538. A National Treasure

538

A National Treasure

         

          The Finance Minister, Mr. Arun Jaitely, on 29 December 2016, disclosed that the income of the government increased markedly after demonetization.

This money should not go into the hand of the manipulators. Every state must get its share in the form public investments or through public welfare measures.

          Further, the cashless transaction could be implemented in the reverse order.

          The liquor shops must be banned from selling liquor for cash. This means that they cannot deposit their proceeds in banks in cash. This would popularise cashless transaction and check the drinking habits of students.

          The likes of private educational institutions must be banned from receiving cash.

          All private financial institutions and the other private entities must be banned from receiving more than a certain maximum in cash.

          Every contractor must be asked to spend a certain minimum in a cashless manner.

          However, all agricultural products and the perishable items must be free from all restrictions.

          In this way the nation could easily see 80 to 90 per cent cashless transaction.

          The Government confiscated new 2000 rupee currency notes from many places. The prime minister must disclose their origin.

          Further, the natural resources are being usurped by some people. This happens because the prime minister remains functionless. 

          India needs a functional prime minister for this.

There are reports that the Government of India would destroy the demonetized currency notes.

          This matter must be debated in a dispassionate manner.

          The Government might have spent over Re. 40000 crore for printing these notes.

          These notes are a national treasure.

          They have a heritage value.

          They need not be a physical tender.

However, they can be auctioned periodically. This would fetch more than their face value in due course.

          Further, notes for about Re. 1 lakh crore are with the people even now. The physical value of this hoarded currency would increase tremendously if the rest of the notes are destroyed. This should not happen.

This is letter No.538

   This letter 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 30-12- 2016.

30  December 2016.

V. Sabarimuthu,

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

537

Demonetization and the raids on Chief Secretary Ramamohan Rao

On 24 December 2016, Mr. Rahul Gandhi, the leader of the Congress Party, alleged that the companies of Birla and Sahara gave money to Mr. Narendra Modi before he became the prime minister.

           The present government protects the ill-gotten assets of the manipulators. This lends credence to his allegation.

          In this connection, it must be stated that the miners give money to all susceptible political leaders. Further, they take care of the serving and retired judges and IAS officers. They have appointed some boys to hand over the money to them. The present man said this long ago.

          In fact, Mr. Rahul Gandhi became silent the moment he realized that the list contained the names of the members of his own party. It must be noted that Ms. Sheila Dixt, a former chief minister of Delhi, was infuriated when he talked like this.

          Curiously, Mr. Rahul Gandhi did not mention the acts of corruption in the Rafale deal.

          Finally, the Prime Minister chose to ridicule his allegation and the matter ended there.

          The Prime Minister of India, Mr. Narendra Modi, on 24 December 2016, said that he would not take any populist measures to contain the fallout of demonetization.

           He must take immediate measures to restore the lost jobs.  

On the same day, he said that he would not shy away from taking tough decisions to implement the policy of cashless transaction. Perhaps, he would limit the cash withdrawals step by step as soon as the sufficient software is in place.

Next day, he said that he would attach the ill-gotten or the so-called benami properties.

If he is true to his words, he could bring all assets of every individual under the Aadhar Number. It is easy because all documents carry the thumb impression. Then, all assets of every individual would appear in the same page of the computer.

          The Government of India released Re. 26000 crore to some people as grant. The Comptroller and   Auditor General (CAG) of India said that the beneficiaries could not be traced. If the revelation is true, an organized plunder takes place in Delhi.

         

The Central Bureau of Investigation (CBI), Department of Income Tax (IT) and the Enforcement Directorate (ED)  together raided the office and the houses of Chief Secretary to Tamil Nadu Mr. Ramamohan Rao on 22 December 2016. The authorities did not disclose the nature of the discovered items.

The media reported that they seized documents for disproportionate assets worth several thousand crore besides Re.30 lakh in the new 2000 rupee currency notes.

The mystery is that the government does not reveal the origin of the new currency notes confiscated during raids.

The media revealed that Mr. Rao handed over the contract works, permits, licences and numerous orders for bulk buying such as medical equipment, laptops, and health insurance   to the companies of his son, Mr. Vivek, or to others recommended by him.  

