HONESTY IS INDIVISIBLE

HONESTY IS INDIVISIBLE

The scams have a symbolic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached a mind-boggling level of 50% of the GDP, that is, it annually generates Rs. 33 lakh crore in black income. While the 1980s saw 8 major scams, in the period between 1991 and 1996 there were 26 and during 2005-08, there were around 150.

There has been an (exponential) growth in the average amount of money involved in each scam. Bofors was the biggest scam of the 1980s, estimated at Rs 64 crores. It was dwarfed by Harshad Mehta scam in 1992 involving a loss about Rs 3000 crores (Janakiraman Committeee report). The Satyam scam in 2009 is estimated to involve upwards of Rs 7500 crore. Finally the mother of all scams, the allotment of 2G spectrum in 2008 is estimated by CAG to involve a loss of Rs 176000 crore. Even if that is a notional figure, in 2008 itself various analysts had estimated the loss to be upwards of Rs 50000 crore.

On Inflation:

Political scientists in India 2011 can now be forgiven a rethink on the whole fraud. The massive hike is petrol prices at a time of ranging food inflation is totally unacceptable (some business magnets and IT people will alone say this scenarios are clearly evidence of showing India is developing in economic. What a think they have na…amazing). In just seven months, the price of petrol has gone up by over Rs. 10. The new hike has came even as the government announced that it was taking the price rise seriously and has formed yet more panels and GoM to study the problem. (Another GoM was to have met in Dec 2010 to decide on whether to hike diesel and LPG price as well. Yet another was to take a call on raising APL foodgrain prices).

On reshuffle of cabinets:

Amazing, shocking but true, without the involvement of Niira Radia PM has reshuffled the Union Cabinet. Now the rural development portfolio to a man (Shri Vilasrao Deshmukh) just trashed by the Supreme Court for protecting the moneylenders in Vidharbha (a region where farm suicides are more in India). He was CM of Maharashtra for 8 years (30000 farmers took their own lives in the state). For this his remark “Committing suicide is an offence under the IPC. But did we book any farmer for this offence?”. Just after the 26/11 terror attack in Mumbai, he went to the Taj Hotel with his actor son and film maker Ram Gopal Varma. Sacked from his post for his “actions” now elevated to Union Cabinet. Then comes our Agricultural Minister, who will answer only questions related to cricket alone (the removal of Kolkatta for hosting world cup match he replies but for inflation he keeps silence as his leader (PM) does). It’s ok for being ICC President he is answerable to the quests related to cricket but for Indian agriculture??? (Everything can wait in this world except agriculture, a country which s not showing much development on agriculture will not even develop irrespective wat the man power / IT power / defence power…)

On “new new new” scams:

The “new” telecom minister Kapil Sibal on assuming his charge on first day said “something went wrong in 2G spectrum scam”. Appointed one member commission (In India, if a commission is appointed means, criminals can take a big relief since none of the commission had given any harsh punishments to the culprits so far) to probe the scam (headed by former SC Judge Shivaraj Patil). CBI (arm wing of PMO) also investigating this scam details. Days passed, then suddenly one day Sibal’s mouth said in an interview that, “CAG report of Rs 176000 crore scam is not true and it is an assumption figure. No loss occurred in 2G scam.(But CAG confirmed that the amount is correct and scam occurred which is a big ex-cheque loss to India) Then SC asked Sibal to behave with some “responsibilities”, then Sibal took U-turn and said, “I have great belief in CAG”. Here one thing to be noted is that, CAG is not a private dept, it is a wing of Government department which celebrates its 150 years now. (A minister scolding another minister, a Minister denies report by own govt agencies are something can happen only in India)

2G, Raja, Radia, illicit funds and stubborn on CVC, the UPA government’s scam are growing in “geometric progressions”.

Now Chairman of Planning Commission (PM) and Deputy chairman are saying “the huge price rise in food items suggests that the poor are doing better, eating more” (famous statement made by former US President George W  Bush.

The apt for the present India can be written as: “The party (INC) which got freedom for India from British now given a slavery statement to USA.” (As USA said India not signed in Iran – Pakistan – India gas pipeline, Indian students are facing ‘radio tape’ by dupe US Univ but no oppose by head of state from India, etc…)