Government framed policy for posting of bank employees in Villages as also for posting in North Eastern States to promote rural banking and to help development work in rural areas and North Eastern states is more often than not misused. Whenever self interest of an executive is not served by an officer he issue transfer order for him for either remote villages or for critical branches located in North East States Obviously management of banks have always misused this excellent policy to discard non-flatterers and to torture those employees who do not indulge in corrupt practices and who do not implements bad orders of the executives.
RBI or any investigating agency on honest inquiry will find that some officers have been working in villages for two or three decades whereas flatterers of the top officials of the management have been allowed to work in Metros for decades together. When an officer do not provide gifts to General Manager, he is posted in North Eastern States on the plea of Non Performance whereas those who commit fraud or indulge in irregular credits but always provide golden gifts to GMs, DGMs, AGMs in the name of some function either of inauguration or customer’s meeting are allowed to remain in big towns.
Some officers are simply creating bad advances and some others are constrained to recover the bad advances merely to save the corrupt officers from punishment. This is why loans or advances become Sub Standard in one or two years of its disbursement. It is also a bitter fact that such bad advances are concealed by gifting Auditors and inspectors and treated as good advances till the sanctioning officer wither is promoted or get safe exit from the bank. Honest workers are made scapegoat for the misdeeds of big executives.. It is undeniably truth that excellent results exhibited through annual balance sheets are due to devoted work of good performers and it is they who are salvaging banks from the misdeeds of bad officers. As such shining balance sheet of a bank should not give conclusion that the results shown are hard work of top officials sitting in AC rooms but that of field workers who are head of a branch and who is doing hard worker even under acute manpower shortage. In banks manpower is adequately provided only to flatterers even if he has caused banks crores of rupees. Until RBI or CBI catch hold of corrupt executives and punish the evil performers and at the same time award those officers who have been whimsically kept away from promotions and unless good officers are given respectable posting and promotions one cannot imagine of any rise in intrinsic value of any bank
On the contrary PSU banks are facing erosion in intrinsic value due to dirty implementation of apparently good HRD policies. In the name of Interview any employee can be deprived of and denied of promotion. Power makes executive corrupt if the decisions made by them are not transparent and subject to review. Root cause of persistence and promotion of such corrupt officers is due to the bitter fact that even courts fail to provide justice in decades together and this is why management bosses indulge in whimsical promotions, arbitrary transfers and postings.
I request bank officers to send their personal experience and story of corrupt officers to me at dkjain49709@rediffmail.com so that such illustration may be incorporated in PIL to be filed in the court. These information will be helpful in seeking information from bank under Right to Information Act to expose the true colour of officers who have been holding top posts in the bank and who have been getting continuous shelter from Banking division, RBI and Ministry of Finance. The aggrieved officer may also send the real story about them, how they have been cheated by their bosses, how they have been denied promotion and how they have been given always critical posting. After all how long you will bear with injustice in fear of repercussion from higher authorities. One has to come out of imaginary fear and expose the true picture of bad officers. How long meritorious and talented officer will face humiliation and posting against their dignity.
I will come with name of AGM,DGM ,GM,CM and BM and tell the officer community and Government of India how reign of injustice prevails in the banking industry. I need your cooperation in making a strong case against some of CMDs who are recognized as star performers but under the shelter of such CMDs ,their left and right hand officers who themselves are facing CBI charge sheets are exploiting power for self interest.
Saturday, July 3, 2010
Monday, June 28, 2010
Bank officer's association
Bank officers Association are getting monthly subscription of Rs.100 to Rs.200 from each member every month. In addition they will get levy of Rs.3000/ from each member in lieu of bipartite settlement signed on 27th April 2010. Members are happy or not, that is immaterial.
I think total accumulated fund of Officers Association in various banks will grow to hundreds of crores of rupees. This fund is not only enough to meet the usual traveling and staying expenses incurred by union leaders for various issues but also more than enough to meet even entire salaries of all union leaders.
