213
A
SUBSTANTIAL SHARE
The last mail was submitted to His
Excellency the President of India on November 22, 2012. The same mail was sent to the Supreme Court of India, Indian Army and
Indian Air Force. Later, it was sent through post to the President of
India and the Chief Justice of India, and posted in the blog www. howeverythinghappenedinindia.blogspot.com
The Union Government, on 23 November 2012,
sold 5.58 per cent shares of the public sector Hindustan Copper Limited (HCL) for Re.800 crore. It was arbitrage
trading because the public sector financial institutions bought them.
The
Government of Maldives (GoM), on 27 November 2012, cancelled a $500 million
contract given to the GMR by the
Government of Mr. Mohamed Nasheed in
2010 to construct an airport at Male. The
GoM said that the agreement was a void one from the beginning. The GMR is an
Indian company.
The fear that the private companies all
over the world would be reluctant to complete this work did not deter the GoM
from taking the above decision. It did not want to use its independence to
depend on the GMR. Thus, a tiny nation has shown a new way to escape.
According to a study that came out on
27 November 2012, September born children get 10 per cent more marks in the Tamil
Nadu State Board Examination than classmates born in other months. This is because
the virtual cut off for a child to join school is the end of August. Therefore,
the children born in September will be the oldest students in a class.
Many parents are aware of the above fact
and act accordingly. But none looks at the mark scored by a student through
this angle. Now the above finding confirms the fact that the mark sheet is not
the sole index of the intelligence of any student.
The above finding must open the eye of
the Government. It must seriously consider the question of introducing a definite
quota of seats for every State in all “All India Examinations”.
The
Nuclear Power Corporation of India (NPC), on 24 November 2012, submitted in
the Supreme Court of India that the nuclear waste from Kudankulam Nuclear Plant would be dumped in the defunct Kolar Gold Mines (KGM). This statement
led to widespread protests in the Karnataka State. Therefore, the NPC had to withdraw
the statement within two days.
Evidently, every man needs electricity.
But, no man is ready to keep even a gram of the spent fuel in his vicinity. Here, even the learned judges reverse their own reasoning.
Therefore, if the Supreme Court has taken a negative decision, it is going to hear the
case secretly and the people around Kudankulam
alone would be affected.
Former Union
Minister Mr. Arun Nehru, on 2 December 2012, said that there must be a
balance between the right to freedom of expression and the ability of the state
to restrict that on reasonable grounds. According to him, a few suffer in the
process.
Thus the manipulators pity at the plight
of this writer.
Income
Tax Department decided to begin prosecution action against those with substantial amounts in the HSBC's Geneva branch. The Department had written to the Ministry of
Finance to suggest a bench mark for the funds to take legal action. It is going
to be a headache for the Supreme Court of India because it would set a
precedent.
Chief Justices and judges from 61
countries stood in a queue to pay tribute to Mahatma Gandhi at Rajghat in
New Delhi on 6 December 2012. The newspapers all over India published a
photograph of this.
The media makes some people great by
publishing their words; and some others great by concealing their words.
The Indian Parliament, on 7 December
2012, approved the Foreign Direct
Investments (FDI) in multi-brand retail. This would enable the Supreme
Court of India to identify the holders of black money.
The
Supreme Court of Singapore- the competent court -on 7 December 2012, said
that the GoM could expropriate the airport from the GMR.
On the next day, the Maldives Airport Company Limited took over the airport from the
GMR. The transition went down as a bright page in the history of Maldives.
If the Supreme Court of India were free,
it would have restored the Mumbai and Delhi airports - based on the work of
this writer - long before this judgment.
If the courts in other countries are
free, they might take a leaf out of the above judgment.
The
Economic Times, on 9 December 2012, said that India lost its strategic
importance in the Indian Ocean due to the GMR contract. It suspected the
involvement of a third country in the episode. However, the President of Maldives, Mr. Waheed, denied the involvement of China.
Whatever happened, India must annul
the trade imbalance with China within three to five years.
Defense
Minister A.K. Antony, on 10 December 2012, disclosed that the armed forces
were facing a shortage of 13,000 officers and 53,000 personnel.
If the government persists with the present
policy, the newly recruited soldiers are going to knock at the doors of the
private parties for their pension. This happens because hundreds of letters addressed
to the armed forces by this writer failed to open their eye. They do not care for their own men.
The
Global Financial Integrity on, 19 December 2012, said that India lost $ 123 billion through illicit financial outflow during the period from 2001 to 2010. This is consistent
with the prediction of this writer.
The
Central Government Employees Union went on a token strike on 12 December
2012, as a protest against the Pension
Fund Regulatory and Development Authority Bill.
If the Union Government is ready to
invest 20 percent of the ‘pension premium’ in land, it could pay pension to all
employees – private sector included. But, the government abdicates this
responsibility in private interest.
The beneficiaries are a few top private
companies. As they have denied freedom and democracy for this, their assets now
belong to the people.