About 12 IAS officers, about 10 ministers and about 10 men all over Tamil Nadu State were the other important beneficiaries.

One of the beneficiaries is a Mr. Shekar Reddy. The authorities had confiscated Re. 34 crore in 2000 rupees currency notes from his house. He has thousands of trucks and associated things for removing the river sand. He gives employment and good salaries to thousands of people.

Mr. Ramadoss, the leader of the PMK party, alleged that the government lost Re. 4.75 lakh crore due to river sand mining alone. He wanted the nationalization of the river sand and the beach sand rich in rare earth minerals.

If the media is correct, Mr, Rao bestowed benefits worth more than Re. one lakh crore to the people near to him. The media, in fact, talks of many assets all over the world. 

 Thus the public assets of the Tamil Nadu state are being usurped by a few people surrounding the chief minister.

It must be noted that Mr. Ramamohan Rao thanked Mr. Rahul Gandhi, Chief Minister of West Bengal Ms. Mamatha Banergee and a leader of the AIADMK for talking against the raids.

Notwithstanding the above, the ruling class of India is a deadlier group because it usurps not only the natural assets but also the public money by manipulating the prime minister.

At best Ramamohan Rao and sons is a miniature form of the likes of Tata Sons.

If the Tata Sons could remove the public resources, Jayalalithaa, Ramamohan Reddy, Sekar Reddy, Jagamohan Reddy and others have the equal rights to do the same.

This is not to say that Mr. Shekar Reddy must be given mining rights.

This is only to say that the government of India should have taken over all natural assets before raiding the houses of Mr. Rammohan Rao.

It must be noted that Mr. Tulsi Wadia said that Tata Steel could have started two steel plants in India using the money invested on the Corus.

His message was that the likes of Tata Trusts remove unlimited public resources.

But the Prime Minister refuses to do his duty.

This is the outstanding difference between him and Mr. Rahul Gandhi.

In fact, former Prime Minister Dr. Manmohan Singh of the Congress Party gave the spectrum and the minerals to a broad spectrum of people. The present prime minister removed them from the beneficiaries and handed over them to a narrow spectrum.

The present prime minister talks of recovering the robbed assets but does virtually nothing to translate his words into deeds.

The demonetization policy makes waves because the people think that he would curb the generation of black money by taking over the public assets.

But he defeats the same policy by protecting the corrupt.

  He must continue to make waves for right reasons.

This is letter No.537

   This letter 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 28-12- 2016.

28  December 2016.

V. Sabarimuthu,

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

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536. The cashless income for cashless transactions.

536

Cashless income for cashless transactions

       The Supreme Court of India referred the demonetization policy to a constitution bench.

       All on a sudden, the government did not allow the people to spend the money in their hand. It is an unconstitutional action. In fact, it is worse than cruelty to animals. Theoretically, such a government has no right to exist.

Constitutionally, the prime minister has a right to make mistakes in good faith. The only condition is that he should not have committed the illegality in bad faith. This is not written anywhere in the Constitution of India is a different matter.

Further, when a leader thinks of doing a superhuman effort, he is bound to make some mistakes and the people must be happy to live with it.

Now, the prime minister must prove that he did it in good faith.

He must stop the generation of black money. For this, he must take over all natural assets and examine the other suggestions given to him by the people.

Notwithstanding anything, the government must compensate the monetary loss suffered by the people. Many people below the poverty line pay an interest of about Re.10,000/- every month for the two or three lakh received from the lenders for house construction and others.

They suffer a lot due to the sudden reduction in their income. This must be compensated.

As the small traders and the farmers are the worst affected, they must be given Re.10,000 each per month or any other amount for about six months.  If the government waits for the Budget, the people might think of the words of the former prime minister, Dr. Manmohan Singh, that “ in the end all are dead”.

Some people keep the money obtained in selling their property for marriage purposes and others. Such people must be given back their money if they had sold the property in the preceding two or three months.

The court has been acting in bad faith. In this case, it must act in good faith.

       The Central bureau of Investigation (CBI) arrested former Air Chief Tyagi in connection with the Augusta Westland helicopter deal.

