MPLAD scheme

When Nitish Kumar, chief Minister of Bihar had last year stopped release of MLA fund due to rampant corruption and misuse of MLA fund there was expectation in the minds of common men that Congress Party at center will think of stopping MP fund due to same reason. It is unfortunate but not astonishing to me that Congress Party led UPA government has decided to increase MP fund from Rs.2.00 crores to rupees five crores with immediate effect knowing very well the prevalent corruption and misuse of MP fund. Such decision taken by UPA government will do nothing but add fuel to fire of corruption in which Indians are burning.

In addition this reflects the true character and the mentality of leaders of Congress Party who are completely insensitive and unconcerned about the voice raised by Baba Ramdeo against Black Money and the voice raised by Anna Hazare and his team against rampant corruption. Various spokesmen of ruling Congress Party appear to shed crocodile’s tears against the corrupt system but their efforts to stop corruption are false and deceptive with a motto to cheat and mislead common men.

Clean image Prime Minister Mr. Manmohan Singh is least bothered of his cabinet colleagues, prominent leaders of his party and big corporate house owners going to Tihar Jail on the charges of Corruption and he is least concerned of India’s image getting tarnished in the International community. Mr. Singh does not want even to own collective responsibility of his cabinet and neither does he want to give any importance to civil society members like Anna Hazare or Baba Ramdeo who have launched their movement against corruption and black money.

It is people of India who have to decide now in what way they desire to punish corrupt politicians and bureaucrats—in peaceful manner or in the style of naxalites. During last seven years of rule under the leadership of Manmohan Singh , several scams have surfaced and several prominent persons have been trapped by CBI at the instance and initiative of Supreme Court. As such my great salute goes to judges of Apex court who are contributing their best to give maximum relief to common men by exposing and punishing top ranked corrupt persons.

Read what RBI Governor says

http://timesofindia.indiatimes.com/business/india-business/Govt-macro-data-not-reliable-says-RBI/articleshow/9117844.cms

http://www.telegraphindia.com/1110706/jsp/business/story_14202887.jsp

I am happy that RBI governor has ultimately accepted the bitter truth that baffling data given by various agencies are not reliable and hence the conclusions arrived at on the basis of such cooked up data leads to formation of wrong policies and failure in execution of plan .Last month Mr. K Chakraborty Dy Governor of RBI had also admitted that health of Bank assets is not as good as projected by CEOs of various financial institutes.He further admitted how financial data changes after change of chief of the bank and how profit of branch of a bank does down and Gross NPA of that branch goes up after change of Branch Manager of a Bank.

I am happy because realization of bitter truth can only force the policy makers to introspect into their working style,to assess performance of various banks,to take corrective steps , to punish bad bankers, to frame effective HR policies, to give justice to rejected officials who are not flatterers of their bosses and so on.

In one of the report published by RBI it is said that total of Non Performing Assets in Public Sector banks in India is likely to remain maximum 3% of total advances. I fully differ with this conclusion . I suggest RBI to demand report from all PSBs in format given below and explained in between to know the real truth of health of the bank and to know how corrupt executives sitting at top posts are manipulating the system and cheating with not only with the investors but also endangering the very survival of the banks.

Name of Bank
Name of CMD and ED
Number of Branches
Number of Regions or Circles or zones
Number of branches zone wise
Number of branches where Total amount of NPA is more than 50% of Total advances
Number of Branches where total NPA and stress assets is more than 30% to 50%
Number of Branches where NPA total and stressed asset is more than 10% of total advances
Name of Region or circle or zone of a bank where more than 20% of branches have more than 20% or 10% of Total advances.
Name of region or circle or zone where more than 40% of branches are having more than 20% or 10% of total advances.
Name of Person who is in charge of critical ill or almost dead Branches
Name of Regional Head where more than 25% of branches are critically ill
Name of DGM, GM, ED and CMD where more than 20% of region are showing critical regions.
RBI can devise tabular format as per suitability. In the beginning RBI may select top five banks or select on random basis 20% of total branches which are older than five years for thorough scrutiny.
Name of the Branch Heads, who have spoilt two or more than two branches during their posting at branches.
It means name of Branch Head whose advances have turned bad in most of the cases.
Similarly Name of Regional Head who selected maximum number of corrupt Branch Head during their posting as Regional Head.
Name of DGMs and GMs, who have promoted maximum number of corrupt Branch Manager to higher scale after taking bribe or gifts.
Name of senior officers against whom several allegation have been leveled and still they have been elevated to upper scale by controlling top officials, on the basis of recommendation of some friends, top boss or colleagues.