The
Kingfisher Airlines, on 11 December 2012, lost six aircraft owing to
non-payment of lease rentals. Apparently, some other top private companies have
decided to ditch it. Otherwise, the public sector Life Insurance Corporation of India (LIC) might have given money in
the pretext of buying its shares.
The Union Government, on 12 December
2012, sold 68.69 crore shares of the public sector NMDC for about Re. 6000
crore. As the beneficiaries have denied freedom and democracy, their assets now
belong to the people.
The
Directorate of Enforcement, on 12 December 2012, attached Re.884 crore
worth assets of the former minister of Karnataka, Mr. Janardhana Reddy, in a mining case.
Ninety percent of the ores go into the
hand of the top private companies. They interfere with another’s liberty of the
same nature. In fact, they send the small beneficiaries to jail. This happens because the Supreme Court of
India is not ready to use its wisdom to guide the leaders administering the
affairs of the country.
Now, as the big beneficiaries – a few top
private companies- have denied freedom and democracy, their assets belong to
the people.
The initial public offering (IPO) of the Bharti Infratel of Sunil Bharti Mittal was subscribed 1.3 times. It sold 18.89 crore
shares and got about Re.4000 crore.
The public sector State Bank of India (SBI) auctions the houses of housing loan defaulters.
It does this even for an arrear of Re.
100000/- (one lakh). At the same time, the public sector Life Insurance Corporation of India (LIC) gives money to a top
private company in the pretext of buying its shares.
As the
beneficiary has a substantial share in the denial of freedom and democracy, his
assets in India and abroad belong to the people.
Wife of Non-Executive Chairman of the Zee News Mr.Subhash Chandra, said that Mr.
Naveen Jindal was silencing the media.
This writer brought the last letter to
the notice of the Zee News through an
email. But the latter did not inform this to the people. In fact, Mr. Subhash Chandra and Mr. Naveen Jindal are one in silencing
the views of the people.
The GMR Company, on 12 December 2012,
sought a compensation of $800 million from the GoM. It had invested $511 million in the Ibrahim Nasir International Airport at
Male before the cancellation of the contract.
On the next day, the Government of India
revealed in Parliament that the Department of Income Tax had carried out search
operations in the offices of the GMR for alleged violation of tax laws.
Did the GMR siphon off any black money to
Maldives? If the top private companies spread Indian money all over the world
like this, what would happen to the foreign exchange?
On 13 December 2012, Tata Telecommunication sacked 300 employees of the former public
sector VSNL. All employees must be reinstated with back wages.
The government must guarantee security of
service and pension benefits to the private sector employees. It shall not
abdicate its responsibility.
The
Chairman of Tata Sons, Mr.Ratan Tata, advised his successor, Mr.Cyrus Mistry, that his actions must
stand the test of public scrutiny. He cautioned that the refusal to bring in
course correction would lead to the demise of any company. He confessed that he
might have hurt some people. He added that he did the right thing without compromising
on anything.
Mr.
Tata has been the Chairman of a few top private companies. Why does he talk
like this now? What clouds his otherwise happy and successful career? Did he
hurt the feelings of the people? Does he mean the above mentioned employees of
the VSNL? Does he think that he had been a party to some horrors? Nothing is
clear.
Prime
Minister Manmohan Singh, on 15 December 2012, said that those opposing
the FDI in retail were “ignorant” of realities.
Prime
Minister Manmohan Singh, 15 December 2012, said that the economic
inequality that existed in India gave him great pain. He added that the
disparity in income could not be eliminated in a short run.
It must be noted that he talks like this,
after giving Re.three lakh crore to a few top private companies.
In
this connection, it must be noted that Re. one lakh does not grow into Re. two or three lakh in two or three years. But, Re. ten crore
easily grows into Re.twenty or thirty crore in two or three years easily.
Anyone could gauge the consequences of giving Re. three lakh crore to the top
private companies.
In an article in The Economic Times dated 17 December 2012, Chairman of Vedanta group Mr.
Anil Agarwal said that India could add about $1 trillion within 3-4 years
by exploiting the natural resources. His message was that the natural resources
must be handed over to some top private companies in the Hindustan Zinc Limited (HZL) model.
As he has denied freedom and democracy, his assets now belong
to the people.
This is letter No.213. The present
Chief Justice of India is not seen anywhere. Even the literates do not know his
name. Is he afraid of airing his own views? Alternatively, does the media strange
his words? He must be free from fear and favoritism. His silence now
demoralizes the people.
The
facts from 22 November 2012 to 25 December 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the
President of India, on 26 December 2012.
The same letter is being sent to the Chief Justice of India, and the
Chiefs of the Indian Army and Indian Air Force for necessary action.
V. Sabarimuthu
26-3 Thattamkonam
Vellicode
Mulagumoodu
629167
Tamil Nadu State
INDIA
Phone: 04651275520. Mobile:9486214851
26 December 2012.
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| V.Sabarimuthu |
