Friday, February 26, 2010

Budget for common men or for riches

Price Rise:::::::

With the rise of petrol and diesel prices there will be rise in bus fare, freight fare by trucks and indirectly prices of all commodities will rise due to rise in transportation cost. It is also true that when petrol or diesel prices go down there is no fall in prices. When ATS fuel prices rise airlines raises airfare but do not reduce the same when ATS cost comes down. Prices can be controlled only by conducting raids on traders, manufacturers and commodity brokers who are artificially raising prices.

There is no shortage of production and it is told by government many times and it is also known that government is proud of GDP growth in the country. Regulation of prices of all goods and services need to be done at all level but in the name of reformation administration is ignoring the same and has given full freedom to businessmen to earn maximum profit. http://in.linkedin.com/in/danendra

Subsidy:::::::::

Subsidies of all types are looted by fabricating relevant documents. It may be NREGA money or Industrial subsidy or fuel subsidy or fertilizer subsidy or export subsidy or subsidy under various loan schemes sponsored by government of India. There is large scale loot going on in one name or the other. When media traps one scheme they change the name and old wine in new bottle continues. Reign of corruption will never end until we adopt to some hard punitive action... http://in.linkedin.com/in/danendra

Income Tax relief:::::::::::::::::::

There is nothing substantial in budget other than a little bit compensatory relief ( price rise is almost 100% during last one year and when prices rises there is salary erosion at all levels. Even businessmen whose income is less than five lacs faced the pain of price rise)to salaried class people or person having income upto 8 lacs.

Large part of population constituting 80% of Indians who are having less than one lac as annual income will not get any relief but they will be forced to share burden likely to rise due to rise in fuel prices. Government which always talks of common men has left the common men on the mercy of traders and corrupt officers .http://in.linkedin.com/in/danendra

Housing Sector::::::::::::

1% interest concession has been allowed to those who avail loan upto Rs.10.00 lacs but service tax has been imposed at 10% on builders who take advance for booking a flat.. former will give a little bit relief but there will be at least ten times of this relief as rise in cost of flat.

Common men:;;;;;;;;;;;;;

Private companies have been allowed to set up local private banks in all towns and villages. Now these banks will exploit rural people as money lenders used to exploit them before nationalization of banks. On the one hand government is talking of consolidation of banks and on the other they do not hesitate in giving more and more licenses for private banks.

Even existing NBFC are beyond the control of the government and every year some NBFC close their offices and found to be absconding when poor and innocent depositors ask for payment as promised by them. Now government is trying to add fuel to fire by giving them permission to establish local banks.

Danendra Jain
Ganaraj Choumuhani Agartala 799001
27th Feb 2010

Wednesday, February 24, 2010

Talk and talk only

It is absolutely right that Government of India is seeking excuses in foreign land for terror attack or for racial attack. Government has been blaming others for its own weaknesses, inefficiency and inactiveness as also for rampant corruption. Terrorists are active in one form or the other in our own country and in every corner of the country. It will not be an exaggeration if I say that in every mohallah in every town there are few terrorists who exploit innocent and helpless citizen, student, traders, servicemen, land owners, professionals, car owners, cr parkers, hawkers, and others in one way of other. Naxalites are the visible Indian version of terrorism. Police terror is another version of terrorism. Corruption in administrative machinery and judicial system is third version of Indian brand of terrorism. Several task force committees have been set up for bringing about reformation in the system but all failed to yield result. For last three decades one after other efforts has been made to have dialogue with terrorists or naxalites but no solution has come.
Each government passes time and prepare for next election. Who is bothered for the security of common men or for the security of the country? Prices of all essential commodities are increasing and increasing, media is shouting and shouting but PM and president of India or all ministers are enjoying their life peacefully. They are awakened only by strike, mass rampage, arsoning and attacks like terror attack. Even if they are awakened they are likely to go for sleep again in a few days after lodging a inquiry commission or setting up a task force committee to look into the unhappy incident.
Thousands of letters and emails are sent by aggrieved person or loyal citizen of the country to important dignitaries to highlight irregularities and corrupt practice prevailing in the system, but unfortunately all such letters and emails are filed, not acted upon and not responded. I am unable to visualize any solution for any problem, it may be terrorism or price rise or rising unemployment and poverty.
If properties of these ministers and MPs are confiscated and they are booked to jail for their failure and for their inefficiency I think all rush for seeking ticket for election will end. If delegated powers of MPs and Ministers is narrowed down and transparency is established in all their actions, power of transfer and posting and promotions is completely abolished I hope flattery culture will end and officers in general will work sincerely and not indulge in yesmanism..
Danendra jain Ganaraj Choumuhani Agartala 799001 25th Feb. 2010