As a matter of fact union leaders are more often than not, busy in union matters and hence they hardly do any work for the branch or office they are posted. It is pity that even officer community in general is not happy with their performance as union leaders. On the contrary their actual energy is lost in saving bad officers and seldom used for any gain for honest workers or for any relief to those honest officers who have been arbitrarily posted in critical areas or rejected in promotion processes due to ill motive of executives. They have failed in giving relief to officers who have been made scapegoat for fraud and irregular credit committed by corrupt officers.
In such position I am of the opinion that these union leaders should be removed from muster roll of the bank and bank should stop paying salary to these leaders. Instead such leaders should be professionally trained to serve the interest of officers who are associated with the union and they should be paid by their parent Union itself. In this way bank will save crores of rupees which are paid as salaries and perquisites to these non performing officers. Bank can use this saved money in creation of new jobs for hundreds and thousands of young unemployed persons. Besides, removing from bank’s duty, union leaders will have full time to think about their members. Since these leaders do only union activities, it will be right from all angle of consideration that their salary should be paid by union fund only.
In case officers do not agree to this proposal or they apprehend that their interest by outsiders will be jeopardized ,they should solemnly declare and take oath that they would not nominate any retired officer as their union leader in future and make best efforts to replace retired officers serving as union leaders with officers who are in service. Because leaders who are no more in service cannot fight seriously and devotedly for better interest of serving employees, rather they look into avenues to cheat serving employees and give maximum benefit to those who have either retired or resigned or removed from the bank. Latest settlement is the ideal example for such sorry state of affairs prevailing in Bank and pitiable position of officers compared to other employees working in Central Government offices or PSUs.
In addition to this they should be made accountable and punishable for any lapse on union activities and their performance should be judged by a group of hundred officers who are actively working in the bank. Expenses incurred by union leaders should be fully scrutinized by a team of at least ten Chartered Accountants and the certified balance sheet of union fund should be circulated among all members. Officer should also appoint some legal experts in each district or at least in state capitals to stop injustice perpetuated by bank management only because they know judicial proceedings in India is too costly and too much cumbersome and time consuming that one is constrained to bear with injustice.
Leaders will then learn a lesson, understand the importance of their role and at least not repeat the history of committing blunder of signing a agreement of wage revision which has instead of solving problems of their poorly paid members has created so many anomalies and tried its best to divide officers community by accepting various discriminatory rules like recovery from PF optees (leaving pension optees), causing loss to VRS optees, resignees, family pension takers, fitment of officers at the state of Rs23520 in scale III and that in scale IV at the same stage and so on. Not only this, many clerks will get better arrear due to this latest settlement compared to officers in junior or middle management. There is no Stagnation in any increment of Central Government employees in ay cadre as per latest Pay Commission Report, but it continues to deprive senior office of annual increment for none of their fault.
If we talk of other issues, it is worthwhile to mention here that management in collusion with violating even their transfer policies, misusing policy meant for rural posting framed by Government of India, misusing policy for posting in North East region, giving promotion to corrupt and flatter officers taking advantage of Interview marks (which an interviewer can give whimsically to make or mar the career of an officer of his choice) Union leaders is silent spectator of torturous treatment given to good officers who are real performers but who do not have time to flatter executives and provide costly gifts to their bosses.
There are thousands of officers who have been continuously working in villages, officers in Non Metros are transferred frequently form one region to other, one state to other and even one zone to other whereas officers posted in Metros are seldom transferred out of their parent state. There is a policy that upto scale III officers will not be transferred out of region but this policy is violated frequently and union leaders remain silent spectators.
There is a policy that an officer cannot work in a region for ten years continuously, management allows many to continue or adjust them back in the same place after giving a formal break of one month outside the state. Is this not enough to prove that there is reign of injustice under the umbrella of union leaders?
Banks are performing better and better despite man power constraints but the real fruits of this growth are hardly shared with junior officers who work hard day and night for the growth.
Reign of injustice prevailing in banking industry at all levels is due to the fact that union leaders are working in nexus with senior officers managing the affairs of the bank. Union leaders are more or less second side of the same coin which is known as that of management. Union leaders and higher executives in bank management are jointly looting the banking industry (there may be some exceptions)and hence they support each other's misdeeds. They jointly harass and humiliate an officer who opposes irregularities and ill works of bosses.