Moreover Character of individual who is head of such critically ill branch must be assessed. His past performance should be investigated, his linkage with higher officials should be traced, his assets and liabilities should be assessed, role of top officials must be assessed to know how much they got as share of illegally earned money by branch head , CBI should conduct investigate how much has been the role of bribe in credit sanctioning at branch level or regional level , legal or manpower constraints faced by the branch and how much money has been paid by branch head to members of Interview panel or to officials of controlling head office in getting promotion or in getting good posting.

Similarly if 10% of branches in any region are having more than 50% of advances as NPA it may be said that Regional Head of that branch is having poor monitoring and having malicious intention and such Regional Head have been given promotion in the past through unfair means, through back door and through recommendation of some top officials.

If more than 50% of branches is having more than 10% of advances as NPA, it may be said that there is lack of control on branches under his supervision and there is role of bribe in keeping silent on evil works of branch officials.
If more than 25 % of branches are having more than 20 % of total advances as NPA there is complete failure of monitoring tools and there is greater role for corrupt officials in promotion and posting.
If more than 25% of branches are having more than 30% of advances as NPA such regional Head may be categorized as the most corrupt Regional Head.
In this fashion RBI may devise its own framework to decide branch wise and bank wise health of public sector banks.

What I mean to say ere that RBI must conduct branch wise analysis of every bank to assess and ascertain the real health of the bank. Only by making bulk advances and opening new branches or by writing of bad advances time and again or by concealment of bad advances any bank in India cannot safeguard future of the bank. Only by knowing the true story of each bank RBI can strike at the root cause of ill health of the bank which may be any one or all of following

Flattery and bribery based recruitment, promotion and posting of officials
Legal constraints due to which banks are unable to recover money from defaulters
Manpower shortage, poor salary package, poor monitoring, poor knowledge, out of turn promotion causing frustration among subordinates, recruitments of direct officers in scale III or IV or V on the recommendation of top ranked officials of the bank humiliating senior officers of good past record available in banks and so on
Political reason like loan waiver announced by various state and central governments leading to disastrous culture ,forced compromise formula imposed by RBI or politicians giving verbal orders promise made by local leaders that loan will be waived sooner or later
Global reasons such as financial crisis all over the world, war on the border, global recession etc
Election eve concessions given by various political parties and so on



Name of Branch
Excluding branches opened during last three years or say two years or one year. Total advances
As on 30.06.2011 minus
Credit disbursed in last three years or two year or one year Total NPA Percentage of NPA Health Index
Branch 1 May add stressed assets, restructure assets, rephrased or rescheduled assets Sick, critically ill ,almost dead, fit for closure etc
Branch 2
Branch 3
Total
Region 1
Region 2


Bank A
Bank B


Similar tabular statement may be asked from each bank region wise to assess the performance of various regional heads such as GM, DGM, RM etc and performance of bank heads such as ED and CMD.

Role of ministers and top RBI officials in the process of selection and appointment of ED, Director and CMD of a bank may also be looked into to know the truth that corruption flows from the top and not flows up from bottom to top.

Where lies the root cause of sickness of any branch or bank need to be ascertained as soon as possible to safeguard banks in India and it is wise not to believe entirely on financial data furnished by various clever bankers in different format.

Need of the reformation era is to punish bad bankers as soon as possible, even to those who is retired from ban leaving behind large amount of bad assets and to demote ill motivated top ranked officers to demonstrate the effectiveness of monitoring mechanism and to send a clear message down the level that those who indulge in bad or bribe based lending, bad recruitment, who are involved in bribe based promotion and bribe based posting will not be spared in banking industry.