Thursday, February 18, 2010

Budget 2010-11

I am not an economist, nor an expert in finance management of the government. I however try to project my feelings. Liquidity crisis or Sub Prime Crisis occurred in USA and other European countries. How did it affect Indian economy in the year 2008 which forced Indian Government to sanction stimulus package in line with what Obama did in USA.

Is it true that export proceeds of goods exported to USA or any other countries were stopped by importing countries?

If not how did it result in liquidity crisis? When foreign countries stops import , real problem may arise in selling exportable goods in domestic market.

If export proceeds were really stopped by importing nations like USA, government could have been justified in sanctioning financial package for such affected exporters or manufacturers, but not justified in allowing benefit to all.

CRR and SLR were reduced to release liquidity for banks. Is it justified to provide such liquidity (interest free fund) to all banks whether they were associated with affected exporters or manufacturers or not?

Even if it is considered that release of liquidity or relaxation in tax in general without discriminating the real victim of said sub prime crisis of USA was justified, the matter of vital concern is whether government has ensured that affected units have actually benefited in any way from the said stimulus package.

Has government ensured that domestic demand of exportable goods has been created to compensate loss caused due to stoppage of exports?

If domestic demand has not increased, how the said affects units have utilized the stimulus package and how they could maintain the same turnover as they used to exhibit through export proceeds?

Has government tried to ascertain the proportion of stimulus package released for banks used for growth of manufacturing or export sector and what proportion invested in MF or parked in RBI at Repo rate to earn interest or dividend?

Is it not true that excess of fund provided to business units, traders, manufacturers and exporters resulted in huge hoarding, black-marketing and abnormal profit making?

If it is true, government should admit that the current price rise is nothing but the making of the government.

Income of poor people did not rise but prices showed relentless rise and this resulted in considerable erosion in purchasing capacity of poor and middleclass families. As a result demand of the consumer goods at grass root level has sharply come down.

Had the government avoided stimulus package, the exportable goods could have come in the domestic price at reasonable price and demand could have gone up to a considerable height and the end result could have given a boost to manufacturers and traders.

Further the government could have used the fund released through stimulus package in carrying out additional public investment to create additional demand and additional employment opportunities.

If there is a little bit relevance in points raised by me I think government should not hesitate in withdrawing stimulus package in gradual and comfortable manner. This will help in combating inflation and ease the burden of poor to a good extent.

If liquidity from banks is withdrawn, banks will not invest in MF, will not park surplus fund in RBI to earn interest at repo rate and at least not opt for sub-PLR lending to corporate or to real estate sector which benefits none other than upper class of the society.

Banks will be forced to mobilize deposit at some higher rate which will benefit poor and middle class families and pensioners to a greater extent. If lending rate to corporate goes a little bit higher, if rate for housing loan or loan for car goes higher I am very much confident and the experience of pre-reformation era reaffirms my belief that sale of these luxurious goods will not come down and neither nay corporate sector will stop their activities on account of little rise in borrowing rates.

Can I conclude now that the fear of global recession in India was artificial and maintenance of growth rate achieved by dint of the said stimulus package is also imaginary, unreal and willful exaggerated to hide the faulty policy and faulty execution of government’s good policies?



Danendra Jain
Ganaraj Choumuhani
Agartala 799001
18th Feb 2009

Monday, February 15, 2010

Ministry of Home

India is a vast country and Indian security forces or police cannot provide security to all people in each corner of the country. This is a bitter truth, which every Indian must admit. We are fortunate enough that terrorists are active and conducting terror attacks in metros and big towns only. If they start targeting small towns, cities and village for target attack, I apprehend India’s security arrangement will get punctured and prove to be hollow, absolutely incompetent and inadequate to deal with highly equipped, trained and funded terrorists.