Munsi Prem Chand told, “Jab rakchak hi bhakchak ban jaye to nash nishchit hai” i.e. when protectors become damagers, destruction is unavoidable. And the perpetuation of reign of injustice is possible only because our legal system is not that much effective and quick as it should be. There is no fear in the mind of evil doers who are sitting at the helm of affairs. They do not fear police, they do not fear court cases because they know very well that they, by dint of money power can manage judges, and they can manage advocates and politicians. They know very well that that court will not be able to deliver justice even in two or three decades. This is why whimsical posting, transfers and promotion are taking place in banking industry without any sign of protest from so called union leaders. This is why IBA got success in committing day light robbery of bank employees Entire team of union leaders were silent spectators when Draupdi (bank employees) was facing chirharan in the hands of Kaurav team lead by Duryodhan( IBA I,e, Management)
As such, we have to first ascertain who are our well wisher and who are stabbing us in the back, who are our friends and who are black sheep. We have to distinguish between flatterer and real worker, we have to give respect to those who are working sincerely for us and we should have courage to condemn those who are beating us from the back. Who will save our life, our career, our pay scale, our status and dignity in the community of workers when our union leaders also talk of management's language, when they threaten of harsh action, when they are also trying to vacate the stay granted by Madras High court on recovery from PF optees?
Danendra Jain
I think total accumulated fund of Officers Association in various banks will grow to hundreds of crores of rupees. This fund is not only enough to meet the usual traveling and staying expenses incurred by union leaders for various issues but also more than enough to meet even entire salaries of all union leaders.
As a matter of fact union leaders are more often than not, busy in union matters and hence they hardly do any work for the branch or office they are posted. It is pity that even officer community in general is not happy with their performance as union leaders. On the contrary their actual energy is lost in saving bad officers and seldom used for any gain for honest workers or for any relief to those honest officers who have been arbitrarily posted in critical areas or rejected in promotion processes due to ill motive of executives. They have failed in giving relief to officers who have been made scapegoat for fraud and irregular credit committed by corrupt officers.
In such position I am of the opinion that these union leaders should be removed from muster roll of the bank and bank should stop paying salary to these leaders. Instead such leaders should be professionally trained to serve the interest of officers who are associated with the union and they should be paid by their parent Union itself. In this way bank will save crores of rupees which are paid as salaries and perquisites to these non performing officers. Bank can use this saved money in creation of new jobs for hundreds and thousands of young unemployed persons. Besides, removing from bank’s duty, union leaders will have full time to think about their members. Since these leaders do only union activities, it will be right from all angle of consideration that their salary should be paid by union fund only.
In case officers do not agree to this proposal or they apprehend that their interest by outsiders will be jeopardized ,they should solemnly declare and take oath that they would not nominate any retired officer as their union leader in future and make best efforts to replace retired officers serving as union leaders with officers who are in service. Because leaders who are no more in service cannot fight seriously and devotedly for better interest of serving employees, rather they look into avenues to cheat serving employees and give maximum benefit to those who have either retired or resigned or removed from the bank. Latest settlement is the ideal example for such sorry state of affairs prevailing in Bank and pitiable position of officers compared to other employees working in Central Government offices or PSUs.
In addition to this they should be made accountable and punishable for any lapse on union activities and their performance should be judged by a group of hundred officers who are actively working in the bank. Expenses incurred by union leaders should be fully scrutinized by a team of at least ten Chartered Accountants and the certified balance sheet of union fund should be circulated among all members. Officer should also appoint some legal experts in each district or at least in state capitals to stop injustice perpetuated by bank management only because they know judicial proceedings in India is too costly and too much cumbersome and time consuming that one is constrained to bear with injustice.
Leaders will then learn a lesson, understand the importance of their role and at least not repeat the history of committing blunder of signing a agreement of wage revision which has instead of solving problems of their poorly paid members has created so many anomalies and tried its best to divide officers community by accepting various discriminatory rules like recovery from PF optees (leaving pension optees), causing loss to VRS optees, resignees, family pension takers, fitment of officers at the state of Rs23520 in scale III and that in scale IV at the same stage and so on. Not only this, many clerks will get better arrear due to this latest settlement compared to officers in junior or middle management. There is no Stagnation in any increment of Central Government employees in ay cadre as per latest Pay Commission Report, but it continues to deprive senior office of annual increment for none of their fault.
