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)
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