform, which may be facing “teething trouble” but will be good in the long run. The executive passed a political resolution lauding the government for the decision to demonetize high value currency last November, saying, “The overwhelming public support for demonetization needs to be underscored. This one major decision has broken the backbone of the black market and black money hoarders.” Union Minister for Roads and Highways, Nitin Gadkari, who briefed the media after the resolution was adopted said, “The GST, the ‘one-country-one-tax’ measure is the biggest reform we have done since Independence. The Hindu, September 25, 2017.
Source: The Economic Times