If we talk of other issues, it is worthwhile to mention here that management in collusion with violating even their transfer policies, misusing policy meant for rural posting framed by Government of India, misusing policy for posting in North East region, giving promotion to corrupt and flatter officers taking advantage of Interview marks (which an interviewer can give whimsically to make or mar the career of an officer of his choice) Union leaders is silent spectator of torturous treatment given to good officers who are real performers but who do not have time to flatter executives and provide costly gifts to their bosses.
There are thousands of officers who have been continuously working in villages, officers in Non Metros are transferred frequently form one region to other, one state to other and even one zone to other whereas officers posted in Metros are seldom transferred out of their parent state. There is a policy that upto scale III officers will not be transferred out of region but this policy is violated frequently and union leaders remain silent spectators.
There is a policy that an officer cannot work in a region for ten years continuously, management allows many to continue or adjust them back in the same place after giving a formal break of one month outside the state. Is this not enough to prove that there is reign of injustice under the umbrella of union leaders?
Banks are performing better and better despite man power constraints but the real fruits of this growth are hardly shared with junior officers who work hard day and night for the growth.
Reign of injustice prevailing in banking industry at all levels is due to the fact that union leaders are working in nexus with senior officers managing the affairs of the bank. Union leaders are more or less second side of the same coin which is known as that of management. Union leaders and higher executives in bank management are jointly looting the banking industry (there may be some exceptions)and hence they support each other's misdeeds. They jointly harass and humiliate an officer who opposes irregularities and ill works of bosses.
Munsi Prem Chand told, “Jab rakchak hi bhakchak ban jaye to nash nishchit hai” i.e. when protectors become damagers, destruction is unavoidable. And the perpetuation of reign of injustice is possible only because our legal system is not that much effective and quick as it should be. There is no fear in the mind of evil doers who are sitting at the helm of affairs. They do not fear police, they do not fear court cases because they know very well that they, by dint of money power can manage judges, and they can manage advocates and politicians. They know very well that that court will not be able to deliver justice even in two or three decades. This is why whimsical posting, transfers and promotion are taking place in banking industry without any sign of protest from so called union leaders. This is why IBA got success in committing day light robbery of bank employees Entire team of union leaders were silent spectators when Draupdi (bank employees) was facing chirharan in the hands of Kaurav team lead by Duryodhan( IBA I,e, Management)
As such, we have to first ascertain who are our well wisher and who are stabbing us in the back, who are our friends and who are black sheep. We have to distinguish between flatterer and real worker, we have to give respect to those who are working sincerely for us and we should have courage to condemn those who are beating us from the back. Who will save our life, our career, our pay scale, our status and dignity in the community of workers when our union leaders also talk of management's language, when they threaten of harsh action, when they are also trying to vacate the stay granted by Madras High court on recovery from PF optees?
Danendra Jain
Tuesday, June 8, 2010
Delay in Justice means award to criminals
Rich and influential people delay the proceeding of court as much as possible to avoid decision and eliminate witnesses so that the case may become weak and ineffective. CBI more often than not weaken the presentation of the case when they get enough gifts in either cash or in kinds from the culprit or they get enough pressure from heavy weights ruling the country. In all big cases of political scam or administrative corruption or any scandal two and three decades are wasted in judicial proceedings in a very easy way and in a very casual and normal way. Indian courts usually deliver justice after two three decades. As such Bhopal gas judgment does not appear that much astonishing in India.
No doubt foreigners laugh at Indian style of functioning inall sphere of life. We have seen the fate of Chara scam involving Lalu Ex CM of Bihar , Bofors case involving Rajiv Gandhi, Stamp scandal to the tune of Rs. 35000 crores involving not only Telgi but also many politicians and administrative people, , Sikh riot cases are going on since 1984 and many more similar big cases involving VIPs of the country . suc cases are either languishing in courts for last two and three decades or were actual culprits are acquitted or lightly punished.
