The two news items in the above context were written
by N Natarajan and was published with a question of
Political Will ! Now action by the Prime Minister has
shown that such political will still prevails in this
This is History ( 450 )
the growth of nationalism, the idea of "my country
right or wrong" developed.
Going by British style, Modi should
be given two more terms !
is a growing thinking among Narendra Modi fans that going
by the British style, he should be given at least two more
terms to set the things right and put the country on the
right track. British, it may be pointed out here, used to
give three years to any Collector or Police superintendent
to give desired results. First year used to be given for
understanding the district, second year for policy making
and third year for implementing the same.
Were notes of MPs changed very next day ?
mill says that notes of certain MPs, particularly those
belonging to the BJP and the NCP, were changed in huge quantity
the very next day of demonetization declaration by the PM.
Is it a fact ?
"Demonetisation - a boon for Banking Industry"
for having showed her acumen in various segment in the banking
industry, Mrs. Trishna Guha, who is presently Executive
Director in Dena Bank, is of the view that demonetization
- brought in by the Modi government recently - would be
largely beneficial for banking industry. In an informal
chat with the Whispers In The Corridors (Editor- Sanjay
Sharma & Vice President - Abul Hassan) during her recent
visit to Bhopal, Mrs. Guha said that with huge increase
in deposits following demonetization, banks will now not
be compelled to borrow money because of rise in low cost
Desh ko matt
My Stock Broker friend and I had decided to meet again...so
today we meet at a Nariman Point Coffee Shop and over Cold
Coffees and Sandwiches we get chatting.
Me: So now there is news that a lot of Black Money has been
recycled via Banks .. crooked Staff in many Banks have
been recycling a lot of money and making a lot of money
Friend: And now they say that 80% of the 1000 and 500 have
been deposited . on 28th of November RBI had announced
that 55% of Notes had been deposited so it's intriguing
that in just a few days 25% Notes have been deposited .
M: How's this whitewashing been managed by the crooked lot
in Banks .
F: See initially . Notes were exchanged over the Counter
nefariously . then Bank Staff used Shell Company Accounts .
known Benami Accounts .Dormant Accounts ....
M: And then I hear many individuals and Companies helped
F : There are Cash Rich Companies . like Rice Shellers ..Foodgrain
Millers . Jewelry . Big Stores etc .. all
have been used to whitewash currency
M: And I'm sure the nefarious deposits via corrupt Bank
Officials and other Jugaads include a lot of Counterfeit
F: They have not have bothered to check out the genuineness
of the Deposits and the Currency .
M: Where have the Deposits reached .....
F: Chalo if we go by the 80% figure than doing a rough per
day calculation I think the figure on 31st December will
cross 17 lac crores .. isn't it odd as per RBI
14.4 lac crores Notes have been printed . so from
where has this additional amount come from
M: Only plausible cause can be Counterfeit Notes which
means firstly .. the Counterfeit Notes were grossly
undervalued .. and a lot of the Counterfeit Notes were
accepted by Banks!!!
F: So now the rumor that Government has rehired retired
Income Tax Officers makes sense which means now the
Deposits will be verified thoroughly seems the Whitewashed
ammount is staggering ...
M: Yes but if people thought that just depositing
Notes would make their money white they were grossly wrong ..
as it's the Income Tax that will verify and then only will
the amount deposits become white
F: This exercise is long drawn out .
M: Hopefully the cash position will normalize in 20 days ..Modi
committed in 50 days Cash position will be normal
F: Should be...... printing of 500 Notes is in full swing
. Government would like to make up to some extent
via lower denominations. Normalize the situation!!!
M: What does the Opposition want . holding up both
F: I think on the front it's . we want Modi in the
House for the Debate on Demonetization . but the real
reason is what will we say if there is a Debate!!!
M: Looks like it . because Modi had come to Rajya Sabha
and sat through the din and even after the House was adjourned
in the hope the Demonetization Debate would start .
F: There are very important Legislations that need to be
M: I don't know but I have a feeling that in the last 2
days things will move .
F: Why ..
M: Well they know the Public is with Modi and they are seen
as 'spoilers' ..
F: The BJP needs to step on the gas on letting Public know
what's being held up and do this vociferously . like
Opposition did not even allow Disabilities Bill to be Tabled .
M: But I am also sure Government has a Plan B in place if
this 'hold up' continues!!! Today the RBI has kept Rates
F: I think it's correct . there is going to be some
loss of momentum in the economy for a Quarter or so ..
Notes availability is controlled . Inflation is another
factor . Banks have on their own already reduced
rates...what's wrong with Farroukh Abdullah
M: Arre Mr. Flip Flop . he's kept the Caveats .like
'Right Cause' etc. At the opportune time he will do a backward
F: Yaar these guys are simply too much . why did Advani
have to complain aloud about the House not running .
he was present and he witnessed who is holding up the House .
why blame Speaker and Parliamentary Affairs Minister
if he had a grouse against them he could have called them
and spoken to them in private .
M: Yes why .....when he knows anything derogatory for the
Government and it'll be grabbed by Opposition and its Pally
F: To me he's taking his role as Maarag Darshak seriously
..only the nishaana of his guidance is grossly wrong .it
seems he's doing Maarag Darshak work for the Opposiiton
Disclaimer : Satire. Not meant to influence or inform. With
inputs from MSM, SM and Blogs