Thursday, July 21, 2011

Manmohan Singh -Sonia Gandhi -Abduction


Note: My videos on politics and English Grammar can be seen in the  You Tube.





17

ABDUCTION

 The New Indian Express- in its editorial on 29 January 2005- applauded the decision of the Government to disinvest 49% shares of the Public Sector Undertakings (PSUs). It said that the sale of shares to the public and the workers of the enterprise should not make the Left see red.

The VSNL, a privatized PSU, filed a suit in the High Court, Bombay seeking a compensation of Re.2,560.72 crore for premature termination of its international long distance (ILD) monopoly. In this connection, it must be noted that the decision to sell the VSNL itself was an arbitrary one.

The Union Government on 31 January 2005 issued an ordinance to modify past excise rules to recover the arrears of Re.803 crore from the ITC. The ordinance did not give any room to the courts to interfere in this matter. This has the effect of negating the benefits granted to the ITC by the Supreme Court in a recent judgment.
The above decision indicates that the new Government has taken control of the system. The decision shows that the Government could annul any unfaithful action by any competent authority inclusive of the Supreme Court. This is the majesty and might of the Constitution of India.
The decision of the Government must be applauded because it indicates that there is still a way to escape from the predicament.
 It is clear that two forces might have acted in the opposite direction - one force in “good faith’ and another force in “bad faith”. In this matter, the force that acted in good faith might have got the decision in its favour.
It must be noted that even if the Government had ignored the matter, none would have pursued the matter although an outsider cannot gauge the pressure inside the Indian system.
Whatever be the compulsions, the ordinance would not have come out without the permission of Dr. Manmohan Singh, Prime Minister of India.
If such an ordinance could be issued, Manmohan could take back the VSNL and the IPCL as well!
Manmohan also could come forward to set hedges to prevent flight of capital from various states!
He could reserve the seats in the IITs for various states!
He could impose transaction charge also!
On the contrary, if the ordinance were due to the efforts of a small body of committed leaders, they would have to continue their good service to the Nation. 
It must be noted that this writer had pointed out the nature of the judgment to His Excellency the President of India.
However, whether the ITC paid the amount or not was not known until 2011.

On the same day - 31 January 2005 - the Union Government granted permission to the Jet Airways and the Air Sahara to start operating on India –London sector. Thus another pressure group has cemented its position in the political scene. This pressure group would remain quiet only if the Union Government asks the financial institutions to buy their shares worth Re.1/- at a price of say Re.800/-.
Naturally, these two airlines would beat all other airlines in the world with this money.
 Another opportunity of private companies is that they could infuse black money like commissions with their income and show huge profits.
However, it is not to say that that the above air operators have such opportunity. No wonder that the 3 February 2005 issue of the Business Today which hit the stands on 31 January 2005 certified the Civil Aviation Minister, Mr. Praful Patel, as the best aviation minister in a decade!
In this connection, one might argue that the act of granting permission to private parties to run air services is a way to bring out the manipulated money or black money for the progress and development of the Nation. Dr.A.P.J.Abdul Kalam, His Excellency the President of India, alone knows whether it is good or bad.
However, it appears that Manmohan Singh, hereafter, would not ask the financial institutions to buy the shares of these companies, as it would be like abducting children.

Further, there are reports that the Union Government granted permission to invest 5 per cent of the Provident Fund in equities. This appeared as an arbitrary decision as it would lead to flight of capital.
 Foisting concepts and practices alien to the Constitution of India on the people itself is unconstitutional. The Principal reason for the misfortune of Indians is the flight of capital and as such it is a decision taken in bad faith.
The above issue of the Business Today magazine said that the bids for the privatization of Delhi and Mumbai airports were underway and the plans of Bangalore had been finalized but not signed yet. No Union Minister or any other leader has talked about this matter. Surely, the Union Ministers must be unaware of the developments.
Before the media brigands, the Union Ministers are like touring groups. The media brigands are the permanent in the changing Governments.
Thus, the industrialists working in a place in New Delhi took the decisions and it would be placed before the Union Cabinet at an appropriate time to finish the formalities. The only force that stands on their way is the letters of this writer.

Abdul Kalam gave away “Dadasaheb Phalke” award for 2003 for lifelong contribution to movies on 2 February 2005 in a function at New Delhi. He had been permitted to talk for five minutes only.
He said that someone told him that he chose cinema as his career because he believed that he could fight corrupt politicians through cinema world. He wanted all those in the film world to create good political leaders.
The words of Abdul Kalam should have sent shock waves across the system.
Manmohan Singh did not react to the words of Abdul Kalam. However, the people all over India would have guessed the meaning of his words.
In this connection, it must be pointed out that the above speech of Abdul Kalam was telecast live by the public sector TV channel. The other media brigands did not publish his speech. This is their way of oppression. The aim of the media brigands is obvious.
The utterance of Abdul Kalam indicates that he is relentlessly contributing his share to eliminate manipulations subject to his limitations, and that all allegations mentioned in these letters are correct.
Further, the speech indicates that the Government is not living up to his expectations.
 In this connection, it must be noted that there is no limit for the power of the President of India to curb corruption. Actually, a President- free from corruption- wields enormous influence on the system, as it is very difficult for the manipulators and media brigands to visit the Presidential Palace.
 However, it is strange that mega manipulations have been resumed with great vigour to the detriment of 1000 million people.

The New Indian Express on 4 February 2005 came out with an editorial titled “Balance this equation”. It must be noted that this writer is a lecturer in chemistry, which is a subject known for equations.
On the same day, the same paper said that Chief Justice of India R.C. Lahoti was offered the post of a judge in the international Court of Justice, The Hague, with salary and perks amounting to Re.80 lakh per month, tax-free.
 This is, apparently, the answer of the media brigands to the letter No.47 dated 28 January 2005.
Apparently, the media brigands believe that the present Chief Justice of India must be paid a little more for remaining in India. The article gives the impression that the present Chief Justice of India also would function as the legal adviser of the manipulators after his stint in the Supreme Court.
It must be noted that the media brigands were aware of the invitations extended to the Chief Justice of India.

19 people - inclusive of six policemen - were killed in the first phase of election to Haryana, Jharkhand and Bihar. A landmine blasted by Naxalites killed the policemen.

A three judge bench of the Supreme Court comprising Justice Y.K. Sabharwal, Justice D.M.Dharmadhikari and Justice Tarun Chatterji referred a petition filed by Mr. Subramonia Swamy to quash the condition imposed on the CBI in the CVC Act 2003 - to seek prior permission of the Government to proceed against anyone above the rank of Joint Secretary - to a larger Bench.
Actually, corruption in India takes place in the Prime Minister or Union Cabinet Minister level. It is not to say that Manmohan Singh receives any money from anyone directly.
Actually, the manipulators approach the Prime Minister directly or through the bureaucracy, and the Prime Minister grants huge benefits to them presumably to safeguard his position thereby damaging the interest of the whole community. Usually, it takes the form of bulk buying or advancing money from the banks.
The matter was referred to a larger Bench seemingly because Justice Y.K.Sabharwal - who is known for his unfaithful decisions on economic matters - was in the Bench.

The Department of Telecommunication (DoT) on 4 February 2005, informed the Telecom Dispute Settlement Appellate Tribunal (TDSAT) that Reliance Infocom had “deceived” the nation by routing international long distance calls as local calls. It appears that the DoT acted on merits.
However, the refusal of the Government to take back the IPCL indicates that the Government is not very sincere in its approach to contain manipulations. The fact that the Government has used the word “deceived” against Reliance must be noticed. This writer used this word several times although appropriate words would appear harder.

