Why Manmohan Singh is suggesting young leaders like Rahul Gandhi to lead the country?
Manmohan Singh is now fed up with Indian politics and especially with the team of politicians which he is leading. He realizes very well that he has failed on all fronts. Politically Mr. Singh has been always treated as weak politician and it is open secret that Ms Sonia Gandhi controls Mr. Singh in all matters. Nowadays even Mr. Rahul Gandhi has started giving indirect lessons to learned Doctor Manmohan Singh. Other old congressmen take advantage of his weakness and think it wise to indulge in flattery so that they may continue to remain and hold powerful post which enables them to earn and accumulate wealth to unlimited extent. Flattery and culture of precious gift in our country (elements of corruption) have the power to make all impossible tasks as possible.
Economics propagated by Mr. Manmohan Singh in 1991 is going to be proved as great failure. People in general have understood the deficiencies and demerits of free economy as spearheaded by developed countries like USA in nineties and launched in India since 1991 under the leadership of late P V Narsimha Rao, the then Prime Minister of India and the then Finance Minister Mr. Manmohan Singh. Even the nations which pioneered free economy have now started taking steps to regulate their economy tightly, restricting freedom given to businessmen and adopting policies of socialism or communism or policies termed as protectionism. Policy of unrestricted freedom and that of full deregulation of economy and that of disinvestment, have caused irreparable damage to common men in our country too because these policies have resulted in intolerable price rise and widening gap between the rich and the poor. This has happened only because of unrestricted freedom given to manufacturers, traders and service providers.
Country is more or less now in the hands of capitalists and terrorists. Capitalists are dictating the terms to the government to earn more and more profit because it is they who help politicians in election and in survival of the government. Terrorists dictate the term because they blackmail the leaders who are mostly corrupt, they dictate the terms to the government because they use poor population of the country as shield and to justify their terrorism, because they are mentors and saviors of so many politicians of all the political parties. More over terrorists are growing financially stronger and stronger due to the fact they collect dadagiri tax from all segment of citizen in the country. Terrorists have got success in growing their network and their power to threaten and blackmail the prominent leaders because they are also supported and sponsored by enemy country like Pakistan. Manmohan Singh has failed to bring peace in Kashmir and failed to stop infiltrations. As such Manmohan Singh is not satisfied with his own performance on the issue of relation with neighboring countries also.
On the matter of administration, everyone knows that though Mr. Manmohan Singh is himself a clean and honest person. But being the head of the country he has failed to perform his duty of controlling and minimizing rampant corruption prevalent in all offices and departments of government. Common men under his regime cannot expect earning minimum bread and butter, education, electricity, minimum health care and at least justice from any court in acceptable short period. When Mr. Manmohan Singh became for the first time as Prime Minister of the country people of India had great expectation from him .unfortunately Mr. Singh has belied the hopes of common men on the issue of clean administration, safety and security, equitable and well distributed growth and foreign relation as defined by Nehru and Indira Gandhi in the name of Non alignment.
This is why now Mr. Manmohan Singh has himself expressed that Rahul Gandhi like young leader should lead the country. This is another example of flattery. In a vast country like India with 110 crore population Mr. Manmohan Singh could see only Rahul Gandhi as the young and fit person to lead the country. There are several politicians in his own congress party who are young and talented too to lead the country, not to speak of young leaders of other parties who too have desire to become Prime Minister of the country. Though India is a democratic country, fruits of democracy are available only to those politicians and officials who are connected directly or indirectly to powerful lobby in politics or in administration.
Danendra Jain
21.11.2010
Saturday, November 20, 2010
Tuesday, August 31, 2010
Powerful Pawar cause of concern for PM
Sharad Pawar Agriculture Minister is another weak element in UPA after Shiv Raj Patil, previous home minister of the country.Mr. Pawar has failed on all fronts. Not only Growth in Agriculture is unsatisfactory, even management of cricket board is dubious and always disputed.
Now it is the turn of Sharad Pawar to become President of India or at least nominated as Governor of any state in unison with tradition of Congress Party which is to award inefficient senior or corrupt party men with the post of Governor or head of any PSU or director in any PSB.
Government unnecessarily blames global recession or monsoon for ongoing unabated price rise, but actually it is due to mismanagement and complete negligence on the part of officers and lack of monitoring by Ministry. Food grains are allowed to rot in open or stored without enough safety measure in godowns whereas poor person in particular starve and common men in general have to pay higher price for all essential commodity.
Why serious actions against guilty and inefficient officers are not taken without delay to convince Supreme Court that government is serious on execution of Court order. And at least PM should change the Minister without the fear of repercussion from Sharad Pawar’s party (NCP) or for survival of government in Maharashtra.
Is it not shame for the government that Apex court has to pass strictures against ruling government or pass an order on any issue?
It is ridiculous as also shameful that the concerned Minister still talk of ‘suggestion’ during debate in Parliament instead of understanding that Apex court has clearly given an order to comply with. Entire media has been consistently criticizing role of Mr. Pawar and people of India in general condemn such minister but our PM like Manmohan Singh prefers to be silent spectator till the matter goes beyond control.
We have seen the same fate of Common Wealth Game and we will face the bad effects of spread of naxalism or terrorism or mismanagement in banks and PSUs very soon.
