![]() | #2146 | |||
Senior - BHPian Join Date: Jun 2014 Location: Bangalore
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![]() Mean while IMF and UN does not seem to decide on India's GDP number. Yesterday IMF pegged it as 6.6% growth, where as today UN feels it is 7.7%. Now if World Bank feels it is actually 8.8% growth, I would be really happy. So much for the international expert opinion. UN puts India’s GDP growth at 7.7% for 2016-1 | |||
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![]() | #2147 |
Team-BHP Support ![]() ![]() Join Date: Jul 2010 Location: Bangalore
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| ![]() Referendums work well in an ideal world on the presumption that everyone will make an informed choice after considering all available options thoroughly. In the real world, a good chunk of people will make emotionally-influenced decisions they may regret later, but cannot change. I may have a certain opinion on a topic I feel strongly about, but may lack the complete picture needed to make an informed choice when required to vote on it. If I know better in the future and regret my vote, it's still binding once I cast it, not subject to change with my opinion. Swell idea in theory though. Last edited by Chetan_Rao : 18th January 2017 at 14:34. |
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![]() | #2148 | ||
BHPian ![]() Join Date: Dec 2016 Location: PGT/PDY
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Bringing black money into the open is debatable. Many people have already converted their old currency black money into new ones. The tax authorities are only catching the smaller sharks. Last edited by deerhunter : 18th January 2017 at 15:02. | ||
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![]() | #2149 | |
BHPian Join Date: Sep 2015 Location: Gurgaon
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I believe, both are used in a disrespectful way. But then "freedom of expression" ![]() Fight against corruption (if we can call it that) cannot be a handicapped match as in - govt should weed out corruption bearing in mind: 1. no common man gets adversely affected 2. No poor should be affected at all 3. No rules would be changed. All steps govt planning to take should be made public well in advance and no rule change is allowed 4. A dalit politician's brother's account would not be touched and all ATM's should be segregated basis the religion of people living close to it, prioritizing a certain religion. Plus, none of the other political party members should be questioned or raided 5. The policies itself should only bear the name/surname of a certain political clan 6. PM should hand over all decision making to either Delhi CM or to Grand old party's VP or anyone else from a lot of sundry party chiefs (who all want to be PM themselves) 7. In the end, Govt should concede that the whole policy, implementation and its outcome have failed and PM should resign. P.S. I am just sarcastically combining all the "political prejudices", not meant to offend any Tbhp Member here. | |
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![]() | #2150 |
Team-BHP Support ![]() ![]() | ![]() Gentlemen, the discussion in the last couple pages have nothing with do with demonetization. Kindly stick to the topic and don't deviate into politics - Support Team |
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![]() | #2151 | |
Senior - BHPian Join Date: Dec 2008 Location: Bangalore
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And please read the transcripts of the PM's speech and interview - the aim of demonetisation was to bring the hidden black money out into the open. I believe it has achieved that objective. The cost to the nation? That only time can tell. | |
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![]() | #2152 | ||||
BHPian ![]() Join Date: Nov 2009 Location: Ahmedabad
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Example of acting like crooks would be getting your money with no intention of giving it back. Quote:
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![]() | #2153 |
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Am sure there are pros and cons to every position and statement. In a country like India steeped in tradition and varying in culture, SMEs and Policy Experts tend to sway to different opinions depending on the political climate and pressure. There has to be a way for the nonsense to be withdrawn if the general population does not agree to a government or judicial decision. For eg, even though the government brought in the demonetization rule, I would have liked the public to be able to overthrow this decision made by a few people who think they can decide for the 1.4B people in this country. |
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![]() | #2154 | |
BHPian ![]() Join Date: Dec 2016 Location: PGT/PDY
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So referendums for short term policies - Yes. Referendums for long term issues affecting the basic fabric of our nation - No. But once allowed, our politicians will use referendums to give legitimacy to all their polarising policies. So we are better off without referendums. Last edited by deerhunter : 18th January 2017 at 15:13. | |
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![]() | #2155 | |
Team-BHP Support ![]() ![]() Join Date: Jul 2010 Location: Bangalore
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Prima Facie, it seems to clarify and potentially nullify the historical assumption that Ordinances passed by govt. while Partliament is out-of-session can't be debated/reversed post-facto either by voting in Parliament or by legal means. It further suggests that any ordinance passed in such situations shall be tabled in both houses of Parliament at the earliest opportunity, or face being declared void after a prescribed time period (6 weeks?) of Parliament reassembling. Can one of our resident legal eagles comment/elaborate on this? I'm not inclined to believe stuff I have no expertise in at face value. P.S. I've quoted the first legal opinion I could find (it has a disclaimer at the bottom), no partisan intent should be assumed. Anyone able to find the actual judgment can please share a link. P.P.S. One possible outcome, if pursued, is a potential repeal of the demonetisation ordinance because the ruling party doesn't have a majority in both houses of Parliament. Last edited by Chetan_Rao : 18th January 2017 at 15:21. | |
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![]() | #2156 | |||
Senior - BHPian ![]() | ![]() Quote:
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![]() | #2157 | ||
BHPian ![]() Join Date: Dec 2016 Location: PGT/PDY
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But till someone challenges the multiple repromulgation in the SC, the status quo continues.\ Quote:
Since joint session is extremely rare (only happened thrice, i think), they are trying to avoid it for various bills. That is the reason why opposition too is not pushing them too much, because if a joint session is called, the opposition will lose. Last edited by deerhunter : 18th January 2017 at 15:29. | ||
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![]() | #2158 | |
Team-BHP Support ![]() ![]() Join Date: Jul 2010 Location: Bangalore
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In a generic situation for any ordinance passed with Parliament (either or both houses) out-of-session, will a combined majority inclusive of both houses (in a joint session) be sufficient to bypass the 'both houses must approve' requirement, even if it's not available separately in individual houses? The wording doesn't seem clear on that front, hence the question. Also, what happens if a joint session doesn't yield a majority vote in favor of an ordinance (legislators don't always vote en masse)? Does it then go to the President, or is it declared void as it stands? If declared void, is a legal challenge possible and/or sufficient to reinstate it in the absence of required votes in Parliament? Last edited by Chetan_Rao : 18th January 2017 at 15:33. | |
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![]() | #2159 |
Distinguished - BHPian ![]() ![]() | ![]() Since we have such varied intelligence here, can someone expound on the legality of the 2016 demonetization in simpler words? |
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![]() | #2160 | |
BHPian ![]() Join Date: Dec 2016 Location: PGT/PDY
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The ruling alliance will always have a majority in Lok Sabha. Since LS has 545 members and RS has only 250, in a joint session, a majority in LS alone will usually help in passage. Unless the rulers have a very low number in RS. If an ordinance is declared void by both houses of parliament and by a joint session(practically impossible), then president can repromulgate the ordinance once the houses prorogue. The constitution has not mentioned any limits for such repromulgations. SC too has given verdict only regarding Bihar. But SC has given a verdict (Cooper case) that the govt cannot prorogue the houses so that they can promulgate ordinances. So at present they can repromulgate it as much as they want to, when the houses are not in session. But cannot deliberately force houses out of session to promulgate ordinances. It is legal. Government has constitutional discretion to take decisions on monetary policy (through RBI). Only if it infringes on any of the fundamental rights or other constitutional rights, can it be declared illegal by SC. Last edited by deerhunter : 18th January 2017 at 15:49. | |
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