Even Law minister shamelessly accepts that the justice is not only delayed but buried. Judgment on Bhopal Gas mishap has made it more crystal clear that any Indian cannot expect justice from Indian court until he has money and muscle power to build pressure on advocates and judges and it is they who have the capacity to mould the decision in their favour and in such heinous task they get full fledged support from politicians, ministers and administrative bosses. Entire talks of judicial reforms going on in political arena for last tho three decades are nothing but Bakwas and it is politicians who are fully responsible for making mockery of Indian democracy as well as judiciary.
It will not be untrue to say about Indian judicial system, that culprits become very happy when a case is lodged against them in any court. Police may be managed with some difficulty and after heavy payments but courts or even CBI people can be managed and judgments can be manipulated in collusion with advocates or heavy weights comparatively easily and more comfortably. Not only this even ruling political party get rid of public protests and hotshots from angry members of opposition parties once they sanction CBI inquiry or lodge FIR in Thana and lodge case in Indian court against any big criminal act or terror act.
Danendra Jain
9th June 2010
No doubt foreigners laugh at Indian style of functioning inall sphere of life. We have seen the fate of Chara scam involving Lalu Ex CM of Bihar , Bofors case involving Rajiv Gandhi, Stamp scandal to the tune of Rs. 35000 crores involving not only Telgi but also many politicians and administrative people, , Sikh riot cases are going on since 1984 and many more similar big cases involving VIPs of the country . suc cases are either languishing in courts for last two and three decades or were actual culprits are acquitted or lightly punished.
Even Law minister shamelessly accepts that the justice is not only delayed but buried. Judgment on Bhopal Gas mishap has made it more crystal clear that any Indian cannot expect justice from Indian court until he has money and muscle power to build pressure on advocates and judges and it is they who have the capacity to mould the decision in their favour and in such heinous task they get full fledged support from politicians, ministers and administrative bosses. Entire talks of judicial reforms going on in political arena for last tho three decades are nothing but Bakwas and it is politicians who are fully responsible for making mockery of Indian democracy as well as judiciary.
It will not be untrue to say about Indian judicial system, that culprits become very happy when a case is lodged against them in any court. Police may be managed with some difficulty and after heavy payments but courts or even CBI people can be managed and judgments can be manipulated in collusion with advocates or heavy weights comparatively easily and more comfortably. Not only this even ruling political party get rid of public protests and hotshots from angry members of opposition parties once they sanction CBI inquiry or lodge FIR in Thana and lodge case in Indian court against any big criminal act or terror act.
Danendra Jain
9th June 2010
Sunday, May 30, 2010
Drama of sibu soren ends in Jharkhand
Politics of Sibu Soren (and his team members), the unfortunate Chief Minister of Unfortunate state Jharkhand has always been to remain in power somehow or the other. He has contributed nothing for tribals in fact. He has done nothing for the state whenever he was in power at state level or at central level .He and his gang men always made efforts to accumulate wealth by extorting money from businessmen, demanding money by vehicles owner passing on the road, or forcefully collecting money from people in service using musclemen of his party. Not only Sibu Soren , even other Chief Ministers and ministers who headed Jharkhand before him and other so called leaders of tribal people of Jharkhand have simply misused tribal sentiments for personal gains. Leaders of Jharkhand mostly indulged in caste politics and almost ignored welfare steps desired to be taken by them as promised by them during election rallies and in their election manifestos.
Otherwise a rich state like Jharkhand after its separation of undivided Bihar could have remained far better than divided Bihar. People in Jharkhand could never imagine that the state of Bihar will attain the prosperity in such a short span of time and leave Jharkhand far behind in the race of development, welfare of local poor residents and improvement of standard of living of people always categorized as the most backward in the country.
I say the people of Jharkhand are unfortunate that despite all mineral resources and lacs of talented people available in the state, people of Jharkhand state are constrained to go to other states for education and also for earning their livelihood. It is unfortunate that even in farming, the state is far behind than the neighboring state Bihar. Nitish Kumar, the Chief Minister of Bihar in particular has turned the image of Bihar and he is proud to get second rank in the matter of development .Nitish Kumar has become an icon to reckon with at national level. On the contrary Jharkhand have been ruined by Chief Minster like Madhu Koda or Sibu Soren. But Personal property of all ministers have grown in hundreds of crores of rupees.