After all why does PM so much inertness? Common men cannot be happy with daily but empty talk of GDP growth in the corridors of economist or India doing better even during the period of global recession.
Dkjain49709@rediffmail.com
Danendra Jain
01.09.2010
Now it is the turn of Sharad Pawar to become President of India or at least nominated as Governor of any state in unison with tradition of Congress Party which is to award inefficient senior or corrupt party men with the post of Governor or head of any PSU or director in any PSB.
Government unnecessarily blames global recession or monsoon for ongoing unabated price rise, but actually it is due to mismanagement and complete negligence on the part of officers and lack of monitoring by Ministry. Food grains are allowed to rot in open or stored without enough safety measure in godowns whereas poor person in particular starve and common men in general have to pay higher price for all essential commodity.
Why serious actions against guilty and inefficient officers are not taken without delay to convince Supreme Court that government is serious on execution of Court order. And at least PM should change the Minister without the fear of repercussion from Sharad Pawar’s party (NCP) or for survival of government in Maharashtra.
Is it not shame for the government that Apex court has to pass strictures against ruling government or pass an order on any issue?
It is ridiculous as also shameful that the concerned Minister still talk of ‘suggestion’ during debate in Parliament instead of understanding that Apex court has clearly given an order to comply with. Entire media has been consistently criticizing role of Mr. Pawar and people of India in general condemn such minister but our PM like Manmohan Singh prefers to be silent spectator till the matter goes beyond control.
We have seen the same fate of Common Wealth Game and we will face the bad effects of spread of naxalism or terrorism or mismanagement in banks and PSUs very soon.
After all why does PM so much inertness? Common men cannot be happy with daily but empty talk of GDP growth in the corridors of economist or India doing better even during the period of global recession.
Dkjain49709@rediffmail.com
Danendra Jain
01.09.2010
Tuesday, August 10, 2010
People of India and painful problems
Prime Minister of India Sri Manmohan Singh is honest , simple and with clean image but is not active and effective as people of India expect from him. It may be the issue of price rise, corruption or lack of basic amenities infra structure for common men or the threat of naxalism and terrorism to common men. He talks of only GDP growth which means Garibi Development Programme. Rich people are growing richer. He gives relief of Interest to Industrialists and real estate developers but do not think it wise to care for senior citizens whose survival depends on interest income. I like to pinpoint following national issues.
State level inertness or ineffective central government or anger of God has made te situation a point of concern for all ministers in Government.
Kashmir: Curfew continues for last fifteen days due to violent agitation and uncontrollable destruction of property carried out by Kashmiri militants instigated by Pakistani terrorist. Kasmir is boiling and people are facing war like situation but PM is talking of peace since he took the charge of PM
Kolkata West Bengal: Naxalites attacks trains and local inhabitants. Mamta organised rally at Lalgarh along wit naxals and she without any hesitation is putting pressure on central government to stop Green hunt operation launched by P Chidambram Home Minister merely to disturb West Bengal Government.
Chhatishgarh : Naxals attacks frequently on CRPF jawans and kills hundreds of them in Dantewara.
Ahmadabad in Gujrat and Badmer in Rajasthan: Nature is destroying property worth hundreds of crores of rupees and giving trouble to lacs of residents and bent upon destroying property worth crores of rupees in Ahmadabad and other towns by way of flood. But action for giving relief is very low from te side of government.
Madhya Pradesh and Gujarat: IAS officers are trapped by CBI and Anti Corruption Bureau who were found to possess property worth hundreds of crores of rupees and government is not in a position to punish even IAS officers and IPS officers. There are more than 150 officers and more than 100 bank executives and a good number of PSU heads cases of corruption pending for investigation and punishment with CBI either in want of enough manpower to pursue the case expeditiously or under pressure of VIPs of government.
Bihar: CM is accused of involved in misuse of development fund worth 11000 crores. Train dacoity and misbehave with passengers have become a common feature. Frequent train accident due to negligence is a matter of concern.
Jharkhand: Madhu Koda trapped in playing with government fund involving hundred of crores of rupees. Frequent bunds called by naxal organizations have fully disturbed and paralyzed normal life in the state of Jharkhand, Orrisa, West Bengal and Andhra Pradesh.
Karnataka: Reddy brothers are accused of indulged in illegal mining causing loss of hundreds of crores of rupees to government of Andhra Pradesh.
Kerala : Church and CPM are crying against each other.
Delhi: Suresh Kalmadi playing Corrupt Wealth Game allegedly causing loss of thousands of crores of rupees to government. National pride and national image is getting tarnished in International forum. India is likely to acquire number one position among list of most corrupt nations of the world. Magnitude of corruption is in no case less than annual March Mahaloot occurring in the country in every state.
Uttar Pradesh: Food grain worth crores of rupees damaged in want of proper storage facilities to store food grain items procured by farmers.
Madras Tamilnadu: Indian Bank Association in collusion with union leaders cheated PF optees of PSU banks by signing discriminatory and illegal 9th Bipartite Settlement with union leaders of bank. Madras High court stayed the recovery from PF optees but IBA is bent upon making recovery without giving offer for pension to eligible PF optees as per settlement.
Mumbai Maharashtra: Two big ships collided in Arabian Sea and there is fear of hundreds of oil tankers drawn into see and cause loss to environment, loss of sea birds and poisoning of water. No steps appear to have been taken to stop damage.