I feel however proud that person like Mr. P Chidambaram has been in charge of Home Ministry and he has left no stone unturned to have best control and best use of available police and armed forces, to monitor and coordinate various intelligence agencies and to have best possible liasoning with most of the concerned department to achieve best possible result in available resources, at least far better than his immediate predecessor Mr. Shiv Raj Patil. It is his sincere efforts that during last 400 days no terror attack took place and many probable attacks were thwarted and culprits were booked in jail.

In the present case of Pune blast also, home ministry had alerted all well in advance about probable terror attack. Police forces as also people of these towns were cautioned to be alert of terrorists and unidentified bags. But home ministry or the police forces cannot follow those terrorists 24 hours 365 days. . Terrorists on the other hand are behind their target 24 hours and 365 days. This mismatch gives terrorist an opportunity to befool public as well as police. If people of India, politicians and media all cooperate, I hope India will be safer. Government needs to send a clear signal to criminals that there will be no sympathy for those who commit crime and violate laws of the Nation, irrespective of their caste or community and needs to ensure quickest punishment to crime perpetuators, even if it needs to jail Thakre like person or Indian Muzahiddin (IM) needs to be banned and its members need to be booked to task.

We therefore need a fool proof system which can take care of common men at all places every minute, every time. Police forces and the ruling party succeeded in release of MNIK in Mumbai and in the state of Maharashtra only because it was a few days phenomenon and one time event. Police forces were sent in civil dresses in all cinema halls to control the situation successfully. Similarly Indian government has to ensure that fifty percent of police forces are posted in civil dresses and made active in all corners of the country to guard common men to watch on the malicious activities of terror groups or naxal groups. This is possible only when entire political system and administrative machinery is redefined, reactivated, revitalized and rejuvenated. And the most important is that politicians are kept completely away from police forces. This is possible only when politicians discard vote bank politics and give value to security of Indians on priority.

However this is also true that police force in our country do not work sincerely and honestly at all the places and in all the states in the country. Reason behind inactiveness of police force is also nothing but wrong policies and wrong treatment of police force in the hands of politicians. When they act some party or the other abuses them, when they do not act they are abused by some politician or the other. It is therefore easy and comfortable for police personnel to do what politicians or ministers in person like them to do. It means police forces in general think it wise, prudent and better to flatter VIP and powerful person to get cream posting, easy promotions in career and get rid of all charges leveled against them by common men. We need to change this culture prevailing in almost all government offices, banks and insurance companies.

Unfortunately in our country those who act honestly and sincerely are more often than not shunted out and placed at such a critical place that honestly becomes a curse for its followers instead of an award. Even distributing of various medals or awards for successful completion of any task or any courageous action in police forces are based on either flattery to bosses or recommendations of some higher authority or some political heavyweights. Prestigious award like Padma Bhusan, Padam Shree, or Padam Bibhusan are awarded to controversial figures. This is very much painful.

Indians know how sincere IPS officer like various governments in her career treated Kiran Bedi when she was in job. People know how person like DGP Mr.Rathore got one after other promotions and better posting even after his involvement in Ruchika’s case. In the past few days IAS officers have been found to be indulged in large scale corruption and property worth many crores of rupees have been caught by IT authorities. Morality of top officers has faced dangerous erosion in the hand of politicians of the country.

Obviously entire set of administration has become victim of corruption and selfish policies of politicians. It is ironical that politicians who are originator of all corruption always blame administration for rampant corruption. This mutual blame game continues and common men become victim in all the cases of security lapses and it is painful that in this mutual mud slinging process, criminals get rid of charges, or court proceedings are delayed and ultimately criminals get rid of punishment for their crime. As a consequence crime graph in our country is rising unabated.

To add fuel to fire, criminals are getting support of various political parties to enter in to Parliament and take part in debate and stop legislative or executive action against criminals. It is undeniably true for Indian political system that politicians and criminal are two sides of the same coin and police forces are instrumental to them, subsidiary to them and nothing but extended arm of our bad political and administrative system .We therefore need thorough change in the system from top to bottom level.