The main reason behind continued backwardness of the state and increasing poverty in the state is large scale corruption prevailing in the system. Unfortunately almost all leaders who ruled the state after its birth looted the state fund to the maximum extent possible. Administrative officers either supported ministers in perpetuating corruption or remained silent spectator in fear of repercussion in their career as also in their personal life. In a state where flattery and bribe are the main criteria for promotion in career in service or position up gradation in politics or for getting success in any business, one cannot even dream of actual development. More or less the same situation prevails all where in the country, but the position of Jharkhand state tops the list of states in this aspect. Central government is also silent spectator of all these mishappenings only to gain political advantage out of mess created by corrupt leaders of local parties and to keep Bhartiya Janta Party away from power. Ultimately people of the state have remained the sufferer and victim of misrule.
Danendra Jain
31st May 2010
Otherwise a rich state like Jharkhand after its separation of undivided Bihar could have remained far better than divided Bihar. People in Jharkhand could never imagine that the state of Bihar will attain the prosperity in such a short span of time and leave Jharkhand far behind in the race of development, welfare of local poor residents and improvement of standard of living of people always categorized as the most backward in the country.
I say the people of Jharkhand are unfortunate that despite all mineral resources and lacs of talented people available in the state, people of Jharkhand state are constrained to go to other states for education and also for earning their livelihood. It is unfortunate that even in farming, the state is far behind than the neighboring state Bihar. Nitish Kumar, the Chief Minister of Bihar in particular has turned the image of Bihar and he is proud to get second rank in the matter of development .Nitish Kumar has become an icon to reckon with at national level. On the contrary Jharkhand have been ruined by Chief Minster like Madhu Koda or Sibu Soren. But Personal property of all ministers have grown in hundreds of crores of rupees.
The main reason behind continued backwardness of the state and increasing poverty in the state is large scale corruption prevailing in the system. Unfortunately almost all leaders who ruled the state after its birth looted the state fund to the maximum extent possible. Administrative officers either supported ministers in perpetuating corruption or remained silent spectator in fear of repercussion in their career as also in their personal life. In a state where flattery and bribe are the main criteria for promotion in career in service or position up gradation in politics or for getting success in any business, one cannot even dream of actual development. More or less the same situation prevails all where in the country, but the position of Jharkhand state tops the list of states in this aspect. Central government is also silent spectator of all these mishappenings only to gain political advantage out of mess created by corrupt leaders of local parties and to keep Bhartiya Janta Party away from power. Ultimately people of the state have remained the sufferer and victim of misrule.
Danendra Jain
31st May 2010
Saturday, March 27, 2010
The Great Abhitabh Bachhan
Congress party is a party of flatterers and hence even UPA ( ruling party) headed by Congress party is dominated by those who flatterer the high command and follow her by hook or by crook, even if it is needed to humiliate the person of high repute such as Abhitabh Bachhan. They want Shahrukh Khan, Salman Khan, and Amir Khan to popularize Congress party candidates and enhance their winability in election. Congress Party leaders do not believe in doing work for the area where people voted them to power.
Traditionally it is observed that none in Congress party could ever dare of going against High command in congress Party. This is why Chief Minister of Maharashtra thought it better and beneficial to humiliate even International fame icon Abhitabh Bachhan just to please Sonia. Leaders of Congress party do not hesitate in speaking white lie just to obey the order of high command, right or wrong it may be. Survival of congress party itself depends not on its performance but its opposition to BJP and favour to those who support Muslim line. Abhitabh on the other hand accepted offer of Gujarat CM to become brand ambassador of Tourism in the state of Gujarat. It is not digestible for Congress High Command.
In congress party, none is really interested for image of the country. They therefore do not hesitate to give Bharat Ratna award to disputed figure, Padam Bibhusan award to film hero of lesser fame and lesser popularity etc. Even promotions and posting of IAS and IPS officers, judges, Chairman of various departments and PSUs depends on their degree of flattery to ministers and high command, ant not at all on their merit , talent or performance in their area of operation.
