Higher FDI inflows, stable tax regime, support to farmers: KCR unveils party’s national agenda

Last Update: February 06, 2023, 13:45 IST

KCR also suggested that the salaries of Anganwadi and ASHA workers, helpers and home guards be raised to a ‘dignified’ level. (Photo: PTI)

KCR’s party, which has been at loggerheads with the central government over mounting debt, said in its agenda that it would re-examine the existing Fiscal Responsibility and Budget Management (FRBM) limit and credit limit for the need of the hour. Will prepare again.

At the first Bharat Rashtra Samithi (BSR) meeting outside Telangana on 5 February, Chief Minister K Chandrasekhar Rao unveiled his party’s strategy focusing not only on “best practices” but “next practices”.

At a meeting in Maharashtra’s Nanded, KCR said that in the 75th year of independence, the country needs a new direction and is still struggling for basic minimum needs. “A significant section of our people is still unemployed and poor,” KCR said.

CM said that his party will strengthen the country through economic, constitutional, electoral, judicial, administrative and administrative reforms.

The BRS promised to introduce policies for higher FDI inflows, for which it would develop Special Economic Zones (SEZs) like China, stable tax regime and no retrospective changes in laws. Other measures include improving ease of doing business, removing restrictions on foreign investment, and addressing issues hindering growth.

For example, removing bottlenecks by improving container handling capacity and turn-around time at ports, improving average speed on NHs and freight traffic on rail and reducing time for receiving customs clearance.

KCR’s party, which has been at loggerheads with the central government over mounting debt, said in its agenda that it would re-examine the existing Fiscal Responsibility and Budget Management (FRBM) limit and credit limit for the need of the hour. Will prepare again.

Learning from other countries, the BRS pointed out that China took loans from public sector banks to finance infrastructure. Many countries have a debt greater than their GDP: USA 106%, Japan 237%, Singapore 109%, Italy 133%.

The party also suggested that the salary/remuneration of lower level workers like Anganwadi workers and helpers, home guards and ASHA workers be raised to a “dignified” level.

Formed with the slogan ‘Ab Ki Baar Kisan Sarkar’, the BRS said in its agenda that farmers do not earn enough to feed their families. Therefore, if voted to power, the party will provide them investment assistance at the rate of Rs 1,00,00 per acre (Rs 5,000 per crop per season for both Kharif and Rabi). The party also promised to provide water to every village in the country in 5-6 years.

In the health sector, the BRS proposed to take its KCR kit program to the entire country. (Rs 12,000 for male child / Rs 13,000 for girl child + kit).

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