The Economic Times on 5 January 2005 reported that the public issue of Dena Bank was oversubscribed by 12 times. The bank sold eight crore shares of Re.10/-each at a premium of Re.17/-. Thus, despite several letters, the Government sold the shares of a nationalized bank to the people of a few states and sidelined the so-called illiterate people of many other states.
In the above matter, the Union Ministers failed to control the self-interest of Manmohan Singh because a few manipulators would have got a large number of shares insidiously as in the case of the ONGC. An enquiry would reveal this.
One fine morning these manipulators would say that they were holding 49 per cent of the shares of the Dena Bank.
The decision to sell the shares of the Dena Bank was an arbitrary one. Re.27/- was also fixed arbitrarily. Surely, some manipulators must have obtained benefits worth Re. several thousand crore.
None knows whether the nationalized banks advanced money to buy the shares of the Dena Bank to favoured people or not. It is now a day very difficult to eke out such pieces of information.
Anyhow, the Government showed to the world that it was not keen to ensure the welfare of 1000 million people.
In this connection, if the shares had been split equitably among all states, Assam would have got, say, 30 lakh shares. The Government of Assam could have kept the shares for itself or it could have reserved the shares among its various districts to be sold to the people subject to a ceiling. The burden of the Union Government also would have decreased tremendously.
In this way, the Government could have contributed greatly to equality and unity.
This would have enabled everyone in India to envisage each state in India as another Thailand, Japan or Korea.
However, the way in which the shares were actually sold showed that the Government had a purely abstract code to sell the shares. It is not clear whether Abdul Kalam could understand this abstract code or not.
It is not to say that the various Articles of the Constitution of India should always influence all actions of the Union Government. It is only to say that the Union Government should not undermine equality and unity for cornering national assets or to create a few multimillionaires.
It is also only to say that the President of India shall not facilitate this kind of unconstitutional manipulations because the Constitution envisages that the system under him must be free from such manipulations.
Now, the Union Government is utilizing the army and paramilitary forces just to plunder national assets like this.
In fact, the Government is selling the shares by force and ruling the Nation by force.
It is not for the individual conscience to declare what actions are in the National interests and Constitutional.
The Government must always see that the Constitution, the will and the moral conscience of the community are not offended by its decisions.
 The act of selling the shares of the Dena Bank did not benefit the people of Assam in any way.
Thus the Government has hoodwinked the people in naked self-interest, as the good of others is not realized.
It is the paramount duty of the President of India to see that the Union Government does not destabilize the unity of the Nation through the translation of public assets into private assets. By doing so, the President of India is not obeying any individual but the Constitution “to remove the obstacles which prevent men becoming moral”.

Mr. Shekhar Gupta, in a centre page article in The New Indian Express on 5 January 2005 said that privatization as the remedy for all the ills of the Nation. He said that there was practically no opposition or protest across the political system for the increase in the FDI limit in the telecom sector and for the permission granted to private parties to fly overseas.
On the next day, one Miss. Sushila Ravindranath- in a big article in the same newspaper- ascribed the progress and development of the Nation to privatization and the creation of several Multi National Corporations (MNCs).
In this connection, it must be noted that the telephone companies are tapping even private conversations jeopardizing all legally permitted privacies. This writer has reasons to believe that private companies are tapping his conversations although these things could not be proved.
Thus, whether the FDI would be a threat to the security of India or not, it would be a threat to the safety and security of individuals so long as the telecom sector remains in private hands.
 Thus the Government is abdicating its responsibility of protecting the life and security of the people.
Further, there is theory that there exists no money for the large-scale development of India. This cannot be believed because the Government did not tap the resources cited by this writer.
Furthermore, it must be noted that the Union Government is reluctant to hand over telecom sector to the state governments.

The CBI on 5 February 2005, arrested former Director General of Indian Metrological Department, Mr.S.K.Srivastava, for possessing wealth disproportionate to his known sources of income.
Earlier in this month, the CBI had raided many houses all over India in the name of unearthing black money.
 There were reports that the CBI could seize about Re. two crore. The CBI, if it wants, could seize assets worth Re. several thousand crore from four or five big manipulators alone is another matter.

On 7 February 2005, a Mr. Swaminathan -in an article in The Hindu- said that the Budget would be presented on 28 February 2005 as if the entire population consists of conmen, fraudsters and cheats. The words of Green present in the first para of the letter No. 47 dated 28-1-2005 might have prompted him to write like this.
The Economic Times on 8 February 2005 reported that Jet Airways would come out with a public issue to mobilize Re. 7,700 crore.
The decision to come out with a public issue might have been taken by the Jet Airways. However, it might have reached an understanding with Manmohan Singh even before the election. 
Naturally, Manmohan Singh, unless otherwise prevented, would ask the Public Sector Banks and the LIC to advance money to buy the shares of the above company.
This would be like sucking the lifeblood of Indians.
This would lead to economic deprivation of 1000 million people.
This would undermine the Constitution of India.
This would breed militancy.
The army would kill people to contain it.
It is a crime against 1000 million people.
It is a betrayal of the mandate and the Nation.
Thus the Government deprives people of their money by force and controls them by force.
 It is the paramount duty of the President, Judiciary, Human Rights Commission, Vigilance agencies and investigation agencies to restrain the financial institutions from releasing pubic money to buy the shares of the Jet Airways or any other company “above its net asset value” under any principle to uphold the Constitution of India.
This is not to say that the people must be forbidden from buying shares using their hard earned money at all.
The Union Cabinet on 9 February 2005 mandated the petroleum ministry to negotiate with Pakistan, Iran, Bangladesh and Myanmar for constructing cross-country gas pipeline. The decision, even if the advantages were shared between India and Pakistan in the ratio 1:1, would do huge benefit to Pakistan. A rich Pakistan would lead to the migration of people from India to Pakistan for jobs. Similarly, a rich Bangladesh might weaken the foreign national issue in Assam.

The dreaded gangster Vicky Thakur, prime accused in the kidnapping of the student Kisly Gupta, which sparked off public outrage was killed in an encounter with the police at Patna on 9 January 2005.
It must be noted that those who are not intelligent enough to abduct money from the banking system, indulge in kidnapping children.
 Manmohan Singh, on 11 February 2005, described law and order as a state subject.
On the same day- talking to media persons at Bangalore - he said that Delhi, Mumbai and Bangalore were the political, financial and information technology capitals respectively of India.
On 12 February 2005, Manmohan Singh said that there was no threat to the stability of his Government. Apparently, the system is not tolerating mega manipulations and that the Union Ministers refuse to stand by the Prime Minister.
On the same day, Manmohan Singh ascribed corruption to over-regulation.
In this connection, it must be noted that petrol pumps were distributed through over 700 Members of Parliament (MPs). Today, the same are being distributed through a handful of people. They simply abduct money for granting petrol pumps. Can anyone believe that Manmohan Singh does not know this? Is this the meaning of deregulation?
Again on the same day, Manmohan Singh said that no political party in India was free from black money. The Hindu reported it on 13 February 2005.
The above words are reminiscent of the words of Justice Baruach, former Chief Justice of India, who after receiving the first few letters from this writer said that 20 per cent of the learned judges were corrupt. He covered up his guilt through that statement.
Today, Manmohan Singh is covering up his guilt by saying that all political leaders receive black money.
The people would think that Manmohan Singh alone is immaculate and virtuous as he had been a teacher and bureaucrat, and not a pure politician.
In fact, all those who have not seen these letters would think that all political leaders in India minus Manmohan Singh are corrupt as they constantly receive black money.
 The disclosure of Manmohan Singh shows that he is fighting tooth and nail for his survival.
It is clear that Manmohan Singh belittles the dignity of the political leaders to boost his own image.
 In this connection, it may be pointed out that black money holders knock at the doors of all political parties during election time as if they were the sympathizers of their party.
 However, the crucial question is whether the political leaders see reason and change the society or not. Surely, they see reason and bring social and economic change. Thus:
1.     Mr. Vajpayee, former Prime Minister of India, imposed service charges.
2.     The interest rates lowered and loans rescheduled.
3.     Hundreds of decisions on privatization reversed and several PSUs saved.
4.     The leaders ignored the dictates of the black money holders during the recent Presidential election
5.     The former Chief Justice of India was prevented from hearing the BPCL-HPCL appeal case.
6.     The present Government has started several peace moves, and abandoned a few privatization moves.
               The list goes endlessly.
       However, a quintessence is Vajpayee.
 Thus, after the VSNL episode, he did not oblige any large-scale manipulations.
     Surely, a few manipulations did take place to his discomfiture because a leader of the media brigands tormented him incessantly.
     However, this writer could discern that he understood the meaning of every letter sent to the President of India and, based on the letters, made several corrections in his approach to the problems before him.
      The banks apparently refused to advance money for giant manipulations mainly because of his instructions. Otherwise, TCS would have come out with the public issue during his tenure.
Further, usually, the Prime Ministers do not rescind Cabinet decisions even if the political parties and the people launch hundreds of agitations. However, he ignored several decisions of the Union Cabinet on privatization because of these letters.