Leh : Cloud burst kills hundreds of person and destroys property worth crores of rupees.
National Issues causing concern in India: Common men in the entire country are facing pain of unbridled and unabated price rise in all essential commodities. And government of India is finding it difficult to control the same. Mutual blame game between state government and central government continues since long and people of India are silently bearing the brunt of price rise.
Corruption in centrally sponsored programme namely NREGA has beaten all past record of corruption.
Lacs of cases are pending in various courts in India in want of enough manpower, adequate infra structure and required number of judges. Judicial reform promised by various governments during last two decades is not moving in right direction of achieving the desired success
Education reforms promised and propagated by Kapil Sibal are yet to see rays of success and there is remote possibility of getting any considerable any reformation in education system. Tuition fee charges by schools, colleges, medical colleges and engineering institutes are still beyond the rich of common men.
Quantum of Non Performing Assets in banks is growing rapidly because there is no full proof method of recovering money from willful defaulters. Bank managements therefore hide NPAs to show higher profit. This has taken the shape of incurable cancer
Indian borders are still not having watertight security and due to this infiltration of terrorists in India from across the border continues unabated. Buses going outside India or vehicles plying in border areas are prone to security lapses due to negligent attitude of customer officials entrusted with the duty of checking the passengers..
Labour laws are yet to be reformed. Discrimination in various fields continues unabated.
Adulteration in food grain items is increasing rapidly, fake drugs and medicines are in circulation, fake notes are coming in market in large quantity, accidents are increasing, crime is increasing but police is still inactive and criminal friendly.
It is pity that above mentioned problems are not taken as a problem by government. MPs and MLAs are playing Kabaddi in Parliament and state Assemblies. Various parties are indulged in mutual blame game and they focus on strategy to win the election and not to give relief to common men.
State level inertness or ineffective central government or anger of God has made te situation a point of concern for all ministers in Government.
Kashmir: Curfew continues for last fifteen days due to violent agitation and uncontrollable destruction of property carried out by Kashmiri militants instigated by Pakistani terrorist. Kasmir is boiling and people are facing war like situation but PM is talking of peace since he took the charge of PM
Kolkata West Bengal: Naxalites attacks trains and local inhabitants. Mamta organised rally at Lalgarh along wit naxals and she without any hesitation is putting pressure on central government to stop Green hunt operation launched by P Chidambram Home Minister merely to disturb West Bengal Government.
Chhatishgarh : Naxals attacks frequently on CRPF jawans and kills hundreds of them in Dantewara.
Ahmadabad in Gujrat and Badmer in Rajasthan: Nature is destroying property worth hundreds of crores of rupees and giving trouble to lacs of residents and bent upon destroying property worth crores of rupees in Ahmadabad and other towns by way of flood. But action for giving relief is very low from te side of government.
Madhya Pradesh and Gujarat: IAS officers are trapped by CBI and Anti Corruption Bureau who were found to possess property worth hundreds of crores of rupees and government is not in a position to punish even IAS officers and IPS officers. There are more than 150 officers and more than 100 bank executives and a good number of PSU heads cases of corruption pending for investigation and punishment with CBI either in want of enough manpower to pursue the case expeditiously or under pressure of VIPs of government.
Bihar: CM is accused of involved in misuse of development fund worth 11000 crores. Train dacoity and misbehave with passengers have become a common feature. Frequent train accident due to negligence is a matter of concern.
Jharkhand: Madhu Koda trapped in playing with government fund involving hundred of crores of rupees. Frequent bunds called by naxal organizations have fully disturbed and paralyzed normal life in the state of Jharkhand, Orrisa, West Bengal and Andhra Pradesh.
Karnataka: Reddy brothers are accused of indulged in illegal mining causing loss of hundreds of crores of rupees to government of Andhra Pradesh.
Kerala : Church and CPM are crying against each other.
Delhi: Suresh Kalmadi playing Corrupt Wealth Game allegedly causing loss of thousands of crores of rupees to government. National pride and national image is getting tarnished in International forum. India is likely to acquire number one position among list of most corrupt nations of the world. Magnitude of corruption is in no case less than annual March Mahaloot occurring in the country in every state.
Uttar Pradesh: Food grain worth crores of rupees damaged in want of proper storage facilities to store food grain items procured by farmers.
Madras Tamilnadu: Indian Bank Association in collusion with union leaders cheated PF optees of PSU banks by signing discriminatory and illegal 9th Bipartite Settlement with union leaders of bank. Madras High court stayed the recovery from PF optees but IBA is bent upon making recovery without giving offer for pension to eligible PF optees as per settlement.
Mumbai Maharashtra: Two big ships collided in Arabian Sea and there is fear of hundreds of oil tankers drawn into see and cause loss to environment, loss of sea birds and poisoning of water. No steps appear to have been taken to stop damage.
Leh : Cloud burst kills hundreds of person and destroys property worth crores of rupees.
National Issues causing concern in India: Common men in the entire country are facing pain of unbridled and unabated price rise in all essential commodities. And government of India is finding it difficult to control the same. Mutual blame game between state government and central government continues since long and people of India are silently bearing the brunt of price rise.
Corruption in centrally sponsored programme namely NREGA has beaten all past record of corruption.
