Plan and Policy

Plan & Policy

Dhumal’s loss disappointment for BJP

BJP’s chief ministerial face for Himachal Pradesh Prem Kumar Dhumal has been defeated in the Sujanpur seat even as his party won absolute majority. He lost to Congress rival Rajinder Singh Rana by about 3,500 votes. In another jolt to BJP, states chief Satpal Singh Satti lost to Satpal Singh Raizada of Congress by a margin of 3,196 votes in the Una constituency. Dhumal’s close aide and his MP son Anurag Thakur's father-in-law Gulab Singh Thakur too has been defeated in the Jogindernagar seat.

BJP wins Gujarat Assembly polls, tramples Congress in HP

The BJP won the Gujarat assembly polls for a record sixth straight victory today, and was set to evict the Congress in Himachal Pradesh, tightening the party's grip over the country's politics with general elections only 18 months away.

It's a victory of PM Modi's development politics: Gadkari

The BJP's performance in Gujarat and Himachal Pradesh polls is a victory of Prime Minister Narendra Modi's development politics over "dirty caste politics" of Rahul Gandhi-led Congress, Union Minister Nitin Gadkari said today.

"All sections of society have voted above caste politics. This is a win of development politics of the Prime Minister. In Gujarat, OBC, patidar, dalit all were used for caste politics by the Congress but caste politics could not get success," senior BJP leader said.

Notices to Centre, CAG on PIL over GST compensation act

The Bombay High Court today issued notices to the Centre, Maharashtra government and the Comptroller and Auditor General (CAG) of India on a petition challenging the constitutional validity of laws facilitating various kinds of cess under the Goods and Services Tax regime.

A bench of Justices Shantanu Kemkar and Rajesh Ketkar was hearing a public interest litigation (PIL) filed by a law teacher, challenging the validity of the Goods and Services Tax (Compensation to States) Act, 2017, and 15 other laws related to the compensation cess.

All eyes on Gujarat as counting begins

Counting of votes will be held on Monday for the Himachal Pradesh and Gujarat Assembly polls. Gujarat, Prime Minister Narendra Modi’s home state is being seen as a prestige battle for him and new Congress president Rahul Gandhi. While the BJP is seeking a sixth straight term in office, the Congress is aiming to stage a comeback in power after being in the opposition for over two decades. The results are expected to have a bearing on the 2019 parliamentary polls also as Modi had come to power in 2014, based on the Gujarat ‘model of development’.

Market eyes poll results; BJP loss could trigger major selling

Equity traders are betting big on a smooth sailing for the BJP in the state elections, but any negative surprises could trigger a major selling off in the market.

Activity in the derivative market also suggests that the traders are expecting a BJP victory in the state elections.

After volatile trading over better part of the past week, sentiments were boosted as exit polls indicated easy wins for the BJP in both Gujarat and Himachal Pradesh.

States' revenue shortfall post-GST at Rs 36Kcr: Amit Mitra

There has been a shortfall of Rs 36,000 crore in projected revenues in the first four months post Goods and Services Tax (GST) implementation, West Bengal Finance Minister Amit Mitra said today.

While the projected collection at 14 per cent growth was Rs 1,72,000 crore, the actual figure realised had been Rs 1,36,000 crore, resulting in a deficit of Rs 36,000 crore for the first four months till November, Mitra, who is also a GST Council member, told reporters on the sidelines of an event here.