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Is budget se gareeb ko bal milega, yuva ko behtar kal milega: PM Modi hails the 2019 budget as a balanced one

Union Finance Minister, Nirmala Sitharaman, presented her maiden budget in Parliament today. While presenting the first of the Narendra Modi government 2.0 in the Lok Sabha, FM said that the central focus of all programmes of the Narendra Modi government is “Gaon, Garib and Kisan”.

Prime Minister Narendra Modi, addressing the nation after the presentation of the budget by Sitharaman called the 2019 budget a balanced one. “This is a budget for new India,” he added.

Ye desh ko samridh aur jan jan ko samarth banane wala budget hai. Is budget se gareeb ko bal milega, yuva ko behtar kal milega” (This budget will lead the country towards prosperity and make every citizen competent. This budget will provide strength to the poor and a better future to the youths of the country), said PM Narendra Modi.


Prime Minister Narendra Modi said the budget proves India is moving in the right direction. He also called it a green budget for its provisions on water, electricity and travel.

He said that the middle class will progress with this budget. Development work will expedite, the tax structure will simply and infrastructure will modernize.


Calling this budget ‘one of hope’ PM Modi said that this budget for a ‘New India’ also has a roadmap to transform the agriculture sector of the country.


PM Modi assured that the Budget 2019 was only a trailer of the ‘New India’ to come.

Haren Pandya murder case: Supreme Court restores conviction of the 12 accused

Today, the Supreme Court restored the conviction and sentenced the 12 people accused of murdering former Gujarat Home Minister Haren Pandya in 2003. The verdict was delivered in a bench headed by Justice Arun Mishra on the appeals filed by the CBI challenging the acquittal of the accused by Gujarat High Court in 2011.

The bench also dismissed a fresh PIL filed by NGO ‘Centre for Public Interest Litigation’ (CPIL) and imposed costs of Rs 50,000. The NGO claimed that there was fresh evidence in the murder case against senior Gujarat police officers and politicians. 

Pandya was shot dead on 26 March 2003 in Ahmedabad near Law Garden when he had gone for a morning walk. The CBI claimed that this was done to avenge the 2002 communal riots in the state.

In June 2007, a special POTA (Prevention of Terrorist Activities) court had convicted the 12 accused and sentenced them to life imprisonment. However, the Gujarat High Court acquited all of them in 2011 stating that the investigation was “botched” and “misdirected”.

Then CBI had in 2011 itself filed an appeal questioning the acquittal of the Gujarat High Court as erroneous. On January 31 this year, the Supreme Court had reserved the verdict on the appeals.

Prior to Pandya’s killing the 12 accused were also earlier convicted in another case by a special POTA court for attempting to murder prominent VHP and Hindu to avenge the 2002 riots. An attempt was made on the life of a local VHP leader Jagdish Tewari on March 11, 2003.

CBI claimed that the two incidents were part of a single conspiracy to spread terror in the state. The accused were arrested on the basis of deposition of main accused Asghar Ali. The other accused are Mohammad Rauf, Mohammad Parvez Abdul Kayum Sheikh, Parvez Khan Pathan alias Athar Parvez, Mohammad Farooq alias Haji Farooq, Shahnawaz Gandhi, Kalim Ahmeda alias Kalimullah, Rehan Puthawala, Mohammad Riaz Sareswala, Aniz Machiswala, Mohammad Yunus Sareswala and Mohammad Saifuddin.

The agency had also claimed that these men were illegally sent to Pakistan and were trained by Pakistan’s intelligence agency ISI.

The attempt of several people to accuse Narendra Modi to have murdered Haren Pandya has been exposed now and vindicated by the Supreme Court. Ever since his death, the biased sections of the media and self-styled secularists have implied that the Narendra Modi Government got him killed.

Haren Pandya who was a former minister in the Gujarat Government of the BJP resigned from the Cabinet in August 2002. He was subsequently murdered on 26 March 2003.

Tamil Nadu: Five minor arrested for destroying 25 idols and sculptures at temple in Tiruvarur district

The Tamil Nadu police have arrested five minor boys for allegedly breaking 25 cement idols and sculptures at the Periyanayaki Amman temple in Tiruvarur district, reported The Times of India.

Reportedly, the minor boys were caught by the police after they broke into the temple to steal iron rods within the figures, which could then be sold off to purchase alcohol. The incident occurred before the consecration ceremony at the temple was supposed to take place.