The Business Line on 14 February 2005 reported that the Tata group won the bid to acquire 26 percent stake in South Africa’s Second Network operator (SNO). On 17 February 2005 the same paper reported that that Tata bought Singapore’s Natsteel Ltd for $ 364.8 million. As said earlier, Tata is subjugating the world! Those who keep the shares of Tata would definitely welcome it. In fact, everyone could welcome it.
However, with which money Tata is buying the assets abroad? Is this the money mobilized through the public issue of the TCS?  Does Manmohan Singh misuse his official position to siphon off money from the Indian Banks to other countries?
The action of Manmohan Singh would not result in the realization of the dream of all others. Thus, he has offended the Constitution and the community at large.
It is an offence. This writer is not free to use the appropriate word for this. This is not to say that Tata should not take the money of his shareholders, who spent money from their pocket. This is only to say that public money should not have been advanced to buy the shares.
Further, the Constitution does not permit the Government to buy shares above its net asset value because buying anything over that value would be arbitrary.
The Union Minister for Rural Development, Mr. Gulam Nabi Azad on 16 February 2005 said that there was no threat to the stability of the Union Government.
Mr. P. Chithambaram, Home Minister, on the same day said that he was prepared to talk to any militant groups to solve their problem.
He, further, said that a new Commission would examine the Centre –State relations and devolution of powers.
In this connection, it must be noted that many problems in India would disappear if everybody renounced the ambition to usurp the “assets and seats” of others. If the banks were directed to seek the permission of the Chief Ministers before removing money from various States, a new Nation would emerge. A simple notification alone is sufficient.
The body of a 16-year schoolboy was found on a field near Hoshiarpur (Punjab) on 15 February 2005, a day after kidnappers abducted him. Parents alone know the pain. Manmohan Singh considers this as a state problem.
 However, prosperity or otherwise of the state is determined by the Union Government.
 It must be noted that those who do not know manipulations alone abduct children. If there were some people to teach the technique to abduct money from the banks, abduction of children might cease.
This is not to say that all killings would cease the moment the manipulations cease. This is only to say that those intelligent people who abduct money from the banks are committing a similar crime.

India and Pakistan on 16 signed an agreement at Islamabad to allow travel across the Line of Control (LoC) by bus between Srinagar, and Muzaffarabad from April 7 by adopting an entry permit system for bonafide citizens. This is a momentous experimental decision whatever be the consequences.
The Government might have done this even without the letters from this writer. However, none would deny that the letter no 41 onwards particularly the point No.7 in letter No. 44 dated 20-11-2004 changed the perception of the Government towards the peace talks. The letter transformed the foe into friend. Naturally, it prompted a former Finance Minister to question the necessity of fencing the border. Thus, this day must be one of the happiest days of this writer. Thus, the Nobel Peace Prize cannot be far away from this writer. Many would have come forward to nominate this writer, if the media brigands had published the letters or at least informed the existence of these letters is another matter.
A bench of the Supreme Court comprising Justice N.Santosh Hegde, Justice P.K.Balasubramonium and Justice Tarun Chatterjee expressed their inability to hear a petition filed by the dismissed Goa Chief Minister on the ground that the Chief Justice was on leave. They said that it was the procedural rule that the cases involving the VIPs would be heard only by the Chief Justice.
 In this connection it must be noted that the President of India might have forwarded the copies of the letters of this writer to the learned judges of the Supreme Court and High Courts.
The editorial of The New Indian Express on 17 February 2005 deplored the inability of the Group of Ministers, which met on 14 February 2005, to privatize the Mumbai and Delhi airports.
Earlier, The Business Line on 3 February 2005 informed that a decision for the privatization of these airports would be over by this month.
Obviously, a body of Union Ministers succeeded in controlling the self-interest of Manmohan Singh citing, perhaps, the Constitution of India. No wonder that the forces supporting him are bound to weaken further. The latter developments disproved this conclusion.
 However, The Business Line on the same day said that the Government would trim holding in all public sector banks to 51%.
In this connection, it must be stated that these shares will go into the hands of some manipulators as in the case of the shares of the ONGC. Some banks would sell shares and some others would advance money to buy the shares. The CBI and the CVC could watch if they want. No wonder, that the wealth of the manipulators is not a function of their industry and hard work but a function of the deposits in the banks.
A son would give money to his father only up to his marriage. But most of the savings of 1000 million Indians go into the hands of about a hundred manipulators! While all the rest are asked to take loan from banks, Manmohan Singh is broad minded enough to give money to a few in the name buying shares! That too to translate into assets abroad at a time of tsunami!
Due to these disquieting developments the letter No.48 was sent on 18 February 2005  through email to His Excellency the President of India extending a copy each to the CBI, CVC and the NHRC.
  
