“The latest assault on the States is part of an elaborate design of the Modi government to financially cripple the States and reduce them to beg for money from the Centre,” Chidambaram claimed. MONEY - Luke 12, Matthew 6 - "The Economy of GOD" is a topical study through God's word by Pastor Josh Thompson. For reprint rights: Times Syndication Service"Covid an 'act of God', may result in contraction of economy: Nirmala SitharamanCovid an 'act of God', may result in contraction of economy: Nirmala SitharamanCovid an 'act of God', may result in contraction of economy: Nirmala SitharamanUK extradition judgment on Nirav Modi to be delivered after Dec 1India likely to set up unified air defence command in OctoberGST shortfall: Centre gives two options to compensate states'Extremely alarming': Covid hits fast dwindling tribe in Andaman IslandsIndia can become net security provider in Indian Ocean: PM ModiRhea used Sushant's funds for own purpose: Narcotics BureauGrocery shopping tips to stay safe amid coronavirusFace shields for an added protection when you step out of your homeWebcams with built-in mic for easy vlogging and conferencing

It is more market borrowing, only by a different name. Donald Trump says he prayed to God about the state of the US economy during the pandemic. Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. “If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy during 2017-18 2018-19 and 2019-20 BEFORE the pandemic struck India?” Chidambaram asked.

Again, the entire financial burden falls on the StatesThe central government is absolving itself of any financial responsibility. Sitharaman on Thursday had said the economy has been hit by the pandemic, which is an 'Act of God', and it will see a contraction in the current fiscal. Chidambaram also said that the options the Centre had given to counter the shortfall in Goods and Services Tax collection were unacceptable. Taking a swipe at Sitharaman over the remarks, Chidambaram said, “If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy … “The financial burden falls entirely on the states. Purchasing Managers’ Index (PMI) for manufacturing was recorded at 52 in the month of August. Congress leader P Chidambaram on Saturday attacked Union Minister of Finance Nirmala Sitharaman for describing the coronavirus pandemic as an “Act of God”, wondering why India’s economy … Will the FM as the Messenger of God please answer?The coronavirus pandemic severely hit Goods and Services Tax collection, creating a deficit of Rs 2.35 lakh crore for the 2020-’21 fiscal year, the Ministry of Finance had said on Thursday.The Centre had released over Rs 1.65 lakh crore as Goods and Services Tax compensation to states for the 2019-’20 financial year, including Rs 13,806 crore for March. Links 9/1/2020 - 09/01/2020 - Yves Smith; Michael Hudson: How an “Act of God” Pandemic Is Destroying the West: The U.S. Is Saving the Financial Sector, Not the Economy - 09/01/2020 - Yves Smith; Teachers Strike Authorization Vote Looms as Union and City Launch Last-Ditch Safety Talks - 09/01/2020 - Yves Smith; CalPERS Misappropriates Funds, a Violation of the Criminal Code, By … Again, the entire financial burden falls on the states.” Chidambaram accused the Narendra Modi-led government of absolving itself of all responsibility, which he called a “betrayal as well as a direct violation of law”.Under the second option, States are asked to borrow from the RBI window.

Something shifted in me during that car ride that has left me changed. The Economy of the Kingdom. (File photo: ANI)NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said that the economy is facing an extraordinary 'act of God' in form of the coronavirus pandemic which may result in contraction in India's growth for the current fiscal. Good news: Sequential recovery picks up . Covid an 'act of God', may result in contraction of economy: Nirmala SitharamanFinance minister Nirmala Sitharaman (left) with MoS Anurag Thakur during the 41st GST council meet.

It is more market borrowing, only by a different name. “Will the FM as the Messenger of God please answer?”If the pandemic is an ‘Act of God’, how do we describe the mismanagement of the economy during 2017-18 2018-19 and 2019-20 BEFORE the pandemic struck India? NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said that the economy is facing an extraordinary 'act of God' in form of the coronavirus pandemic which may … Finance Minister Nirmala Sitharaman on Thursday said the economy has been hit by the COVID-19 pandemic, which is an ‘Act of God’, and it will see a contraction in the current fiscal. Taking a swipe at Sitharaman over the remarks, Chidambaram said, "If the pandemic is an Act of God', how do we describe the mismanagement of the economy during 2017-18, 2018-19 and 2019-20.

Sitharaman had said that the cess collected for GST compensation was only Rs 95,444 crore.

A PMI value above 50 signifies expansion of economic activity. According to the US President, God gave him a favorable response by telling him that Trump would rebuild "the greatest economy in the history of the …

“Under the first option the States are asked to borrow by pledging their future receivables under Compensation cess,” he tweeted.

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