It is also regrettable that even media instead of focusing main problem, concentrating on terror attack and searching its possible remedy start searching loopholes in the speeches of ministers, police authorities and change the agenda of the country from security mechanism to dirty political game. Media portrays the picture of terror attack in a way, which is not conducive for proper and appropriate investigation of the terror attack. Even intelligence inputs are broadcasted and elaborately enlightened on TV in such a way which help more to terrorists in changing their target and strategy, rather than helping police and people of the country to effectively trap the terrorists before they act upon their conspiracy to destabilize the country. Enemy foreign countries take advantage of our weak points and always succeed in execution of their dirty, destructive and divisive plans to weaken India. Undoubtedly media needs to be made accountable and responsible towards sensitive issues like terror linked in formations and post terror attack investigation procedures.

Danendra jain
Ganaraj choumuhani Agartala
15th Feb. 2010

Saturday, February 13, 2010

Mr. Kapil Sibal Minister for Human Resources

Arbitrary promotion and whimsical transfer is the root cause of rampant corruption and culture of flattery to superiors. Culture of flattery to bosses and tendency to become Yesman of Ministers, MPs and MLAs is the root cause of all maladies prevailing in the society. Every employee in our country knows the bitter truth that only those who are yesmen of bosses can get elevation in their career or get cream and comfortable posting.

Most of MLS, MP and Ministers have accumulated properties worth many crores of rupees. Department of vigilance or CBI or Anti corruption cell or Economic offenders cell are silent spectators.

So many IAS and IPS officers have been found indulged in corrupt practices only because they have got the blessings of their mentor Ministers.

So many bank officers and executives have properties worth crores of rupees, which is far more than their total earning in their entire tenure. It is possible only because there is practically none to look into corrupt practices prevailing in the bank at higher level.

When Head of any department or office is corrupt, or when any minister in the government is corrupt it will be foolish to imagine of healthy culture down the line.
It is very difficult to survive with dignity when the boss is corrupt and when boss likes flattery.
Only when boss loves real performance, employees feel delighted in working sincerely.

When real performers are awarded, there will be positive motivation. On the contrary if corrupt is promoted and given good posting, it is but natural that people will be tempted to toe the line of boss even if it is wrong and unethical and against the interest of the organization

As long as we are unable to provide a reasoning based transfer and merit based promotion and as long as the wrong doers are not punished by either head of the department or by the courts we cannot imagine of stopping corrupt practices prevailing in the system and spreading like cancer in the society.

Old proverb survival for the fittest no more holds good. Now a days survival is possible only for the person who is well versed in flattery to bosses, who can earn money through ill methods and share the same with his bosses.

The bitter truth is that there is no foolproof method of providing perfectly merit-based promotion or seniority based promotion in any office. None of the promotion processes can ensure justice to all, justice to the organization and discomfort to none as long as the person responsible for carrying out the promotion process is dishonest and corrupt. When protectors become destructors, damage to society cannot be stopped,

One easy way to stop whimsical transfer and arbitrary promotion is to maintain transparency and abolish the requirement of passing through Interview for existing employees for getting promotion. Interview is such a test where Interviewers can easily spoil the candidates career.

During interview, key role is played by elements like bribe, gift, sources, godfathers, and flattery possessed by employee whose performance is assessed during interview. When Interviewer desires to promote an employee he raises easy questions or do not raise any question and give higher marks and on the contrary he may raises toughest and irrelevant questions before the candidate to reject him in the promotion process.

The interviewer as per his whims and fancies gives marks for interview and unfortunately there is no method to penalize such malicious interviewers or the interview team made of birds of the same feather. There is hardly any place for merit in the mind of Interview panel and this why whimsical promotions take place and a reign of injustice and that of corruption spreads like epidemic and is followed by inefficiency, frustration, depression and what not.

Last but not the least; our courts cannot deliver justice in decades. This eliminates the fear from the minds of interviewer and the aggrieved employee is constrained to bear with the rejection in promotion process. Justice delayed is justice denied. And when there is no hope of justice even from court, aggrieved person in promotion process is left with no alternative other than digesting the poison of injustice.

It is an open secret in our society that victim is afraid of lodging complain in police department against any type of criminal. Not to speak of promotions, management can torture an employee by using his power of transfer and posting an employee in the name of exigencies as per his sweet will.