Lacs of cases are pending in various courts in India in want of enough manpower, adequate infra structure and required number of judges. Judicial reform promised by various governments during last two decades is not moving in right direction of achieving the desired success
Education reforms promised and propagated by Kapil Sibal are yet to see rays of success and there is remote possibility of getting any considerable any reformation in education system. Tuition fee charges by schools, colleges, medical colleges and engineering institutes are still beyond the rich of common men.
Quantum of Non Performing Assets in banks is growing rapidly because there is no full proof method of recovering money from willful defaulters. Bank managements therefore hide NPAs to show higher profit. This has taken the shape of incurable cancer
Indian borders are still not having watertight security and due to this infiltration of terrorists in India from across the border continues unabated. Buses going outside India or vehicles plying in border areas are prone to security lapses due to negligent attitude of customer officials entrusted with the duty of checking the passengers..
Labour laws are yet to be reformed. Discrimination in various fields continues unabated.
Adulteration in food grain items is increasing rapidly, fake drugs and medicines are in circulation, fake notes are coming in market in large quantity, accidents are increasing, crime is increasing but police is still inactive and criminal friendly.
It is pity that above mentioned problems are not taken as a problem by government. MPs and MLAs are playing Kabaddi in Parliament and state Assemblies. Various parties are indulged in mutual blame game and they focus on strategy to win the election and not to give relief to common men.
Tuesday, August 3, 2010
Joint Straegy to befool voters
Voting or not voting is politically motivated exercise. Common men wants fall in prices of essential commodities and nothing else. Entire discussion in Parliament which took place yesterday i.e. on 2nd of August 2010 on he issue of price rise in disguise of inflationary pressure and is adverse impact on common men was nothing but a well planned mutual blame game to show voters that they are actively thinking for common men.
Opposition parties accused congress of unabated price rise whereas Congress led UPA spokesmen justified the price rise saying that price rise was more during the regime of BJP led NDA government. Congress leaders told that it is the duty of state government to control price rise. They further told that prices of fuels are still lower than rates prevailing in many other countries.
Obviously ruling party has made it clear directly or indirectly that either price rise propaganda created by opposition parties is false and ill motivated or it is the duty of state government to check rise in prices. Ruling party further submitted that NDA government made changes in essential commodities act, launched commodity trading and made the laws traders friendly. During last six years of rule Congress party willfully perhaps did not change the rule only to prove the mistake of NDA government on the floor of the house.
UPA obviously did not take any step to remove hurdles from the path which obstructed and came in way leading to control on rising prices. Of course they will take some corrective steps on the eve of election to please voters at that time. If prices of sugar rises from Rs.15 to Rs 75 per kg during this period and on the eve of next election if price of sugar is brought down to Rs.70/ per kg voters will feel more pleasure and elevated, This diplomacy is nothing new under Congress rule. Even late Indira Gandhi used this tact to ensure success in election keeping business community happy and at the same time to ensure uninterrupted flow of money in party’s account..
Let common men die, starve or face mal nutrition due to rise in adulteration. Congress government nowhere expressed its pain and sympathy for common men. If there is no problem in the eye of ruling party, no solution can be expected from them. Now it is the duty of opposition parties to chalk out their new strategy or to keep calm.
Common men has to remain satisfied by news of discussion on their problem in Parliament or by watching the diplomatic debate on TV which took place in Parliament and which was undertaken to please he common men. A few more bazar bund or gherao of Parliament or arsoning at some places in protest against price rise may perhaps give pleasure to voters.
After all what a poor voter can do?
He has to bear with the system willingly or unwillingly, happily or unhappily, laughing or weeping. Media will also make hue and cry but nothing will happen till next election comes closer.
Danendra Jain
Dkjain49709@rediffmail.com
04.08.2010
Opposition parties accused congress of unabated price rise whereas Congress led UPA spokesmen justified the price rise saying that price rise was more during the regime of BJP led NDA government. Congress leaders told that it is the duty of state government to control price rise. They further told that prices of fuels are still lower than rates prevailing in many other countries.
Obviously ruling party has made it clear directly or indirectly that either price rise propaganda created by opposition parties is false and ill motivated or it is the duty of state government to check rise in prices. Ruling party further submitted that NDA government made changes in essential commodities act, launched commodity trading and made the laws traders friendly. During last six years of rule Congress party willfully perhaps did not change the rule only to prove the mistake of NDA government on the floor of the house.
UPA obviously did not take any step to remove hurdles from the path which obstructed and came in way leading to control on rising prices. Of course they will take some corrective steps on the eve of election to please voters at that time. If prices of sugar rises from Rs.15 to Rs 75 per kg during this period and on the eve of next election if price of sugar is brought down to Rs.70/ per kg voters will feel more pleasure and elevated, This diplomacy is nothing new under Congress rule. Even late Indira Gandhi used this tact to ensure success in election keeping business community happy and at the same time to ensure uninterrupted flow of money in party’s account..
Let common men die, starve or face mal nutrition due to rise in adulteration. Congress government nowhere expressed its pain and sympathy for common men. If there is no problem in the eye of ruling party, no solution can be expected from them. Now it is the duty of opposition parties to chalk out their new strategy or to keep calm.
Common men has to remain satisfied by news of discussion on their problem in Parliament or by watching the diplomatic debate on TV which took place in Parliament and which was undertaken to please he common men. A few more bazar bund or gherao of Parliament or arsoning at some places in protest against price rise may perhaps give pleasure to voters.
