Saturday 30 August 2014

Why to talk with Pakistan?

The question is "Why to talk with Pakistan?"
By inviting Pakistan Primer in Modi government oath taking ceremony, the new Indian government showed her willingness for peace in Indian subcontinent region. Nawas Sharif too came & showed mutual agreement for holding peaceful atmosphere. In this back drop, Secretary level talks were proposed on 25th August.
But as soon as talks were proposed and accepted, cross boarder firing too escalated. Pak Ambassador too started meeting J&K separatist leaders against agreed "Shimla Accord & Lahore Declaration “ & against Indian government advice, leaving India no option other than cancelling talks.
However, before leaving for Japan, PM Modi said India still desired peaceful, friendly and cooperative relations with Pakistan. He said “India has no hesitation to discuss any outstanding issue with Pakistan within the bilateral framework that has been established under the Shimla Agreement and the Lahore Declaration. We, therefore, were disappointed that Pakistan sought to make a spectacle of these efforts and went ahead with talks with secessionist elements from Jammu and Kashmir in New Delhi just prior to the meeting of the foreign secretaries,“
Now the question is why India should always bend forward to talk with Pakistan? What India will gain by holding such talks? Can Pakistan be forced not to mingle in India’s internal matters by just holding talks? Will Pakistan ever have a real democratic civilian government who will think about its civilians only? Why Pakistan is willing to help Kashmir’s separatist when his own country is burning? There are many more questions which need answers?
The author’s view is that we should not initiate any talks on our own. If Pakistan is willing then it should first stop helping Kashmir separatist groups & also spot cross boarder hostilities because Pakistan never claimed that Kashmir is their part while Kashmir merged with India under agreement. I don’t say that India should not hold talks with Kashmiri Awam. After all Kashmir is part-n-parcel of Indian union. We will have to solve its all problems on humanitarian ground under our constitution. They are as much as our brothers & sisters as rest part of India. Pakistan has neither any role in it nor has financial/social power to heal wounds infected.

These cosmetic talks will solve no purpose. Lets us stop talking till atmosphere is reap enough to hold such talks. Don't get under pressure from any group even if Modi Government is called hardliner by India's secular forces. Think, meditate & ponder "Why to talk with Pakistan?" and only then act.

Monday 17 June 2013

Teja Loans (1960)

Around the time the sixth decade of the last century dawned, there descended on the Delhi scene a strikingly impressive couple: Dr Dharma Jayanti Teja and his attractive wife. The word soon spread that the couple was very special, and almost immediately it became the toast of the town.

As it happened, Dr Teja was the first of the species that later came be known as the 'hugely successful NRIs.' He was said to have lived for a long time overseas, worked very hard almost from scratch, and earned a fortune by the dint of sheer enterprise and drive.

The Tejas threw lavish and glittering parties and they themselves were entertained by Delhi's creme de la creme. Politicians and bureaucrats were as anxious to befriend the Tejas as they were to cultivate men and women of power and influence.Consequently, they had little difficulty in gaining access to Jawaharlal Nehru who, as a respecter of achievers, was happy to welcome them. This boosted their stock so much that there was a scramble to be on their right side.At this juncture the good doctor let it be known that he had earned the money he needed or wanted. He now wanted to do something for his motherland. Since shipping was his forte, he had made elaborate plans to expand exponentially India's puny maritime fleet. If only the government could see its way to make some initial investment, and he would work wonders.Some bureaucrats, particularly in the directorate general of shipping -- dubbed by Teja 'abominable no-men' -- expressed deep reservations about his claims. Inevitably, the matter was referred to the Cabinet. Nehru told his colleagues: 'Thoda kuch de do (Give him a little something).' The government machine translated this into over a crore of rupees.Today this amount would be laughingly dismissed as chickenfeed, but in those days it was substantial. It enabled Teja's Jayanti Shipping Company to buy a number of ships from Japan by the simple expedient of paying only the first instalment on them and launching these ships both ostentatiously and profitably.Possession of them enabled him to hypothecate them to acquire more ships or raise money. Jayanti's earning soared, and so did Teja's reputation as an entrepreneur extraordinaire.His lavish and jet-set lifestyle -- flitting from his villa in south of France the Waldorf Astoria hotel in New York and rushing back to Delhi on way to Tokyo -- added to his mystique. By the time Indira Gandhi became prime minister, Teja was both an international celebrity and a national icon.If this evoked admiration and envy among many, it also bred anger of those who were opponents of Nehru and felt that Teja, while flourishing because of the prime minister's patronage, had acquired undue, perhaps sinister, influence in the highest circles.But Teja was unconcerned. As power passed to Mrs Gandhi after Lal Bahadur Shastri's death, Ram Manohar Lohia, the principal Nehru-baiter, demanded in Parliament as to what was Teja doing at Tashkent during Shastri's talks with President Ayub Khan of Pakistan.The then foreign minister, Swaran Singh, brought the House down by declaring: 'The hon'ble member's impression is a case of mistaken identity. There was a Teja at Tashkent but he is a Foreign Service officer, J S Teja, posted to our embassy in Moscow This did not prevent Lohia from insinuating that Teja had gifted a sable coat to Indira Gandhi when she was 'nothing more than her father's daughter.'Soon after becoming prime minister, Indira Gandhi went on an official visit to the United States. Dharma Teja was among the Indian tycoons that had gravitated to Washington and New York for the occasion. I had a nodding acquaintance with him, but I met him at some length for the first time at a dinner at the home of G Parathasarathi, India's ambassador to the United Nations at that time.It was a relaxed occasion because the prime minister had already left. The food was excellent and I particularly praised the jumbo prawns. Teja concurred with me but insisted that I should taste the even better prawns at his place in the south of France. I thanked him, but said there was no way I could stop by in France on way back home after finishing my work in New York.The next morning he startled me by phoning me to say that he was sending me a first class plane ticket to Nice so that I could join him and his wife there even for a day to share a seafood meal. I thanked him profusely, but declined the invitation.Sooner or later the bubble was bound to burst and it did so not with a whimper but with a bang. Teja's Japanese suppliers discovered, to their dismay that installments of payments due from him were no longer coming in. They therefore wanted to foreclose the sales of ships.
Others who had accepted these ships as securities for financing Teja were also up in arms. Crews of various Jayanti ships complained that they were not getting their wages.Investigations showed that Teja's financial empire was a mirage. Through his elaborate scam he had taken the Indian government as well as the Japanese shipyards for a ride. In any case, there was no way the government loan to Teja could be recovered.Consequently, the public sector Shipping Corporation of India took over and assimilated Jayanti Shipping. Teja was tried for massive fraud and sentenced to imprisonment for seven years.At the same time the word went round that his comely wife was at first his private secretary. She was cruising with him and his first wife, a foreigner, when the latter died on board in mysterious circumstances. What became of the lady nobody knows. Teja, however, died soon after being released from jail.http://imads.rediff.com/0/default/empty.gif

Courtesy : 
  
http://imads.rediff.com/0/default/empty.gifJai Hind

Mundhra Mess (1958)

It was the media that first hinted there might be a scam involving the sale of shares to LIC.
Feroz Gandhi
 sourced the confidential correspondence between the then Finance Minister T.T. Krishnamachari and his principal finance secretary, and raised a question in Parliament on the sale of 'fraudulent' shares to LIC by a Calcutta-based Marwari businessman named Haridas Mundhra.
The then Prime Minister,
 Jawaharlal Nehru, set up a one-man commission headed by Justice MC Chagla 
to investigate the matter when it became evident that there was a prima facie case. Chagla concluded that Mundhra had sold fictitious shares to LIC, thereby defrauding the insurance behemoth to the tune of Rs. 1.25 crore.

Mundhra was sentenced to 22 years in prison. The scam also forced the resignation of T.T.Krishnamachari.

Thursday 13 June 2013

Cycle Import (1951) :: List of Scams

In the year 1951 the then Secretary, Ministry of Commerce and Industry, S.A. Venkataraman, was jailed for accepting a bribe in lieu of granting a cycle import quota to a company. However, things were quite different in the case of Sirajuddin’s diary. After six years of cycle scam in the year 1956, it was found that few leaders of Orissa were giving commission to businessmen. A big businessman of North India, Muhammad Sirajuddin was found guilty. He was owner of many mines and a diary was found with him that proved that he had relations with many known politicians. But no action was taken in this regard. Consequently, the news got published after some time. Later the then Minister of Mines and Fuel Keshav Dev Malviya agreed that he took Rs. 10,000 from a mining owner of Orissa commission. Later, Malviya had to resign under pressure from Nehru.

Wednesday 12 June 2013

Jeep Scandal Case :: List of scams

Jeep Scandal Case (1948)

VK Memon then the Indian high commissioner to Britain, bypassed protocol to sign a deal worth Rs 80 lakh with a foreign firm for the purchase of army jeeps. While most of the money was paid upfront, just 155 jeeps landed,the then Prime Minister Nehru forced the government to accept them. Gobind Ballabh Pant the then HOME minister and the then Government of Indian National Congress announced on September 30, 1955 that the Jeep scandal case was closed for judicial inquiry ignoring suggestion by the Inquiry Committee led by Ananthsayanam Ayyangar. He declared that "as far as Government was concerned it has made up its mind to close the matter. If the opposition was not satisfied they can make it an election issue". 
Soon after on February 3,1956 Krishna Menon was inducted into the Nehru cabinet as minister without portfolio.Later Krishna Menon became Prime Minister Jawaharlal Nehru's trusted ally and the defense minister. No doubt congress has old habit of rewarding persons involved in scams.