Monday, May 21, 2012

Great Manmohan Singh


Nothing wrong in India's $10 billion for EU bailout fund: Manmohan Singh

PTI Jun 24, 2012, 12.52AM IST
ON BOARD PM'S SPECIAL AIRCRAFT: Rejecting the Opposition criticism, Prime Minister Manmohan Singh today said he did not see anything wrong in India's $10 billion (Rs 56,000 crore) contribution to the IMF for its $430 billion bailout fund created to assist the debt-wracked Eurozone tackle its financial crisis.
Defending the Government's decision, the prime minister said the contribution will be used up only if the need arose and asserted it will continue to be part of the country's reserves.
http://articles.economictimes.indiatimes.com/2012-06-24/news/32393554_1_eurozone-crisis-bailout-fund-imf



Manmohan Singh represents the collective wisdom of 120 crore Indians in the capacity of Prime Minister of India.


May anyone say that Mr. Singh has done justice with his post and with responsibilities entrusted to him by voters of this country and by elected MPs of various parties? He has tarnished the image of good persons like Narendra Modi or Nitish Kumar for the vested interest of his party and that too sacrificing the interest of the Nation.


Is he not questioned by common men, Team Anna, Ramdeo, Opposition parties, MPs of his own party called as Congress Party or UPA?


It will not be an exaggeration to say that MMS has committed more blunders and caused more damage than what little good things he has done for the country during his tenure as PM of the country.


He will prove to be the worst PM even if his performance  is compared with that of other PMs of  Congress Party, not to speak of opposition parties.


He is responsible for large scale corruption and its escalation and unprecedented rise during his rule.


His economics and his clean image has done nothing good for the country but his silence, inactivity and ineffectiveness have caused huge damaged to Indian culture, has demotivated the talented officers working in Indian administration , has broken the record of corruption by keeping mum on all evil deeds of his colleagues  and it is his party who promoted the culture of flattery and bribery under the banner of Sonia or UPA using the mask of clean MMS.


Who is accountable, responsible and punishable for pitiable present fiscal ill-health of the country?


If a clerk or an officer do not execute the plan and fail to achieve the target, he or she is taken to task, who will teach the lesson to non performers like PM, FM or other ministers who promised a lot to voters but did nothing but only looted voters.


If a bank does not perform as per expectation , if bad assets rises in a bank or if cases of fraud rises in any bank, junior officers are taken to task but the top ranked officers like ED or CMD who framed polices for better performance , who dictated employees  to do this or not to do that , who supervised them , who monitored staff but who completely failed to curb malpractice are never taken to task. Why?


When Chadra Sekhar was PM of this country it was told that the country had to sell gold to save the image.


Now after rule of Doctor MMS, Pranab, Chidambram and their colleagues the economic position of the country moving from bad to worst. Now the current government is only selling Public sector undertakings in the name of Disinvestment for survival of the government or to cope with fiscal deficit or current account deficit or trade deficit. 


It is pity that CMD of top ranked bank called as State Bank of India has prescribed a medicine of reduction in CRR to boost profitability of  Banks. Bank booked profit only due to the fact that government reduced CRR last year by 1.25 i.e. from 6 t0 4.45%.


Is there anyone to learn the lesson from present critical state of economy and take step to punish the real culprit.


Now, at least after publication of latest survey report and performance marking of UPA ministers conducted by various surveyors,


Will media and members of ruling party now stop character assassination of person like Narendra Modi or Nitish Kumar who made their respective state number one and became an example for Chief Ministers of other states to follow?


Will current government stop now exploitation of poor 110 crore people of India in the name of secularism or democracy or social welfare or reservation or minority or in the name of supremacy of Parliament?


Last but not the least , will politicians in general learn to think about nation , act for the nation and refrain from mean minded approach based on this quota or that , stop caste based decisions and adopt patriotism from the core of their heart? 


Will they stop horse trading to run the government?


Will they learn to say spade a spade?


Govt has lost credibility, says CNN-IBN poll
BS Reporter / New Delhi May 22, 2012, 00:17 IST


http://business-standard.com/india/news/govt-has-lost-credibility-says-cnn-ibn-poll/474983/ 




Prime Minister Manmohan Singh’s government has lost credibility because of its failure to handle social activist Anna Hazare’s movement against corruption and not taking bold economic reform measures, according to a poll marking three years of the second term of the United Progressive Alliance (UPA) government. The results of the poll also showed Gujarat Chief Minister Narendra Modi would be the most popular choice among Opposition leaders for the post of prime minister.


The CNN-IBN Opinion Poll, conducted by GfK Mode, showed 66 per cent believed Manmohan Singh’s government had lost credibility, while 59 per cent were unsatisfied with the Union government’s performance. About 58 per cent felt UPA-II would complete its entire term in office. A total of 49 per cent felt the UPA should not get another term in office.








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About 21 per cent of those who participated in the survey said the biggest 
reason for the decline in the government’s credibility was failure to properly handle social activist Anna Hazare’s anti-corruption movement. Failure to take bold economic reforms was the second reason (cited by 20 per cent of respondents). Interestingly, 17 per cent believed the Union government had failed to handle scams and tackle corruption.




A total of 58 per cent felt the major reason for the decline in the UPA government’s performance in the last three years was price rise, while 49 per cent blamed felt it was the government’s inaction against corruption. About 43 per cent felt failure to take bold economic reforms was the primary reason behind people losing faith in it.


Apart from being critical about the Union government, respondents were also dissatisfied with the performance of Prime Minister Manmohan Singh in his second term, with 41 per cent saying Singh’s performance was average, while 39 per cent described it as very poor. About 55 per cent of the survey participants wanted someone to replace Prime Minister Manmohan Singh. A total of 33 per cent wanted Congress General-Secretary Rahul Gandhi to replace him, while 20 per cent wanted Finance Minister Pranab Mukhejee to do so.


A total of 31 per cent of the participants said Manmohan Singh’s biggest failure was his inability to check price rise, while 17 per cent thought he had failed to tackle corruption.


On being asked which leader from the National Democratic Alliance they thought was best suited to become Prime Minister, 39 per cent voted for Narendra Modi. Senior party leader L K Advani secured only 17 per cent, while Sushma Swaraj, leader of the Opposition in the Lok Sabha, got 10 per cent. Bihar Chief Minister Nitish Kumar and Arun Jaitley, leader of the Opposition in the Rajya Sabha, secured five per cent each. Bharatiya Janata Party president Nitin Gadkari, who is likely to get a second term in office, got only two per cent votes for the top post.

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