Sunday, January 29, 2017

Facts File :- Modi Sarkar – 5, 29 January, 2017


Honorable  - Prime Minster Shri Modi Ji

This ‘strike’ is off the mark
Not one of the NDA’s stated objectives for the demonetization move are even remotely near realization

Singing paeans to a Digitising India are facetious. No. one – not the poor farmer or the daily wager – was warned that he needs to get a smartphone to upload an app to pay for seeds or receive his daily wages. Any logical and well-governed system would have done a blitzkrieg of digitization for two years before the big bang demonetization. The NDA, instead, chose to put the cart before the horse. The image of an urban elite with multiple credit/debit cards and smartphones mocks the spirit of the common Indian. A call to resoluteness in a bleak economy is only political glibness, not responsible leadership.

Empirical reports confirm the worst. Micro-small scale Industries suffered 35% job lossed and 50% dip in revenue in the first month after November 8; the All India Manufactures’ Organisation predicts a 60% drop in employment and 55% loss in revenue over the next quarter, automobile sales in December fell the most in 16 years; GDP growth in the first quarter slowed to 7.1% from 7.5% from that a year ago; the IMF downgraded India to about 6.5% (while increasing China’s ratings). Crisil lowered its GDP forecast for 2016-17 to 6.8% from 7.8% earlier, suggesting an erosion of Rs. 1.5 trillion this fiscal. Less money in hand has reduced sales in the informal sector by 30%-40% as also in FMCG segment.


More than 100 deaths in a month are themselves enough to rest the case against this firman (Qjeku). 

Republic Day Special


 Honorable  - Prime Minster Shri Modi Ji

You claim to be the savior of India

Some facts are – Jobless in less Cash Times. Contrary to government claims, workers and farmers are bearing the brunt of the crash crunch. A preliminary survey by the All India Manufacturers’ Association  reveals 30-40 per cent job losses across various sectors in just one month of demonetization.

A few suggestions – what ails India P-3, C-5
P-3 is at National level that is :
Population – we have grown from 33 corer (1951 census to 130 corer now, we would we 150 corer by 2050 and would reach a mark of 200 corer by end of the century.  

·        Poverty – It is fallout of the larger population.
·        Pollution – All this added gives larger pollution.
India is just 2% of land mass and presently we have 18% of world’s population.
C-5 is at political level that is :
·        Criminalization of politics
·        Corruption in politics
·        Communalization of politics
·        Casteism in politics
·        Compromises in coalition politics
·        Prime Minister – Sir you appear to be a doer some suggestion
·        A formulate a National Population Policy
·        Political Reforms – Presently there are 1900 registered political parties with the EC. Recently EC has derecognized 400 of them. Is it healthy for a democratic country like ours?
·        Electoral Reforms – To bring in some legislative measures that the people who are charged with serious crimes (Like murder, rape, embezzlement etc.) should not be allowed to contest elections till they are acquitted by the courts. Bagis (and Dalbadloos should be discouraged).

You have a super DON as the president of the Bagi Janta Party (BJP).

Sir I have no doubt that with your intentions of routing out corruption you would insist on LOKAUKTS in States and LOKPAL at the centre India is looking forward to your hard hitting decisions. 

Sunday, January 8, 2017

Facts File :- Modi Sarkar – 1/2017

Honorable  - Prime Minster Shri Modi Ji

More than thirty Months have passed – Happy New Year – 2017 (Weather it is for Aam Janta ?)
What we see today –
-         Democracy Deficit
-         A Thinning of Democracy
-         Space for Democracy is Shrinking. 75-77 was not the last you are preparing for larger doses. Congrats 23 Ordinances in 30 months.
-         Parliament of Howls. Disruption of parliamentary proceedings by sloganeering and running in to well of the house militates against the soul and sprit of Democracy. Most shameful has been to see even the ruling party participating in such activity.
-         Diluted standards of polity
-         Instead of “Liberal Democracy” we see “Autocratic style of Democracy”.
-         Threatening utterances by the PM is not befitting.
-         You believe – speak loud, repeat your statement, even your lies will be accepted as truth.