       Apparently, it is the repercussion of the demonetization.

       It is a threat to the Prime Minister of India because the CBI might seek the permission of the competent authority to arrest him for the Re.33,000 crore in the Rafale deal.  

       Therefore, the prime minister must cancel the deal for the stability of the government.

      

       The leader of the Congress Party, Mr. Ragul Gandhi, said that he would reveal the personal corruption of Prime Minister of India Mr. Narendra Modi, in the Parliament. He warned of a quake. But he chose not to reveal anything.

      

Superseding two others, the government selected Lieutenant General Bipin Rawat as the next army chief. He will take charge on 31 December 2016.

Mr. Cyrus Mistry, on 18 December 2016, disclosed that the Tata Trust and the Birla Trust are the only Trusts that keep more than 1 per cent shares in various companies. He added that other Trusts are not allowed this.

This is a startling revelation. The message is obvious. Even the Supreme Court of India cannot make the two Trusts different from all the rest.

Next day, he filed a suit in the Company Law Board Tribunal for appointing a judge of the Supreme Court of India as the Receiver.

He cited several illegalities of the Trust in his submission.

Such illegal activities are common to all Trusts. Therefore,  the  Prime Minister of India must do his duty. The trusts have decided to overthrow him is a different matter.

The competent authorities found huge amounts of new Re.2000 notes in many places. Re. 34 crore was found in one place. According to a TV report, Re. 400 crore was confiscated in Gujarat. The reports are consistent with the letter No. 534.

The people continue to struggle for cash.

 The government could have made the people to spend 50 per cent of their cashless income in a cashless way. This might have kept many people away from the ATM machines.

This is letter No.536

   This letter 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 21-12- 2016.

21  December 2016.

V. Sabarimuthu,

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

535. The fiefdom of the Tata Trust

535

India: The fiefdom of the Tata Trusts

          The Prime Minister of India, Mr. Narendra Modi, on 4 December 2016,  said that his masters are the people.

But many of his actions are not consistent with this statement.

Union Minister Mr. Venkaiah Naidu, in a centre page article in The Hindu on 5 December 2016, narrated the steps taken to recover the black money stashed in foreign banks.

Curiously, he was silent about the Swiss papers mentioned in the last chapter.

          President elect Mr. Donald Trump, vowed to impose 35 per cent tax on any  US company that built new factory in other countries after firing American workers.

India must take a leaf out of his book.

          Justice J.S. Khehar is to be the new Chief Justice of India.

          As a rule, men like him do justice to their job.

          Chief Minister of Tamil Nadu State Miss. Jayalalithaa passed away on Monday, the 5th December 2016, following a cardiac arrest.

          The Government and the Commissioner of Police must be commended for the excellent law and order arrangement during the funeral. The people heaved a sigh of relief because no stampede or road accidents occurred.

          It must be stated that Miss. Jayalalithaa won the mind of the people, particularly the poor people of Tamil Nadu.

          But, she could not do many things she wanted to do.

          Her condition was similar to the condition of the present Prime minister of India. The Prime Minister wants to be above corruption. But he gave  Re.33000 crore to a private individual.

The succession struggle in the Tata Group continues.

 Mr.Tata says that Mr. Mistry does not fit well in the Tata Trusts. He alleges that Mr. Mistry caused huge financial loss to the Tata Group. He says Mr. Mistry wanted to convert the companies of the Tata Trust into his own companies.

Further, he considers Mr. Mistry as a disruptive force. Therefore, he takes effective steps to remove Mr. Mistry from all key positions in the companies of the Tata Trust.

Mr. Tata, furthermore, says that he holds about 66 per cent shares of the Tata Trust and that all other stake holders must either quit the Tata Group or remain as passive members.

In contrast, Mr. Mistry says that Mr. Tata converted the Tata Trusts as his personal fiefdom. He says that Mr. Tata is capricious man. He says that Mr. Tata is a liability to the Tata Trusts. He says that there is breakdown in the governance of the Tata Trusts

Mr. Cyrous Mistry, further, says that the companies of the Tata Group is not the personal fiefdom of any one  individual, not to the trustees of the Tata Trust, not to the directors of the Tata Trusts and not to the directors of the operating companies but to all the stakeholders. .

