BJP's policy blunders causing economic failure: Chidambaram
New Delhi, June 11 : Former Finance Minister P. Chidambaram on Monday said the BJP government's "administrative incompetence" and "policy blunders" were responsible for the rising farm distress, unemployment and failure of economy.
"Farmers' despondency has turned into anger and they have come to streets to protest," the senior Congress leader told reporters here.
"The principal reasons are uneconomic price for farm produce and stagnant wages of farm labour. MSP (Minimum Support Price) is not adequate. Every farmer knows that the promise of MSP = Cost + 50 per cent is a 'jumla'," he said.
Chidambaram said the Reserve Bank of India's confidence survey stated that 48 per cent felt that the economic situation of the country had worsened in the last 12 months.
He said unemployment was rampant in the country, which was "far cry" from the Bharatiya Janata Party's promised two crore jobs a year.
Chidambaram questioned why the Labour Bureau Survey for October-December 2017 not yet released.
Chidambaram said demonetisation had caused the growth rate to decline from 8.2 per cent in 2015-16 to 6.7 per cent in 2017-18.
"The Tamil Nadu government has officially acknowledged that 50,000 MSME units were shut down in the state in 2017-18; 5,00,000 jobs were lost; and capital investment in the MSME sector declined by Rs 11,000 crore," he said.
A flawed Goods and Services Tax continues to haunt trade and business, he added.
Chidambaram said the social security laws and programmes have been neglected by the BJP-led central government.
"The Food Security Act has not been implemented. MGNREGA is no longer demand-driven, wage arrears have mounted. Crop Insurance covers barely 30 per cent of farmers, it is a windfall for insurers. Health Protection Scheme is another 'jumla'," he said.
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BJP using women's quota bill as front to pass Delimitation Bill that will break India: Mamata
Cooch Behar (WB) (PTI): Chief Minister Mamata Banerjee on Friday alleged the BJP-led NDA government at the Centre was using the proposed amendment to the women's quota law in Parliament as a front for the Delimitation Bill that would "break the country into pieces".
The TMC will fight this Central government's move at every step, she asserted at her party's poll rally here.
The Constitution (131st Amendment) Bill to tweak the women's quota law, along with the Delimitation Bill and the Union Territories Laws (Amendment) Bill, to implement the proposed amended women's quota law, in the Union territories of Delhi, Puducherry and Jammu and Kashmir, were introduced in the Lok Sabha on Thursday.
According to the Constitution amendment bill, Lok Sabha seats will be increased to a maximum of 850 from the current 543 to "operationalise" the women's reservation law before the 2029 parliamentary polls, following a delimitation exercise based on the 2011 Census.
Seats will also be increased in state and Union territory assemblies to accommodate 33 per cent reservation for women.
Opposing the Centre's move, Banerjee alleged that "the BJP brought the Delimitation Bill while keeping the women's reservation bill at the front".
"The BJP is trying to increase the number of seats in the Lok Sabha to nearly 850 through the Delimitation Bill. It will break the country into pieces," the TMC supremo said.
She also alleged that Prime Minister Narendra Modi was not speaking the truth about the development of north Bengal at a BJP rally last week.
"The prime minister said nothing was done for the development of north Bengal. But we spent Rs 1.72 lakh crore on the development of the region," Banerjee said and asked Modi to cross-check data before making such remarks.
