Latest news with #SyedZafarIslam
Time of India
18 hours ago
- Business
- Time of India
BJP says eco parameters up, promises vibrant Diwali
BJP national spokesperson Syed Zafar Islam NEW DELHI: BJP on Tuesday highlighted the impact of GST reforms alongside cuts in interest and income tax rates, asserting that the measures taken by govt had fueled economic growth, promising a vibrant Diwali with increased spending power for citizens. At a press conference, BJP spokesperson Zafar Islam said that GST collection had reached a record Rs 2 lakh crore. "PM Narendra Modi announced from the Red Fort that relief will be given in GST, and the concessions provided will greatly benefit the people. Such a good Diwali has not been seen in the last 50 years as will be seen this time. On this Diwali, the possible GST rate cut, the rate cuts already implemented, the reduction in interest rates, and the income tax rate cuts - all these together will further boost the country's economy," Islam said. He said when BJP handed over the economy in 2004, it was strong, but by 2014, every parameter was in a dire state. "Since 2014, under Modi's leadership, India has emerged as a global economic powerhouse. From a $2.4 trillion economy, it has soared to $4.3 trillion, climbing from the 11th to the 4th largest economy worldwide," Islam said, noting that global rating agencies have upgraded India's rating from Triple B Minus to Triple B Flat. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo He said while the world grappled with inflation and tariff challenges, India stands resilient as inflation has dropped from 9.7% in 2013 to 1.5% today, with food inflation at -1.6%. "The prices of onions, tomatoes, and potatoes have actually fallen," Islam said. tnn
Time of India
a day ago
- Business
- Time of India
US tariffs will have least impact on India, says BJP
New Delhi: BJP on Tuesday emphasised that there will be minimal impact of the high tariffs imposed by the US on the Indian economy as it is largely domestic consumer driven. "Many kinds of talks are happening regarding tariffs, and it is being said that this will ruin the country's economy. But the truth is that the impact of tariffs on India will be the least, the reason being that domestic consumption contributes about 58% to India's GDP," BJP spokesman Syed Zafar Islam told media persons at a press briefing at the party office in New Delhi. Islam said the Modi government has taken steps such as rationalisation in GST, reduction in interest rates, and relief in income-tax to the middle class. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo "These measures have provided the economy with an additional stimulus of about 100 basis points. That is why, whatever external impact there may be, the pace of India's economy will not stop, rather it will accelerate further," he said. Islam emphasised that India's economy is not export-driven, unlike Indonesia, Malaysia, or Singapore. Taking a jibe on Congress leader Rahul Gandhi 's 'dead economy' remark, Islam said Gandhi has not understood this fact and should know that the economy is strong. Talking about the recently announced GST reforms , Islam said this will benefit people and further accelerate the country's economy. Live Events
Hans India
3 days ago
- Politics
- Hans India
BJP counters Congress allegations on voter rolls, says Rahul Gandhi peddling ‘lies'
The BJP on Sunday launched a sharp counterattack on Congress and RJD over their allegations of electoral roll manipulation, with party leaders dismissing Rahul Gandhi's charges as 'baseless lies' aimed at undermining democratic institutions ahead of the Bihar elections. BJP national spokesperson Syed Zafar Islam, speaking to IANS in Mumbai, said the Election Commission (EC) is an independent body and should not be dragged into partisan politics. 'The Election Commission is an independent body, and all institutions and political parties are equal before it. It works independently without any interference. Making such allegations against it is wrong. The EC has clearly stated that if you make false accusations, provide evidence. If there is no proof, then go to court. Without evidence, such claims are understood to be baseless,' Islam said. On Rahul Gandhi's Voter Adhikar Yatra, Zafar Islam took a dig at the Congress leader. 'Wherever Rahul Gandhi has gone, Congress has faced a complete wipeout. Now that he has stepped into Bihar, Congress is set to face the same fate here as well,' he remarked. In Patna, BJP leader Shahnawaz Hussain lauded the EC's detailed press conference on Sunday, saying it had given a 'strong response' to those 'creating unrest.' 'The names that were supposed to be collected have been collected, and if any names are still pending, there is still time to submit the forms,' Hussain told IANS. The saffron party also intensified its digital offensive, with BJP spokesperson Pradeep Bhandari posting a point-by-point rebuttal on X to counter Congress leader Jairam Ramesh's claims. Bhandari accused Rahul Gandhi of 'destroying public trust in elections by peddling lies' and challenged him to file an affidavit under oath if he truly believed in his allegations. The BJP's aggressive rebuttal indicates it is unwilling to cede ground on the election integrity debate, with leaders accusing the Congress of deliberately sowing doubts ahead of the Bihar polls.
