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Wednesday, December 12, 2018

Ruling BJP loses in 3 States; long waiting Congress ends its exile

By on Wednesday, December 12, 2018

The congress party in Madhya Pradesh is to near the majority point. According to the votes counting trends till evening, the congress is running ahead on 115 assembly seats; while the numbers of general majority of the 230 assembly seats are 116.
The ruling BJP has won 3 seats so far as shown on trends of election commission websites; while it is running ahead on 103 seats – resulting assembly seats are added to the ruling party, which is 106, short of majority seats 9!
Gondwana Gantantra Party (GGP) and Samajwadi party both has declared their supports to the Indian National Congress, according to the report.

One of GGP and two of SP candidates are running ahead in the state. So the majority statistics of assembly seats in these conditions reach to the 118 which seem that the congress is to form government with majority.
Just so far 3 results have been declared, and these go to the ruling BJP where the BSP on 2, and independent including others are on 4 running ahead.

Former Prime Minister; HD Devegowda
The intentions of making India 'Congress-free','opposition-free' shows the arrogance of BJP. The people have made this nation 'arrogance-free' by voting out BJP. Atleast now, the BJP should put some efforts to make this nation 'problem-free' and stop the unwanted 'travel-spree'.

Monday, December 10, 2018


By on Monday, December 10, 2018

Surgical strike carried out on September 29th, 2016 was meant to be Prime Minister’s moment of glory. Now it looks like a sham. The Indian Army also called it a great success. This operation was shrouded with controversy right from the day one when its video was leaked to the public.
First, there was an intense debate on whether the government should publish videos or photographic evidence of the strike after Pakistan claimed that no such strike had taken place. Similar demands, made by politicians such as Delhi chief minister Arvind Kejriwal, were dubbed “anti-national.” They were projected by the ruling Bharatiya Janata Party (BJP), and some news channels, as questioning the Indian Army itself. This was not as if this kind of operation never happened before, but they were not to be made public.
As part of the government’s policy of “strategic restraint,” the government allowed the army to deal with cross-border actions against Pakistan at an “operational, tactical level.”One of the important national news paper “The Hindu” published a detailed account   of “Operation Ginger,” carried out in 2011. This “strike” was executed to avenge the killing and beheading of Indian soldiers.
During Operation Ginger, Indian soldiers meted out the same treatment to Pakistani personnel across the LoC. Former Prime Minister Manmohan Singh’s national security adviser, Shiv Shankar Menon, added his weight to these claims. Covert operations were not announced to the country because the primary goal was to pacify the LoC and cut down infiltration and ceasefire violations, not to manage public opinion at home.
 By keeping operations covert rather than overt, it was made possible for the Pakistan Army to climb down and for a temporary peace to be re-established.
Defense Minister Manohar Parrikar, had reportedly decided to launch a surgical strike across the border while watching a television live debate and it sounds so ridiculous that it is incomprehensible to any sound bodied person.
 BJP did not lose any time to take its political mileage as some of its leaders in UP started reminding all of us that prime minister’s Modi’s chest is “56 inches wide” and posters also appeared in UP celebrating the surgical strike, juxta positioning the prime minister’s photo with the image of the silent soldier and some handy text threatening Pakistan.
In some of these, Prime Minister was also portrayed as Lord Ram and his Pakistani counterpart as the demon king Ravana.
Party president, Amit Shah, said, “We will go to the people with this issue—because every responsible party should motivate the army.”
 The then Defense Minister, Manohar Parikar, had compared the Indian Army to Hanuman (the powerful monkey god). In the epic Ramayana, Hanuman, who could move mountains, had to be made aware of his capabilities by Jambawan (the bear king) and he also planned a “victory rally” in his home state Goa; but following criticism, he postponed it.


