427: THE SUPREME COURT OF INDIA: ONE MORE FORM OF THEFT

427

THE SUPREME COURT OF INDIA:

ONE MORE FORM OF THEFT

The Governor of the Reserve Bank of India, Mr. Raghuram Rajan,  said that inflation must be kept low at all times. He described this as the duty of the RBI. The media reported this on 19 September 2015.

By encouraging imports, the RBI can extract more and more money from the system.

By discouraging exports also it can control money supply.

Does it want to encourage imports and discourage exports?

He must answer this crucial question.

On the same day, he said that the government should not give any incentive to achieve any short-term economic growth.

He must allow India to develop first. If inflation is the remedy, let it be.

Now, there exists a feeling that a part of the foreign exchange is being removed without actually affecting the imports.

In fact, despite great remittances by the working hand, the foreign exchange reserves do not increase appreciably.

There is no merit in depending on the remittances for controlling inflation.

The Supreme Court of India must explain the whereabouts of the money extracted for imports.

Why does the RBI talk like this now?

Anyone can discern a pattern in the words of Mr. Raghuram Rajan and Subramonia Swamy- given in the last chapter.

Apparently, the Supreme Court of India and the armed forces liaised with the Government of India with regard to the new pay scale.

The ruling class and the RBI oppose their moves.

It must be stated that the judges in the lower courts in many States cleared an eligibility test. Whether they tampered the merit list or not is not known. However, the salary suggested by the present man for them is less than what the last grade public servant in the USA get.

Similarly, the learned judges of the Supreme Court of India and the armed forces must get salary consistent with their merit and position.

A man must work hard to reach a position of trust and responsibility. If he enjoys the fruits without the requisite hard work, he will not realize the responsibility associated with his high position.

          In fact, this is another form of theft.

The fact that the learned judges attained their present position without clearing an eligibility test should not deter them from recommending eligibility test for any large scale appointment of judges.

This is letter No.427.

 This email is being submitted to His Excellency the President of India, Supreme Court of India, Chief Vigilance Commissioner, Indian Army and the Indian Air Force, and posted in the blog: www.howeverythinghappenedinindia.blogspot.com  on 23 -9- 2015

23-9--2015.

V. Sabarimuthu,

26-3 Thattamkonam, Vellicode, Mulagumoodu PIN: 629167, India.