Dear all

So in the congress v/s BJP 20:20 match with Salman Khurshid and Robert vadera on one side , and Nitin Gadkari on the other side, the first wicket has fallen. It is heard that Nitin Gadkari has offered to resign as the BJP president.

The issue of Mr Gadkari’s firm linked to a massive web of virtual companies and the multitier flow of capital tantamount to money laundering, which is a serious international crime. While the basic question of who funded these fictitious companies and how is Mr Gadkari linked to it is now left to investigation: However the much larger issues are how the investigating arms of the ministry of finance, RBI and ministry of company affairs were not able to track this money flow, if at all it has taken place. Secondly, if this is true, Why and How the BJP and RSS not know about it, but only started defending their leader without an investigation .

Now if at all the allegation is true, then credentials of both the government agencies as well as BJP/RSS combine are in question. The whole issue of probity and offer to resign has come at a stage when the pressure of the facts has come up to Mr Gadkari’s shoulders.

For the BJP on one side they are unable to resolve the leadership issues in the party, and on the other side they show a lack of competence in taking an alternate economic stance in the current economic scene and policy initiatives (read FDI). At this juncture the Gadkari issue is a major challenge and I think BJP is answerable to the nation prior to dreaming a victory in the 2014 elections:

sanyasi

Dear all

Seeing the responce to my write up on Kingfisher, I felt that I should ponder on few pertinent questions. Firstly irrespective of the plight of the airline, Vijay Mallya is going on with his formula one race. He has no remorce in his profligate spending on film starts and parties.
Unfortunately Our country is governed by a bunch of fat cats and their political cronnies. Dont you think a massive social revolution is round the corner? Dont you think that Indias party based parliamentary democracy is becoming a fuedal democracy?

Sanyasi
 

Dear all

 

So today, Kingfisher airlines which captivated us with the slogan flying at good times, is no more. The DGCA has cancelled their flying registration due to its inability to provide safe and sustainable service.

Kingfisher was given an approval to start commercial airline service in 2003, but has now accumulated a loss of over Rs 8000 Crores and debt of Rs 7500 crores. Withdrawal of its 66 aircrafts will create a supply constraint in the aviation industry which will further skew the skyrocketing air travel cost.

The airlines pathetic situation is a result of the profligacy shown by Mr Vijay Mallya . He emulating his international counterpart, Mr Richard Branson of Virgin Atlantic in proclaiming style and luxury and expecting continuous cash flows he started accumulating aircrafts. The burgeoning air fuel prices and ground costs ate into its pockets creating a situation where there was no scope for even paying its employees. Sad to note that the wife of an employee recently committed suicide. The Bankers twisted them to give commitments on loan replenishments and the government did not yield for a stimulus package. In the end the service goes in history.

Who is at loss here? It is the financiers and the general public, but not the entrepreneur. As like any Indian entrepreneur Vijay Mallya took loans and started the service and finally has defaulted. It may be noted that he already runs a successful commercial enterprise through his brewing business which could have been used for the revival of the service.

This case gives the right message to the industry as a whole that entrepreneurship which only relay on external finance but without a dedication and passion for excellence will always fall flat .

So the fair skinned airhostesses with miniskirt brushing aside you in cabin, the red colour pouch with chocolates and earphones are now a thing of the past.

Indeed Kingfisher is grounded at bad times

 Sanyasi:

Dear all

Ashok Khemka IAS, is a  distinguished civil servant . This is  known from the fact that in his 20 years of career he was transferred 43 times. He had the guts to order revaluation of properties dealt by Robert vadera. 

An alumnus of IIT Kharagpur and a PhD in computer engineering in the 90s would have fetched him the most lucrative MNC jobs. His inspiration for public service made him clear the civil services exam and serve the nation. His plight shown  in the national televisions and his perceived threat to life shows the arrogance of our political dispensation. 

At this time when we are ruled by an oligarchy of criminalized politicians , corrupt bureaucrats and their back end corporate, let    us dedicate the day for this efficient brave officer who  is now punished for being upright.

Share this news to safeguard this brave officer:

Sanyasi:

Dear all

Robert Vadera, a nice name to remember is not only a lucky guy but also intelligent. He stuck a deal with DLF and the Haryana government and made bucks. An opportunistic politician found the right time to make it public and launch his party. A humble IAS officer who was the Inspector general of land registration orders and enquiry and he is fired. Don’t you see this tamasha  enacted daily in our national television.  Sometimes I think that are these events a one off event seen during the congress rule or are they a regular one  and part of our socio-political system. The answer is that ,  when there is media freedom and upheaval, these issues gets our attention, but otherwise also it exists. Our country has hundreds of Robert vaderas , but this particular chap is targeted as he is from the ruling family  and a oportunistic and startegic political target.

The issue here is not about catching a thief but about stopping robbery. It is about attitudes and ethics of political and corporate governance, rather than a single event. We debate this a lot, get tired and then go to sleep with out arriving at a solution. When it is unbearable people go to the street and get violent. When our babas started speaking on Lokpal we thought that it would be a solution and we all cheered the movement , but that missile too have now lost its trajectory.

Well we need to now think laterally to an alternate system of governance which iam recommending for a national debate.

1 The political party based elections should be banned. Instead the cabinet should be directly elected by the people of India with sweeping powers. Any citizen of India can be a candidate to be a cabinet minister. The elected cabinet ministers will choose a prime minister or the chief minister as the case may be.

2 Economic offences should invite life imprisonment or death penalty.

3 A special court should be set up parallel to the civil/criminal courts which handles only economic offence .

 

These ideas may seem queer, but just try it and see the difference. Your thougts please..

Sanyasi: