Why foreign ambassador for Ayurveda when Indian can do magnificent road show for Yoga?

There are reports that the Kerala Government has taken a decision to appoint  Steffi Graf as the brand ambassador for its Ayurvedic Tourism promotions. The Government’s plan is to promote Ayurveda among foreign tourists as a route to sustain health and youthfulness along with improving the financial health of the State from the weakness created by the ban on liquor.

Whatever may be the case, my question is why Kerala Government has to go to a foreign country for an ambassador for promoting an Indian system of medicine. We have good ambassadors in India, like the one magnificent road show we have witnessed at Rajpath, New Delhi for promoting Yoga a few days ago.

INDIAN PRIME MINISTER JOINED THE CROWD IN YOGA EVENT - REMINDS ME AN EX- RAILWAY MINISTER

There are many reports that Indian Prime Minister joined the crowd in record-breaking yoga event at Rajpath.

This reminds me the days of Mr. Lallu Prasad Yadav when he was the Railway Minister by introducing so many improvement in railways like introduction of kulad etc.(kulad is a kind of earthen pot used in north India to drink tea etc). He got applauds from may particularly from north India. But where is the kulad now? Main aim is popularity as in the case of cinema field. Before election, main issue was corruption and black money, Swiss bank etc. After election yoga, cleaning… Cleverly diverting the attention of the public from the election promises.

Maharashtra Chief Minister asks criminal proceedings against erring bankers

In a newspaper, recently it was reported that the Maharashtra Chief Minister asked the administration to initiate criminal proceedings against erring staffers of financial institutions for refusing financial aid to farmers in distress. It was also reported that immediately the bank union has condemned the move since it is not binding on a financial institution to disburse loan to a farmer. According to me, both are right in their respective statements.

It is like this. The bank or its employees have two set of standards for giving loans, one for the super-rich defaulters and another for common man who generally repay it. Bank employees are very kind to sanction loans to the super rich which later on become  NPA/BAD LOAN. Only for the second category COMMON MAN they are very strict to sanction the loan. For them, they have rules and regulations and so many other things to be fulfilled - that too they will tell you in piece meal so that finally you would be exhaust running after them and finally you may or may not get the loan. 

Our past and present Union Finance Ministers are also very eager to help those banks who created maximum NPAs from the tax collected even from the beggars on the street through the excise duty etc. levied on simple items they use. In this background there is nothing wrong in the request of the Maharashtra Chief Minister. Actually, the NPA creating employees – mostly executives – should be prosecuted for sanctioning such soft loans to the super rich without proper checks and dillydallying even the recovery process. 

ROBBING THE POOR TO FEED THE RICH - THE GOVERNMENT WAY

There is a proposal for Supplementary Demands for Grants in the coming Monsoon Session of the Parliament. From the recent utterances of the Finance Minister, it appears that the major necessity for the fund is to feed the public sector banks who distributed soft loans to the rich and affluent persons who have no history of repayment and know the ways and means to manage the things. For arranging this huge amount to feed the rich, tax rates of petroleum products are already increased that too at a time cost of raw material crude is falling daily. Otherwise, inflation would have been come down to some extend and the poor would have been benefited. Is there any action taken against those people who sucked the blood of the nation by granting such loans as well as by not repaying it? Why the government is silent on the issue. What is the indication of all these? Is it not robbing the poor to feed the rich?

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FINANCE MINISTRY AWARD TO ERRING BANKS

There is a report in various newspapers that the Finance Ministry is likely to finalise additional capital requirement, over and above budget provision of about Rs 8,000 crore, for public sector banks in the next three months. What the report says that Finance Minister Arun Jaitley on Friday had promised more capital infusion into public sector banks, saying there is "merit" in their demand for more funds over and above what was provided in the Budget.

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This issue of additional capital requirement was also supported by the Reserve Bank of India in view of mounting NPA/BAD LOANS.

In this background, I have few questions to both the Finance Minister/Ministry and to the Reserve bank of India:

To the Finance Minister/Ministry:

1.       Is this a bonus or award to the scam tainted NPA/BAD LOAN banks for giving soft loans to affluent people whereas non influential people who do not know the art of greasing the palms are not able to get even petty educational loans to their children?

2.        Have you initiated any ‘EFFECTIVE’ action against the defaulters and the NPA sanctioning Top Executives of banks?

3.       If it is a common man, what you would have done if a few instalments are not paid in time?

4.       Why don’t you freeze the dividend of these scam tainted banks till the NPA is wiped out, instead of burdening the taxpayers?

To the RESERVE BANK OF INDIA:

1.       What is your real function? Simply to report the NPA figures or to take ‘EFFECTIVE’ steps to prevent it?

2.        What is the work done by your Inspection teams after going to the different banks for inspection purpose? Just to confirm the NPA figures reported or to check the adequacy of the security and the creditworthiness.

3.       Is it possible that on a fine morning loans are becoming NPA or is it with the active support from the lender bank officials and the inspecting RBI officials?

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A COMMENT ON THE FINANCE MINISTERS REMARK ON INDIRECT TAX REVENUE.

This is a comment on the Finance Ministers remark on Indirect Tax Collection. Press release dated 12/06/2015 quoted in the end.