Here it is worthwhile to mention that in the recent past financial report of SBI faced drastic change, sharp rise in NPA and sharp fall in profit just after change of Chief of the bank. Similar situation takes place more often than not in the branches after the change of Branch Head As long as Bank management will continue to provide shield to corrupt officials and adopt hide and seek policy bank as a whole will continue to face erosion in health and incur loss after loss,

It is therefore desirable to nip in the bud and take corrective steps before it is too late. In USA more than 100 banks were closed after the collapse of Lehman Brothers and after financial crisis of 2008. As a matter of fact the so called financial crisis occurred only due to lack of proper monitoring by regulators in USA
www.callforjustice.in

Pranab Da and Democracy

Pranab da has justified the actions of corrupt ministers like A Raja, Suresh Kalamadi, Prafful Patel, Koda and all other MPs and Ministers including Prime Minister who has caused huge loss to the country by their ill motivated action and by their decisions with vested interest. He has justified because these corrupt politicians are elected representatives.

Anna has got no right to threaten democracy by fasting, this is the theory of great Pranab Da.He knows judiciary cannot punish the real culprit even in two or three decades. He knows the art of manipulation . He and his government and his party know how to befool voters on the eve of election .His government distributed Rs.75000 crores just before last election under debt relief scheme for farmers. He has therefore cleverly and clearly expressed his opposition to Anna and his team as also to Ramdeo Baba and his team. Voters can only stop them doing illegal, unethical and fraudulent acts that too only after the end of their term of five years.

I think government servants working as officers or clerks should also be free to earn through illegal means and by unfair means as long as he is in service because he has been appointed after passing examination and his retirement age is 60 years of age.
Courts and judiciary are meant to punish only poor common men. Government is not bound to provide adequate infrastructure to judiciary. Minimum supporting staff is provided to judges handling lacs of cases in HIgh courts and Supreme Court so that Cases against MPs and ministers cannot be heard in any court fastly and can be deferred for decades and decades. Government is not bound to accept CAG report or PAC report on various misappropriation or fraud with government fund. All this is possible (as told by Pranab da) because voters have given them five year time to act as per their whims and fancies , violate rules and regulations, commit fraud with fund, misuse their power for the welfare of their kith and kin and for all illegal acts. Pranab reiterate stand of his government that Anna and Baba Ramdeo should not threaten fast to stop their malicious activities because they are public representative.

Few years ago Lalu had given the same plea when he was trapped and accused of involved in 1000 crore rupees Chara Ghotala. He also told that people of Bihar had voted him to power even though he was guilty of causing loss of Rs.1000 crores to the state of Bihar. Similarly great Manmohan Singh did not think it wise to take action against Mr. A Raja for two years and till he wad forced by the order of Supreme Court to initiate investigation on 2G scam and submit report through CBI.PM did not take action against Kalamdi and Madhu Koda too because they were also elected representative.

Politicians like Pranab da , Diggi baba,kapil dada should understand very well that voters cast their precious votes in favour of person like Pranab Da and Manmohan Singh not because they like them but because there is no alternative , because opposing parties and individuals are divided.Due to divison in votes only such corrupt, cleaver and incapable person win the votes that too by spending black money acquired from rich businessmen whom .These corrupt politicians should also know that due to inordinate and abnormal delay in delivery of justice they are able to remain in power for five years. And this is the great reason that now demand for strong Jan Lok Pal Bill has under emphasis from all corners of civil society.


If voters and other political parties really want to oust such corrupt ministers from power they have to unite and fight jointly. Mr. Jai Praksh Narayan had taught a lesson to Dictator Indira Gandhi in seventies and now the time has come to teach a lesson to present corrupt and Tuglaq like government under the leadership of Manmohan Singh before it is too late. Lalu caused 1000 crores to Bihar, Kalmadi caused 70000 crores, A Raja caused loss of Rs170000 crores rupees and days are not far when we will hear these corrupt ministers has cause d ten lac crores and ultimately sold the frrdom to foreign nationals.None of political leader has love for the country , I assume so....

This is why person like Anna and Baba Ramdeo need whole hearted support from all walks of life , from all political parties and from all voters without any bias on the basis of caste or commmunity, religion or region.
www.callforjustice.in