          From
V.SABARIMUTHU
Thattankonam
 Vellicode
 Mulagumoodu 629167
To
His Excellency the President of India
Presidential Palace
 New Delhi
Your Excellency
          Kindly consider how the manipulators suck the lifeblood of 1000 million people by force and control them by force.
1.       An industrialist in India had abducted Re. 845 crore from Bank of India to buy the VSNL. Mr. A.B. Vajpayee, former Prime Minister of India, was disturbed by this allegation and he took several remedial measures. When the people raise the opposition party to the status of the ruling party, its principal function is to undo the harm done to the community by its predecessor. However, the new Government is unable to do even one tenth of what the preceding Government could do after the VSNL episode. It is clear that the transformation of the VSNL, a PSU, into private entity took place not because the NDA was in power or because of the policy of buying and selling but because the industrialists forced the Government of India with the help of the media brigands to sign the dotted lines. This is presumably the reason why the media brigands are keeping the entire operation as a tight secret. Thus, they are sucking the lifeblood of 1000 million Indians by force and controlling them by brute force. For every bullet of the army and paramilitary forces, an industrialist in India apparently gets a huge amount through simple manipulations.
2.       The IPCL too was abducted by mere force because a simple three-point rule devised for the privatization was not followed.  The abduction gives pain to all right thinking people as it offends the Constitution. It must be regained.  Even Bentham (1748-1832) says that it is always bad to produce more pain than pleasure.
3.       The matter regarding the so-called “cash rich enterprises” too is not connected with this Government directly. Apparently, money was abducted from the cash rich enterprises after conferring autonomous and Navarethna status to them. In this matter, Mr. P. Chithambaram, Finance Minister of India, must be above suspicion. To leave not the shadow of doubt and to prove that the new system does not want to protect the abductors of public property, answers could be given to the four unanswered questions in the letter No. 32.
4.       The petrol pump case indirectly enabled a new Member of Parliament – Anil Ambani - to distribute 5000 petrol outlets on his own! In other words, the Government - in the name of deregulation - faithlessly regulated petrol distribution through a few hands. The Government shall not use the judgment of the Supreme Court for a bad action as it could be construed as contempt of court. Even the simple rules that existed before the judgment have vanished!  All right thinking people consider this as a crime equivalent to abduction of the Constitution as it leads to abduction of money from all over India by mere force. It must be noted that the Constitution of India was enacted not only for the past or present but also for all future times.
5.       The President of India might have noticed that the CBI in this month raided the houses of over hundred people all over India and got disproportionate assets worth Re. 2 crore! The list included a police official. In this connection it must be noted that the CBI on 21 December 2001 arrested a person for removing $ 29 million from Bank of India in foreign exchange and nothing is heard about it afterwards. The CBI could have at least revealed the technique of removing foreign exchange from nationalized banks so that the youth would think of abducting money from the banks rather than abducting children. Alternatively, they would think of opposing the policy of amalgamation of PSUs and the cunning ways to abduct money from the banks.
6.         Everyone in India wants to “become rich or perish”. In this situation, the Prime Minister of India must be a neutral umpire.  Manmohan Singh, however, allowed the abduction of Re. 5000 crore from the nationalized banks for buying shares of the TCS without following any rule. If the NDA Government had succeeded in privatizing the banks, he would not have got this chance to give this huge amount. Now, these shares could be sold for Re. 7500 crore due to willful boosting of share prices. Thus, some intelligent people have apparently gained Re. 2500 crore without burning a drop of midnight oil or paying any tax! The collected money is being quickly translated into assets abroad. Obviously, the public deposits in the banks are utilized not for the development of the infrastructure or to remove the physical and mental malnutrition of Indians. Naturally, some of those who do not know these manipulations join militant groups. Some indulge in breaking houses. Some snatch chains and some abduct children. Thus, who is the actual abductor of children? All right thinking people would tell the President that Manmohan Singh - with help of the media brigands - has done “about as much harm as it is possible for an individual Indian to do”.
7.         The banks are a sacred institution. However, it is the root of all evils in India. The people all over India perish or flourish by availing themselves of loan from the banks. This must be the rule for all. However, a few entrepreneurs, say about 100, are permitted to manipulate a huge amount undermining rule of law and equality. They come forward to sell five or ten percent of the shares of their company. Manmohan Singh asks the banks to give Re. 800 for a share of Re. 1! Next day, some men unknown to the people decide to sell the shares of a Public Sector Bank. Manmohan Singh asks the banks to advance money to some intelligent people to buy the shares for say Re.27. One Public Sector Bank sells its shares and another bank viciously advances money! Will such manipulations enhance the dignity of the Prime Minister of India? Is this the way to make India rich? All right thinking people consider this as an abduction of money by force.
8.       Manmohan Singh would again silently ask the banks to buy or advance money to buy the shares of several companies. All right thinking people feel that competent authorities must prevent it. This is to prevent plunder and pillage. This is for a healthy Stock Market. The share prices must be a function of the ability and enthusiasm of the people to invest in shares. It shall not be a function of the deposits in the banks. To make sure that the funds from the banks are not abducted, Government could direct the financial institutions to seek the permission of the State Governments for removing any money from any State for any purpose. This step would create a new India.  The fact that the State Governments and the political parties are long asleep shall not be an excuse to remove money from various states inhumanly. This is the reason why the changes in history are often sudden.
9.       Manmohan Singh has a Supreme Duty to see that the office of the Prime Minister is not destabilized by corruption charges.  It is his duty to see that his actions realize the good of others. It must be noted that abduction of any money from any bank is naked act of corruption and the Prime Minister himself is bound by oath to remain under law. A Prime Minister, who facilitates manipulations, cannot remain in power by belittling the political leaders.
10.     This is letter No.48. Carlyle says, “ that one man should die ignorant who has the capacity of knowledge, that I call a tragedy, though it should happen, as by some computations it does, a thousand times a minute”. The Government must intervene to prevent that tragedy. It must ensure that everyone should be qualified to contribute something to the common good. The state can do everything, which will help, but it must do nothing, which will hinder the free development of moral personality. Its office is to make people good and to promote morality by maintaining conditions of life in which morality shall be possible. The concealment of these letters confirms that the media brigands still control the Government and the 1000 million people by mere force. Is it not worse than abduction of children?
Vellicode                                                              Yours faithfully
18-2-2005.
                                                                             (V.SABARIMUTHU)


Monday, July 18, 2011

Manmohan Singh-Sonia Gandhi-The Best Self


                                     
16


THE BEST SELF

         
          The letter No.46 addressed to Dr. A.P.J. Abdul Kalam, His Excellency the President of India,  was sent on 5 January 2005 through email.   

          The Hindu on 6 January 2005 reported that Finance Ministry would moot a proposal for disinvestments of 5 per cent equity in Bharat Heavy Electrical Limited (BHEL) that would fetch Re. 950 crore, and 18.24 per cent equity in Maruti Udyog to garner Re.2445 crore.
     The above paper said that the sale would be over by March 2005. The paper reported that the Finance Ministry might float this proposal for the consideration of the Union Cabinet at the end of January or early February. According to the paper, the Government’s share in the BHEL would come down to 62.72 percent.
      The media brigands also said that the Government the money would be utilized for social sector schemes. This piece of information reinforced the view that the decision belonged to the industrialists and not to the Union Cabinet. They would now corner the shares with manipulated money or public funds. In fact, many Union Ministers would not have applied their mind at all over this matter.
       As the elections were going on in some states, and as the attention of the army and the people remain focused on the tsunami disaster, such manipulations by the industrialists with the help of their media brigands could be expected. However, the decision was taken before the letter No.46. The approval of the Union Cabinet would be a formality in the absence of the letters.

          Seven policemen were killed in landmine blast triggered by the CPI (Maoist) called Naxalites in Bihar on 5 January 2005. The media brigands never publish the demands of the Naxalites. They would never agree that Naxalism in India is a repercussion of the policies like selling the shares of the PSUs to private parties.

          People in Europe - Pope John Paul II included- on 5 January 2005 stopped work and stood still for three minutes as a mark of respect to the victims of the tsunami disaster. Special prayers were also held in all places of worship throughout Europe.
          Earlier on 3 January 2005, Mr. George Bush, President of the USA, his wife Laura, and former Presidents George H.W.Bush and Bill Clinton visited Indian Embassy and signed a condolence book for the Tsunami victims.
     Dr. Manmohan Singh, Prime Minister of India, had refused to accept contributions towards tsunami disaster from the foreign countries. The people in France could not digest the real reasons for this. However, Mr. Mechelle Alliot Marie, Defense Minister of France,  hailed the decision of India. However, the President of France, Mr. Jacques Chirac, expressed his willingness to work with India with regard to tsunami disaster.
          However, the amount spent for the rehabilitation of Tsunami victims was relatively far less than the amount spent for the earth quake victims of the Gujarat state.
     Japan came forward to help construct an early warning system based on water pressure to the Asian nations. If accepted, the system would commence operation in 2006.