After all what a poor voter can do?
He has to bear with the system willingly or unwillingly, happily or unhappily, laughing or weeping. Media will also make hue and cry but nothing will happen till next election comes closer.
Danendra Jain
Dkjain49709@rediffmail.com
04.08.2010
Saturday, July 31, 2010
Inflation Exploitaion and Regulators
There is practically no stagnation for central government employees as per last pay commission recommendation and as accepted by government of India. Why is there stagnation for bank employees particularly when bank is not in a position to accommodate so many candidates in higher scale, when there are fewer vacancies?
For none of fault of senior officers they are denied even annual increment.
When banks do not find such senior officers for promotions, bank should not hesitate in accepting resignation of such officers and allow full pension and retirement benefits. Why officers who resign are not allowed pension, leave encashment or refund of accumulated bank's contribution in PF etc. Bank can remove an officer as per its choice but staff cannot leave the job without loosing his rightful terminal benefits.
Officers who have transferred from outside states to North East States were getting so many incentives as per 1984 circular or as guidelines of IBA as prevalent for central government employees working in other sectors in eighties. Why these incentives have not been revised during last 25 years?
Special allowance fixed Rs.1200/ or Rs.1500/ for specified area is common for all staff posted in North East region. What about additional benefits for those who are transferred from other states to North East?
For outsiders, there was a provision of Rs.1500. p.m. in 1984 when Rs.1500/ was a significant amount compared to prevailing scale of pay for officers at that time. Now even that Rs.1500/ (it should be at least 10000 in view of price rise and scale rise during last 25 years) or 12.5% of pay has been abolished.
Originally North East posting policy was framed for enthusing employees to serve in north eastern based branches for two years and then they were given preferred posting. Unfortunately this holy policy is now misused by greedy and corrupt executives to sideline good officers from their path of earning illegal money and golden gifts.
Incentives also snatched. Preferred posting after completion of two years tenure also lies on the mercy of top officials. There is no shame feeling in the mind of ED or top executives in violating the existing policy or misusing the same in the name of bank’s exigencies.
After all what union leaders are doing?
There are lacs of bank employees who are continuously working in rural areas for one or two decades or even more. On the other hand there a few lacs of bank employees who are continuously posted in Metros and Urban areas. Unfortunately residual a few of employees are facing frequent transfers from one corner to the other corner of the country.
After all what union leaders are doing?
Answer is that they are also standing in the same que in which a team of flatterers are standing to get maximum benefit from higher bosses, cream posting, reckless earning through credit lending or waiver of loan without any fear of action from higher bosses and get preferred promotions for their flatterer members if they so like.
Why huge arrear to the amount of two lacs or three or four lacs are being paid to executives as per 9th Bipartite Settlement and only a few thousand to middle management officers considered senior officers. Even peons and junior clerks are getting arrear to the extent of one lac rupees. Pension optees are getting more. Why discriminatory treatment allowed by union leaders even in fixation f revised pay in 9th BS, not to speak of discrimination with PF optees desiring to offer for pension.
If there is a will there is a way. When government is formed of corrupt persons and that of flatterers, when administration is manned by corrupt and flatterers when judiciary is weak, ineffective, costly and centre of corruption, any one in Government cannot dream of taking step to reduce corruption in the system or to punish corrupt people.
And people who try to move against the main stream gets tired very soon and finally succumb to death.
It is therefore better to say All is Well sir, No problem sir, everything will be o.k. sir, I am there don't worry, I will manage it, I will manage media people, I will manage CBI people and so on. These wordings are a few permanent wording of flatterers.
Media is also in grip of these corrupt elements because media people also like to have more and more money, more and more asset, more and more recognition in time in shortest period as people in other field like. If some one watches various interviews conducted by TV people, he will definitely observe how ruling party biased questions are asked by media men. I have seen during recent past how media men are trying to divide opposition unity in their fight against price in Parliament. Media men in general try to save the VIPs of ruling party somehow or the other. They always try to divert the main topic of national concern to pseudo secularism or inter party rivalry prevailing at regional level among smaller parties. As such media men are not getting any interest in the reign of injustice pervading and prevailing in banking industry. A few executives by using their mobile phones using some flatterer Branch Managers to extend credit to unscrupulous borrowers and sacrificing huge amount in compromise and waiver of loan scheme just to earn some illegal money. Banks assets worth thousands and thousand of crores of rupees are locked and lost in bad borrowers every year whereas government of India, RBI and all regulating agencies remain silent spectators. People have seen how NPA rose 500% this year in Indian Bank but regulating agencies are not ready to accept that similar pain will occur to other banks too in near future. There is in fact none to bell the cat.
For none of fault of senior officers they are denied even annual increment.
When banks do not find such senior officers for promotions, bank should not hesitate in accepting resignation of such officers and allow full pension and retirement benefits. Why officers who resign are not allowed pension, leave encashment or refund of accumulated bank's contribution in PF etc. Bank can remove an officer as per its choice but staff cannot leave the job without loosing his rightful terminal benefits.
Officers who have transferred from outside states to North East States were getting so many incentives as per 1984 circular or as guidelines of IBA as prevalent for central government employees working in other sectors in eighties. Why these incentives have not been revised during last 25 years?
