Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: ACCOUNTING STANDARD :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: due date for vat payment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: TDS :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: cpt
« Budget Extravaganza »
 Why advancing the Union Budget date may not make much difference
 Govt keen 2017-18 budget should not clash with polls: Arun Jaitley
 Finance Ministry seeks industry suggestions on taxation for Budget
 Budget should focus on fiscal firm up
 Finance ministry keen to present Budget on February 2 or earlier
 Poor railway performance may mar merged Budget
 Cabinet’s formal nod to be sought for Budget on Feb. 1
 Finance Ministry may talk to EC before finalising Budget date
 Govt starts biggest ever overhaul of Budget
 How does an early budget impact you
 Welcome steps to overhaul the Budget

Cong post budget session
August, 08th 2009

It was a honeymoon cut short for the newly-elected UPA-II this Budget session, even as the fallout of Prime Minister Manmohan Singhs visit to red sea resort of Sharm-el-Sheikh brought the post-election feel good period to an end.

The Congress hubris of numbers in the Lok Sabha outlived the Indo-Pak fiasco scripted in Egypt mid-way through the session. But, by the time Parliament adjourned sine die on Friday, the figure of 314 MPs buffeting government side looked considerably emaciated.

The Yadav brethren Mulayam Singh and Lalu Prasad who are outside supporters of the Congress-led coalition seemed arraigned on the Opposition side, given the formers anti-government interjections on the RIL-RNRL gas row and the latters stinging pot shots at missing Congress ministers in the House.

Left out in the cold by Congress, which failed to deliver on the promise of a co-ordination mechanism, the out-of-power SP and RJD made their irritation with Congress amply clear even taking the uncharacteristic hard-line position on Pakistan during the debate on the Indo-Pak joint statement.

BSP, for its part, was fighting its Uttar Pradesh battles with Congress in Parliament even as any co-ordination worth its name actually took place unofficially among the Opposition BJP and the Left. On neutral issues ranging from the 2G Spectrum scam to price rise and the Judges (Declaration of Liabilities and Assets) Bill, the government was cornered. As law minister Veerappa Moily, who stood up to introduced the Judges Bill found out, Congress lack of numbers in the Rajya Sabha could easily trip up the government in a crunch situation.

The fracas over missing ministers during the moving of the Rubber (Amendment) Bill in Lok Sabha reinforced the notion that Congress ministers were not taking their responsibilities seriously even Congress chief Sonia Gandhis issued strictures against poor attendance in the Houses. The goof ups due to lack of co-ordination at parliamentary affairs level were pounced on by an eager Opposition.

Other than a handful of senior ministers, the UPA ministerial might of 70 was hard to spot. DMKs Azhagiri refuses to answer questions in Parliament, Tamil Nadus opposition AIADMK charged, even as TCs Mamata Banerjee was conspicuous by her absence at a lunch for all parties hosted by the government MPs after stormy Cabinet meeting the night before. Her party opposed disinvestment in the House and the Land Bill outside.

The answer to where things started to get difficult for the UPA is easy to spot: In the innocuous-looking two lines in Indo-Pak joint statement, one debracketing terrorism and the dialogue process and the other mentioning Balochistan. It became the pivot around which other issues coalesced. BJP, which was until then battling its own demons of in-fighting after the debacle of the Lok Sabha elections, happily embraced the opportunity to fight the PMs surrender of Indias interests.

But it was Congress which queered the pitch further with its resolute silence on whether it backed the PMs new Pakistan initiatives. Ms Gandhi spoke up in favour of the PM finally, but not before Mr Singh signalled against the resumption of the dialogue process.

All in all, what began as a chance to build on a handsome election mandate for Congress turned out to be a missed opportunity for the UPA government.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions