/hiindialive
MIDWEST / EASTCOAST
Travel ban ‘not best way to protect’ America: UN E
E FR
@hiindia
The survey advocates a basic income scheme as an alternative sche for poverty reduction in place of various ongoing welfare programs
/hiindianoone
FRIDAY, FEBRUARY 3, 2017
1
TIndia to grow at 6.75I 7.5 percent next fiscal: Economic Survey
the next fiscal, the Survey said demonetized cash will be replenished by end March 2017 and the economy would revert to the normal thereafter. The survey also advocated a Universal Basic Income (UBI) scheme
as an alternative schem reduction in place of v ing social welfare Aprogr as the Niti Aayog has India does not have t financial resources for t “Demonetization ha term costs but holds t for longterm benefits,” vey, calling for follow-u minimize the costs an the benefits. Areas listed include f driven remonetization, reforms, including br and real estate into GS tax rates and stamp du ing to allay the anxiet zealous tax administrat actions would allow return to trend in 2017 ing a temporary decli 17,” said the survey. The survey also calle shifts in narratives to ov long-standing challenge redistribution, ambiva the private sector an rights, and improving b lenged state capacity.
SANGRUR (PUNJAB): Hitting out at Delhi Chief Minister Arvind Kejriwal, Congress Vice-President Rahul Gandhi on Thursday alleged that the Aam Aadmi Party (AAP) leader was “trying to back the perpetrators of the bomb blast in Punjab”. “There was bomb blast a couple of days back in which six people died. And Arvind Kejriwal is backing the perpetrators of the blast. He is allowing them to contest elections. This is very dangerous for Punjab. If these elements gain strength in Punjab, then it will hijack all the development issues,” said Gandhi during a public
rally, on the last day of ca for the February 4 electio Two men and a child the explosion on Tuesda just as a rally of Congres
IANS, NEW DELHI
ndia’s Economic Survey for 2016-17 has pegged the country’s growth at between 6.75 percent and 7.5 percent, while going by the 7.1 percent expansion for the current fiscal provisionally projected by the Central Statistics Office. The survey, tabled in parliament by Finance Minister Arun Jaitley on Tuesday, also said during the current fiscal, while the farm sector will show a decent growth of 4.1 percent, industrial output will retard to 5.2 percent. Services growth will be 8.8 percent. These three sectors had expanded by 1.2 percent, 7.4 percent and 8.9 percent, respectively, during the previous fiscal. “For 2017-18, it is expected that the growth would return to normal as the new currency notes in required quantities come back into circulation and as follow-up actions to demonetization are taken,” the survey said referring to ban on high-denomination currencies
announced in November last year. “On balance, there is a likelihood that Indian economy may recover back to 6.75 percent to 7.5 percent in 2017-18.” Elaborating on the rationale behind its GDP growth estimate for
Indian teacher mocks Trump, MIDWEST EDITION | EAST COAST EDITION | Volume 7 • Issue No. 395 FEBRUARY 3, 2017 | THE COMMUNITY RUN-UP FIRST TO ASSEMBLY ELECTIONS hiindia.com ‘Kejriwal backing perpetrato Shivpal Yadavsuspended to float ET L G D
Tax sops for S individuals, small firms, more money for welfare
A BU PECI S
new party after March 11 IANS, LUCKNOW
hivpal Yadav, former President of the Samajwadi Party in Uttar Pradesh, on Tuesday threw caution to wind and vowed to form a new party after assembly election results come in on March 11. At a rally of his supporters after he filed his nomination from Jaswantnagar in Etawah as a SP candidate, an emotional Shivpal Yadav reiterated his allegiance to his elder brother Mulayam Singh Yadav but said he will part ways with the SP after the results are announced. “Jao tum jeet jao, sarkar banao, hum ab party banayenge,” he said as thousands of his supporters applauded. He also said that whatever he was today was because of Mulayam Singh. “People say and I admit that whatever I have achieved in my political career is because of the blessings of Netaji” he said in a choked voice. He also took a dig at his nephew and Uttar Pradesh Chief Minister
Keeping farmers, youth, the poor, infrastructure, financial sector and digital economy in mind, Finance Minister Arun Jaitley seeks a tax administration that honors the honest
Visa fraud lands Indians in jail Shivpal Yadav
Akhilesh Yadav, with whom he has been daggers drawn. He said “some people” gave him the SP ticket as a “meharbani” or else he would have had to contest as an independent candidate. He also asked his supporters who were denied ticket by the Samajwadi Party to contest as independents. Shivpal Yadav was appointed the state president by Mulayam Singh in October. But Akhilesh Yadav sacked him — his uncle — from the cabinet.
EC notice to Parrikar o IANS, PANAJI
T
he Election Commission (EC) on Wednesday issued a show-cause notice to Defense Minister Manohar Parrikar following a complaint of violation of the Model Code of Conduct, filed by Delhi Chief Minister Arvind Kejriwal and a regional party in Goa. The complainants have alleged that Parrikar encouraged voters to accept money from rival candi-
Pakistan may be put on immigration ban list
2-yr jail for Indian in insider trading case
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dates elect paign S Muk retar Com dire Manohar Parrikar tral respond to the show by 1 p.m on Febru before the state goes “Whereas, the Co prima facie of the op