          The Chief of Army Staff, General N.C.Vij, on 6 January 2005 said that a number of battalions had been de-inducted from Jammu & Kashmir state and more de-induction would be carried out as the condition was returning to near normalcy. He said that fencing along the border curtailed infiltration of militant people from Pakistan.
    The above developments should be noticed in the light of 46 letters although the media brigands would attribute these developments to other intangible reasons.
          Manmohan Singh came to Chennai on 7 January 2005. Miss. Jayalalitha, Chief Minister of Tamil Nadu State, wanted Re.4800 crore from the Union Government to manage tsunami disaster besides Re. 5000 crore for constructing a sea wall along the seashore.
        Manmohan Singh pledged her effective relief and support. However, he insinuated that the Government of Tamil Nadu should convert disaster into opportunity. He stressed the need for modernizing coastal and fishing economy.

          “The Hindu”, on 7 January 2005, reported that the public sector Dena Bank would sell its shares for Re.27 per share of the face value of Re.10.According to the paper; the issue would open on January 24 and close on January 29.
      The above decision did not belong to the Union Cabinet. It was a manipulation in private interest because banks at one time buy the shares of private companies at inflated prices, and at another time they sell their own shares to the preferred buyers.
      The Government is doing this at the cost of unity and integrity of the Nation.
    It was a deception although dictionary has harder words.
    If the Public Sector Banks need money, the best way is to reserve them to various states. This would preserve the unity of the Nation.
      Assuming that the people of Manipur have the freedom to transact 10, 000 shares of the Dena Bank among themselves perpetually with a ceiling of certain shares per individual, will they ever want separation from India? It appears that the manipulations are due to an alien force or due to some contractual obligations.

          “The Hindu” on 8 January 2005 reported that the Jet Airways decided to enter Indian capital market. It would sell 1.73 crore equity shares first. The offer would constitute 20 percent of the capital of the company. The company has reserved 12 lakh equity shares for its employees. Sixty per cent would be given to institutional investors and the remainder would go to the public.
     Apparently, a pressure group in the Government got its pound of flesh in return for the amount given to the TCS. According to this pressure group, if public money could be given to buy the shares of the TCS, the same should be given to the Jet Airways as well.  The tendency to divide the bank funds among some pressure groups could be discerned.
       Further, this was the reason for shelving all expansion plans of the AI and IA for several years. It could be discerned that various pressure groups within the Government is creating their own multi billionaires with public funds presumably based on the understanding reached with them before the election.
         The above policy sowed the seeds of Naxalism in some places. The armed forces would be utilized on a perennial basis to control the Naxalites and the militant people, all at the cost of unity and integrity of India present in the Constitution.
       Therefore, the banks and financial institutions, other than perhaps the UTI, must be restrained from buying the shares of the Jet Airways or any other companies.
        This is not to say that the system should not create some rich men known to Manmohan or other pressure groups. This is only to say that those in power should not undermine the meaning of the words equality and socialism present in the Constitution, and commit deception just because people are long fast asleep.

          The “Business Line’ on 8 January 2005 reported that Reliance Industries had held some shares in British Virgin Island (BVI). According to the paper, the BVI allowed companies to issue shares to an unnamed bearer along with voting rights and the current position of these holdings is still not in the public domain. It is an admission that these companies have unfathomable manipulated wealth in their hands. It is strange that India openly allows such manipulations. 

          Mrs. Susma Swaraj of the BJP, after an all party meeting on tsunami on 9 January 2006, said that the Government should concentrate on installing an early warning system for tsunami rather than spending a huge amount on rehabilitation. This is consistent with the view expressed by a Mr. Colin Gonsalves in “The New Indian Express” on 30 December 2005.
          In fact, the media brigands are not supportive of large-scale construction of tsunami threat- free houses to the fishermen. This shows that the old “Super Cabinet” is still actively deciding the priorities of the land and Manmohan Singh is a prisoner in its hands. Mr. Colin Gonsalves and Mrs. Susma Swaraj know this Super Cabinet. Otherwise, how could the final decision of the Government be consistent with their view?
      The tragedy of all tragedies is that the BJP is organizing several public meetings in tsunami-affected areas demanding full relief to the victims of the tsunami disaster.

          The editorial of “The Hindu” on 7 January 2005 demanded the Government to allow private parities to compete with Indian Airline and Air India in all routes. The message was that the Government must have done more than what it has done for private parties. This was to deceive the people by conveying the impression that the Government was very judicious and miserly in bestowing benefits to the industrialists.
          On 7 January 2005, the public sector Indian Overseas Bank (IOB) raised Re.150 crore through private placement of unsecured redeemable non-convertible subordinated bonds. Why does the IOB with all its huge deposits raise Re. 150 crore? Are the Public Sector Banks in the red due to manipulations in shares?  Abdul Kalam alone knows the answer.

          On 8 January 2005, “The Hindu” reported that India had invested $27.6 billion in international securities, $54.3 billion in other central banks and Banks for International Settlements (BIS) and $ 32.2 billion in foreign commercial banks.
       Abdul Kalam knows that India needs huge public investments. Then, why does India invest a huge amount in foreign banks? He knows the answer.

     Talking to overseas Indians on 9 January 2005 at Mumbai, Abdul Kalam - among other things- said that some of the overseas Indians had given political philosophy to their host countries, which were not free, and under dictatorial regimes. He wanted each one of them to be a one-person non –governmental organization. Perhaps the President too had felt that he miserably failed to secure social, economic and political justice to all citizens of India.

          Mrs. Sonia Gandhi,  President of the Congress Party, paid a visit to her Parliamentary Constituency - Rae Bareli - on 10 January 2005 and announced several welfare measures. The public sector DD gave wide publicity to it. It was, perhaps, to show to the world that she was nursing her constituency with extra care perhaps at the expense of others.
        Now Sonia Gandhi said that she remained in politics only to serve the people of India. The newspapers blacked out her words. It must be noted that the media brigands are now- a- days not giving much publicity to her words.

  
          On 10 January 2005, Ms. Neera Chowdhury, the customary writer of “The New Indian Express” wanted the Government - through a big article - to give preference to tsunami warning system. 
          Manmohan Singh - during his visit to West Bengal on 11January 2005- praised the media for its coverage of the tsunami disaster. It was his message to the media brigands that he would stand by them notwithstanding the letters of this writer or anyone else. Obviously, he is not ready to abolish the policy of bulk buying or to reserve the shares of various PSUs to various states.