Yesterday (7th December 2018), Lt General (retired) D S Hooda, who was the Northern Army Commander in September 2016 when Indian troops carried out surgical strikes on terror launch pads along the Line of Control in the wake of the Uri attack, said the “overhype” of the strikes did not help and “it is not good” when “military operations get politicized”.
 He was speaking in a seminar on the ‘Role of Cross-Border Operations and Surgical Strikes’ at the ongoing Military Literature Festival and he further added that, following the surgical strikes, there were accusations that the issue had been politicized, that there was an “attempt to keep a purely military operation in the political domain by selective leaks of videos, photographs etc”.
He did not stop here and said, “Did the overhype help? I say, completely no. If you start having political resonance in military operations, it is not good. There was too much political banter, on both sides, and when military operations get politicized, that is not good.”
On the possibility of the strikes impacting the thought process of decision-makers in future operations, the former Army Commander said “if you hype a successful operation, then even success has its burden”. He further added that Indian army will think twice next time (what) if there are casualties because it has been so overhyped, and politicized. 
Have we ever thought that what happens if it does not have the same level of success? It may impose some caution in future. If the country had done it quietly, it would have been much better. The strikes were purely tactical in nature with short-term goals and of no strategic value to deter the Pakistan Army from backing future terror attacks. 
The retired general summed it up at the end that when his team was planning it, there was no thought in their mind that Pakistan would stop doing Uri-like incidents.
The conclusion of his talk is very clear and a very straight message has been sent about this government’s Pakistan policy, “As we all know that the aim of the strikes could have been fulfilled through artillery fire. We had had massive artillery duels, but it was not helping.

Monday, December 03, 2018

'Kala Ke Rang Kumbh Ke Sangh' workshop organised at DSMNRU Lucknow

By on Monday, December 03, 2018

Artists from different part of India are  in 3 days workshop at DSMNRU fine art faculty
Professor Rajendra Singh and Professor Avdhesh Mishra
Kshitiz Kant and Shubhra Singh;Lucknow
Kumbh Mela is a mass Hindu Pilgrimage of faith in which Hindus gather to bathe in a sacred or holy river traditionally. 4 fairs  are widely recognised as the Kumbh Melas; namely, the Haridwar Kumbh Mela, the Prayag Kumbh Mela, the Nasik, and the Ujjain. These 4 fairs are held periodically at one of the following places by rotation: Haridwar, Prayag, Nasik and Ujjain. The main festival site is located on the banks of a river- the Ganges(Ganga at Haridwar; The confluence(Sangam) of the Gangees and Yamuna and the invisible saraswati at Prayag; The Godawri at Nasik; and the Shipra at Ujjain. The holy dip in these rivers is thought to cleanse a person of all their sins The Kumbh is held once in 12 years.
The origin of this festival is found in the ancient legend of Samudra Manthan. The story is very intresting and tells the battle between the Devas and Asuras for the drink of immortality.
One of the major event of the Kumbh Mela is the Peshwai procession (Nanga Sadhus)who take holy dips, which makes the arrival of the numbers of an Akhada or sect of Sadhus at the Kumbh Mela. The major event of the festival is the ritual bathing at the banks of the river in which town Kumbh Mela being held.
Kumbh mela is to be held next month in District Praayag Raj (Old Name Allahabad); in this connection the whole story of Kumbh is being displayed by paintings on the wall of central Jail Naini. This project is named "Paint My City". The Government of Uttar Pradesh will have to art painting made on the area of 20,000 sq meter outside the wall of main gate of this jail, for this can be recorded in Genis book of world record.  "The Bunt Line" team visited Sakuntala Misra Rehabilitation Univirsity Lucknow on Sunday afternoon where an all India camp for the painting held in the faculty of fine art at University Campus.
 An assignment with the central idea or theme that based on 'Kala Ke Rang Kumbh Ke Sangh' in this camp workshop was given to the participants, which is going on . 47 of the 50 invitees were present here. Many of them are from Assam, Gujarat, Maharashtra, Delhi and different part of UP in this camp, who were apprised to the team for their artworks by Shubhra Singh at university hall Block A1.
Ms. Shubra Singh introduces and makes many participants talked of their works to the team. 

Saturday, December 01, 2018

'Jansatta' new party for equality in UP; in nation: Raghuraj Pratap Singh

By on Saturday, December 01, 2018

It is surprising that Shivpal Singh Yadav's ongoing rift in family caused the declaration of a new party a month ago; and following this formation, a new party declared in Uttar Pradesh by Raghuraj Pratap Singh shows some new political equation again in the coming Lok Sabha election 2019.

The political scenario is approaching towards the polarization of votes bank of OBC & General. What impact shall be on next parliamentary election-2019 of these new emergence is to be reckoned; and it may be the turning point for the national level parties.
Independent MLA Kunda in Uttar Pradesh, Mr Raghuraj Pratap Singh nick name Raja Bhayya, on Friday began his party with all the Omen  and has said in his inaugural speech addressing to the gathering in Rama Bai Maidan Lucknow that his party will fight for the ethnic equality of all communities. Many people may say him against and the anti-Dalits in the forth coming days, but he is talking only for equality.
In the rally organized on the occasion of his 25 years completion in politics, Raja Bhayya said, “We will fight for the equality of all religions and castes. The laws for SC & ST Acts have been revised years -by- years and made it more complicate. All the parties, after being termed it illegal by the apex court, became unite to reconstitute this law in parliament.”