Why Demonetization ?
It would affect FDI’s. Your emphasis on cash less economy is slightly misplaced. As per statistics US 45 to 50% - Other EUROPEAN advanced economies 30-40%. Germany – nearly 80%.
Even Bimal Jalan former Governor of RBI was of the opinion you only go for such a measure if your economy is showing signs of taking a downward trend. Which was not so.
Even foreign investment withdrawal may affect. Corporate world may loose confidence in our macro level economy within the country and outside the country.
There appears to be utter confusion in RBI. How much money has come in or even following your promised statement. RBI now is called Reverse Bank of India.

You have been firm “My Girls and Boys are all honest even if they do any thing wrong, is with a good intention.”

Sunday, December 25, 2016

Fact File – VI (Modi Sarkar) 25h, Dec. 2016

All BJP spooks persons  describe this way

Modi’s Surgical Strikes –
First One :- On 28-29 Sep. 2016,  it was a commando raid to avenge the URI attack. Those who wish to know “what surgical strike is may see “Macmillan’s Dictionary”

Second One :- On 8th November -  Demonetization nearing 50 days, Nearly 90% of the people mostly low category are suffering. MSME units are crumpling down, unemployment is on the increase final result will be seen only after March 2017.

Third Surgical Strike : -  On 17th Dec. finely Modi Sarkar revealed the senior most appointments of the Army Chief Air Force chief and RAW and IB chief (delayed by 6 weeks).
A man third on the seniority list appointed the COAS. It is something like the appointment of General Bajwa as the new Pak Army Chief .

Procedure followed :- Conventionally three senior most Lt. Gen. names are forwarded by the MOD for consideration by the cabinet. Normally senior most is appointed. All are equally competent.

Once you reach the stage of Army Commander your competence levels are not in doubt this jump to make the third man in order of seniority has sent shock waves in the serving senior officers and retired fraternity (the veterans).
Modi’s spokes person have vehemently defended the decision by quoting some past incidents.

1983 :- Lt. Gen. S. K. Sinha was superseded and Lt. Gen. A. S. Vaidya was appointed. That is the time when Indira Gandhi was faced with the biggest challenge of her political career. Terrorism was mushrooming in Punjab & even some major general (Retd.)  rank officer’s had joined the movement. Lt. Gen. S. K. Sinha was defiant and did not share the line of approach to tackle the situation. Not going further in the detail - operation blue star had to be planned. Finely IG/ASV/Beant Singh had to loose their lives. Sunder Jee, Bul Bul Brar many more committed army officers led lives of prisoner in their houses till they perished.

1988 :- Appointment of Air Marshal S. K. Mehra was effected superseding M.M. Singh. MMS was superseded for his personal and social activities.

2014 :- Vice Admiral Shekhar Sinha (Foc-in-C WNC) was super seeded and Robin Dhawan was appointed the CNS. Admiral Joshi resigned on  moral ground taking responsibility of some sub marine accidents where some sailors were killed. Vice Admiral Sinha could not have been considered since accidents took place under his jurisdiction.


Unprecedented happening of the past :-
30 Dec. 1998 Admiral Bhagwat was dismissed and Vice Admiral Susheel Kumar was appointed a big lobby by S.K. for 6 months (A happening of the then NDA Govt.).

Gen. B.C. Joshi :- Died in office Lt. Gen. Shankar Roy Chaudhary was appointed the chief. He was Army Cdr. Training Command since he was the senior most.

F. H. Major :- A helicopter pilot was appointed the CAS on 31st March 2007 since he was the senior most. ACM Major did a commendable job.

The present appointment of Lt. Gen. Bipin Rawat is not in conformity with the norms. This can be easily construed to be highly politicized (may be UKD elections and the formidable role of NSA is in question).

This is the 3rd Surgical Strike. Rest for individuals to have their opinion.


Fact File – V (Note Bandi) 22nd, Dec. 2016

Narendra Modi - Demonetization or Demonization / jkgr ;k vkQr

Experts View :

Hero Worship Hurts Democracy

Back in 2005, a knowledgeable Gujarati journalist wrote of how ‘Narendra Modi thinks a detergent named development will wash away the memory of 2002”. While focusing on new infrastructure and industrial projects in his state, the then chief minister of Gujarat launched what the journalist called ‘a massive self publicity drive, publishing calendars, booklets and posters where his own photograph appeared prominently alongside words and statistics speaking of Gujarat’s achievement under his leadership. Modi has made sure that in Gujarat no one can escape noticing him, remarked the journalist.