Our country in brief is a country of yes-men and flatterers, not performers.
Even president of India do not have courage to move or even speak against High Command. Even letters written to field level juniors to top level President of India are formally accepted and thrown in dustbin if the contents of the same go against the desire of High Command. Even media people worship those who are in power. Therefore it is not unjustified to say that India is a country of yes-men and flatterers.
danendra jain
ganaraj choumuhani
agartala
28.03.2010
Traditionally it is observed that none in Congress party could ever dare of going against High command in congress Party. This is why Chief Minister of Maharashtra thought it better and beneficial to humiliate even International fame icon Abhitabh Bachhan just to please Sonia. Leaders of Congress party do not hesitate in speaking white lie just to obey the order of high command, right or wrong it may be. Survival of congress party itself depends not on its performance but its opposition to BJP and favour to those who support Muslim line. Abhitabh on the other hand accepted offer of Gujarat CM to become brand ambassador of Tourism in the state of Gujarat. It is not digestible for Congress High Command.
In congress party, none is really interested for image of the country. They therefore do not hesitate to give Bharat Ratna award to disputed figure, Padam Bibhusan award to film hero of lesser fame and lesser popularity etc. Even promotions and posting of IAS and IPS officers, judges, Chairman of various departments and PSUs depends on their degree of flattery to ministers and high command, ant not at all on their merit , talent or performance in their area of operation.
Our country in brief is a country of yes-men and flatterers, not performers.
Even president of India do not have courage to move or even speak against High Command. Even letters written to field level juniors to top level President of India are formally accepted and thrown in dustbin if the contents of the same go against the desire of High Command. Even media people worship those who are in power. Therefore it is not unjustified to say that India is a country of yes-men and flatterers.
danendra jain
ganaraj choumuhani
agartala
28.03.2010
Tuesday, March 23, 2010
IPL for commonmen or luxary of Rich people
IPK Kochi team and Pune team sold at Rs3200/crores.
Can you imagine total value of IPL team and total turnover involved?
Can you imagine the total loss government has to incur in organization of game?
Can Government stop this and ask the team buyers to invest the same amount for poor?
Can our government motivate sponsors of IPL to invest their money in public investment to create more and more job opportunities?
Why doesn’t government stop expenses in providing security and other infrastructure maintenance?
In a country where majority of population is unable to earn even bread and butter for survival, it is justified to spoil so many amounts on IPL and allow dirty politicians to focus on such avoidable costly game at the cost of poor Indians?
Can we not learn lessons from other developed countries like USA, UK, France, China, Japan, and Germany who are not participating in such costly games and concentrating on the development of their country?
Can a poor country like India afford expenses on such game or common wealth game where poverty is spreading like cancer?
Can you imagine the indirect loss caused to nation by those who spoil his precious time in watching game on TV?
Is present UPA government serving the interest of Common men through IPL?
http://in.linkedin.com/in/danendra
Can you imagine total value of IPL team and total turnover involved?
Can you imagine the total loss government has to incur in organization of game?
Can Government stop this and ask the team buyers to invest the same amount for poor?
Can our government motivate sponsors of IPL to invest their money in public investment to create more and more job opportunities?
Why doesn’t government stop expenses in providing security and other infrastructure maintenance?
In a country where majority of population is unable to earn even bread and butter for survival, it is justified to spoil so many amounts on IPL and allow dirty politicians to focus on such avoidable costly game at the cost of poor Indians?
Can we not learn lessons from other developed countries like USA, UK, France, China, Japan, and Germany who are not participating in such costly games and concentrating on the development of their country?
Can a poor country like India afford expenses on such game or common wealth game where poverty is spreading like cancer?
Can you imagine the indirect loss caused to nation by those who spoil his precious time in watching game on TV?
Is present UPA government serving the interest of Common men through IPL?
http://in.linkedin.com/in/danendra
Saturday, March 20, 2010
Pan India new private banks
I think Finance Minister, heads of banks,IBA and others who are asking for more and more banks have ignored the bitter experience banks faced when they opened numerous branches in order to implement Service Area Approach introduced in 1976 with a motto to make bank accessible in all villages having a population of 10000. Accelerated expansion of banking network took place from 76 to 96 and banks realized that many branches turned unviable and unsustainable. They converted many branches into satellite branches or shifted their location or finally closed the same. Banks are committing the same blunder by opting for unmanageable expansion of their network to increase the business. To add fuel to fire Finance Minister or RBI are advising for opening of more and more banks , local banks or PAN India banks.