He posed question and said, “Why have the separate rules of compensation on murders and rapes for the different castes. We will begin a fight for equality; we are against the reservation in promotion.”
He added, “After selected the name -- Jansatta Dal, Jansatta Party and Jansatta Loktantrik Party -- he has filed documents for the registration of a new party; subsequently, the executive-body shall be constituted. The membership campaign shall be started and manifesto of party shall be declared then. He alleged that all the political parties are constantly continue to divide the society on the basis of caste and region while the people want unity and fraternity. Raja Bhayya has been on the minister posts in UP during the regime of Kalyan Singh, Akhilesh Yadav and Raj Nath Singh.”
A huge crowd in Rama Bai Maidan was present on Friday noon; the people from different community from different districts of Uttar Pradesh were sat to hear the speech of Raghuraj Pratap Singh. They were shouting slogans: Jai Raghuraj, Jai Raghuraj; and the written ‘Jansatta’ caps were on people's head.

Tuesday, November 27, 2018

Congress condemned third party interference in J&K issue

By on Tuesday, November 27, 2018

Congress has alleged the BJP led Union Government to subvert the country’s 71 years old policy adopted for J&K issue. Mr Randeep Singh Surjewala said on Monday: having given third party mediation on this issue, the government is playing with the national security. In a press conference he said, “you may have read today in the news papers. Where has Modi Ji sent first time the former prime minister of third country – to talk with the separatists of J&K; Why?... Should this question not be posed here?

Randeep Singh Surjewala was pointing out toward the Norwegian former Prime Minister Kjell Magne Bondevik who had met with the separatists’ leader of J&K on Friday last week. He said, “It had been Indian policy that we never allowed the mediation of third party on the issue of J&K. the border issue of Indo-Pak shall be negotiated by the countries through the bilateral talk. We cannot accept the talk of third party whether it may be America, Russia or any other country.
He added, “Today the former prime minister of a country is going to hold talk; America can say to interfere on J&K dispute tomorrow; and China, Russia both shall stand for future. What is going on? It is a awful compromise with the national security.”

Monday, November 26, 2018

Ayodhya again with Ram Bhakt; but peacefully!

By on Monday, November 26, 2018

Ashis Kumar Singh;Ayodhya
The convened Dharma Sabha on November 25 at Ayodhya for the construction of Ram Mandir after the demolition of Babari Maszid in 1991 became the place of surge of people. About 4 lakh people reached there on call for the warning to the government to clear the roadmap for the temple construction.
Many Hindus on this occasion to show the strengths of their pious devotion reached and participated in Dharma Sabha. No sporadic untoward incident has been officially reported.
The over-crowded people were shouting slogans (Jai Sri Ram) at Parikrama Marg Bada Bhakt Mall.
Addressing the crowd, the member of Dharma Sabha said, “ Ramlala was mine; we want acquisition of all land at temple site; a bit of land shall not be left for Muslims.”
the BJP national president in a media statement has said, “if it had been in my power, Ram temple would have been constructed.”