The idols which were destroyed included those of Lord Murugan, Periyanayaki, Kala Bairava, while sculptures which were damaged were those of different animals.

The accused minor youths are currently being held at a juvenile home in the town of Thanjavur.

Budget 2019: Startups and investors can do away with ‘Angel Tax’ by filing requisite declarations

In a major relief for the budding entrepreneurs and investors, the finance minister Nirmala Sitharaman during her Budget 2019 speech announced exemption of scrutiny for Angel tax for Startups and investors who have filed their returns.

Finance Minister N Sitharaman said, “To resolve angel tax issue, startups who file requisite declarations will not be subjected to scrutiny in valuation.”


One of the most dreadful issues faced by new entrepreneurs pertains to Angel Tax. Angel Tax is a 30% tax that is levied on the funding secured by startups from an external investor. However, this 30% tax is imposed when startups obtain angel funding at a valuation higher than its ‘fair market value’. It is considered as income to the company and therefore taxed. Angel Tax was first introduced in 2012, with the purpose of keeping money laundering in check.

Angel Tax had suddenly made a reappearance last year when several startups reportedly received notices from the I-T department demanding them to clear their taxes on the angel funding they raised, and in some cases, exacting a fine for not paying Angel Tax.

The bone of contention for many new-age entrepreneurs had been the issue of “fair market value”. Entrepreneurs argued that there were no objective means to measure a company’s “fair market value”. According to them, investors pay them a premium for the concept and the business potential at the initial stage, hoping that the idea would take the market by storm and astronomically increase their valuation. However, tax officials appear to be evaluating the value of the startups based on their net asset value at one point.

With this move, finance minister Nirmala Sitharaman seeks to develop a conducive environment for the startups to proliferate, unencumbered from the tyranny of Angel Tax. She has placed special emphasis on reviving the entrepreneurial spirit amongst the youth in the country by announcing several other beneficial moves such as launching a special channel for startups, designed and executed by the startups and promote the entrepreneurial culture.

Dhoni should play for another 1-2 years says Sri Lankan cricketer Lasith Malinga

Sri Lankan legend and pace bowler Lasith Malinga feels that MS Dhoni should play for another one or two years as there lot of cricket left in him.

He also said that Dhoni’s experience in handling youngsters has a vital role to play in the future.

Fans and several former cricketers including Tendulkar and Ganguly baffled with MS Dhoni’s approach and criticized him for his lack of intent during his knock against England.

Talking to ANI, Malinga said, “I think MS (Dhoni) should play for another one or two years. He is the best finisher in the last ten years. I don’t think anyone can beat him in the future. He has to give his experience and situation handling to all the young players. They (India) have good experience in past captain, MS Dhoni. I think that’s why they are a successful team. I think they are good enough to beat any team in this competition.”

Maling also talked about the bowing yorkers with accuracy in a tense situation. Malinga is known for bowling yorkers in the death overs and has taken 3 ODI hat-tricks, including one in World Cup in which he took four wickets in four balls.

“The thing is anyone can bowl yorkers, slower ones, and good length balls. But the idea is to have accuracy. How many times can you hit the same spot? Then comes analyzing the game. The handling of the situation is what counts, and then comes the application,” Malinga explained.

Maling has high praise for Indian pacer Jasprit Bumrah, who played a lot of cricket with him for Mumbai Indians.

“I saw him (Bumrah) in 2013 and spent time with him. He was hungry to learn, and he learned quickly. Hunger to learn is fundamental. Bumrah has shown the character in a short period,” he said.

Both India and Sri Lanka will play against each other on Saturday, in their last group game. India has qualified for the semis while Sri Lanka placed at number 6 in the points table.

Cricket World Cup preview – Bangladesh v Pakistan: Unrealistic task for Pakistan to reach the semis

Pakistan 2 points away from a semi-final spot but more importantly have to win the game by minimum 311 runs win to secure a place in the semis. They can only blame themselves for this situation. Bangladesh, which is out of the World Cup would be eyeing a win to end the World Cup on a good note.

Bangladesh had already won a World Cup game against Pakistan in 1999. That’s the only time the two teams played against each other in the World Cup. Also, on paper, Bangladesh looks much stronger as a team than Pakistan. They have played excellent cricket and must be blaming the rain which didn’t let them have a match against Sri Lanka because of which they can’t think of semis now. They have been absolutely in top gear when it comes to batting. Their bowling is solid as well, so as their fielding. It shouldn’t be much difficult for them to beat Pakistan at this stage of the tournament.

