Friday, 24 April 2015

CORROBORATIVE Vs DETRIMENTAL

Today the GST bill was tabled in the assembly as a consequence of protest
P75 I the last submarine to be ordered from abroad
Amidst the pacing growth of indian economy, two things happened today . Both will supposedly have opposing consequences.

The GST bill brought up by the finance minister was opposed and tabled because of the protest from the opposing parties that is the congress, TMC. They left the assembly as soon as the bill was introduced by the Lok Sabha speaker Sumitra Mahajan. It was also opposed by AIADMK. So it was delayed for a later discussion. The opposing parties  think that even though the bill is good but it is being brought too hurriedly. This can result in the denigration of the economic condition the members thought. Although it is reiterated by Arun Jaitely that the bill is a win-win situation and soon it will be in practice. Implementation of GST is the only tax all the civilians in india are waiting for.

VS


As a part of Modi's " Make in india " campaign, the ship building industry will be flourishing in india. According to the government the P75 I will be the last electric and diesel submarine order to be sent to a foreign country. From now on under the project 76 with a fund allocation of 60,000 crores india will be starting its own nuclear powered submarine production. As the foreign submarine makers can't share the design the submarines built will be completely india's own work. Already indian private firms such as L&T are being contacted for the production to start. Even though it is not the need of hour it will be used as a "future need". The best part of this initiative is that india will be self reliant on its defence structure and also the FDI will shape the economy. More fixed investment and active involvement by the government will bolster economy's morale. 
Sourced from defence.pk




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