I therefore request you to take immediate steps to ensure merit based transparent promotion and reasoning based transfers and posting in all offices. Only one remedy to cure disease of corruption is to award honest performers and sideline corrupt performers. Only the bearer knows where the shoe pinches is a right proverb in this regard.

IN BANKING INDUSTRY THERE ARE HUNDREDS OF OFFICERS WHO ARE FACING TRANSFER EVEN TWICE OR THRICE A YEAR WHEREAS OFFICERS SITTING IN METROS ARE SITTING IN ONE TOWN SINCE JOINING SAY FOR TWO OR THREE DECADES.
EVEN POLICY OF RURAL POSTING IS MISUSED BY THE MANAGEMENT TO ISOLATE NON FLATTERERS .
EVEN POLICY OF POSTING OUTSIDE STATE AFTER PROMOTION IS MISUSED TO FAVOUR THE PEOPLE OF WEST BENGAL OR THAT OF MAHARASHTRA.
POLICY OF NORTH EAST POSTING IS USED TO ISOLATE NON FLATTERERS. POLICY OF TRANSFER FOR NON PERFORMERS IS ALSO USED BY THE EXECUTIVE TO KEEP NON FLATTERES AWAY.
NOWHERE AND NONE OF POLICIES ARE USED TO PROMOTE THE CULTURE OF PERFORMANCE.
AS SUCH IT IS COMPARATIVELY BENEFICIAL TO ELIMINATE THE ELEMENTS OF DISCRETION OR DISCRIMINATION IN THE INTERNAL PROMOTION PROCESS AND TRANSFER POLICY.THE MORE TRANSPARENT WILL BE THE POLICIES , THE LESS WILL BE QUANTUM OF FLATTERY IN THE MIND OF WORKING OFFICERS.
EXECUTIVES WHO ARE INDULGED IN CORRUPT PRACTICES WHILE RELEASING ORDER OF TRANSFER OF PUTTING THEIR SIGNATURE ON PROMOTION ORDERS MUST BE SUITABLY PUNISHED SO THAT RECURRENCE OF SUCH MALPRACTICE DO NOT TAKE PLACE.
JUSTICE DELAYED IS JUSTICE DENIED. YOU CANNOT IGNORE THE RESENTMENT, FRUSTRATION AND DEPRESSION PREVAILING IN THE FIELD LEVEL FOR LONG WITHOUT INVITING STRIKE AND LARGE SCALE REVOLT AND RAMPAGE

Danendra Jain
Agartala

Wednesday, February 10, 2010

Public Complaints

Highest office in the country is that of President of India. Can anyone expect positive outcome from grievances lodged on website / letters sent to President of India?

Is PM’s or CM’s office responding positively on public grievances lodged with it?

Are courts in India delivering quick justice?

Is it true that letters or grievances are as usual forwarded to concerned department or filed without any action as other subordinate departments are doing?

Is it a fact that office of President’s Secretariat is also suffering from manpower shortage as other offices are suffering in the country?

After all where from common men can expect justice?

Courts in India are also beyond the reach of common men. Justice delayed is justice denied.

Monday, February 1, 2010

Let us pray God to fight price rise

Airfare seems to be reasonable if you book your ticket one month in advance. But it goes on increasing if you delay in booking the ticket. The more you reach to nearer to date of your travel by air, the more you will be charged by private ailines. It means your urgency of travel will cost you higher fare. It is remarkable to point out here that for journey from Agartala to Delhi varies from Rs. 3000 to Rs. 23000 depending upon the date of travel and the private airlines you choose. It differs from one private airline to other. Rate are decided in completely whimsical manner and government is silent spectator of all these arbitrary charging of fares by private airlines. Even Government sponsored Air India and Indian Airline does not hesitate to charge higher fare though they book loss even after recovering maximum rate.

There is complete freedom to airline to exploit the passenger whenever there is increase in number of passenger on any particular date due to festival or marriage season or due to strike by any of private airline. Government has for all practical purposes turned blind eyes towards arbitrary rule of flight owners.

