It is richocracy now, along with Kleptocracy, run by Fakucracy. And promising Sab ka vikas !" And 'good governance' only for themselves !" It is a rule for the rich , by the rich and of the rich. They are the real 'Mitron"!! And people are simply for the speeches and votes, pedaling promises eternally postponed !! In the name of the democracy run by demagogues, and turn it in to Kleptocracy !! It is all in the name of people!!- though "Hamare log' actually means the rich!
Rich gets away with the loot. Travel first class out of india to fancy destination and take rest in their luxury yacht, tucked away from the sight,
having a party of fun in the he sea, away from the camera glare. Meanwhile every other hour a farmer commits suicide because the banks chase him for the few thousands of unpaid loans!!
having a party of fun in the he sea, away from the camera glare. Meanwhile every other hour a farmer commits suicide because the banks chase him for the few thousands of unpaid loans!!
'Republic " of lies vs Republic of Hunger .
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Whose nation is it anyway ?
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Whose nation is it anyway ?
Inequality is the highest level in the last 92 years in India. One percent of rich Indians owns 58.4 percent of the total wealth in India. India has the third highest number of billionaires in the world. By latest figures , there are 31 billionaires in India . That is not the problem. India has the largest number of hungry people in the world, poor people in the world, landless people in the world and homeless people in the world. That is the problem. They get rhetoric. They get divided in the name of religion and castes- and the politicians get votes- and then they dine and wine with the billionaires- and their development is seen as the 'country's" development. Their growth is seen as country's economic growth. Media belong to them as soothsayers in the market place of share and vote share. That is how they make pornography of pseudo politics in the 'republic, ' of the rich lies in a poor nation. Since they want to conceal the present they pedal fantastic stories of the ancient past and promised future.
Media will never tell the loot. Because they are a part of the loot club. They are the new hyper-nationalist. And their interest has become the 'national interest'. If you question them, you will be an 'anti-national'. Their paid foot soldiers will troll you, chase you, threaten you- and if needed shoot you. Those who ask questions about constitution, human rights and justice - are seen as irritants - and the 'enemies' of the nation: of course the nation of billionaires and not the nation of billions.
In the "republic' of lies and hatred ,the guys wants to make us believe the 'nation' wants to know. It is the 'nation' of the rich media barons who posture as 'democratic leaders' - and it is the 'nation' of the rich. It is the "nation' of Nirav Modi's, Vijya Mallys and those rich cronies laughing all the way to Rajya Sabha!!! Whose nation is it ? It is ot the notion of Gandhi, Ambedkar, Nehru or Patel or the nation of the 1.2 billion people. !! It is not the interest of the 75% of Indian's who live less than 2 USD a day !! It is not the nation of the nation of 300 million landless people in India. It is not the the nation of 68 right to information activist killed in India . It is not the nation of 12000 farmer who commit suicide every year!!
Banks are for the Rich !! And the poor pays for them!!
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The Rich loots the banks- and the poor commit suicide because Banks to want to loot them !! The irony of two kinds of loans. The stories of the haves and haven't . The stories of those who laugh all their way to Bank and with another laugh swindle crores. The total Non- Performing Assets of Indian Banks is in Billions of dollars- and by in September last year it was a whopping 8.4 lakhs crore. And by now it might have crossed 9 lakhs crore!! The non-performing assets (NPA) accumulated by Indian lenders are higher than those of banks in most major economies, including the US, UK, China, and Japan. In fact, India ranks fifth out of 39 major world economies plagued by bad loans. India's NPA ratio is moving to more than 10% and that is a danger signal !! Greece moved in to a crisis that began with the banking crisis. This situation that began to get out of hand around five year ago- has become worse . All poor are asked to take bank accounts and adhar. And their bank accounts are still empty. Never came the Rs 15 lakhs worth of lies promised to them !! And a government that thrives on gimmicks and rhetoric, divisive politics and political manipulations without any ounce of political or moral ethics - are failing people in many ways.
House of Lords !! and Crony nexus : Honeycombs of power!!
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If you take loans worth thousands or crores- and then give a part of the loans as 'contributions' to the Political bosses - you are in the Parliament. And then you become an economic and political VVIP. And use your political contacts to cheat the banks. Familiar pattern in India. The Vediocon man too was in the Rajya Sabha. Vijay Mallya was did fashion parade in the Parliament. He took his political buddies for calendar shoot. Look at the other rich guys in the parliament . Some of them even pretend to be socialists - and some of them are media barons. Is it the house of Lords!! ? Why should RS be reserved for the rich and powerful ? Nirav Modi too was a close buddy of the political class. Wined and dined with them. Shared a part of the loot and got away with it. Vijya Mallay is enjoying is new honeymoon !!
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If you take loans worth thousands or crores- and then give a part of the loans as 'contributions' to the Political bosses - you are in the Parliament. And then you become an economic and political VVIP. And use your political contacts to cheat the banks. Familiar pattern in India. The Vediocon man too was in the Rajya Sabha. Vijay Mallya was did fashion parade in the Parliament. He took his political buddies for calendar shoot. Look at the other rich guys in the parliament . Some of them even pretend to be socialists - and some of them are media barons. Is it the house of Lords!! ? Why should RS be reserved for the rich and powerful ? Nirav Modi too was a close buddy of the political class. Wined and dined with them. Shared a part of the loot and got away with it. Vijya Mallay is enjoying is new honeymoon !!
Now the ICIC I - videocon stroy . Another story- and another nexus ....
India must and should be reclaimed from this elite nexus. They run the banks. The run politics. They fund parties. They buy the media. They spent thousands of croes as ad incentive to media to promote them. And they loot Banks. In fact they loot people - as the bank does not have any money of its own. The money that the Banks give away belong to the people - as they deposit. We go and complain about the trust deficit in Social Media and Face book. What about the trust deficit in Indian Banks ? Which Bank can people trust now. In the last couple of years- how many stories of the bank loots. Demonetization too was a part of organized loot- as they banks ran of out of money, they needed to get back the money flow to the Banks.
India must and should be reclaimed from this elite nexus. They run the banks. The run politics. They fund parties. They buy the media. They spent thousands of croes as ad incentive to media to promote them. And they loot Banks. In fact they loot people - as the bank does not have any money of its own. The money that the Banks give away belong to the people - as they deposit. We go and complain about the trust deficit in Social Media and Face book. What about the trust deficit in Indian Banks ? Which Bank can people trust now. In the last couple of years- how many stories of the bank loots. Demonetization too was a part of organized loot- as they banks ran of out of money, they needed to get back the money flow to the Banks.
India is not only moving to a political crisis- and if these NPA increases - and the signs are that we also will move in to an economic crisis. Time to act.