Sunday, November 25, 2018


By on Sunday, November 25, 2018
Populations of three resident Gyps species (Indian white-backed vulture Gyps bengalensis, Indian vulture Gyps indicus, and Slender-billed vulture Gyps tenuirostris) in India have decreased by more than 90% since mid 1990s, and they continue to decline. Experimental studies showed the mortality of vultures to be due to renal failure caused by diclofenac, a non-steroidal anti-inflammatory drug. India, Pakistan, and Nepal banned the veterinary usage of diclofenac in 2006 to prevent further decline in vulture population. 
 This was confirmed after a study was carried out to know the current status of the impact of diclofenac on vultures in India. Between 2011 and 2014, 44 vultures comprising two species, namely Indian white-backed vulture (32) and Himalayan griffon Gyps himalayensis (12) were collected dead from Gujarat, Assam, and Tamil Nadu on an opportunistic basis. Kidney and liver tissues and gut content were analyzed for diclofenac. Of the 32 dead white-backed vultures analyzed, 68.75% of them had diclofenac ranging from 62.28 to 272.20 ng/g. Fourteen white-backed vultures had diclofenac in kidney in toxic range (70-908 ng/g). Of 12 Himalayan griffon studied, 75% of them had diclofenac in the range of 139.69 to 411.73 ng/g. Himalayan griffon had significantly higher levels of diclofenac in tissues than Indian white-backed vultures. It is possible that 14 of 29 white-backed vultures and 9 of 12 Himalayan griffons included in this study died due to diclofenac poisoning (K Nambirajan 2018). Yet in another studies the effectiveness of the ban of diclofenac was carried out as this drug was banned in the month of May 2006. To evaluate the effectiveness of the ban surveys of > 250 veterinary and general pharmacies in 11 Indian states from November 2007 to June 2010 were undertaken. Twelve different classes of non-steroidal anti-inflammatory drugs (NSAIDs) were purchased from 176 pharmacies. Other than meloxicam (of negligible toxicity to vultures at likely concentrations in their food), diclofenac and ketoprofen (both toxic to vultures), little is known of the safety or toxicity of the remaining nine NSAIDs on sale. Meloxicam was the most commonly encountered drug; sold in 70% of pharmacies, but 50% of the meloxicam brands sold had paracetamol (acetaminophen) as a second ingredient. Diclofenac and ketoprofen were recorded in 36 and 29% of pharmacies, respectively, with states in western and central India having the highest prevalence of diclofenac (44–45%). Although the large number of manufacturers and availability of meloxicam is encouraging, the wide range of untested NSAIDs and continued availability of diclofenac is a major source of concern. Circumvention of the 2006 diclofenac ban is being achieved by illegally selling forms of diclofenac manufactured for human use for veterinary purposes (Richard Cuthbert and Ruchi Dave 2011). Therefore,we can reach to a safe conclusion that despite we have a ban on the drug its ban is neither enforced nor its circumvention is prevented successfully.
Long considered harbingers of death, vultures, nature’s scavengers, are perched on the brink of extinction themselves. Efforts are being made in India to bring them back. But with mixed reports of success, we are a long way off yet. According to our census, we had estimated 40 million vultures in the 1990s, which declined by 99.9% in 2007. By 2015, the vulture population showed some sign of improvement but still very critical and their population is still very small, just a few thousand. As per the Ministry of Environment, Forest and Climate Change (MoEFCC), there are nine species of vulture found in India. Out of these, four are critically endangered and require urgent attention. The population numbers for these four are still dropping at an alarming rate of 97-99 percent.
In an effort to save the existing population and increase the numbers, the MoEFCC launched a Vulture conservation India in 2006. Its primary recommendations included a ban on diclofenac, a common veterinary drug for cattle that proves fatal for vultures, and establishment of breeding centres modelled on the Jatayu Conservation Breeding Centre (JCBC) in Haryana.
Unfortunately, not all has gone according to plan. Although seven new breeding centres were established, JCBC remains the only one with successful breeding of the endangered vulture species in captivity, ready to be introduced in the wild. The Nehru Zoological Park in Hyderabad started with five vultures (two males and three female), and later procured six more birds (five male and one female). However, only one pair has mated till date. All attempts have led to unfortunate ends. Eggs have fallen from the nest, proven to be infertile, and when hatched, the chick did not survive. The fact that vultures are slow breeders and lay only one egg at a time proves to be a further impediment to the process. The Hyderabad Park is not the only one. Plans for a new breeding centre in Maharashtra folded up after rounds of plans and discussions due to lack of space and funds. Similar challenges have been reported by Rani Vulture Breeding Centre as well. About 50 vultures died in the Pani Dihing Wildlife Sanctuary in 2015, and 32 birds were found dead this year in March. Although the centre is ready to release 30 adults and sub-adults in the wild, their plans are getting delayed due to the still-available vials of diclofenac.
At the Jatayu Conservation Breeding Centre (JCBC), in Pinjore in Haryana, near Chandigarh, scientists are training eight captive born white-backed vultures to live in the wild. Ornithologists at the centre located within a wildlife sanctuary are preparing the second generation of vultures born and bred at the centre for a soft release by March, when they should get the imported satellite transmitters that will be tagged on to the birds to track their movement. The soft release entails taking the captive-bred birds to a bigger area, where they can mingle with wild vultures. The eight vultures will then be monitored for two years and if no drug-related mortality is found in them, the scientists will release another 20 pairs of vultures into the wild. Vultures are big and slow-breeding birds with a lifespan of 40 to 45 years. They pair for life and start laying eggs when five to six years old, although only about half of them reach adulthood. Birds less than a year old were collected and it five to six years before actual breeding was started. The success story of this centre will certainly be neutralized with the diclofenac being available in the market in one form or the other.
