Davangere: Blaming the note ban and a flawed GST for the country's economic slowdown, Congress President Rahul Gandhi on Wednesday said jobs were created by small and medium companies and not by the country's top industrial tycoons.
"The Congress believes that jobs are created by small and medium companies and not by top 15-20 firms run by tycoons, who have direct access to the country's Finance Minister and Prime Minister," he said at an interaction with traders and small businessmen in Karnataka's textile town here.
Gandhi is on a two-day visit to the southern state for participating in the fifth leg of the party's 'Jan Ashirvada Yatra' to seek the people's blessings for victory in the May 12 Karnataka assembly election.
Claiming that Prime Minister Narendra Modi had a very simplistic vision of the world, he said the former thought small traders were bad while income tax officials good.
Accusing the BJP-led NDA government of using the Goods and Services Tax (GST) scheme as an instrument of oppression than of freedom, Gandhi said the new indirect tax regime was envisioned to have one slab, exempting goods and services used by the poor from it.
"But the GST we have is completely different from what was envisioned."
Regretting that the Modi government viewed the informal sector as an evil, he said the country should utilise its strength, as the bulk of business in India was informal.
"Digital economy can harm or help the country, depending on how policies to utilise it are framed," he told the traders at the meeting.
Noting that the people's voices were not being heard by the present-day political system, Gandhi said top companies, however, had open access to it to change or tweak the law to suit their interests.
"When the Congress returns to power after the 2019 Lok Sabha elections, I assure you that the people will have access to the system again, because we believe policies should be made in consultation with the people and not with an individual," he reiterated.
Recollecting that former Reserve Bank of India (RBI) Governor Raghuram Rajan had advised Modi not to demonetise higher currency notes, Gandhi said the Finance Minister, Chief Economic Adviser and the Union Cabinet were unaware of the sudden move to ban the old Rs 500 and Rs 1,000 notes.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Bengaluru, Mar 6 (PTI): The Karnataka Assembly on Thursday passed the Bangalore Palace (Utilisation and Regulation of Land) Bill, reaffirming state ownership over 472 acres and 16 guntas of land here, amid protests by the opposition BJP.
During the discussion, Karnataka Law and Parliamentary Affairs Minister H K Patil said the state government would have to provide Rs 200 crore worth of Transfer of Development Rights (TDR) for each acre of land, which means that for 15 acres, Rs 3,000 crore worth of TDR would be issued.
“If we accept it, then this 2-km stretch of road will become the costliest road in the world. If we accept it then how are we going to develop the city in later stages? How will you carry out development works?” asked Patil.
He also pointed out that this question was raised not only under the Congress government but also during the previous BJP regime.
However, the BJP-led cabinet has opposed the project.
ALSO READ: Budget session: Law Min. HK Patil introduces Microfinance bill in Karnataka assembly
“Suppose we agree to it then, what will be the valuation of the 472 acres? It will be lakhs and lakhs of crores of rupees. Can we accept?” Patil wondered.
The Minister said the government had previously exercised its executive powers to issue an ordinance, which was approved by the Governor. Now the government is bringing a bill with two amendments.
“In this bill, we have made provisions either to develop or drop the road development work,” Patil explained.
However, BJP state president B Y Vijayendra and BJP MLA Arvind Bellad opposed the move, alleging that the government was targetting Yaduveer Krishna Datta Chamaraja Wadiyar, the scion of the Mysuru royal family, and the BJP MP from Mysuru-Kodagu constituency out of political vendetta.
“We talk of 472 acres of Mysuru Maharaja but here there are many Maharajas who too own 400 acres, 500 acres and thousands of acres of land, which is known to everyone,” Bellad said.
He slammed the Congress government, saying political power should not be misused for personal vendetta.
“Why (the then Deputy Chief Minister) Siddaramaiah brought the law in 1996 pertaining to the Bangalore Palace? Why are you setting eyes on the Bangalore Palace?” he asked.
Vijayendra charged that Wadiyar won the election on BJP ticket so the state government realised that it should acquire it.
“This bill has been brought for political vengeance. We are not discussing whether Rs 3,000 crore is exorbitant or not but the moment Yaduveer became MP, the state government woke up. You should be ashamed. This house should not be used for political vendetta,” he said.
Intervening, Minister Priyank Kharge said Vijayendra should not have raised it because the intention behind building the road was noble.
According to him, the BJP too had the same plan when it was in power.
He sought to know whether thousands of crores of rupees be spent on a road which should have cost significantly less.
In response, BJP MLA B A Basavaraj (Byrathi) said issuing TDR will not be a burden on the state government and appealed to the ruling Congress to reconsider its stance.
Minister Ramalinga Reddy too explained that the Karnataka government acquired the entire land way back in 1996.
The Mysuru royal family went to the High Court, which gave ruling in favour of the state government. The royal family then approached the Supreme Court, where the case is still going on, the Minister pointed out.
“The final judgment is pending in the SC to decide whether the acquisition was right or wrong. If the SC says it’s the royal family’s property then let it be so. If the order is in the state government’s favour then we can take a decision. The bill is only about it,” Reddy explained.
Speaker U T Khader then called for a voice vote and the bill was passed by the Assembly amidst opposition BJP’s discontent.