Economy in bad shape, 'tax terrorism' should be curbed: Subramanian Swamy

Subramanian Swamy said that every university should have police personnel on the campus, and JNU, which is in news for a recent incident of violence, should be closed for two years.

Published: 11th January 2020 12:21 AM  |   Last Updated: 11th January 2020 01:12 AM   |  A+A-

BJP leader Subramanian Swamy

BJP leader Subramanian Swamy (File Photo | PTI)


AHMEDABAD: The BJP's Rajya Sabha MP Subramanian Swamy said on Friday that the country's economy was in "dire times", and "tax terrorism" should be ended to encourage investors.

He also said that every university should have police personnel on the campus, and Jawaharlal Nehru University (JNU), which is in news for a recent incident of violence, should be "closed for two years".

"The economy is in dire times, everything is going downwards if the trend continues banks will close down, NBFCs will close down and (it will) lead to disaster," Swamy said, speaking to reporters here.

He was speaking on the sidelines of a programme at Indus University.

"The measures that can be taken are, first,  Income Tax needs to be abolished. The tax terrorism in our country needs to be reined in so that people start investing and do not fear taxman," he said.

"The problem we are facing at present is a lack of demand, we have a good supply. So the government needs to print notes and put it in the hands of people to boost demand. The government needs to build roads, big six-lane, eight-lane roads," he added.

Asked about the recent violence at JNU in Delhi, Swamy said for the safety of students, every university should have police presence on the campus as in the United States.

"In universities like JNU we should have not only police but CRPF and BSF too," he said.

JNU should be closed for two years and its "good students" should be shifted to other universities like Delhi University, the MP, known for making controversial statements, added.

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp