Corruption Archives - Page 2 of 5 - Voice from the rooftop

Stop corporate debt restructuring

Posted on April 5, 2012 by Vincent Augustine D'Souza

There is a conspiracy of silence about money lost to the people of India due to corporate debt restructuring (CDR). TV channels donâ€™t talk about CDR. Companies borrow crores of rupees from banks and financial institutions and when they say they are unable to pay the loan they are referred to CDR cell. Over the years more and more companies have defaulted on payments.

In F. Y. 2009-10, 256 companies defaulted on payment of 1,15,990 crores rupees, 215 of them got CDR for 1,04,299 crores rupees. In F. Y. 2010-11, 305 companies defaulted on payment of 1,41,158 crores rupees, 242 of them got CDR for 1,10,914 crores rupees. In F. Y. 2011-12, 389 companies defaulted on payment of 2,05,692 crores rupees, 286 of them got CDR for 1,50,286 crores rupees. CDR cell rejected requests of 56 companies for CDR of 19,589 crores rupees and decisions on requests of 47 companies for CDR of 35,878 crores rupees are pending. For three years CDR amount is 3,65,438 crore rupees which may go up to 4,01,316 crores rupees.

FIRs against 14 ministers

Posted on March 29, 2012 by Vincent Augustine D'Souza

IAC wants FIRs against 14 ministers. The ministers are P. Chidambaram, Ajit Singh, Farooq Abdullah, G. K. Vasan, Kamal Nath, Kapil Sibal, Sharad Pawar, Sriprakash Jaiswal, Sushilkumar Shinde, Vilasrao Deshmukh, M. K. Alagiri, Virbhadra Singh, S. M. Krishna and Praful Patel.

Kapil Sibal reduced fine on Reliance from 650 crore rupees to 5 crore rupees resulting in a loss of 645 crore rupees to the country. He should reverse his decision or pay 645 crore rupees.

Fight against corruption must continue

Posted on March 22, 2012 by Vincent Augustine D'Souza

India Against Corruption seems to have lost direction and momentum in fight against corruption. IAC wanted a Lokpal Bill. That did not happen. They wanted right to reject and right to recall. Both are unlikely to happen soon. Anna Hazare seems unable or unwilling to lead the agitation. Other members should resume the fight against corruption.

IAC members need not go on indefinite fast. They can go on chain hunger strike. Arvind Kejriwal, Kiran Bedi and Prashant Bhushan can fast for some hours every day. Then Shazia Ilmi, Gaurav Bakshi and Manish Sisodia can take their turn. Then some other people fast. Every day the cycle is repeated. The fight for Lokpal should be separate from fight for Lokayuktas.

Abolish Service Tax

Posted on March 20, 2012 by Vincent Augustine D'Souza

Twenty years ago there was no Service Tax. Constitution was amended and Service Tax was brought in. It began at 5% on some items. Later it went up to 8%, 10% and 12%. After the depression of 2008 it was brought down to 10%. Now it is back to 12%. More items came under Service Tax. Now all items except 17 in the negative list are covered by Service Tax. All Indians pay Service Tax directly or indirectly. Most Indians own mobile phones and they pay Service Tax when they recharge or pay bills.

Lokpal deadline

Posted on December 17, 2011 by Vincent Augustine D'Souza

Where there is will there is a way. If Congress wants to pass a strong Lokpal Bill it can do. If it does not want to pass a strong Lokpal Bill it finds ways avoid it. In that case the passing of Lokpal Bill depends on how strong is the will of people who want a strong Lokpal Bill. If their will is stronger than that of Congress they will succeed. Anna Hazare Group wants Lokpal Bill passed in the winter session of Parliament which gets over on 22/12/2011. Otherwise he will start his indefinite fast on 27/12/2011 and has asked people to fill jails and sit in front of houses of MPs from 1 January 2012 onwards. This time the fast is to be from Azad Maidan where his previous fasts were successful.

Gang of Four

Posted on November 1, 2011 by Vincent Augustine D'Souza

Gang of Four originally meant Jiang Qing, Wang Hongwen, Zhang Chunqiao and Yao Wenyuan who were powerful during the Cultural Revolution (1966-1976) in China. Anna Hazare spoke of Gang of Four in UPA government without mentioning names. One of them is P. Chidambaram. Second is likely to be Kapil Sibal. Who are the other two? Some talk of Digvijay Singh and Manish Tewari but they are not ministers.

Defence purchases

Posted on October 6, 2011 by Vincent Augustine D'Souza

India should have been self-sufficient in all respects of defence. USA, UK, Russia and France sell weapons. In India many years and thousands of crores of rupees were spent on developing main battle tank and light combat aircraft. There was talk of allowing private sector to manufacture what is required for defence but nothing seems to have happened. May be imports are a lucrative way to get bribes, commissions and kickbacks. Foreign companies may be allowed to manufacture warplanes, warships, arms and ammunition in India and India should buy only what is made in India.

CAG and 2G

Posted on October 6, 2011 by Vincent Augustine D'Souza

CAG is a constitutional authority. He is not a servant of the government of the day. If he finds any subordinate not doing his job properly he has the right to overrule him. In judiciary there are various courts but the decision of the Supreme Court is final. It can overrule High Court or other courts. High Court can overrule Sessions Court. In Supreme Court judges on the same bench disagree and judgments are by majority. There is nothing strange about CAG overruling DG.

Sheila Dikshit and CG scam

Posted on October 6, 2011 by Vincent Augustine D'Souza

Why is it that Sheila Dikshit continues as chief minister when there were three occasions when she should have quit? Did she threaten that she would not go down alone but take Manmohan Singh and Sonia Gandhi with her? Did she bribe or threaten BJP members or other politicians? What did she do to silence TV channels about her?

Parliamentary privileges

Posted on August 30, 2011 by Vincent Augustine D'Souza

MPs are free to move privilege motion against anyone including PM. Sometime back BJP had moved a privilege motion against PM. Article 105 of the Constitution does not define the privileges of MPs. It does not say Parliament can send someone to jail. Some MPs want to punish Om Puri and Kiran Bedi for what they said against MPs. MPs say the dignity of Parliament has been violated. Om Puri has issued a qualified apology on TV channels. He said he was offended when Manish Tewari accused Anna Hazare of corruption. Kiran Bedi has stood by her words. She said it was a game changer.

Where is the dignity of Parliament when MPs repeatedly disrupt Parliament? Days pass without doing any work. Sometimes whole sessions are disrupted. Many MPs donâ€™t attend Parliament for most of the days. Foul means are adopted to get majority in Parliament. When there is need of SP, BSP and RJD votes CBI finds no evidence in cases against Mayawati, Mulayam Singh Yadav and Laloo Prasad Yadav. MPs are not to hold offices of profit however they declare them as not offices of profit and hold them.