Pakistan has an unrealistic task to secure a place in semis. They need to score a minimum of 400 runs to score batting first, and then they have to dismiss Bangladesh for less than 84 or score 350 and dismiss Bangladesh for 38 runs. If they bowl first, then they will have no chance. Their batting has led them down the most. Had they batted well against West Indies, Australia, and Afghanistan, they would have been placed at a better position in the points table with a healthy run rate.

Players to watch out

Shakib Al Hasan has scored 542 runs in World Cup, and he needs 132 runs to surpass Tendulkar’s record of 673 runs in a single World Cup edition. His bowling has helped the team as well, and he would be ready to take the Pakistani batters.

Babar Azam, the talented Pakistani batsman, has one last chance to show his class in this World Cup. He can smash as well as play like an anchor for Pakistan in the game, but sadly Pakistan would have no chance in the match if they bat second.

Bangladesh v Pakistan in ODIs:

Overall: Matches 36, Bangladesh Won 5, Pakistan Won 31

World Cup: Matches 1, Bangladesh Won 1, Pakistan Won 0

Recent Form (most recent first): Bangladesh L W L W NR, Pakistan W W W L L

ICC Rankings: Bangladesh (7), Pakistan (6)

Upcoming Records:

Shoaib Malik has taken 98 catches and needs two more to reach the 100 catches milestone.

Tamim Iqbal has scored 6,863 runs and needs 137 more to reach the 7,000 runs milestone

Squads:

Bangladesh: Mashrafe Mortaza (capt), Abu Jayed, Liton Das (wk), Mahmudullah, Mehidy Hasan, Mohammad Mithun (wk), Mohammad Saifuddin, Mosaddek Hossain, Mushfiqur Rahim (wk), Mustafizur Rahman, Rubel Hossain, Sabbir Rahman, Shakib Al Hasan, Soumya Sarkar, Tamim Iqbal.

Pakistan: Sarfaraz Ahmed (capt & wk), Asif Ali, Babar Azam, Fakhar Zaman, Haris Sohail, Hasan Ali, Imad Wasim, Imam-ul-Haq, Mohammad Amir, Mohammad Hafeez, Mohammad Hasnain, Shadab Khan, Shaheen Afridi, Shoaib Malik, Wahab Riaz.

Supreme Court refuses to entertain a PIL filed by lawyer ML Sharma seeking cancellation of 2019 general elections

The Supreme Court today refused to entertain a PIL filed by lawyer Manohar Lal Sharma who had last month questioned the use of EVMs in elections and sought the cancellation of recently concluded Lok Sabha elections.


Justice Rohinton Nariman shrugged off Sharma’s request by expressing his surprise over Sharma’s frivolous appeal, “What are you asking for Mr Sharma? You want us to set aside the entire Lok Sabha elections?” Justice Nariman exclaimed.


Last month the SC had also squashed Manohar Lal’s urgent hearing plea in the case. Sharma had on June 13 approached the SC seeking its direction to conduct fresh Lok Sabha polls using ballot papers.

In his petition, Sharma had claimed that as per the Representation of Peoples (RP) Act, the election can only be held using the ballot papers, and it cannot use Electronic Voting Machines (EVMs) to conduct the poll.

In December last year, advocate Manohar Lal Sharma, who is notorious for filling frivolous Public Interest Litigations (PIL) and earning court’s wrath and who had to pay fines several times, had come up with another petition against the Home Ministry, specifying which agencies can intercept electronic devices on people under surveillance for security reasons.

On December 20, 2018, the ministry of home affairs had issued a gazette order under the Information Technology Act, 2000 and Information Technology Rules 2009, which specified 10 investigating agencies which are authorized to monitor and intercept messages in computer devices. After the notification, opposition parties made a huge and cry alleging that the government has allowed the agencies to snoop on common citizens.

A careful reading of the order had, however, made it clear that the agencies are authorized to ‘snoop’ only on select cases of threat to integrity and security of the country, a threat to law and order and incitement to any cognizable offence.

Prior to this, Sharma was slapped with a fine of Rs 50000 by the SC while quashing a petition by the advocate against finance minister Arun Jaitley. He had alleged plundering of RBI reserves by the government to waive loans of some companies.

Reprimanding Sharma for the petition, Chief Justice of India Ranjan Gogoi had said that the day has come to ban him from filing PILs. The court made such remark due to the history of Sharma’s petitions. Before this, he was fined ₹50,000 and ₹25,000 by the court on two occasions in 2014 for wasting the court’s time with frivolous petitions.