          Mr. Mistry, furthermore, points out the absence of natural justice in the governance of the Tata Trusts. Therefore, he says that the conferment of all decision making power in one man or a high command among them is unethical, improper and breach of trust.

He says that the above condition gives them personal benefits.

Therefore, he seeks the intervention of the government to remedy and repair the break down.

It is true that no one should form a Trust to cheat the people, his neighbors or brothers.   

But, what intervention does he mean?

Does he mean Satayam like intervention?

Does he mean the liquidation of the Tata Trust?

Does he mean that the tenure of the office bearer must be limited to two or three years by amending the Trust and Societies Act?

Nothing is clear. Therefore, he must elucidate his demand.

The Union Government indirectly invested in the companies of the Tata Trusts more than what the Tata Trusts and Mr. Cyrous Mistry put together.

          But the Government of India remains as a silent spectator.

          This happens because Tata Trusts converted India into its fiefdom.

How is it possible?

          In order to govern India, one need not be a political leader. He need not talk anything. What all one needs is that one must be capable of controlling the public mind.

          The Tata Trust converted India into fiefdom by controlling the public mind.

           Whatever happened, the government must be ready to take a super human effort similar to the one taken for demonetization because there is breakdown in the governance in all Trusts all over India.

This is letter No.535

   This letter 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 10-12- 2016.

10  December 2016.

V. Sabarimuthu,

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

534: Rafale Aircraft Deal

534

The Rafale Aircraft Deal

          The Prime Minister of India, Mr. Narendra Modi, on 16 November 2016, said that the credit for the demonetization would not go to him personally but would go to all parties that stood by the government.

          It is clear that someone inspired or impelled him to demonetize the currency, but he chooses not to disclose his name.

          The demonetization shows that the Union Government should have carried out this exercise long ago.

          Now, the people are fast converting the black money into white money. Liquor shops, transport corporations, electricity board, local bodies and others help the ruling parties. Some say that even the containers do not reach the banks. About Re.5 crore in new notes was confiscated in one place. No wonder that  27 branch managers have been placed under suspension.

          The commission has fallen down from the initial 30 per cent to one per cent. The conversion is becoming easier day by day.

          Many branch managers do not follow the instructions issued by the Government/Reserve Bank of India (RBI). Apparently, the RBI directed the public sector banks to defer the collection of monthly installment of all kinds of loans by two months. But the State Bank of India (SBI) has deducted the installment for November 2016 from the accounts on 1 December 2016.

          Further, there are reports that India knelt before China to calibrate the ATM machines. These are the perils of the over dependence on China.

On one side China gives commission for its exports to India. On another side, it keeps the key.

India must be rescued from the clutches of China.

         

          There are reports that the Government of India is going ahead with the Rafale Fighter Jet deal with a French company.

          The negotiations for this fighter jets had been going on for over ten years.

          The present government signed an agreement to buy 36 aircraft for about Re.5900 crore. To this, former Defense Minister of India, Mr. A.K. Antony, wondered that his government was to buy the same number of the same aircraft for Re. 26000 crore.

The people felt that the government paid about 125 per cent commission for this. They came to the conclusion that the government took a long period of time to finalize the deal only to settle the commission.

          It is a well known fact that commission exists in virtually all defense deals. There was commission in the Bofors deal. There was commission in the Westland helicopter deal. There was commission in Augusta, Emperor and submarine deals. There exists huge commission in all defense deals with Russia. All investigations over these matters end in vain.

          This commission and the inaction of the Supreme Court of India drive the government to settle for sub-standard defense equipment. Many substandard MIG fighter jets bought from Russia jeopardized the lives of so many Indian pilots.

However, hundreds of letters sent by the present man- in connection with the Rafale aircraft - ended in vain

 Surely, the government ignored this work and settled for the Rafale Fighter Gets –instead of the stealth jets -only for commission.

          Therefore, when Mr. A.K Antony revealed the facts behind the Rafale deal, the people thought that the government would cancel the Rafale deal.

