Featured post

THE NPA CONUNDROM

ഈ അടുത്തിടെ   ഉണ്ടായ ചില സംഭവങ്ങളി ൽ പ്രതികരിക്കണം എന്ന് തോന്നിയത് കൊണ്ടാണ്   ഇത് കുറിക്കുന്നത് . ബാങ്കി ൽ നിന്ന് എടുത്ത വായ്പ ...

Friday, 22 March 2024

Lok sabha polls

 Yet again comes another poll

My name is in the till

There are many parties n the fray

Dont know who are going to stay

     Arguments and counters galore

    Accusations and replies are more

     No parties are above the board

     Poor voters are getting bored

Government appears to be after opposition

Strange are their action and position 

Why are they afraid of critics

Who are not playing any tricks 

      Let democracy bloom like roses 

      And the country be devoid of any crosses

Saturday, 16 March 2024

ELECTORAL.BONDS AND SBI

 During the last few days, the country's largest PSB has been in news for wrong reasons! All that the bank did was to obey directives from government and act as the government's agent in issue and redemption of electoral bonds! However, when the plea challenging the entire scheme was allowed by the SC who termed it illegal, the saga of SBI started! The court order to SBI to submit all the data pertaining to electoral bonds to election commission was the starting point. Obviously, SBI had not developed any matching mechanism as government had offered privacy to the purchasers of the bonds. However , the Bank took its own time to inform this position to the court, (which was.done on the last day of the time.granted!) which apparently infuriated them.


Here some points need to be pondered upon.
1. If SBI had submitted inability to furnish the matched data earlier, would.the SC have been satisfied or would the court have taken cognizance of the same.before the next hearing date fixed?
2. What did sc want to achieve by asking SBI to submit the entire data? Even if the fully matched data was made available , would anybody be able to confirm that the purchaser of the bond was.the person or.entity who donated it? It may be remembered that the bonds were bearer in nature and.could.have changed hands any number of times, before redemption!
And it.may also be seen that the parties had already declared the amount received by then through the bonds. If the court really wanted the country to know who had.contributed how much to each party, court could.have simply asked.the parties to submit their receipt.books for verification,  I feel.

As a former SBI staff, I feel at least the court could have avoided passing unwanted comments against the Bank, when the banks hands were tied to back to.make a defence.for.itself!

Wednesday, 6 March 2024

CONGRESS.MUKTH BJP?

 Of late, not a single day passes without news about somebody joining the ruling party, the BJP! And as has to be, majority of such turncoats is from the principal opposition party, the Indian National Congress. However,  one such news that came out today takes the cake and is truly surprising! Former Kolkota high court judge Abhijit Ganguly who resigned a day back announced joining BJP the very next day. 

One only wonders whether this action of the judge is politically or judicially correct! A judge who is expected to.deliver judgements even in cases where the government is one of the parties without any fear or favour becomes a part of the ruling patty the very next,day of his quitting.his post should definitely raise eye brows. Aren't there any service rules or Code of conduct that prevents the judges taking such decisions, as is the casen with employees of  others Government departments or PSUs? Normally for employees there is a cooling period of one year before joining any organisation that had any relation with the Government or psu! I really hope the supreme court will take suo motu cognizance of this act and call the bluff!

As regards the politicians joining the BJP, I feel it is high time PM Modi changed his slogan of making a congress mukt bharat to making a "Congress mukt BJP" the way congressmen are lured to the party