‘Current year’s GDP growth, even if positive…’ : Dr Thomas Isaac

Thomas Isaac Economic Stimulus India News

Dr Thomas Isaac, Former Finance Minister, Kerala :

Fiasco of Indian vaccine policy is going to cost country dearly.

Current year’s GDP growth, even if positive, is unlikely to raise economy to pre-pandemic level.

And if a third wave hit us,current year growth also will be negative on the top of previous years severe contraction.

Development Agenda of new LDF government..: Dr Thomas Isaac

Thomas Isaac - Finance Minister Kerala

Thomas Isaac – CPIM leader:

Development Agenda of new LDF government:

Take forward welfare-livelihood program to abolish absolute poverty.

Overcome infrastructure deficit with the help of KIIFB.

Tackle unemployment, generating quality jobs by transforming Kerala into a knowledge economy

We need daily production of more than 65 lakh doses if we are to cover entire population above age 18: Thomas Isaac

Thomas Isaac Economic Stimulus India News

There is no sufficient production of vaccine in India to supply states demand.

The centres move to earmark 18-45 age group for vaccination by states through direct procurement is a clever political ploy to put blame on states for the confusion that is inevitable

We need daily production of more than 65 lakh doses if we are to cover entire population above age 18.

But daily production is only 30 lakh doses.

What is the agenda of central govt to boost production?

Stop vaccine exports for now.

A program to expand the capacity?

It is now official. Kerala CM has endorsed ‘vaccine challenge’: Thomas Isaac

It is now official. Kerala CM has endorsed vaccine challenge.

At 9 PM the remittances to CMRF vaccine account have crossed ₹1.65 crores.

Only BJP has been denigrating this spontaneous initiative from below. If any one has doubts read the comments on my tweets

Earlier Tweet

In solidarity with the protests against Centres Vaccine Policy few youth launch a hashtag campaign (#vaccinechallenge) to donate the cost of 2 doses to CMDRF, while insisting on free vaccination.

Within 24 hours ₹35 lakhs remitted.

Dr Thomas Isaac – Finance Minister, Kerala
Thomas Isaac Economic Stimulus India News

Why doesn’t Kerala have Mandi system? : Thomas Isaac

Thomas Isaac, Kerala Finance Minister :

Why doesn’t Kerala have Mandi system?

Elementary bakht -more than 80% of our cropped area are under commercial crops for which there are separate Commodity Boards with independent marketing regulations. (Coconut exempted.)

Yet we intervened with MSP to protect the farmers.

Thomas Isaac Economic Stimulus India News

GST Compensation – Some of the States are likely to approach SC: Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

Some of the States are likely to approach SC against discriminatory and illegal action of Centre regarding GST Compensation.

Kerala CM to chair a meeting of law, tax and finance departments and advocate general to take final decision on Kerala’s stance tomorrow afternoon.


3rd poorest in South Asia

According to IMF, with catastrophic economic collapse India will slide to 3rd poorest in South Asia with only Pakistan and Nepal reporting lower per capita GDP.

Even Bangladesh would move ahead of India with $1888per capita as against India’s $1877 in 2020. Total policy failure!

The labor laws introduced in Lok Sabha as money bills under Aricle 117(3) of the constitution? : Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

“The President, having been informed of the subject matter of proposed Occu Safety, Health and Working Conditions Code, 2020, recommends to the House the introduction if the Bill…under Article 117(1) and the consideration of the Bill under Article 117(3) of the Constitution”

The labor laws introduced in Lok Sabha as money bills under Aricle 117(3) of the constitution?

BJP is afraid of even having a open debate in Rajya Sabha.

May be they learnt a lesson today when they couldn’t accept challenge of physical voting.

Protest the fraud on constitution.

Kerala declares ₹2000 per hectare as environment royalty: Dr Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

As a token of appreciation of role of wetlands owners in environmental conservation Kerala declares ₹2000 per hectare as environment royalty.

This is besides the around ₹12000 per hectare support given to paddy growers, varying according to local govts.
A new beginning.

Steps that will ensure no one would go hungry: Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

All 88 lakh households in Kerala to be given additional 8 item food kit for next 4 months along with rations. Cost- ₹1800cr.

It combined with monthly welfare payments of ₹1400 and 1000 budget hotels will ensure that no one would go hungry as Covid spread continues

How to reopen the government from lockdown? : Dr Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

How to reopen the government from lockdown?

Here is the Kerala way.

100 programs in 100 days.

They include relief, creation of 0.5L non- agri jobs, farmer-MSME support and completion of major infra projects.

Total budget and off budget investment will be around ₹25000cr

I welcome new stance of Centre: Dr Thomas Isaac

Dr Thomas Isaac – Finance Minister, Kerala:

I welcome new stance of Centre that it was never its idea to deny full GST compensation.

Glad to be corrected.

But deferring half the compensation for better times, ipso facto, is deferring public expenditures to better times.

It is the surest way of deferring future good days.