Special allowance fixed Rs.1200/ or Rs.1500/ for specified area is common for all staff posted in North East region. What about additional benefits for those who are transferred from other states to North East?
For outsiders, there was a provision of Rs.1500. p.m. in 1984 when Rs.1500/ was a significant amount compared to prevailing scale of pay for officers at that time. Now even that Rs.1500/ (it should be at least 10000 in view of price rise and scale rise during last 25 years) or 12.5% of pay has been abolished.
Originally North East posting policy was framed for enthusing employees to serve in north eastern based branches for two years and then they were given preferred posting. Unfortunately this holy policy is now misused by greedy and corrupt executives to sideline good officers from their path of earning illegal money and golden gifts.
Incentives also snatched. Preferred posting after completion of two years tenure also lies on the mercy of top officials. There is no shame feeling in the mind of ED or top executives in violating the existing policy or misusing the same in the name of bank’s exigencies.
After all what union leaders are doing?
There are lacs of bank employees who are continuously working in rural areas for one or two decades or even more. On the other hand there a few lacs of bank employees who are continuously posted in Metros and Urban areas. Unfortunately residual a few of employees are facing frequent transfers from one corner to the other corner of the country.
After all what union leaders are doing?
Answer is that they are also standing in the same que in which a team of flatterers are standing to get maximum benefit from higher bosses, cream posting, reckless earning through credit lending or waiver of loan without any fear of action from higher bosses and get preferred promotions for their flatterer members if they so like.
Why huge arrear to the amount of two lacs or three or four lacs are being paid to executives as per 9th Bipartite Settlement and only a few thousand to middle management officers considered senior officers. Even peons and junior clerks are getting arrear to the extent of one lac rupees. Pension optees are getting more. Why discriminatory treatment allowed by union leaders even in fixation f revised pay in 9th BS, not to speak of discrimination with PF optees desiring to offer for pension.
If there is a will there is a way. When government is formed of corrupt persons and that of flatterers, when administration is manned by corrupt and flatterers when judiciary is weak, ineffective, costly and centre of corruption, any one in Government cannot dream of taking step to reduce corruption in the system or to punish corrupt people.
And people who try to move against the main stream gets tired very soon and finally succumb to death.
It is therefore better to say All is Well sir, No problem sir, everything will be o.k. sir, I am there don't worry, I will manage it, I will manage media people, I will manage CBI people and so on. These wordings are a few permanent wording of flatterers.
Media is also in grip of these corrupt elements because media people also like to have more and more money, more and more asset, more and more recognition in time in shortest period as people in other field like. If some one watches various interviews conducted by TV people, he will definitely observe how ruling party biased questions are asked by media men. I have seen during recent past how media men are trying to divide opposition unity in their fight against price in Parliament. Media men in general try to save the VIPs of ruling party somehow or the other. They always try to divert the main topic of national concern to pseudo secularism or inter party rivalry prevailing at regional level among smaller parties. As such media men are not getting any interest in the reign of injustice pervading and prevailing in banking industry. A few executives by using their mobile phones using some flatterer Branch Managers to extend credit to unscrupulous borrowers and sacrificing huge amount in compromise and waiver of loan scheme just to earn some illegal money. Banks assets worth thousands and thousand of crores of rupees are locked and lost in bad borrowers every year whereas government of India, RBI and all regulating agencies remain silent spectators. People have seen how NPA rose 500% this year in Indian Bank but regulating agencies are not ready to accept that similar pain will occur to other banks too in near future. There is in fact none to bell the cat.
Thursday, May 20, 2010
Inflations workers and employers
Government framed policy for posting of bank employees in Villages as also for posting in North Eastern States to promote rural banking and to help development work in rural areas and North Eastern states. But management of banks have always misused this excellent policy to discard non-flatterers and to torture those employees who do not indulge in corrupt practices and who do not implements bad orders of the executives.
RBI or any investigating agency on honest inquiry will find that some officers have been working in villages for two or three decades whereas flatterers of the top officials of the management have been allowed to work in Metros for decades together. When an officer do not provide gifts to General Manager, he is posted in North Eastern States on the plea of Non Performance whereas those who commit fraud or indulge in irregular credits but always provide golden gifts to GMs, DGMs, AGMs in the name of some function either of inauguration or customer’s meeting are allowed to remain in big towns.
Some officers are simply creating bad advances and some others are constrained to recover the bad advances merely to save the corrupt officers from punishment. This is why loans or advances become Sub Standard in one or two years of its disbursement. It is also a bitter fact that such bad advances are concealed by gifting Auditors and inspectors and treated as good advances till the sanctioning officer wither is promoted or get safe exit from the bank. Honest workers are made scapegoat for the misdeeds of big executives.. It is undeniably truth that excellent results exhibited through annual balance sheets are due to devoted work of good performers and it is they who are salvaging banks from the misdeeds of bad officers. As such shining balance sheet of a bank should not give conclusion that the results shown are hard work of top officials sitting in AC rooms but that of field workers who are head of a branch and who is doing hard worker even under acute manpower shortage. In banks manpower is adequately provided only to flatterers even if he has caused banks crores of rupees. Until RBI or CBI catch hold of corrupt executives and punish the evil performers and at the same time award those officers who have been whimsically kept away from promotions and unless good officers are given respectable posting and promotions one cannot imagine of any rise in intrinsic value of any bank
On the contrary PSU banks are facing erosion in intrinsic value due to dirty implementation of apparently good HRD policies. In the name of Interview any employee can be deprived of and denied of promotion. Power makes executive corrupt if the decisions made by them are not transparent and subject to review. Root cause of persistence and promotion of such corrupt officers is due to the bitter fact that even courts fail to provide justice in decades together and this is why management bosses indulge in whimsical promotions, arbitrary transfers and postings.
