Mandarins in the Finance Ministry messed the implementation of the grand project of Modi by not making enough notes available for disbursements in Banks, ATMs and Post Offices.
All said and done, Kolkata for the past 70 years is the capital of India’s financial irregularities and money swindling. The word Kolkata companies is a shame on India’s corporate governance. There are thousands of shell companies floated in Kolkata streets and any one can dump money there and withdraw and in every scam, there will be a set of shell companies known as Kolkata companies.
While giving full credit to Prime Minister Narendra Modi for bold act of demonetization, his Finance Ministry, RBI and Banks have made some serious errors in the implementation, leading to chaos and hardships to the common man in the disbursement of money. Mandarins in the Finance Ministry messed the implementation of the grand project of Modi by not making enough notes available for disbursements in Banks, ATMs and Post Offices.
It is interesting to note that National Congress Party (NCP) supremo Sharad Pawar is supporting Modi and Arvind Kejriwal who preached against corruption and black money in politics is opposing him. As and when government streamlines the cash disbursements in ATMs and Banks, the sharpness of opposition attack will be blunted. The question is if Prime Minister’s Office will take charge of the minute handling details of management of Banks and ATMs from the Finance Ministry. Notice how the last meeting on this topic took place at the PM’s house.
Whatever the negatives, demonetization has literally finished the hawala operators, terror financiers and those who kept the huge piles of cash ready for any purpose.s predicted by PGurus in an earlier article, the other arsenals of the opposition would be the Sahara Diaries, missing JNU student Najeeb among others. Is the missing JNU student a drama foisted by the Ultra Left people in JNU and Lutyens’ Delhi, aided and abetted by Congress and AAP? What can the police do if Najeeb himself goes into exile? Police should take a serious look into the frauds created by the script writers of this missing drama.
…Kejriwal has rehashed the allegations from Birla diaries, which has been already closed by the courts after CBI’s closure report.
Sahara diaries were at last published in ‘The Hindu’ newspaper in a diluted way, without mentioning any names. This diary appears to be a conspiracy by certain unholy, convenient alliances in Lutyen’s Delhi, who want to fix the outsider PM Modi by hook or crook. As suggested earlier, there appears to be a Trojan Horse in the Government and BJP to malign the Prime Minister. The question that comes to mind is how this so called payoff list to the Who-is-Who of the country by jailed Sahara Chief Subrata Roy land in the hands of advocates Prashant Bhushan and Ram Jethmalani? What is laughable about these Sahara Diaries is that Ram Jethmalani wrote to Delhi AAP Government three months back to check the veracity of these papers and signatures of the Income Tax officers.
Why are these loose sheets having names of all be taken as a proof of seizure from the raid at Sahara’s staffer’s office by Income Tax, even after the Supreme Court’s verdict on Jain Hawala diaries? The raid was conducted in November 2014 and top officers including Finance Minister Arun Jaitley were aware of these seized loose sheets and why such an unreliable document was allowed to be a record by putting signatures and seals of senior Income Tax officers? These questions are to be analyzed by none other than PM Modi to find the Trojan Horse in his Government.
Meanwhile Kejriwal has rehashed the allegations from Birla diaries, which has been already closed by the courts after CBI’s closure report. Prashant Bhushan tweeted that he has approached the Supreme Court with Birla and Sahara diaries. Interestingly these diary allegations never mention the then Finance Minister’s names!