          On the next day, Manmohan Singh said that his Government would stand by the Common Minimum Programme (CMP).  He added that if the Left –front Government in West Bengal and the Communist Government in China could absorb the huge FDI, his Government also could encourage the FDI for the development of India.
       In this connection, it must be stated that the CMP was not related to the FDI in any way.
        Further, it must be noted that just as the manipulators used public money in the banks to buy the shares of the PSUs and private companies, the people suspected that a good portion of the so-called FDI was nothing but public money or manipulated money of Indians. The media brigands would not reveal the truth in this matter is another matter.
      Furthermore, even if the FDI were pure foreign money, it would come to India in the form of foreign exchange only. Manmohan Singh did not disclose the reason for the non-utilization of the accumulated foreign exchange or the huge deposits in the banks for the large-scale development of India although he never failed to give money to the TCS to the detriment of 1000 million people.
          From the reports appearing in the second week of January 2005, this writer could discern that the letters of this writer, particularly the letter No.46 dated 5-1- 2005, aborted the idea of the industrialists, media brigands, Manmohan Singh and Mr. P. Chithambaram, Finance Minister,  to merge banks. The media brigands, as usual, did not give any credit to this writer for this.
     Thus the “Business Line” on 13 January 2005 attributed it to the opposition of the All India Bank Officers’ Association.
     Another reason unknowingly or very reluctantly disclosed was that the UPA allies - knowing the repercussion of such a step - did not support Manmohan Singh in this regard.
      In this connection, 17 January 2005 issue of the  “Businessworld” said that the employees of the Bank of India and the Union Bank of India were assured promotion in the event of merger just to suppress their opposition to the merger move.
      Further, the reason for selecting above two banks for merger was that both banks being Mumbai based, the merger issue would come under the jurisdiction of the same High Court, which would speed up matters.
      It is clear that behind all giant manipulations in India, there are courts, with bands of amenable judges.
      It is also clear that media brigands are behind such well thought out long-range manipulations.
         How the letters prevented plunder and robbery could be discerned. The fact that the letters enjoyed the support of Abdul Kalam and the Union Ministers also could be discerned.
        Naturally, Manmohan Singjh is fast losing his moral lusture in the eye of his right-thinking colleagues. This is the first clear indication that the Union Cabinet would try to control the self-interest of Manmohan Singh and the manipulations of the media brigands.
      Naturally, the media brigands would start writing articles to destabilize the Government if the Union Cabinet continues to assert itself.

          With regard to the complaint filed with the Central Bureau of Investigation (CBI) against the five clients of the Global Trust Bank (GTB) by the Oriental Bank of Commerce (OBC), the media brigands said that only the State police and not the CBI was the competent authority to deal with such cases because the officers of the GTB were not public servants before its merger with the OBC.
      This shows that the privatization would have led to greater anarchy in India, as the media brigands want privatization just to remain above the law and to plunder India. In fact, nothing was heard about the case afterwards.

          An army officer and a soldier were killed in a gun battle in Jammu and Kashmir on 13 January 2005.

           Abdul Kalam, while addressing a gathering in Utter Pradesh state, gave eight points for the prosperity of India. The public sector TV channel, DD, reported it on 13 January 2005. However, the DD did not disclose those eight points due to want of permission from the manipulators. The other newspapers also did not publish his words.
         
          Two Maoist Naxalites were killed in Andra Pradesh state(AP) in encounter on 16 January 2005.

          The Union Minister of State, Mr. M.V. Rajasekaran, said that the Centre might transfer about 300 schemes like social welfare to the states and that it would utilize five of the $130 billion foreign exchange reserve for funding the “Accelerated Irrigation Development Programme” (AIDP). These pieces of information are consistent with the wishes of this writer although not less than $ 30 billion could be utilized immediately. However, the industrialists did not allow the Government to utilize the money is another matter.
           
          “The Hindu” on 17 January 2005 said, “The Government is allowing Reliance and GAIL to retail the LPC”. The media brigands did not say whether the NDA Government or the UPA Government granted the crucial permission.
      In this connection, it must be stated that the Reliance was charge-sheeted under Official Secrets’ Act and, therefore, the above permission should not have been granted to it to sell the LPC through retail outlets. In fact, the bids of Hindujas for the IA and AI were rejected because they were charge sheeted in a case.
     The above action of the Government is illegal and immoral.
    The reason for not allowing the States to retail LPG is not known to anyone.
     If permission is granted to the State Governments rather than to Reliance, the states will be better equipped to fight Naxalism and militancy. This is precisely the reason why the people believe that the Union Government is breeding militancy on one side and supplying arms to the states to fight militancy on the other side.

          On 17 January 2005, Chithambaram said that the time was not ripe to increase the FDI limit in private banks to 74 per cent. This contradicted with what Manmohan Singh said at Calcutta on 12 January 2005. It is clear that their ideas do not fit well with the new conditions.
   In this connection, it must be noted that the FDI - even if it is a true one - comes to India in the form of foreign exchange. The Finance Minister did not tell the reason why India needed FDI while huge foreign exchange remained unutilized.
     Further, it was not clear whether he was referring to the FDI in shares or the FDI to start new industries. This is very important because people suspect that most of the FDIs - other than those in the manufacturing sectors - are nothing but manipulated wealth of Indians or fake FDIs.
     If all the Union Ministers and the President of India have any doubt over this, an enquiry by the CBI would reveal the truth.
     A mere curiosity on the part of the Union Ministers and the President to know about these matters might solve many ills of the nation.
      In fact, the origin of the FDI so far received by India must be probed. This might lead to the   confiscation of the manipulated wealth.
     However, whatever Chithambaram said in this matter is consistent with the letters of this writer. It must be treated as a welcome change generated by these letters.

          In its interim report, U.G. Banergee Committee on 17 January 2005 said that the fire incident in the Ahmeddabad bound Sabarmathi Express at Godhra on 27 February 2002 was accidental. The Gujarat police rejected the report saying it was a conspiracy.

          On 17 December 2005 the Managing Director of Union Bank of India (UBoI), Mr. K.Cherian said that his bank would borrow Re.400 crore from the public within a month.
      The UBoI has a deposit of Re.55,000 crore. Why does it borrow Re.400 crore? All the Union Ministers and the President of India might have knowledge about this.
    The people also must know the actual condition of the UBoI because some intelligent men have taken a huge amount from some Public Sector banks.
     Further, the fact that the above bank is only borrowing money and not selling its shares to a few manipulators - to the detriment of 1000 million people - is a welcome development generated by the letters.
      There are reports that State Bank of Mysore also borrowed Re. 175 crore.
   Further, there are reports that the Food Corporation of India (FDI) is all set to float bonds to mobilize Re.1000 core. The real reason for mobilizing this amount must be known to the Union Ministers. Whatever the reasons, the fact that the FCI did not resort to selling its shares to the chosen people must be commended.

The Union Government on the same day said that it would immediately set up a three-member committee to talk with political parties in Jammu & Kashmir on the issue of autonomy. This was also consistent with the letters of this writer although the Union Government could have done more by doing something for the equitable distribution of “seats and assets” -consistent with the letters - to solve militancy.
The Union Government - again on the same day - said that the decision to impose Re. 150 crore penalty on Reliance for the illegal routing of international calls as local calls would not be reviewed. It would be very difficult to bestow such favours directly at a time when India was reeling under tsunami disaster.

The Maoist Naxalites in Andra Pradesh on 17 December 2005 decided to pull out of peace talks as a protest against ‘encounter killings taking place on a daily basis”. “The Hindu” on 18 December 2005 reported that their main demand was to establish a new democratic society.
Usually, the media brigands do not publish the real demands of the militants. It could be seen that only the rule of law and not anarchy would solve all the problems of the militant people in the Andra Pradesh State, and other places including Bihar, Kashmir and the North-East.
The moment there is constitutionalism in India, such militancy would disappear and a new class of small manipulators would emerge.
India and the USA on 17 January completed a new Air Service Agreement (ASA). This would allow India to operate to any number of cities in the US.
The Government asked Air India, Indian Airline, Jet Airways and Air Sahara to submit their plans for launching more international operations by Tuesday. The condition imposed was Available Seat Kilometre (ASKM) operated in the domestic sector during the last five years.

Abdul Kalam on 17 January 2005 said that he was inspired and rejuvenated by two great women, his mother and Mrs. M.S.Subbulakshi. “The New Indian Express” reported this in a remote corner.

Mr. T.J.S. George, the customary writer of the “The New Indian Express” on 19 January 2005 said, “The problem is that missionaries of democracy like George Bush do not know the difference. So they seize on movements and leaders that look western and build them as larger than size”
In this connection, it must be admitted that this writer has not attained any proficiency in English. Would anyone tell the meaning of the above two sentences? Why do the newspapers write like this?

