Monday, September 2, 2013

Re: [IAC#RG] CHIDAMBARAM’S SILENCE ON CORRUPTION RIDDEN GOVERNANCE

Dear,

The trio,Manmohan Singh,P.Chidambaram and Montek Singh Ahulvaliya have mortgaged India.Now,anxiously wait for the day when they will put' India for Sale'.Before then,Sonia along with her kith and kin would flee India with the booty which they have safely stashed in safe havens.What we see is the begining of the end.Regards.


On Sun, Sep 1, 2013 at 11:52 AM, DR MC GEORGE <drgeorgemanayan@yahoo.co.in> wrote:
        Hello friends
         Banks in general is acting like 'SHYLAKS' in thier dealings with customers. RBI has brought down CRR to 4% from 9% in 2010 where as banks were charging 10.5% on educational loans having BPLR rate in 2010 and same bank now charges 14.5%. All these shows the total lack of governance and rule of law existing in the country. CRR being a deposit with RBI having no return of any sort is a dead deposit of bank funds. Banks could get release of additional funds to the tune of 5% of their deposit which in actual terms amounts to Rs. 3,72,000/- on a deposit figure of 72lakh crores. Inspite of this benefit they went on increasing the interest especially for a scheme targeted to economically weaker sections. Banks in general follows the KYC norms metticulously which for them is 'Kill your customer' rather than 'know your customer'. The clamour for reduction of RBI rates should be benefited to the customers and banks should reduce interest rates in tune with
 RBI steps. Banks have to follow inclusive aproaches rather than exclusive. To maintain just and fair financial business there should be effective control and supervision which is totally lacking in the country.
Dr.M.C.GEORGE,ADVOCATE,INFAM(IndianFarmersMovement)National Trustee.
--------------------------------------------
On Sun, 1/9/13, Vijoy Ambasta <vijoy.ambasta@gmail.com> wrote:

 Subject: Re: [IAC#RG] CHIDAMBARAM'S SILENCE ON CORRUPTION RIDDEN GOVERNANCE
 To: indiaresists@lists.riseup.net
 Date: Sunday, 1 September, 2013, 6:11 AM

 You surely have the right to
 own a house but with your own cash without borrowing. Once
 you borrow Rs 100 you end up paying back Rs 180. Karz lena
 to dunia mein sabse bada curse hai. Read Chanakya artha
 shastra & not the western way of economy. Greed is what
 one sees in the opulence of others. It does not belong to
 you.so why have a craving for that. That is what i meant by
 contentment. We have a;; become greedy due to cheap loan
 that makes all of us greedy.
 Vijoy

 On Fri, Aug 30, 2013
 at 11:06 AM, mukta rae <mukta.rae@gmail.com>
 wrote:

 mr vijoy 
 kudoa 
 you talk like the bank employee. I have a right
 to own a house and it has nothing to do with greed. Bank
 employees till the top all enjoy those luxuries which you
 feel a borrower does not deserve, with whose money



 On Thu, Aug 29, 2013
 at 7:53 AM, Vijoy Ambasta <vijoy.ambasta@gmail.com>
 wrote:


 this is what debt ridden economy means.If one does
 not have the cash to pay for a car or house why can't he
 live in rented apartments and use public transport.. If one
 has Re 100 he must never spend Rs 1000.This is the reasons
 why the EMI have increased by 100 %.as this is exactly what
 is happening now. The theme needs to be contentment and cut
 down on greed and show off life style that does not belong
 to you.


 Vijoy

 On Wed, Aug 28, 2013
 at 7:12 PM, mukta rae <mukta.rae@gmail.com>
 wrote:



 Hi
 I have going through your mails regularly and
 some of them are really good and hope they are giving you
 desired results.



  Here I need to raise a doubt I have in mind
 regarding RBI and banks . In last 10 years I have watched
 time to time RBI raising interest rates thereby affecting
 the EMI payer , the banks are under obligation in utrn to
 raise the EMI of the borrower, but when the RBI decreases
 the interest rates there is no compulsion for the banks to
 decrease the same. The end result is in last 10 years the
 EMI has increased by 100% and the borrower is endlessly
 paying to the bank with the number of years of EMI increased
 and the amount increased. The borrower is literally the
 tenant of the bank. 





 On Tue, Aug
 27, 2013 at 8:09 PM, Venkatraman Ns <nsvenkatchennai@gmail.com>
 wrote:






  ToIndia Against Corruption






                    CHIDAMBARAM'S 
 SILENCE 
 ON CORRUPTION RIDDEN  GOVERNANCE

  Replying to the
 debate in parliament on  27th
 August , P.Chidambaram   blamed  several external
 factors   as
 well as the judiciary's  "interference"  for the
 country's  economic mess 
 , as if  he has no  responsibility .   He 
 made  empty promises  like curtailing current account
 deficit,  boosting manufacturing sector  etc. 
 without really explaining  why he
 has not done this all these years and how he would do it now
 which  the UPA  has not done during its
 governance.

 The real grim fact
 which he conveniently ignored  is the
 widespread corruption in the governance by UPA government,
 resulting in
 siphoning of thousands of crores of rupees 
 by unscrupulous ministers ,  politicians
  and bureaucrats and associated business
 men , which resulted in coal scam , 2G scam, Commonwealth
 scam  etc. etc. Money meant for development  projects 
 are now largely in the pockets of unscrupulous people
 forming part of
 this government  and Finance Minister has
 nothing to say about this as this will amount to blaming
 himself.

 He   indulged in empty  rhetoric  asking 
 why should we import  coal . The
 country  is forced to import coal because
 of the coal scam of the government.   Are
 we not paying a huge price  for the
 corruption  ridden  governance led by Manmohan Singh
 ? N.S.Venkataraman

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