You may imagine the fate of passenger who travels by train or by bus or by taxi, if they also start exploiting the passengers in the same way. You will be frightened to think of a situation if traders in other essential goods also start charging higher rate depending upon the demand in the market of a particular goods or service. It is therefore not astonishing that traders first hoard lacs of tons of sugar in their hidden godowns, create artificial crisis and then raise sugar price in the market. Similar is the fate of wheat, rice, pulses, potatoes, onions and many other essential goods.

Government has no right to regulate the bus fare or train fare (if privatized as airlines) or the prices of essential goods in an era when government has given freedom to traders and manufacturers. This is perhaps the root cause of unprecedented price rise in all sphere of life and increase in inflation number.

It is interesting to point out here that prices of TV, freeze, washing machines, CD players, Computers, have not increased in last few years, rather decreased because of the fact that demand of these goods is confined to microscopically small portion of population. More than 95% of population has faced severe erosion in their buying capacity due to rise in price of essential goods disproportionate to their rise in salary or income from their business.

RBI or government of India shedding crocodile tears on price rise and in fact they do not have moral to advise traders to fix reasonable rate of any goods or service or to have a reasonable profit margin and there is no doubt in it that the government willfully have taken no steps to stop profit making and hoarding activities undertaken by traders to give an artificial boost to prices of essential goods.

After all we are living an era of privatization, liberalization and globalization and our policies are traders friendly. We are no more protagonists of socialistic policies; we are in fact marching towards capitalistic pattern. Even voters preferred voting Manmohan Singh Government who advocates complete freedom to traders in the name of global competition. The more you are rich, the more favour you will get from Government. Reliance, Tata, Mittal etc will get discount in tax, reduction in interest rate, preference in land acquisition and what not. But when milk produces and farmers talk of tax rebate government will talk of financial deficit and resource crunch. Government can provide cheap land or even free land to those people who establish engineering or medical college. But the same government cannot advise college owners to charge reasonable fees from students.

Gone are the days when cigarette, wine, freeze, cars etc were taxed more, gones are the days when home loan and car loans were given by banks at higher rate of interest. Now a days banks are asking for freedom in interest rate for charging higher rates to farmers because they are of the view that farmers should be given credit at rate higher than BPLR and they advise farmers to depend on local money lenders or local banks contemplated by RBI .On the other hand banks are ready to give Sub PLR credit to corporate, home loan seekers, real estate developers, luxury goods manufacturers. Students are given loan so that they become capable in paying exorbitant college fees to college owners and take admission in private colleges. But the same government does not think it morally prudent and wise to ensure that students are charged reasonable fees. After all it is an era of freedom and freedom only for those people who hail from affluent class of society.

This is why poor are growing poorer and riches are growing richer. Gap between the have and have –not is widening day by day. It will not be an exaggeration to say that poor are leading a life of slave though they are given freedom of speech and freedom of occupation and though education has been made mandatory upto secondary level. Politicians are therefore deviating the minds of poor, middle class and downtrodden class from their poverty, their unemployment, their incapacitance and incompetence to their caste, religion, region or language. Leaders like Bal Thakre, Raj Thakre, Ashok Chauhan therefore think it wise to talk of Marathi Manush and Marathi language. Lalu Yadav, Mulayam Yadav, Mayawati like VIPs do not feel shame in talking of Yadavs, Dalits, OBCs and Muslims. Politicians in general therefore do not feel shame in talking of reservation or quota because they expect to get support from many voters. Leaders try to avoid talk on hardships of common men and try their best to arouse emotions of common men and enrich their vote bank so that their castle of power remain intact even under acute economic crisis and severest recession or draught or fraud or any other natural calamity. Leaders do not hesitate in supporting or getting support from Naxalites or terrorists or anti national elements if their survival in powerful post is at stake.

Let us therefore not cry, weep for beg for alms from our political leaders, better to starve and accept painful death. It is not out of place to point out there that poor people cannot even dream of proper medical treatment if they fall sick in lack of nutritious food or water or due to polluted climate. Global warming also do not affect rich people and it is poor who become victim of pollution in the environment.

It is However God, and God alone who come to rescue of common men in all bad days. Government is after all of the rich people, for the rich people and by the rich people.
Danendra jain ganarah choumuhani Agartala 799001
1st Fab 2010