Prime Minister Narendra Modi is protesting too much is a conclusion which is difficult to avoid after listening to his speech at the Company Secretaries annual meet. Mr Modi who normally speaks impromptu relied on slides and comprehensive notes to defend the performance of the Government on economic front. His defence that GDP has not fallen to a low level for the first time is true, but the unfortunate part is that it has happened because of self-inflicted wounds like demonetisation and hasty implementation of GST without doing the necessary ground work. On these issues along with growing unemployment, farmers distress, fall in exports, growing non-performing assets of banks has created a situation which to say the least will make a recovery difficult. To prove the point Reserve Bank of India has lowered growth target and refused to reduce the bank rate as sought by industry as well as supporters of the Government. These conclusions were also reinforced by report of State Bank of India, economic survey and fall in manufacturing. As for the employment statistics less said the better it will be as even companies making profits and considered leaders in their respective field like
Source: Finding fault with critics will not reverse economic slowdown – Kashmir Times
RAJOURI, Oct 6: With no let up in ceasefire violations, Pakistan army on Friday again violated ceasefire and started indiscriminate firing targeting Indian posts in Nowshera area of Rajouri district. Official reports said that Pakistani army at about 8 Pm started firing with automatic weapons in Baba Khori, Laam area of Nowshera sector and targeted Indian army posts. Pak army also targeted residential areas but no loss of life and property was reported. Indian army also gave befitting reply to Pak and retaliated effectively. Intermittent firing was continuing from both sides when last reports came in.
Source: Pak again violates truce in Rajouri – Kashmir Times