I request bank officers to send their personal experience and story of corrupt officers to me at dkjain49709@rediffmail.com so that such illustration may be incorporated in PIL to be filed in the court. These information will be helpful in seeking information from bank under Right to Information Act to expose the true colour of officers who have been holding top posts in the bank and who have been getting continuous shelter from Banking division, RBI and Ministry of Finance. The aggrieved officer may also send the real story about them, how they have been cheated by their bosses, how they have been denied promotion and how they have been given always critical posting. After all how long you will bear with injustice in fear of repercussion from higher authorities. One has to come out of imaginary fear and expose the true picture of bad officers. How long meritorious and talented officer will face humiliation and posting against their dignity.
I will come with name of AGM,DGM ,GM,CM and BM and tell the officer community and Government of India how reign of injustice prevails in the banking industry. I need your cooperation in making a strong case against some of CMDs who are recognized as star performers but under the shelter of such CMDs ,their left and right hand officers who themselves are facing CBI charge sheets are exploiting power for self interest.
RBI or any investigating agency on honest inquiry will find that some officers have been working in villages for two or three decades whereas flatterers of the top officials of the management have been allowed to work in Metros for decades together. When an officer do not provide gifts to General Manager, he is posted in North Eastern States on the plea of Non Performance whereas those who commit fraud or indulge in irregular credits but always provide golden gifts to GMs, DGMs, AGMs in the name of some function either of inauguration or customer’s meeting are allowed to remain in big towns.
Some officers are simply creating bad advances and some others are constrained to recover the bad advances merely to save the corrupt officers from punishment. This is why loans or advances become Sub Standard in one or two years of its disbursement. It is also a bitter fact that such bad advances are concealed by gifting Auditors and inspectors and treated as good advances till the sanctioning officer wither is promoted or get safe exit from the bank. Honest workers are made scapegoat for the misdeeds of big executives.. It is undeniably truth that excellent results exhibited through annual balance sheets are due to devoted work of good performers and it is they who are salvaging banks from the misdeeds of bad officers. As such shining balance sheet of a bank should not give conclusion that the results shown are hard work of top officials sitting in AC rooms but that of field workers who are head of a branch and who is doing hard worker even under acute manpower shortage. In banks manpower is adequately provided only to flatterers even if he has caused banks crores of rupees. Until RBI or CBI catch hold of corrupt executives and punish the evil performers and at the same time award those officers who have been whimsically kept away from promotions and unless good officers are given respectable posting and promotions one cannot imagine of any rise in intrinsic value of any bank
On the contrary PSU banks are facing erosion in intrinsic value due to dirty implementation of apparently good HRD policies. In the name of Interview any employee can be deprived of and denied of promotion. Power makes executive corrupt if the decisions made by them are not transparent and subject to review. Root cause of persistence and promotion of such corrupt officers is due to the bitter fact that even courts fail to provide justice in decades together and this is why management bosses indulge in whimsical promotions, arbitrary transfers and postings.
I request bank officers to send their personal experience and story of corrupt officers to me at dkjain49709@rediffmail.com so that such illustration may be incorporated in PIL to be filed in the court. These information will be helpful in seeking information from bank under Right to Information Act to expose the true colour of officers who have been holding top posts in the bank and who have been getting continuous shelter from Banking division, RBI and Ministry of Finance. The aggrieved officer may also send the real story about them, how they have been cheated by their bosses, how they have been denied promotion and how they have been given always critical posting. After all how long you will bear with injustice in fear of repercussion from higher authorities. One has to come out of imaginary fear and expose the true picture of bad officers. How long meritorious and talented officer will face humiliation and posting against their dignity.
I will come with name of AGM,DGM ,GM,CM and BM and tell the officer community and Government of India how reign of injustice prevails in the banking industry. I need your cooperation in making a strong case against some of CMDs who are recognized as star performers but under the shelter of such CMDs ,their left and right hand officers who themselves are facing CBI charge sheets are exploiting power for self interest.
Sunday, April 4, 2010
Controlling Tax officers is more important
It is reported in prominent newspaper today that tax dues from tax evaders has been increasing year after year and due to some reason or the other has mounted to Rs.198508 crores, say two lac crores rupees as on 30.09.2009. Out of this Rs.133232 crores pertain to corporate sector and Rs.65274 crores from individuals. Department of revenue, the Central Board of Direct Taxes has proposed punishment of rigorous imprisonment from three to seven years for such tax evaders, who conceal their income, who do not file income tax returns, who violates anti money laundering act, or who do not deduct TDS or do not deposit tax deducted at source in time..
This is indeed a very good proposal .I however feel that CTBT should start this holy task by launching searching and investigating process in respect of all officers and babus working in Income tax department and various Ministries of Central government. Charity and good work should begin from home. In the second round big fishes involving tax evasion of rupees ten lacs and more may be trapped, then politicians having houses, apartments, colleges, factories worth more than a crore rupee may be caught and so on.