We all know that drug-related mortality has been the principal cause of wiping out almost all of India’s vulture population but we are not able to contain it. Until a few decades ago, Indian white-backed vultures were the largest group of scavenging birds on the planet. Today, they have the distinction of being the species with the most rapid decline in population in recorded history. Dr Vibhu Prakash(BNHS) While working on his thesis at Keoladeo National Park in Rajasthan, kept track of the number of vulture nests found that there were 353 nests in a small area of 29 square km in 1987 but in 1997 when he came back he could only find 150 nests. In the year 2000 he found no nest in the sanctuary area. After Dr Prakash flagged the disappearance of the vultures, scientists found out what was killing them: the birds were dying in large numbers due to kidney failure. The internal organs of dead vultures were covered with a white paste of uric acid. The cause of the kidney failure was a mystery that was solved by a team of ornithologists led by a US scientist. They found that diclofenac, a painkiller drug used to treat sick cattle, poisoned the vultures that fed on the carcasses of these animals.
Diclofenac is toxic to vultures even in small doses, causing kidney failure. Those results in uric acid accumulating in the birds' blood and crystallizing around their internal organs, a condition called visceral gout. In Europe, diclofenac has been approved for veterinary use since 1993. In 2014, the European Medicines Agency acknowledged that vultures are at risk of consuming residues of the drug in dead livestock, but did not recommend banning. In 2015 the European Commission decided to follow the EMA’s recommendation, leaving it to EU members to prevent diclofenac-laced carcasses from entering the food chain. But in 2012, a dead vulture discovered in Spain was found to contain high levels of a similar drug called Flunixin indicating that another non-steroidal anti-inflammatory drug in veterinary use in Spain which should not have been in the food chain.The impact of diclofenac on the vultures was devastating. According to mathematical models prepared by Cambridge University showed that the presence of diclofenac in even less than 1% of the carcasses in the country would be enough to endanger the entire vulture population. Diclofenac residue was found in 10% of the carcases before India banned the drug. In 2015, the government banned multi-dose vials of diclofenac and restricted the ampule size for human use to 3 ml. However, the drug is said to be still used illegally and even today, about 2% of the carcases are estimated to carry diclofenac. In one of the studies carried out about the impact of dosage of  toxicity of diclofenac to a Eurasian (Gyps fulvus) and an African (Gyps africanus) species, neither of which is threatened. A dose of 0.8 mg kg−1 of diclofenac was highly toxic to both species, indicating that they are at least as sensitive to diclofenac as G. bengalensis, for which we estimate an LD50 of 0.1–0.2 mg kg−1( Gerry E Swan 2006)
Vultures play a critical role in keeping the countryside clean. Along with lesser scavengers such as jackals, hyenas, dogs, crows and kites, vultures play a key role in disposing of the carcasses of wild and domestic dead animals. Their sheer numbers ensured that no decaying carcasses remained long enough to spread diseases and contaminate the soil and water. In the absence of vultures, the dead body of cattle acts as media for the bacteria and the fungus to grow and multiply in millions and go into the soil, water and cause diseases. The vanishing vultures also led to an increase in the numbers of other animals of prey animals like rats and dogs. We have observed the growth of an entire generation of stray dogs that feeds only on carcasses and this increases the risk of spread of rabies, and livestock borne diseases like anthrax.
Apart from captive breeding, BNHS and other entities have implemented a range of measures to save the vulture. These include the setting up of vulture safe zones, which are diclofenac free areas with a radius of 100 km and at least one nesting colony. Work is going on to set up eight such zones in India. While the use of safe veterinary drugs is continuously advocated, carcass sampling is undertaken across the country to monitor for the presence of diclofenac. Forest departments in some states and a few NGOs have taken up initiatives for vulture conservation. The Gujarat forest department carries out a vulture census every two years. The survey showed the number of vultures declining to 1,065 in 2010 from 1,431 in 2007. The latest census completed in May is yet to be made public.  The Maharashtra forest department has set up vulture ‘restaurants’ in Gadchiroli, Nashik and Raigad. These ‘restaurants’ are set up mainly to provide enough and safe food for vultures.
Still, ornithologists are hopeful about bringing back the vultures, with enough examples of birds and animals brought back from near extinction in India and elsewhere. The pygmy hog, the smallest wild pig in the world that’s found in the grasslands of the Terai region, was thought to be extinct. With conservation efforts, their numbers have now increased to a few hundred. The Mauritius Kestrel was once considered the world’s rarest bird, with only four known to exist in the wild by 1974. However, with conservation, their numbers have increased to a few hundred now and the bird is out of danger of extinction, although still h classified as endangered.