On December 14, ML Sharma had lost another high profile petition, when the apex court rejected the plea for a court-monitored probe in the Rafale deal. Sharma was first to file a petition against the deal, who was later joined by others including Prashant Bhushan and Arun Shourie with similar petitions in the supreme court.

Sharma had also angered the Supreme Court for filing a PIL in the Unnao rape case. The court had asked if some relative of Sharma has been raped, as he was not connected with the case. Court had dismissed the petition saying PIL can’t be filed in a criminal case, questioning the locus of Sharma in the case.

ML Sharm has filed petitions in a range of issues like opposing Pratibha Patil’s candidature as president, against Ranbaxy, seeking to curb powers of ministers, against the movie Padmaavat, to know the detail on the disappearance of Netaji Subhas Chandra Bose etc, all of which were dismissed by courts.

Kerala government orders judicial probe into the custodial death of financial agent after alleged police torture

Two weeks after the alleged custodial death of Rajkumar, a financial agent, in a cabinet meeting that was held today the Kerala government has finally ordered a judicial probe into the case. A commission has been set up which will submit a report within six months. Congress party have welcomed this move.


For the past few days, the opposition had come down heavily on the Pinarayi Vijayan government for the way it handled Rajkumar’s case. They had been demanding for a judicial probe. Yesterday, they staged a walkout to protest against the lack of seriousness on the part of the government.

Rajkumar was a financial agent from Idukki who arrested by the Nedumkandam police for suspected financial fraud on June 12. He was held in custody and allegedly tortured by the police. He was produced to court only four days later, after which he was remanded for judicial custody. On June 21, he was admitted to the Peermedu taluk hospital and declared dead soon after reaching.

His autopsy had revealed that he was definitely tortured. After the case gathered media attention, a few arrests have been made and several police officers have been transferred. Two senior police officers have been arrested after testifying to the prolonged torture and brutal interrogation of Rajkumar in police custody.

Yesterday in Thiruvananthapuram, Rajkumar’s mother Kasthuri conducted a protest march demanding for justice. The Rajkumar Action Council which had organised the protest demanded a CBI enquiry into the case. They also ordered action against several senior officers. The Kerela HC had also intervened and ordered a probe against a magistrate for sending a weak Rajkumar to judicial custody.

Budget 2019: Central focus of all programmes of the Narendra Modi government is “Gaon, Garib and Kisan”

In her maiden budget speech, Union Finance Minister Nirmala Sitharaman said that the central focus of all programmes of the Narendra Modi government is “Gaon, Garib and Kisan”. She further said that electricity and clean cooking fuel will be provided to every single family, except the unwilling, by 2022, 75th year of independence.

“By 2022, I would like to assure the nation that every single rural family, except those who are unwilling to take the connection, will have electricity and clean cooking facility,” said Finance Minister.

Nirmala Sitharaman added that 1.5 crore rural homes have been completed under PMAY phase I till now and 1.95 crores more houses to be provided to eligible beneficiaries in phase 2 now by 2022.

Emphasising on the early completion of projects under NDA government, Nirmala Sitharaman said that completion of houses under PMAY took 314 days in 2017 but now it only takes just 114 days.

Union Budget 2019: Indian economy will grow to become a $3 trillion dollar economy in the current year itself, says Finance Minister

Thanking the voters for bringing back Modi government to power for a second term, Union Finance Minister, Nirmala Sitaraman in her maiden budget speech declared that Indian economy will grow to become a $3 trillion economy in the current year itself.


Reportedly, the Union Finance Minister added that India is now the sixth largest in the world in just five years from being the 11th largest five years ago in 2014.

“It took us over 55 years to reach $1 trillion dollar economy. But when the hearts are filled with hope, trust & aspiration, we in just 5 years, added $1 trillion. It is well within our capacity to reach the $5 trillion in the next few years. We will reach a $3 trillion economy in the current year,” said Sitharaman.

Nirmala Sitharaman in her speech said that the government needs to invest heavily in infrastructure, job creation and small and medium industries. All of India’s private sector firms have played a role in growth. Govt does not look down on legitimate profit-making, India Inc is job creator, wealth creator, said Nirmala Sitharaman.

FM Nirmala Sitharaman also linked Narendra Modi led government’s ambitious ‘Make in India’ scheme with ‘Swadeshi’ movement of the Independence era. She said these movements encouraged the local enterprise and self-reliance.