When top level ministers, IT officers , IT commissioners, CBI personnels,vigilance officers and officers involved in scrutiny of files, searching, assessing and investigating processes are honest , there is no doubt that the same culture will percolate down the level and this message will spread like epidemic in entire country and people of India will never dare opt for tax evasion. It is a bitter truth and undeniable fact that all types of tax evasions are taught by none other than IT babus and officers either directly or middlemen called as IT consultants. There is clear nexus between tax assessing authorities and businessmen and all tax files involving big individuals and corporate. As soon as Income tax payer agrees to quantum of bribe or commission set by IT officers are given in an envelope, file gets clearance from tax officers. This corrupt practice causes loss many times more than existing tax dues revealed herein above to government.
It is unfortunate that honest tax payers in India are never awarded, respected and given preferred treatment, but more often than not harassed and unnecessarily tortured by corrupt IT babus and corrupt officers of Income tax departments because such honest tax payers do not easily agree to give bribe to the department .It is also true that in our country even IT officers do not get promotions and good posting as long as he or she do not fill the pocket of Ministers and top officials of Ministry of concerned department. Such practice is all offices of government, all banks and all departments where government is having control. Merit is seldom respected, but corrupt officers are more often than not awarded. When the Ganga flowing from top is poisoned and polluted one cannot dream of pure water at ground level. .
This is why I have to suggest to Government and CTBT to launch attack first on those officers who are originators, perpetuators and irrigators of corruption and immediately stop financial terrorism let loose by tax authorities .If we start giving respect to honest tax payers and punishing corrupt government officers honestly, sincerely, quickly and without any based attitude there will be great improvement in the prevailing culture and people of prefer paying tax than opting for tax evasion. There are enough laws in existing law books to penalize the guilty if there is will to do so. There is no need to frame tougher rule in this regard. India needs strong will of execution of rules truly and in good spirit
India should learn to award honest officers and stop giving preference to officers who flatter and who earn through unfair means and give share to seniors. Public opinion should be sought to assess honesty and integrity of an officers. Formal certificate of honesty and integrity as prevalent in the system is nothing but a formality. Truth and reality of Indian system is known to all Indians. As such proposed rigorous imprisonment should commence from corrupt IT officials and corrupt ministers sitting at the top post and who are root cause of all evils. Tax payers deserve praise, respect and honour because they are backbone of Indian economy.
Danendra Jain
Ganaraj Chumuhani Agartala 799001
05.04.2010
This is indeed a very good proposal .I however feel that CTBT should start this holy task by launching searching and investigating process in respect of all officers and babus working in Income tax department and various Ministries of Central government. Charity and good work should begin from home. In the second round big fishes involving tax evasion of rupees ten lacs and more may be trapped, then politicians having houses, apartments, colleges, factories worth more than a crore rupee may be caught and so on.
When top level ministers, IT officers , IT commissioners, CBI personnels,vigilance officers and officers involved in scrutiny of files, searching, assessing and investigating processes are honest , there is no doubt that the same culture will percolate down the level and this message will spread like epidemic in entire country and people of India will never dare opt for tax evasion. It is a bitter truth and undeniable fact that all types of tax evasions are taught by none other than IT babus and officers either directly or middlemen called as IT consultants. There is clear nexus between tax assessing authorities and businessmen and all tax files involving big individuals and corporate. As soon as Income tax payer agrees to quantum of bribe or commission set by IT officers are given in an envelope, file gets clearance from tax officers. This corrupt practice causes loss many times more than existing tax dues revealed herein above to government.
It is unfortunate that honest tax payers in India are never awarded, respected and given preferred treatment, but more often than not harassed and unnecessarily tortured by corrupt IT babus and corrupt officers of Income tax departments because such honest tax payers do not easily agree to give bribe to the department .It is also true that in our country even IT officers do not get promotions and good posting as long as he or she do not fill the pocket of Ministers and top officials of Ministry of concerned department. Such practice is all offices of government, all banks and all departments where government is having control. Merit is seldom respected, but corrupt officers are more often than not awarded. When the Ganga flowing from top is poisoned and polluted one cannot dream of pure water at ground level. .
This is why I have to suggest to Government and CTBT to launch attack first on those officers who are originators, perpetuators and irrigators of corruption and immediately stop financial terrorism let loose by tax authorities .If we start giving respect to honest tax payers and punishing corrupt government officers honestly, sincerely, quickly and without any based attitude there will be great improvement in the prevailing culture and people of prefer paying tax than opting for tax evasion. There are enough laws in existing law books to penalize the guilty if there is will to do so. There is no need to frame tougher rule in this regard. India needs strong will of execution of rules truly and in good spirit
India should learn to award honest officers and stop giving preference to officers who flatter and who earn through unfair means and give share to seniors. Public opinion should be sought to assess honesty and integrity of an officers. Formal certificate of honesty and integrity as prevalent in the system is nothing but a formality. Truth and reality of Indian system is known to all Indians. As such proposed rigorous imprisonment should commence from corrupt IT officials and corrupt ministers sitting at the top post and who are root cause of all evils. Tax payers deserve praise, respect and honour because they are backbone of Indian economy.
Danendra Jain
Ganaraj Chumuhani Agartala 799001
05.04.2010
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