Uttar Pradesh Elections – A Close Call

February 23, 2012 · Filed Under / · 2 Comments 

Of the five states going to poll, Uttar Pradesh is the most important one given its sheer size. However, the results may be too close to call.

The Bahujan Samajwadi Party (BSP) suffers from incumbency, but Chief Minister Mayawati has tried to overcome it by aggressively churning her candidates. Still, there could be voter fatigue due to corruption allegations.

The Samajwadi Party (SP) has a fresh tailwind with Akhilesh Yadav and does not have the headwind of being an incumbent as it did in 2007. If the results are close, Ajit Singh’s party (currently a Congress ally) could play a prominent role in government formation. Both the Congress and the BJP suffer from lack of local leadership and Read more

Sanctity of IIM-Bangalore – Insider Trader Mukesh Ambani Heading the Board of Governors

February 13, 2012 · Filed Under / · Comment 

Does the Indian Institute of Management at Bangalore take pride in having Insider Trader and head of Reliance Industries, Mukesh Ambani as the head of Board of Governors of this premier institute ? I wonder how learned and qualified Professors are tolerating the same when their are clear orders from the office of the Securities and Exchange Board of India about the violations.

It is really shameful that institutes like IIM, a dream of million Indians for their Management education are accommodating Read more

2G Scam – Supreme Court Order Answers Who Owns Telecom Spectrum of India

February 6, 2012 · Filed Under / · Comment 

The Supreme Court Order on 2G Scam has preserved the Natural Resource – Telecom Spectrum from being thrown away at price of peanuts by means of corruption at high places. Here is a detailed analysis of the Supreme Court Order on 2G Spectrum Scam case under the able leadership of Shri Manmohan Singh.

Whether the Government has the right to alienate, transfer or distribute “natural resources/national assets otherwise than by following a fair and transparent method consistent with the fundamentals of the equality clause enshrined in the Constitution?

The Judgment Says, Read more

2G + CWG Scam + Anti-Corruption Wave – Strong Chance for SP in Uttar Pradesh. UPA Central Govt May Collapse

January 12, 2012 · Filed Under / · 1 Comment 

The Indian Political Economy is in Short Term trouble for sure. The under-the-table cooperation model between politics and business in India had clearly broken down due to a series of corruption scandals like the Commonwealth Games, 2G Spectrum Scam, SEBI Consent Order Scam, Mining Scam Across the Country, etc

The ruling Congress / UPA will face an adverse outcome due to its direct / indirect involvement in the series of scams across the length and breadth of the country under the weakest Prime Minister in World history. Mulayam Singh Yadav’s Samajwadi Party likely to win the Read more

MNREGA + Food Security Bill = Congress Govts Weapons of Destruction for India

December 20, 2011 · Filed Under / · 2 Comments 

The Congress Government at the Helm of affairs in India over the past 6 to 7 years have enhanced the Fiscal Deficit by overspending on so called Social Projects like the MNREGA with massive corruption and leaving the state coffer empty. Adding to this was a series of Scams in 2008-09 – Spectrum Scam, SEZ / Land Bank Scam Across India and finally the CommonWealth Games Scam.

The opposition cornered the Congress government headed by Economist Dr. Singh but remotely controlled by others. The spineless Read more

IRCTC Modifies Tatakal Reservation Rules to Curb Frauds by Agents – Details

December 17, 2011 · Filed Under / · Comment 

IRCTC had a facility known as Tatkal Reservation enabling last minute travelers to board the Train to their destinations. However, the scheme was mis-used to a large extent because of Agents. Thus to provide the real benefit of the scheme, Indian railways has modified the IRCTC Tatakal Reservation Rules.

  • Booking Allowed only one day in advance excluding the day of travel. In some Cases the booking maybe allowed 2 days in Advance depending on the Origin and Destination of Train. For Example, on Bangalore to Mumbai Chalukya Express, if you are boarding from Pune, then you can book 2 days in advance. IRCTC Systems have been designed to consider the departure time at Origin for the Rule of One Day in Advance for Tatkal Tickets
  • A maximum of 4 Passengers can be Read more

Censoring the Indian Web – Kapil Sibal Trashed Makes Mockery of Himself

December 6, 2011 · Filed Under / · Comment 

India’s Minister for Communications, Telecom and IT, Kapil Sibal who invited Executives of Twitter, Facebook, Google, Yahoo and Microsoft to discuss option on censoring the content on their respective platforms, made a mockery of himself as Indian netizens tweeted in millions as #IdiotKapilSibal

Kapil Sibal is upset over I Hate Sonia Gandhi Web Pages and Content across the web trashing the reputation of Gandhi Family and corrupt Government. Kapil for sure didn’t do his homework well because none of these companies are Indian and they won’t budge over to his request.

Indian Government must improve its Governance and attitude towards it citizens treat them like valued customers to win their hearts rather than silencing their freedom of speech. Any such efforts Read more

Supreme Court Bans GPA / SPA / Agreement for Sale in Real Estate to Curb Black Money

October 14, 2011 · Filed Under / · 1 Comment 

The various Governments be it Congress, BJP, AIADMK, etc all lacked the will to curb black money and the windfall il-legal profit Goons and Politicians made by looting general public by means of Real Estate Deals. The Honorable Supreme Court waited for too long and hence decided to pass an order where-in all Real Estate Deals by means of General Power of Attorney, Special Power of Attorney or Agreement for Sale to curb BlackMoney and weed out all the agents who artificially jacked up the prices.

Modus Operandi – A Goon / Property Agent usually backed by local Corporator / MLA lures a property seller and gets an Read more

India’s Corruption at Peak – Worst Governance since Independence – CAG Vinod Rai Justifies

October 12, 2011 · Filed Under / · 1 Comment 

It is a matter of shame that an Economist and a person like Dr. Manmohan Singh is occupying the seat of the Highest Authority in India when Corruption is at Peak with Billions of Dollars looted from India and stashed in tax heavens, Governance at its Worst. Eminent Economists, Industrialists with Clean background and Professionals have raised their voice against the Government in open, yet the game of remote control of puppet PM continues. How Long ?

Captains of the Indian Industry sent a Strong Message to the Government for its impotent Governance,

Growing Governance Deficit, Galloping Corruption and The urgent need to distinguish between ‘Dissent’ and ‘Disruption’.

You can read the Full Letter address to the Prime Minister of India here. [PDF]

CAG, Vinod Rai one of the brains behind unearthing 2G Spectrum Scam, CWG Scam, Read more

Finance Ministry Interference in SEBI – Is SEBI Money Making tool for Finance Ministry ?

October 1, 2011 · Filed Under / · 1 Comment 

In a series of Articles we would like to expose the working of Securities and Exchange Board of India – SEBI which is supposed to be the toughest regulator for Hundreds of Billions of Dollars of Investments in India. We will grant you Full Access to RTI Files obtained in this issue, you can decide yourself.

K M Abraham an IAS officer was one of the board members of SEBI[He was not given extension, probably because he was Honest] has Read more

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