Indirect Taxes are not collected directly by the department. It is the voluntary payment of public through the shopkeepers etc. like sales tax, excise duty etc. If the Finance Minister really reviewed the performance, he should ask the department how much the departments directly collected. Actually, what he should have done is how much collection is directly related to the efforts of the department such as how much evaded tax was brought to book (actual, not bogus collections refunded later). If there is no considerable collection, he should then ask them what they are in the department. For example the increase in collection what he pointed out is mainly due to the increase of tax in petroleum products for which the tax money is paid by the public when they purchase it from the petrol pump. It is really a great wonder/joke of the WORLD when the actual price of the petroleum products are decreased internationally, tax collection is more by increasing the tax rate arbitrarily and taking credit for it. Really wonderful.

"INDIRECT TAX REVENUE (PROVISIONAL) COLLECTIONS INCREASE FROM RS. 36,408 CRORE IN MAY 2014 TO RS. 49,993 CRORE DURING MAY 2015; AN INCREASE OF 37.3 % REGISTERED DURING THE MONTH OF MAY 2015 OVER THE CORRESPONDING PERIOD IN THE PREVIOUS YEAR; CENTRAL EXCISE COLLECTIONS REGISTERED AN INCREASE OF 84.2%; CUSTOMS COLLECTIONS REGISTERED AN INCREASE OF 16% WHILE SERVICE TAX COLLECTIONS REGISTERED AN INCREASE OF 13.2% DURING THE SAME PERIOD; FM: THE UNDERLYING MOMENTUM IN THE ECONOMY IS IMPROVING ACROSS ALL SECTORS INCLUDING MANUFACTURING AS REFLECTED IN HEALTHY EXCISE COLLECTIONS DURING THE FIRST TWO MONTHS OF THE CURRENT FINANCIAL YEAR 2015-16. 

Responding to the indirect tax collection figures, the Union Finance Minister Shri Arun Jaitley said that the these indirect tax collections reflect in part the effect of the additional measures taken by the Central Government including the Central Excise increase on diesel and petrol, increase in clean energy cess, and the withdrawal of exemptions for motor vehicles and consumer durables. He said that even after taking-out the impact of these additional measures, indirect tax collections have shown an increase of 16.9% in May 2015 over May 2014; and by 12.6% for the two month period April-May 2015 over the same period last year i.e. April- May 2014. 

The Union Finance Minister Shri Arun Jaitley further said that the underlying momentum in the economy is improving across all sectors including manufacturing as reflected in healthy Excise collections during the first two months of the Current Financial Year 2015-16". 

For full text of the report, go to link:

http://www.finmin.nic.in/press_room/2015/IndirectTaxCollectionsforMay2015.pdf

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COMPENSATION and FREE TREATMENT to ACID ATTACK VICTIMS

SUMMERY OF THE SUPREME COURT OF INDIA O R D E R

The provisional figures for 2014 indicate that there were 282 acid attacks in all the States. The majority of acid attacks were in the States of Uttar Pradesh (185), Madhya Pradesh (53) and Gujarat (11)… U.T. Delhi 27.

In spite of the directions given by the Court in Laxmi Vs. Union of India [(2014) 4 SCC 427], the minimum compensation of Rs.3,00,000/- (Rupees three lakhs only) per acid attack victim has not been fixed in some of the States/Union Territories. The Court suggested that the Member Secretary of the State Legal Services Authority should take up the issue with the State Government so that the orders passed by the Court are complied with and a minimum of Rs.3,00,000/- (Rupees three lakhs only) is made available to each victim of acid attack.

Court also directed that the Member Secretary of the State Legal Services Authority to obtain a copy of the Victim Compensation Scheme from the concerned State/Union Territory and to give it wide and adequate publicity in the State/Union Territory so that each acid attack victim in the States/Union Territories can take the benefit of the Victim Compensation Scheme.

Court also issued a direction that the hospital, where the victim of an acid attack is first treated, should give a certificate that the individual is a victim of an acid attack. This certificate can be utilized by the victim for treatment and reconstructive surgeries or any other scheme that the victim may be entitled to with the State Government or the Union Territory, as the case may be. In the event of any specific complaint against any private hospital or government hospital, the acid attack victim is at liberty to take further action.

With regard to the banning of sale of acid across the counter,  Court directed that the Secretary in the Ministry of Home Affairs and Secretary in the Ministry of Health and Family Welfare to take up the matter with the State Governments/Union Territories to ensure that an appropriate notification to this effect is issued within a period of three months from the date of this Court order.

Therefore, in case of any compensation claim made by any acid attack victim, the matter would be taken up by the District Legal Services Authority, which would include the District Judge and such other co-opted persons who the District Judge feels would be of assistance. This body would function as the Criminal Injuries Compensation Board for all purposes.

The Court also directed that a copy of this order be sent to learned counsel appearing for the Secretary in the Ministry of Home Affairs and the Secretary in the Ministry of Health and Family Welfare for onward transmission and compliance to the Chief Secretary or their counterparts in all the States and Union Territories. The Chief Secretary would ensure that the order is sent to all the District Magistrates and due publicity is given to the order of the Court.

The Court also directed that a  copy of this order should also be sent to the Member Secretary of NALSA for onward transmission and compliance to the Member Secretary of the State Legal Services Authority in all the States and Union Territories. The Member Secretary of the State Legal Services Authority would ensure that it is forwarded to the Member Secretary of each District Legal Services Authority who will ensure that due publicity is given to the order of the Court. 

[Reference: WRIT PETITION (CRL.)NO.129 OF 2006  LAXMI ...PETITIONER   V/S UNION OF INDIA & ORS. ...RESPONDENTS order dated  APRIL 10, 2015].

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