A recent video of Shekhar Gupta circulating around in Whatsapp talks of 5 things Modi has done good in the current regime. To recap he said what is required is political economy. Good economy does not necessarily translate into votes. These are a) IBC - Bankruptcy code bringing in responsibility on corporates that they will not scoot if they do not pay loan b) Infrastructure investment c) low inflation bringing it because 8.33% to 3.2% d) keeping the deficit in control around 3.5% e) tax collection to GDP improvement and f) GST introduction and holding its nerve through difficult times and not going back on it.
What he missed out also, that there was no major scam. Though Congress is trying to make Rafael as a big thing as bofors, there is no way a remote comparison can exist. If Anil was favored, why is he not supported now that his R.Com has gone the NCLT way. The Rafael deal was started by UPA and as IAF was falling short of aircraft and this was an emergency issue thrust on NDA by UPA and the NDA govt. had to quickly order readymade 36 instead of 126. As every accountant knows, except those in the Congress that additional costs of doing the India needed changes has to be now absorbed by 36 and not 126 and thus the higher cost due to Fixed cost distribution, while the base price was reduced by 9%. Congress including mamta should go to the Cost Accountant office situated in Calcultta to understand accounting. If the base price is fine, and the additional cost is distribution of Fixed cost, then there is no hanky panky. Also, it is a direct govt. to govt. deal.
Then comes the PMO intervention. The french requested, being a govt. to govt. deal to issue a guarantee from their PM office to our PM office. No price was negotiated higher, it was matter of sovereign guarantee, which given the emergency of our requirement had to be given.
Finally, comes the Anil Ambani allocation of offset. This was by Dassault who looking at the location and ability of Anil to do business has given on a private basis.If instead of Anil, anyone else had been given, the same issue would be raised. The offset that is being done is not of highly technical work and that too not for Rafael. These are some other products for their other division.
In all these cases, nothing is proven that cash was paid or commission was paid as in the case of Bofors/Augusta Westland and Submarine and so on to specific persons in BJP or their relatives.
Why not HAL awarded offset. HAL has a poor track record of performance. The tank/aircraft etc takes so much of time and given the support and existence for long, unlike China they have not come out with great world beating products. And on top of it, it does not behove of supposedly techincal giant to taken up work of low sophisticated product which is what the offset is all about.
Thus it is election time and as usual congress is trying desperately to pin some corruption on Modi as in the last 5 years other than issue of tolerance, high handedness, nothing has been proven be it vyapam, vasundra raje cases etc.
What he missed out also, that there was no major scam. Though Congress is trying to make Rafael as a big thing as bofors, there is no way a remote comparison can exist. If Anil was favored, why is he not supported now that his R.Com has gone the NCLT way. The Rafael deal was started by UPA and as IAF was falling short of aircraft and this was an emergency issue thrust on NDA by UPA and the NDA govt. had to quickly order readymade 36 instead of 126. As every accountant knows, except those in the Congress that additional costs of doing the India needed changes has to be now absorbed by 36 and not 126 and thus the higher cost due to Fixed cost distribution, while the base price was reduced by 9%. Congress including mamta should go to the Cost Accountant office situated in Calcultta to understand accounting. If the base price is fine, and the additional cost is distribution of Fixed cost, then there is no hanky panky. Also, it is a direct govt. to govt. deal.
Then comes the PMO intervention. The french requested, being a govt. to govt. deal to issue a guarantee from their PM office to our PM office. No price was negotiated higher, it was matter of sovereign guarantee, which given the emergency of our requirement had to be given.
Finally, comes the Anil Ambani allocation of offset. This was by Dassault who looking at the location and ability of Anil to do business has given on a private basis.If instead of Anil, anyone else had been given, the same issue would be raised. The offset that is being done is not of highly technical work and that too not for Rafael. These are some other products for their other division.
In all these cases, nothing is proven that cash was paid or commission was paid as in the case of Bofors/Augusta Westland and Submarine and so on to specific persons in BJP or their relatives.
Why not HAL awarded offset. HAL has a poor track record of performance. The tank/aircraft etc takes so much of time and given the support and existence for long, unlike China they have not come out with great world beating products. And on top of it, it does not behove of supposedly techincal giant to taken up work of low sophisticated product which is what the offset is all about.
Thus it is election time and as usual congress is trying desperately to pin some corruption on Modi as in the last 5 years other than issue of tolerance, high handedness, nothing has been proven be it vyapam, vasundra raje cases etc.