          But the Government said that an offset clause provided the French company to invest about Re. 32000 crore in a company of Mr. Anil Ambani to manufacture the same aircraft in India.

          We gave the money to our master. We have disclosed the truth. Don’t murmur about this matter hereafter. This was the message of the government to the opposition parties.

          So, in order to buy 36 aircraft for Re.26000 crore, the government gave a tribute of over Re. 33000 crore to Mr. Anil Ambani.

          Mr. Anil Ambani should not have exploited the weakness of the prime minister like this.

          Everyone thought that the opposition parties would fix the prime minister in this matter. But they did not raise this matter in the Lower House of Parliament. No member of the opposition parties uttered a word against the deal in the Parliament.

Thus the opposition parties failed to discharge their onerous responsibility.

          There are some superior men in the Upper House. For instance, Mr. Ram Jeathmalini is a member of the ruling party. He is a known critic of Prime Minister Mr. Narendra Modi. He even accuses Mr. Modi on many grounds. He went to the extent of saying that the government did not seek the list of the Swiss account holders from the Government of Germany although many other countries got it. However, he too chose not to mention the name of Mr. Anil Ambani in connection with the Rafale deal.

          The Prime Minister says that the corrupt rob the people of their rights. He says that he would fight corruption.  He says that the values are fast eroding in India. He says that he has many projects in mind to make India corruption-free. He says that India would be a new nation by next year.

          He has established his position as a political leader. He need not depend on the mercy of Mr. Anil Ambani to continue to remain power. Therefore, he must cancel the Rafale deal forthwith and then talk about corruption.

This is letter No.534

   This letter 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 3-12- 2016.

3 December 2016.

V. Sabarimuthu,

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

Note: The Rafale deal can be viewed in the youtube.

533. Demonetization of the Indian currency

534

The demonetization of the Indian currency

The government of India, on 8 November 2016, demonetized the Re.1000 and Re. 500 currency notes with immediate effect.

          The Prime Minister of India, Mr. Narendra Modi, said that the currency notes would become useless pieces of paper. This is not true. The currency notes would never lose their lusture. Some people may not exchange all notes for various reasons.

          The Prime Minister, further, said that the action would unearth black money. Actually, 90 per cent of the black money remains in foreign countries. About 5 per cent remains as securities, properties and gold. The rest remains in the form of currency notes.

          The Finance Minister, Mr. Arun Jaitely, considered this as a step towards cashless transaction.

          All Aadhar account holders could be given Re. 2000 each and asked to use it for buying commodities or withdraw it through cards only. Another way is to give employment. For this, 100 days per year work could be converted into 250 days per year work. Or there must be large scale public investments. The Government shall not take much time to reactivate the economy.

          Now, the people all over India are experiencing untold suffering.

          The tourists are the worst affected.

Economic activity has fallen down. Merchants suffer like anything. The traders have announced indefinite strike in Kerala.

Some coolies have no job.

 The property prices have fallen down affecting the marriages of girls. There are corresponding gains for some others.

Some people suffer in hospitals.

Some people have started looting the ration shops.

Some people even committed suicide.

Whatever happened, the decision to demonetize the currency is a well thought out one. It has a sound economic sense. It has several positive points. It would take two or three months to estimate the benefits.

The courage and conviction of the officers must be commended because it is like doing the impossible. All people behind this decision must be commended.

The idea of demonetization was in the air for a long time. Some considered this as a panacea for all the ills of the nation. In one cinema story, a beggar wanted demonetization.

Prime Minister of India Mr. Modi had promised a digital India. The present man, in a recent letter, said that the Government could have introduced cashless transaction.

But, someone might have persuaded the prime minister to demonetize the currency. The people have a right to know him.

Now, India is in for an unprecedented development hitherto unknown to Indians. The only condition is that the Government must act in good faith - without any ulterior motive - for public welfare, consistent with the Constitution of India.

Thank you for this decision.

Thank you.

This is letter No.533

          This letter 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 14-11- 2016.

14 November 2016.

V. Sabarimuthu,

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

Note: My videos on politics and English  can be seen in the  You Tube.