Friday, November 23, 2018

Insecure building collapsed in Lucknow

By on Friday, November 23, 2018
Photo by Kshitiz Kant

The insecure building, where the construction work was going on, collapsed suddenly on the ground in Lucknow Gomti Nagar on Thursday afternoon this week.
There is no report of any casualties, but how many workers are trapped under this debry, is unconfirmed?
The report says about six people came out safely from this building, but none of the escaped was present at the accident spot, whose statement could be recorded.
LDA, SDRF, Civil Defence and NDRF teams are continued carrying rescue operation to  remove the debris of this building.
The owner of the building, Mr. Ashok Pandey, was present  and was trying to help to the teams which were carrying the rescue operation there.
According to the eye-witness, an explosion before this collapse took place, but  no official statement in this connection issued.
The inside damage of this building is yet to be assessed, but the adjacent building which was a paediatrics hospital caught fire, which faced incidental damages.
The building is in residential construction area on (plot no. 5/21) in front Jeevan Plaza at Husadia intersection which was being reconstructed for the commercial purpose. It is noticeable that the LDA allots to the needy persons the constructed house that cannot bear a heavy load on it.
The Police claimed that the construction work was remained closed for the past few days. As the work began here, seeing the collapse 5 persons narrowly escaped coming out of the building.
The LDA officer has said that the building has been allotted to Mr. Harshit Pandey in 1998. The third floor of this building was constructed on its old building by insecure way. The Fourth floor work was going on here, which had been remained closed for past many days, they claimed. The LDA was intending to demolish this building. However the demolition order is two years old, which was to take the action till the accident took place..

Thursday, November 22, 2018

Rafale deal is black with black lentils: Manmohan Singh former PM

By on Thursday, November 22, 2018

Image result for manmohan singh
In the knotty wrestling of Madhya Pradesh Assembly Election, even former Prime Minister, Manmohan Singh, is in fray. Dr Manmohan Singh targeted Prime Minister Mr Narendra Modi and the Chief Minister of state, Mr Shiv Raj Singh Chauhan in a press conference on Wednesday. He twitched both the leaders on the demonetisation, Rafale deal and the issues of farmers. He said the demonetisation was a big failure. The government did not achieve its any promise during its tenure what it had done with the people.
He said: by which request the demonetisation was imposed none of these have yet been begun – neither the black money returned, nor terrorism- naxalism could be ended. He added that the demonetisation was like a planned or mess loot.
The former PM said that Rafale case is a big scam. There is big manipulation in this deal (black with black lentils). There must be JPC to enquire this deal. He said that the Modi government had promised to employ two crore candidates, but the target is yet to complete.
He said the PM had promised that every account would be credited with the Rs 15 lakhs, but it had not been so. He slammed Shivraj Singh government and said, "there are many problems of farmers in Madhya Pradesh. The state government has failed to redress the problems of farmers. The state faced a big scam like ‘Vyapam Ghotala’."

