Wednesday, December 23, 2015

ये क्या हो रहा है? American Style Gridlock?

ऐसे देश १०% तरफ नहीं जाएगी। जिस देशमें इनकम टैक्स ठोस नहीं है वहाँ सरलीकृत सेल्स टैक्स का होना बहुत जरुरी है। Informal sector को भी समेट लेती है।



Indian Politics Thwart Prime Minister Narendra Modi’s Tax-Reform Plans For the second time this year, India concludes its Parliament session without legislating a nationwide sales tax
Partisan bickering in India’s Parliament has stalled an important piece of Prime Minister Narendra Modi’s economic agenda: a constitutional amendment that would create a simplified nationwide tax system to replace a commerce-stifling patchwork of state levies. .... The winter session of India’s legislature ended Wednesday without a vote on the measure in the upper house, where Mr. Modi’s Bharatiya Janata Party is in the minority, after lawmakers spent weeks trading jabs over graft allegations involving top politicians. .....

“The economy suffers while politics overrides everything.”

..... Facing opposition protests and fearing a rural backlash ahead of the Bihar vote, Mr. Modi in August retreated from legislative efforts to ease India’s strict land-acquisition law and make it easier for the government to get land for industry and infrastructure. ..... The gridlock is the result, in part, of a tit-for-tat strategy by the main opposition Congress party, whose final years in power were marred by protests led by the BJP.

When Congress was in government, the BJP blocked tax legislation similar to what it is now trying to pass.

..... With major plans stymied in Parliament, Mr. Modi has sought to breathe life into the economy through executive actions and other moves, including a plan to revive heavily-indebted power-distribution companies and ease foreign-investment limits in some industries. .... Congress accused Mr. Modi of a political vendetta after the party’s president, Sonia Gandhi, and her son, Rahul, were summoned before a magistrate to answer a complaint alleging cheating and criminal breach of trust. ..... Emerging from court Saturday, Mr. Gandhi said Mr. Modi had encouraged “false allegations” to frighten political rivals. The government said it wasn’t involved in the case. The complaint was filed by politician Subramanian Swamy in 2012. He later joined the BJP. .....

‘Parliament has become a forum less for debate and more to settle political scores.’

—M.R. Madhavan, president of think tank PRS Legislative Research ...... A post on Mr. Kejriwal’s official Twitter account called Mr. Modi a “coward and a psychopath.” The episode spiraled to include corruption allegations by Mr. Kejriwal against BJP Finance Minister Arun Jaitley, who in turn filed a defamation suit against Mr. Kejriwal. ......

These much publicized spats narrowed the space for a political compromise needed to break the logjam on economic policy-making.

..... On the tax amendment, Congress has said it doesn’t support some key provisions. It argues the tax rate should be capped at 18%—and that number must be included explicitly in the constitution—to prevent a creeping increase by future governments...... It also wants to do away with a proposed 1% additional levy designed to help manufacturing states....... Mr. Jaitley said the government is willing to find ways to address Congress’s second demand, but won’t legislate the tax rate so future governments have flexibility.
Five Things to Know About India’s Proposed Goods and Services Tax
India’s government is attempting to reform its messy web of sales taxes to make doing business across the country easier. ........ This complicated web snarls companies in red tape and slows down the transit of goods around the country because of border checks and other official inspections. ...... replace the patchwork of taxes with a single, nationwide sales levy, known as the goods-and-services tax, or GST.

Economists call the move an epochal lowering of commercial barriers.

..... a broad GST would deliver an immediate boost to output of 1% to 2% and lasting gains to productivity. .....

The bill needs the consent of two-thirds of Parliament and half of India’s 29 states.

Finance Minister Arun Jaitley wants the new system up and running by April 2016, saying it will “play a transformative role in the way our economy functions.” .......

States with large manufacturing bases have been wary of the GST: Receipts from the new tax would go to states where goods and services are consumed, not where they are produced.

........ The Modi government in December agreed to compensate states for lost revenue during the levy’s first five years, and to let them continue taxing alcohol and petroleum separately. Some experts say these and other possible exemptions would curb the GST’s effectiveness, however. ...... Jaitley told lawmakers on Wednesday that the standardized national rate for GST would be “much more diluted” than the 27% estimated

NDA GA Bipolarization: 30, 20, 50: What India Needs

The original version of General Electric's cir...
The original version of General Electric's circular logo and trademark. The trademark application was filed on July 24, 1899, and registered on September 18, 1900 (Photo credit: Wikipedia)
थर्ड फ्रंट तो था ही नहीं। २०१४ में। और राहुल भी उम्मेदवार नहीं थे। सोनिया ने सक्रिय पहल किया। तो बीजेपी को ३०% और काँग्रेस को मिला २०% ---- और दुर दुर तक कोसो तक एक सफ़ेद धुँवा है फैला हुवा जहाँ ५०% मत बिखरे पड़े हैं। वो थर्ड फ्रंट नहीं है। इसी लिए मैंने कहा देशकी राजनीती एक कॉमेट की तरह है। न unipolar, न bipolar, न multipolar. सफेद धुँवा फैला हुवा है। इससे देश को घाटा है। देश के के हित में है कि एक bipolarization हो जाए। लोकतंत्र को अर्थतंत्र को ये चाहिए।

CBI ने जो रेड किया केजरीवाल के ऑफिस में ये तो बहुत बड़ी बात हो गयी। खबर मिल रहा है कि मोदी ने नहीं करवाया। तो ये क्या हुवा? ये तो एक कु हो गया। इससे पहले जिस सक्स को सीबीआई ने तंग किया वो आज प्रधान मंत्री है। उससे पहले जभी लालु को तंग किए। कुछ समय बाद अंक गणित लालु के पक्ष में आ गयी थी। Waste कर दिया गया।

General Electric कंपनी में है १० साल में लीडरशिप चेंज होता है। तो एक प्रक्रिया है एक रश्म है। भारत में कहा जाता है CBI संसद के अधीन है, पाकिस्तान में ISI पैरेलल गवर्नमेंट के तरह है। कहीं भारत में भी वो समस्या तो नहीं। CBI में कोई सेल है जो data crunching करती है और निर्णय करती है अगला बन्दा ये है। बहुत ही गलत बात है। You can't second guess the people like that. Especially, you can't act upon it to try and influence the democratic process.

Grand Alliance की बात शुरू हुवी है बिहार से। वो बात बिहार से बाहर जाती है कि नहीं वो अभी देखना बाँकी है।

सारे देश के सभी चुनाव पाँच साल में एक बार किए जाने की बात हो रही है। वो गलत होगी। लेकिन पाँच साल में दो बार हो तो शायद सही है। केंद्र, राज्य और स्थानीय। ढाई साल में एक ऐतवार को। बुथ पर जाना है।