What is the utility of bank in villages when they have got no money to park with? Villagers are starving and begging. There is no water, no electricity , no opportunity for getting job, no good school, no good hospital for medical care, no arrangement for proper security and no infrastructure in most of the villages , but there will a bank perhaps for delivery of various aids and subsidies to be directly delivered in the hands of villages through No Frill Accounts . Common men are crying for bread to eat and cloth to bear. Wherefrom will they bring money to bank with. They need money and not only no frill accounts for which RBI has been crying since long.
If Government feel that network of 65000 branches (including PSU banks, private banks, rural banks, cooperative banks, foreign banks) is not enough, they should convert all post offices numbering more than a lac in India into bank instead of opting for more and more local banks or pan India banks proposed by Finance Minister . Post officers are already in process of technological up gradation. When post offices in India become active on CBS platform , they will be able to start banking with comfort and they are available in all nook and corners of the country and they covers most of the villages in the country.
There is no need of opening new banks, there is rather need to consolidate the existing banks, post offices, on banking financial companies, insurance companies, share broking companies and financial institutions. There is urgent need to stop irregularities, mal practices, corruption and fraudulent activities prevalent in these institutes. . There is need to punish those companies who are swindling away money of poor people in villages by promising exorbitant interest. There is needed to make existing banks more active, efficient and honest. Numerous non banking finance companies are working in almost all towns to cheat money from common men and fly away in short span of time .RBI needs to stop such rape of common men.
In brief I can say that existing financial system is almost beyond the control of RBI and there is large scale cheating going on in the country. When media unearth any story of cheating by bank or NBCC, RBI or government of India comes into action that too for a day or two, institutes a committee to look into it and then forget. This is the painful story of RBI monitoring or that of government control.
This is why we frequently comes across incident of NBCC or cooperative bank or rural banks shutting their door or the head of such financial companies absconding from the town leaving behind thousands of investors weeping and crying
What is the utility of bank in villages when they have got no money to park with? Villagers are starving and begging. There is no water, no electricity , no opportunity for getting job, no good school, no good hospital for medical care, no arrangement for proper security and no infrastructure in most of the villages , but there will a bank perhaps for delivery of various aids and subsidies to be directly delivered in the hands of villages through No Frill Accounts . Common men are crying for bread to eat and cloth to bear. Wherefrom will they bring money to bank with. They need money and not only no frill accounts for which RBI has been crying since long.
If Government feel that network of 65000 branches (including PSU banks, private banks, rural banks, cooperative banks, foreign banks) is not enough, they should convert all post offices numbering more than a lac in India into bank instead of opting for more and more local banks or pan India banks proposed by Finance Minister . Post officers are already in process of technological up gradation. When post offices in India become active on CBS platform , they will be able to start banking with comfort and they are available in all nook and corners of the country and they covers most of the villages in the country.
There is no need of opening new banks, there is rather need to consolidate the existing banks, post offices, on banking financial companies, insurance companies, share broking companies and financial institutions. There is urgent need to stop irregularities, mal practices, corruption and fraudulent activities prevalent in these institutes. . There is need to punish those companies who are swindling away money of poor people in villages by promising exorbitant interest. There is needed to make existing banks more active, efficient and honest. Numerous non banking finance companies are working in almost all towns to cheat money from common men and fly away in short span of time .RBI needs to stop such rape of common men.
In brief I can say that existing financial system is almost beyond the control of RBI and there is large scale cheating going on in the country. When media unearth any story of cheating by bank or NBCC, RBI or government of India comes into action that too for a day or two, institutes a committee to look into it and then forget. This is the painful story of RBI monitoring or that of government control.
This is why we frequently comes across incident of NBCC or cooperative bank or rural banks shutting their door or the head of such financial companies absconding from the town leaving behind thousands of investors weeping and crying
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