Monday, November 19, 2018


By on Monday, November 19, 2018

By Umashanker Singh; IFS, PhD  
Majority of us probably may not be knowing as yet that how many central schemes do we have in our country as various Government Schemes have been launched since 2014 for the welfare of citizens of the country; but we are not sure that how far have we gone in to it and its impact assessment requires to be done by any independent agency in order to bring about transparency. These schemes can be operational at the State level, Central level or at, Central and State both.
I was surprised to see that Government of India has launched as many as 83 schemes till date, but have not found any noticeable impact on the economy. Demonetization was one of the schemes launched on the fateful evening of November the 8 th, 2016. This yet more surprising to all of us that why central government did not celebrate the second anniversary of demonetisation, one of its biggest policy initiatives while it has celebrated the anniversary of all other big policies? Why this step motherly treatment to one of the Prime Minister Brain child?
The stated objective of the demonetisation by the prime minister was as below:
1-The most important objective of the demonetisation was to eradicate black money from the Indian economy.
2- To lower the cash circulation in the country which "is directly related to corruption in our country,” according to Prime Minister.
3-The third most important objective was to eliminate fake currency and dodgy funds which have been used by terror groups to fund terrorism in India.
When it appeared to the government that bulk of illegal currency might return to the banking system, it began shifting the goalposts by adding new objectives of demonetization move. 
Hence, policy objectives such as promoting digital transactions and taking country towards a “cashless” economy (subsequently modified to a “less-cash” economy) were added later. The goal to make India a cashless economy seems more as an afterthought plan. These objectives, despite desirable, were not listed in the earlier official notifications. 
Now the interesting fact is something else which did not come out at the time of demonetisation. The Minutes of the RBI Board Meeting on November 8, 2016, that recommended demonetisation had made it clear that demonetisation was not the way to tackle black money or counterfeit currency. 
Thus, two of the main objectives that were emphasised in the PM’s announcement on demonetisation were undermined the very day the policy was announced. No wonder, soon after it became clear the money was flooding into the banks, the government started talking of a cashless economy and later on it was said that these deposits would create a paper trail and black money generation would become difficult .
Initially, there was a spurt in the use of electronic means of transactions; but this pace could not be sustained as more currency became available. The country had anyhow been slowly moving toward a less cash economy prior to demonetisation and this has continued. 
It was said that the government would restrict currency in circulation to less than what existed on November 7, 2016. But now the currency in circulation is about 10 per cent more than the Rs18 lakh crore that existed prior to demonetisation. To be fair, it is less than what it would have been if the increase in currency in circulation had continued at the pace prior to demonetisation. Now the finance minister has cited three achievements of demonetisation namely,
Increase in currency in circulation had continued at the pace prior to demonetisation. Now the finance minister has cited three achievements of demonetisation namely,
1-    An increase in digital transactions.
2-     Expansion in the tax base with more people paying taxes.
3-    Thirdly, the creation of paper trails that will make it difficult to generate black incomes in the future.
Interestingly, echoing the RBI Board, he said confiscation of currency was not an objective of demonetisation. The line earlier was that black money, held in the form of high denomination notes, would not return to banks since that would create paper trails. The then Attorney General had told the Supreme Court that Rs 3 to 4 lakh crore would not return to the banks.
 Soon it became clear that all the money would come back since those holding black money had worked out ways of converting their old notes to new notes. The government then started saying that was good since the people who had deposited large sums of money could be investigated.
 Now try to understand how the government is trying to hedge its failure of a decision which has ruined many of us in term of economy. The government has issued about 18 lakh notices to those who had deposited more than Rs 5 lakh into their bank accounts.
However, there is a misperception that equates cash with black money. Cash is needed by businesses as working capital and households keep cash in hand for transactions and as a precaution against contingency. So, a petrol station may have deposited Rs 20 crore in the demonetisation period of 50 days, based on its daily collections. This is not black money. Most of those who deposited large sums of cash would have worked out how to show the deposits as cash in hand in their balance sheet. So, it would be difficult for the tax department to prove that the money deposited was black.
Finally, data shows that the department does not have the capacity to audit so many accounts, in addition to the usual audits it conducts and most importantly despite the facts being otherwise, the government keep saying that they have taken action against people having black money and income tax law will take its own course in due time.
Yes, the number of returns being filed and tax being collected have increased. But, the direct tax to GDP ratio has hardly increased compared to the pre-demonetisation period. The black economy is more than 60 per cent of the GDP and even if 10 per cent of it had come into the tax net, it would have yielded 2 per cent of the GDP as additional tax collection. This has not happened.
Even when we consider collection of direct taxes within the country, there seems to be a broad correspondence between levels of per capita income and per capita tax collections. As the chart below shows, the richest states of the country—Delhi and Maharashtra—lead the league tables in terms of tax collection. Some of the states with the lowest per capita incomes—such as Bihar and Uttar Pradesh—tend to contribute lower amounts of direct taxes (in per capita terms).
Thus, the most potent solution for raising India’s tax-GDP ratio is to raise economic growth and average incomes. India’s recent economic history also bears testimony to this finding. As the chart below shows, tax-GDP ratio of the country rose the fastest during the boom years of 2002-08. It is well-known that 67 per cent of those in the tax net file either nil return or very low returns. The effective number of taxpayers has always been low in India. Even in the case of GST, the FM is on record saying that 5 per cent of those under GST pay 95 per cent of the tax.
Further, he has lamented that even though 1.1 crore have registered under GST, only about 67 per cent pay tax. The spurt in filing of returns is partly due to the fine being imposed from this year for late filing. So, many more have filed returns in time. Earlier many waited till March 31 to file returns. The numbers have also increased because of the increase in salaries after the implementation of the Seventh Pay Commission report.
However, most of the increase will be in the category of those who have just entered the tax net. So, the increase in tax collection will not be much. The increase in the number of those who filed tax returns is a result of other factors, and only marginally due to demonetisation.
Increased digitisation could have been achieved without causing pain to the economy. Nigeria has a low cash GDP ratio but a big black economy. Japan has a high cash GDP ratio but a small black economy. So, digitisation does not necessarily check black income generation. Finally, formalisation does not help reduce the black economy since the informal sector hardly generates any black incomes. Most incomes in this sector are way below the taxable limit which is rather high in India at three times the per capita income— with concessions and deductions it can be five times the per capital income.

