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Tag Archives: Prime Minister

A BIG CONFESSION BOX WITH SEATING CAPACITY ABOVE 500

3 CommentsPosted by on March 9, 2011

Sometimes it seems these days, as if Parliament were a Church, the Speaker as its Head Priest and the Public Address System Microphones embed on desks of Members of Parliament were Confession Box, and probably all who have assembled there are sinners waiting for their chance at Confession Box.

What worth the confession would remain if it fails in bringing turnaround in the value system of the confessor toward Holy Principles and pious way of leading life?

Despite of Confession Chavan still remains the Chief Minister of Maharashtra. Why the investigators from CBI, or any other organ of government discharging similar function, are not interrogating him to unravel the Consideration for which he became a party to misguiding the Prime Minister’s Office, Prime Minister, Home Minister and Leader of Opposition.

Perhaps any individual may agree that this event is no less than Treason to Nation and in eyes of law same is punishable by Life Imprisonment or Capital Punishment. Without trying to take side of any party, it can be inferred that crime, if any, committed by Binayak Sen of lesser degree as compared to this event. Here, efforts were to make a proven corrupt as Chief Officer to take care of corrupt officers and bring them to law of land.

It would had been better if Thomas before taking the Oath as CVC would had made a self confession. As taking oath and then being seated on chair means that he was still going cheat all possible. Yesterday it was Palmolein other day it may have been security of Prime Minister, Leader of Congress, Leader of Opposition or even Nation. He would certainly have prepared a thorough Price List before joining the office.

Perhaps we all have made a habbit of being effort oriented and not result oriented. If the things have to move in right direction, this orientation will have to change.

Always your — As Usual– Saurabh Singh

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Bank on Government’s Social Agenda

Comments Off on Bank on Government’s Social AgendaPosted by on March 4, 2011

It has always been nice to hear the Central Banker of the country talking and favouring financial inclusion despite of tremendous pressure in favour of financial consolidation. Though, this does not down size the importance of Financial Consolidation, looking into type of competition the banks or rather banking sector in locked into.  The prospective change in policy, when it comes to granting license to Banks to operate, towards asking them to commit themselves to Governments’ social agenda of Financial Inclusion is again an august step.

 

Four decades succeeding the bank nationalization, have just succeeded in provide access to banking services to barely 30,000 out of 6 Lakh habitations. This clearly means the huge task that banks still have to complete. Looking into achievements of banks one may infer as if the banks were just paying lip service to governments agenda of financial inclusion.

 

Central Bank, should perhaps consider asking new bankers to have their headquarters located in one of 570000 habitations, which are still facing financial exclusion. As this will automatically initiate what is called as seepage economy at those places and in process will gradually attract more bankers and other stakeholders in the development process there.

 

Due credit goes to the backing given by Prime Minister Manmohan Singh to the Central Banker of the country, which forced even union finance ministry to a bit down on its focus towards financial consolidation. Though finance ministry, still wants to stick to financial consolidation, as Union Finance Minister Pranab Mukherjee could not abstain himself from containing in Financial Bill 2011-12 presented by him in the Parliament on February 28, 2011.

Always Yours–As Usual—Saurabh Singh

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