The Union Government on 18 January 2005 constituted an advisory committee under Mr. V.Krishnamurthy, former Chairman of Maruthi Udyog Ltd, for restructuring the oil PSUs.
On the same day, “The New Indian Express” reported that the IPOs of two PSUs- Power Grid Corporation of India (PGCI) and Power Finance Corporation (PFC)- would come before March 2005. This decision was not taken by the Cabinet and therefore belonged to the manipulators and media brigands.

On the same day, the same paper reported that Reliance Industries Ltd raised $350 million through a syndicated five-year overseas loan at 75 basis points for capital expenditure.

Mr. Paul Martin, Prime Minister of Canada, paid a visit to India mainly to convey his condolences and very deep regret on the deaths and devastation caused by the tsunami. During his visit, India and Canada agreed to develop a tsunami early warning system. He said that India and Canada would iron out differences in the nuclear field. The media brigands did not give the nature of welcome extended to him.

The Union Government informed the Supreme Court on 18 January 2005 that the Centre had accepted the recommendation of the probe committee that the Members of Parliament must resign before taking up petrol dealership. A three-Judge Bench comprising Justice Y.K.Sabharwal, Justice D.M.Dharmadhikari and Justice Tarun Chatterjee adjourned the case by four weeks.

The Union Cabinet on 19 January 2005 cleared Re. 2,731.04 crore as relief and rehabilitation package to the tsunami victims of Tamil Nadu, Andra Pradesh, Kerala Union Territory of Pondicherry. This included Re. 454.47 crore subsidies and 639. 24 loan. Thus, those who lost their wooden catamarans would get Re.32,000 ( Re.Thirty two thousands) as subsidy and Re.73,000 (Re.Seventy three thousand) as loan at 7% interest.
The loan taken by the fishermen for their lost wooden catamarans was not apparently cancelled as the Government said that the fishermen would be given new loan even if they had not cleared the old one.
The Government said that the amount was the first package.
The above decision of the Government is consistent with the view expressed by Mr. Colin Gonsalves, Mrs. Susma Swaraj of the BJP and the media brigands although the amount would have been still lower but for the letter No.46 dated 5 January 2005.
Clearly, the decision of the Government is worse than the tsunami disaster. No wonder, on the same day, a fisherman who lost his boat near Vedaranyam in the Tamil Nadu State committed suicide.
The disaster assistance must be compared to Re. 30,000 crore (Rs. Thirty thousand crore) bail- out package silently given to the UTI to restore investor confidence.
In this connection, it must be noted that the Government of Kerala proposes to construct houses of 415 sq.feet costing about 2 lakh to 2.25 lakh. Some houses in low-lying area would be on pillars.
In contrast, the Government of Tamil Nadu proposes to spend less than Re. 1 lakh per house.
 Therefore, it is paramount duty of the President of India to see that there is no practical difference to the amount spent for houses of tsunami victims of various states, and the earthquake victims of Gujarat.
The Union Government should not hide anything from the people in this matter although the President could verify it directly to protect Article 15.

 The Left parties on 19 January 2005 requested the Finance Minister to strengthen the Public Sector Banks at a meeting of the Left- UPA Coordination Committee. At the same time, the Left parties wanted the Government to protect the private banks from the so-called predatory takeovers and strengthen them if necessary with the help of foreign direct investment.
According to the paper, the Left leaders requested the Government not to undo all the economic initiatives set by the previous NDA Government.
It must be noted that even the NDA leaders have not asked the Government to refrain from undoing what they did.
In this connection, it must be noted that in 2001, the Government wanted to privatize the Public Sector Banks threatening that they would perish due to competition from private banks.
 The Government had pointed out China for many matters.
The industrialists said that the Government should get out of the banking business.
 They manipulated foreign exchange in whatever way possible.
A huge amount went out of the banks in the name buying shares.
At the same time they sold their own shares to selected individuals.
But for these letters, they would have said - in one fine morning - that they held 49 percent shares of the nationalized banks and what all they wanted was management control. 
Thus, what the economists, media brigands and the Government then said was to plunder the Nation.
Chithambaram too had wanted to privatize all PSUs including banks within a span of one year to save the Nation.
Could anyone think that they had been talking in good faith?

Succumbing to the pressure of the media brigands and manipulators, the boards of the “IDBI Ltd” and “IDBI Bank” on 20 January 2005 approved the merger of IDBI Bank with IDBI Ltd and fixed the swap ratio at 1:1.42.
The media brigands did not publish the talks or preparatory steps that preceded this merger and kept the people in darkness in private interest. This decision would enable the manipulators to remove a huge amount in one go. Naturally, this would undermine the Unity of India present in the Constitution.

On 20 January the TCS gave a second dividend of Re. 3.50 per share of Re. 1 each. It must be noted that the issue price of this share was over Re.800/- .

“Business Line” on 22 January 2005 reported that that Reliance Industries sought legal opinion from the former Supreme Court Chief Justice Mr. S.P. Bharucha and former Karnataka High Court Chief Justice M.L.Pendase for its investments in the Reliance Infocom.
There is nothing wrong in getting legal opinion from close friends. However, it confirms the worst fears of the writer that the learned judges of the Supreme Court in the BALCO case broke the Constitution of India from within to deny social, economic and political justice to Indians.

“Business Line” on 22 January 2005 reported that the employees of the Dena would strike work on January 24 opposing the move of the Government to reduce its holding in the bank to 51 per cent.
The employees described the contention of the Government that the disinvestments would strengthen the capital base as a hoax.
The media brigands and the manipulators got what they wanted in this matter.
As the Government decided to sell the shares without apportioning them among various states, it appeared that Government would not hesitate to act in bad faith.
On the same day, the same newspaper said that Centurion Bank would raise Re.600 crore to meet its long-term capital requirements.

Speaking to the CEOs Manmohan Singh said that Indian companies must be globally competitive and all barriers for their growth would be removed. He, however, did not say that the system would permit manipulation for this. However, it is the answer to the letters before him.

On 25 January 2005, unidentified gunmen shot dead Mr. Paritala Revi, A Telungu Desam MLA, and two others in the Andra Pradesh State. Manmohan Singh and Sonia Gandhi immediately said that the peace talks between the Andra Pradesh Government and Naxalite groups must continue unhindered.

In his Republic day address, Abdul Kalam gave great importance to employment generation in his 10-point suggestion. As the fourth point he said that tsunami reconstruction work must contribute to prosperity in the coastal areas. As the tenth point he wanted nobility in the administration of justice. These points are consistent with the letters of this writer.

300 people were killed in a temple stampede in the Maharashtra State on 26 January 2005.

“The Hindu” on 26 January 2005 disclosed  that Chithambaram and  Mr. Santosh Mohan Dev, Heavy Industries Minister,  agreed to disinvest 7.5 percent equity in Maruthi Udyog Limited and 10 per cent shareholding in Bharat Heavy Electricals Limited in the next financial year i.e. 2005-2006 to raise about Re. 2500 crore after a formal decision by the Cabinet Committee on Economic Affairs.
 In this connection, it must be noted that the media brigands on 6 January 2005 said the disinvestments in the above two companies would take place during this financial year. The present report shows that the soil below the media brigands have slipped and Manmohan Singh is distancing himself from the media brigands. Or Manmohan Singh has lost his moral authority over the Union Ministers.
Obviously, the letters, particularly the letter No.46 achieved it. The Government would ascribe it to left parties is another matter.

