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Ahead of Assembly Polls, Tripura parties step up to empower Tribals

Besides CPI-M, all other opposition political parties have to forge an electoral alliance with either INPT or IPFT to get the tribal reserved seats in the Tripura assembly

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Tribals. Wikimedia

Agartala, Sept 14, 2016: Seventeen months ahead of crucial assembly polls in Left-ruled Tripura, political parties, especially tribal-based parties, have stepped up their actions to push their demands including for a separate state.

Two tribal-based political parties- Indigenous Nationalist Party of Tripura (INPT) and Indigenous People’s Front ofTripura (IPFT)- would organise “Delhi Abhiyan” (march to Delhi) to press their demands to the central government.

“A five-member team of IPFT would leave here for New Delhi on Thursday to meet union Home Minister Rajnath Singh, Tribal Affairs minister Jual Oram and others to pursue our long pending demands,” IPFT President Narendra Chandra Debbarma said on Wednesday.

He said: “We would apprise the union Home Minister about the August 23 incident in Agartala. The indigenous tribal people are deprived in Tripura. They need more empowerment.”

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IPFT’s acting general secretary Maybe Kumar Jamatia would lead the team for the “Delhi Abhiyan” and submit a memorandum containing their demands to the union ministers.

In the ethnic trouble, at least 24 people, including five policemen, were injured and 17 vehicles badly damaged on August 23 in Agartala after activists of IPFT took out a rally demanding a separate state.

Both the INPT and IPFT have been demanding more power to Tripura Tribal Areas Autonomous District Council (TTAADC), a constitutional elected body, introduction of inner-line permit in Tripura to protect the tribals, recognition of tribal language – Kokborok – in the 8th Schedule of the Constitutions, reservation of 50 per cent seats for the tribals in the 60-member Tripura assembly.

The IPFT has been agitating for the creation of a separate state, carved out by upgrading the TTAADC area. The TTAADC was formed in 1987 under Sixth Schedule of the Constitution to protect and safeguard the political, economic and cultural interests of the tribals.

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The politically important council constitute two-third of Tripura’s 10,491 sq.km area.

The INPT, which opposes the separate state demand, would organise a six-hours sit-in-demonstration in Delhi and meet the central ministers in the first week of December.

“We would highlight our demands during our “New Delhi Abhiyan”. We have taken this decision at our central working committee meeting held here on Tuesday,” INPT spokesman Srota Ranjan Khisa said on Wednesday.

He said that the INPT would organise a mass campaign during the next two months in support of its demands across the state. The INPT would hold a meeting with its four frontal organisation leaders on September 22 to make successful the upcoming party programme.

In Tripura politics, tribals and tribes based political parties play a vital role as 20 seats in the 60-member Tripura assembly are reserved for the tribals, who constitute a third of Tripura’s four million populations.

Political analyst Tapas Dey said that though almost all political parties, including the ruling CPI-M (Communist Party of India-Marxist), CPI (Communist Party of India), opposition Congress, Bharatiya Janata Party and Trinamool Congress strongly opposed the IPFT’s separate state demand, the tribal party has gained base among the tribals spearheading the demand.

“Except the CPI-M, all other opposition political parties have to forge an electoral alliance with either INPT or IPFT to get the tribal reserved seats in the Tripura assembly. That’s why the political parties have maintained a close rapport with them and other tribal parties,” Dey told IANS. (IANS)

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Automotive Industry To Benefit From Corporate Tax Cut, Says ICRA

India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday

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India, Tax cut, Automotive Industry
India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut. Wikimedia Commons

India’s automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday.

“Under the current weak demand conditions, OEMs (original equipment manufacturers) are expected to pass on some of the benefits of tax revision to the end consumers,” ICRA Vice President and Sector Head Pavethra Ponniah was quoted in a statement.

“This implies that the price correction in coming months will to an extent address the demand side issues. Moreover, clarity from the government, that there is no further GST or cess revision, will help consumers who were waiting for improved clarity prior to their car purchase decision,” she added.

According to ICRA, the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation, which augurs well for the industry.

In 2019-2020, India has imported auto components worth $17.6 billion.

India, Tax cut, Automotive Industry
the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation. Pixabay

ICRA also said that given the increasing US-China trade tensions, revision in corporate tax will attract FDI in Indian manufacturing sector, as the revised tax structure is now in line with other emerging markets.

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“In the current fiscal, the Indian automotive industry, especially the passenger vehicle segment, has witnessed one of the worst slides since the last two decades because of multiple factors,” the ratings agency said in a statement.

“Tighter financing environment for consumers and the liquidity crunch faced by dealerships coupled with weak farm income and overall slowdown in economic activity has impacted consumer sentiments and purchasing behaviour,” the statement added. (IANS)