Since May 2014, this self-publicity drive has been extended to the nation as a whole. In fact the process began before the general elections, when, through social media and his speeches when, Narendra Modi successfully projected himself as the sole and singular alternative to a (Visibly) corrupt UPA regime.

Hero-worship is not uncommon in India Indeed, we tend to excessively venerate high achievers in many fields. Consider the extraordinarily large and devoted fan following of Sachin Tendulkar and Lata Mangeshkar.

Nehru was her issuing a warning to himself. Twelve years later, in his remarkable last speech to the Constituent Assembly, BR Ambedkar issued a warning to all Indians, when, invoking John Stuart Mill, he asked them not ‘to lay their liberties at the feet of even a great man, or to trust him with powers which enable him to subvert their institutions’. There was’ nothing wrong’, said Ambedkar, ‘in being grateful to great men who have rendered life-long services to the country. But there are limits to gratefulness. He worried that in India, ‘Bhakti or what may be called the path of devotion or hero-worship plays a part in its politics unequalled in magnitude by the part it plays in the politics of any other country in the world. Bhakti in religion may be a road to the salvation of the soul. But in politics, Bhakti or hero-worship is a sure road to degradation and to eventual dictatorship.

Indian democracy is now too robust to be destroyed by a single individual. But it can still be severely damaged. That is why this personality cult of Narendra Modi must be challenged (and checked) before it goes much further.

Ram Chandra Guha

A Great Historian  

Fact File – IV (Note Bandi) 18th, Dec. 2016

Narendra Modi - Demonetization or Demonization / jkgr ;k vkQr

Experts View :

The Stink From The Banks – Cleaning up rot in banking system is Modi government biggest challenge on demonetization

Criticizing the Modi government’s great demonetization gamble as a “calamity” former finance minister P Chidambaram used a telling Hindi colloquialism: “khoda pahar aur nikli chuhiya (you dug up a mountain and only found a rat)”. It is till too early to write the final word on whether demonetization – in economic or political terms – eventually turns out to be just a ‘chuhiya’ or a ‘babbar-sher’ revo-Iutionary change in the way the hidden wellsprings of Indian society operate.

But in administrative terms it has laid bare the great rot in our banking system. Fixing this is not only the Modi government’s biggest challenge but also something which it should have factored in from the get-go.

Fist, only about 29.8% of the money that was withdrawn on 8 November and has so far been replaced in cash (Rs. 4.61 lakh crore between 8 November and 10 December in place of the approximately Rs 15.44 lakh crore that were demonetized.

Secondly, the sheer mumbers of seizures of contraband money in new notes show an endemic rot in the banking system.

Third demonetization has shown up a mirror to the relationship between the government’s finance and economic branches on one hand and RBI and banks on the other.

RBI and finance ministry have issued 51 communications so far on demonetization. We still don’t know what were the data sets, calculation and projections that went into the making of such a decision, at least the data should be put in the public domain.

With demonetization, Many of the old networks of patronage and cosy collusion have been reactivated – this time for a special commission



Nalin Mehta
An Economist 

Fact File – III (Note Bandi) 11th, Dec. 2016

Narendra Modi Demonetization or Demonization / jkgr ;k vkQr


Experts View :

We need a leader, not just a glorified manger – Quality to lead - Leadership is about ideas and dreams, making us understand why an issue deserves our attention, scolding us when we are insufficient, inspiring us to aim higher

Some year ago, during an election in Delhi, we were talking to a group of men and women in one of the northwestern slums. Who is a good leader, we asked A women, thirtyish and charmingly opinionated, said “Indira Gandhi”

“She knew who was poor and who was rich and what each of them needed. She would go from house to house asking after people. For her, everyone was equally important.”

Mahatma Gandhi used to do this , and so did Jawaharlal Nehru and Indira Gandhi, Atal Behari Vajpayee and Rajiv Gandhi.  But both Narasimha Rao and Manmohan Singh mostly stayed mum. In the early days of Modi there was a return to this tradition-we one again had a leader who was willing to engage with us at the level of ideas – it mattered less whether we agreed with him. Bu that quickly got lost in the need to defend partisan causes, and at this point, it is not clear that any one except his groupies are listening even when he has something important to say We need that back-we need a leader and not just a glorified manager.


Abhijeet Banerjee
International Professor, Economics