The SEBI on 26 January 2005 said that it would ensure 25 per cent shareholding of all private companies in the hands of the public in the next few years. It would be good if these shares were reserved to various states.

 The Cabinet Committee on Economic Affairs on 27 January 2005 decided to sell up to 49 per cent of shares of all PSUs and to utilize the amount for social sector schemes and to revive the sick PSUs.
The experience shows that this decision belongs to the manipulators and not at all to the Union Government.
The media brigands on 6 January 2005 reported that the Government was giving top priority for social sectors. Obviously, the Government has borrowed one more trick from the media brigands.
The Government is not ready to utilize the huge deposits in banks or the accumulated foreign exchange for the development of the PSUs.
Instead, the Government is advancing money to the manipulators to buy the shares of the PSUs including that of banks. Asking the PSUs - including banks - to release money for buying shares of favoured companies; and at the same time asking them to sell their own shares to favoured people under any pretext is a vicious crime against the Constitution and the society.
Due to these circumstances, one more letter -Letter No.47- was sent on 28 January 2005 at 11.30 P.M.
From
V.SABARIMUTHU
Thattankonam, Vellicode, Mulagumoodu 629167
To
Dr. A.P.J. Abdul Kalam
His Excellency the President of India
Presidential Palace
 New Delhi
Your Excellency
          Kindly consider the reason why His Excellency the President of India should follow not his ordinary but his best self.
1.       An industrialist had removed Re.845 crore from the Bank of India to buy the VSNL. When this was reported to Mr. A.B. Vajpayee, former Prime Minister of India, the portfolio of the then Finance Minister was changed, and the RBI Governor had to quit office. Further, he had to rescind several decisions taken by the Union Cabinet on privatization. Thus, these letters achieved more than what a great mass resistance accompanied by thousands of deaths would have achieved. The letters could realize so much because there is a will FOR the Nation. It is enshrined in the Constitution of India. The will FOR the Nation is distinct from the will OF the Government. According to T.H. Green the civil society ought to leave its members alone, each to look after their several interests provided they do not employ direct fraud or force against their neighbour and the Constitution. There must be a realization of the majesty and might of the Constitution. Therefore, the VSNL must be taken back forthwith.
2.       The NDA Government disqualified the bids of Hindujas for Indian Airline (IA) and Air India (AI) because they were charge-sheeted in a case.  As such, the IPCL must be restored forthwith. This is not to say that the progress and development of the inhabitants of this land should depend entirely on good actions. This is only to say that the man in India today is obtaining salvation by mere wealth or birth irrespective of his actions. A Government in its wisdom might conceive of certain rights, which are not in the Constitution but are nevertheless very essential for the progress and development of the Nation. However, only if such rights are patently or latently present in the Constitution do they become real rights.
3.       So long as the Constitution is not offended, a Union Minister has the natural right to do anything and only when it became offended did the Minister lose that moral right. The reliability of the Finance Minister is doubtful because he exhorted the NDA Government to privatize the important PSUs.  Therefore, everyone - the President of India included- must have the courage to follow this faint light wherever it may lead.
4.       The Supreme Court must remain as a security for equality and socialism. Instead, the learned judges like Justice Y.K.Sabarwal became an instrument of disguised oppression. It is incredible that so many judges of the Supreme Court remain in the arm’s length of the private companies. What all one could discern is many learned judges remain very close to private companies after their stint in the Supreme Court. This is not to say that they must forgo their friendship with private companies. This is only to say that such friendships shall not result in miscarriage of justice.  Whatever be the nexus between the judges and manipulators, the present Chief Justice of India should not have allowed Justice Y.K.Sabarwal to hear the petrol pump appeal case. On March 2002 Justice G.B.Pattanaik of the Supreme Court, after receiving the first eight letters, clearly said that the faith reposed by the common man in administration of justice should be sustained without any room for any aberration or erosion. Obviously, the Chief Justice of India acted in bad faith in this matter. The President of India should have put down with the mandate of the Constitution all the disloyal judges for the benefit 1000 million people.
5.       The Constitution does not confer any right on the Prime Minister to manipulate the deposits in the banks. The former Prime Minister did not allow anyone to remove the deposits from the banks to buy PSUs after the VSNL episode although the Union Cabinet and the Parliament permitted the same. Obviously, the Government derives the right from the Constitution and, despite the mandate and majority in Parliament, has no right against it. The system must clearly look upon the Constitution of India, “not as an evil made necessary because of its inherent viciousness, but as a good made indispensable because of its own inherent virtue”.
6.       The media brigands are not allowing the Government to give effective relief to the victims of the tsunami disaster. The President could visit tsunami-affected areas after three to six months to compare the plight of tsunami victims to that of their counterparts in Gujarat for protecting Article 15 of the Constitution. Further, the Union Government has allotted about Re.5000 crore for tsunami disaster. Even the compensation for fishing equipments is given from this amount only as loan although there is 35% subsidy. A victim in Vedaranyam in Tamil Nadu has committed suicide, as he did not get relief. The media brigands are not reporting it. The President could dispassionately compare the amount allotted for tsunami disaster with the Re. 30,000 crore (Rs. Thirty thousand crore) silently allotted to the UTI with the open permission of the Parliament as bail-out package. Clearly, the Government is under the control of the media brigands.
7.       Unless otherwise prevented, the “IDBI Ltd” is going to be merged with the “IDBI Bank”. This idea belongs to the industrialists. In this connection, the Chairman of the MVR group alone amassed Re.1,300 crore from the Indian Bank. The CBI filed a case in 2001.The CBI did not recover it, as the amount is not in lakhs. The President could compare this to the amount given for tsunami relief. If two banks were merged, Rs 13,000 crore could be removed in one go. The driving force behind merger is obvious.
8.       The media brigands had been tormenting the former Prime Minister to dilute the Government’s holdings in the PSUs to favoured people.  It could be seen that “The New Indian Express” demanded this on 17 November 2001. Now the Government has decided to sell 49% shares of the PSUs under the pretext of allotting the amount for social sector. However, it must be noted that advancing money to brokers and favoured people through one hand and giving the shares of PSUs through another hand against this money is offending the Constitution. If the Government needs money, why does it advance money to buy shares? This is not to say that the Government is not free to buy or sell anything. The proposed 49% shares of the PSUs could be reserved for the people of various States equitably for the unity of the Nation and for the safety of the individuals. By selling the shares of the PSUs against bank funds or manipulated funds to the people of one or two regions, the Government is selling democracy to the buyers and denying social, economic and political justice to the people. The Government is selling Liberty, Equality and Fraternity and even security to the buyers of the shares. At present, the buyers predetermine the nature of the Government at the Centre whatever way the people cast their vote thereby cutting the root of democracy.
9.    The Government is not taking any concrete action to take back the lost PSUs and is concealing all the letters of this writer. In this way the Government is denying the dignity and safety of the individuals and the Unity of the Nation. Thus, the Government refuses to give obedience to the Constitution of India. Perhaps, the Government resists the Constitution of India on the belief that it must. The Government may be justified in disobeying the Constitution of India. Such resistance can never be justified simply because the Constitution runs against personal inclination. The common good would suffer far more from resistance than from conformity to even a bad Constitution. The resistance cannot be justified on social grounds also. The Government could think of changing the Constitution only if it could prove that the Constitution is so bad because it is perverted by private interest.
10.   This is letter No.47. Green says everyman should devote himself to the furtherance of human happiness. Arnold’s plea that men should follow not their ordinary but their best self is very relevant here. For this, the President of India must be prepared to give more to democracy than what he takes out of it.
Vellicode                                                                                  Yours faithfully
28-1-2005
                                                                             (V.SABARIMUTHU)