Regulating the Regulator

By on Monday, November 19, 2018

By Akash Verma; Bangalore
With the passing of the first month of Q-3 FY 2018–19 much had been said and heard between the sovereign Finance Ministry and the Central Bank (i.e Reserve Bank Of India).The tussle, indeed no denial, has been persisting between the two bodies for quite some time now; but the way it had begun into such an ugly cold war face and turned out to be a hard pill that could not be swallowed. The question now to ponder upon is what actually had gone wrong that it led to such a high-level blame game.
RBI though formed under the ambit of the Reserve Bank Of India Act, 1934 has been functioning comprehensively since then, has never given the status of CONSTITUTIONALLY INDEPENDENT authority albeit evolved overtime a fully autonomous bodies subsuming the functionalities of regulating the capital markets & banking sector, chalking down the Monetary Policies, balancing the exchange rate and keeping the inflation under permissible limits.

Finance Minister Arun Jaitley (Left) and RBI Governor Urjit Patel (Right)

On the other spectrum Ministry Of Finance, under the constitution of India, has all the sovereign rights by virtue of being chaired by the elected members unlikely the nominated members of the Central bank, had never failed any chance to up the ante in the matters, falling in the intersection, of the two bodies; specifically concerning the financial and economical parameters of the country.
The tussle between the Ministry of Finance and the RBI had gained momentum when the strict PCA (Prompt Corrective Action) Norms was imposed by the RBI onto the 11 state-owned banks to put a lid on their excessive lending to certain sectors; this lending resulted in a liquidity crunch.

The brat of which is faced by the Central Government because of their political inclinations and the upcoming general election of 2019 by hampering the vote base from the corporate sector.
As a result of this, Union Government wants RBI to ease down the PCA norms citing that the accumulation of the NPA (non-Performing Assests) is due to the latter’s lack of vigilance and the Global Financial Crisis, which results to the growth of NPAs amounting to 10 Trillion Rupees spanning in the post GFC regime (2008–14).
On the other hand RBI via PCA had drafted a very comprehensive frameworks of AQR (Asset Quality Review) and CRILC ( Central Repository of Information on Large Credits), which act a primitive measure of keeping track of the financial health of the banks under consideration, is quite stern on its stance to not dilute the PCA Norms.
Viral V. Acharaya, Deputy Governor RBI
This cold war assumed a shoddy face when Deputy Governor of RBI ,Viral Acharya while delivering A.D Shroff Memorial Lecture in Mumbai on Oct 26 passed a strong statement in public “The risks of undermining the central bank’s independence are potentially catastrophic. Governments that do not respect central bank's independence will, sooner or later, incur the wrath of financial markets, ignite economic fire, and come to rue the day, for they undermined an important regulatory institution”.
The repercussions of which had made the Ministry of Finance to issue letters to the central bank invoking the Section 7 of the RBI Act,1934 which gives authority to the Govt Of India to seek consultation with board of directors of the latter and in the matter when the parties doesn’t reach to a common ground, it will give precedence to the Govt.Of India to act as the proxy to the Central Bank superseding all the regulatory authorities bestowed on the Central bank under the RBI Act.
Bombay Stock Exchange,Mumbai
It is a matter of grave concern to even foresee the implications which if Article 7 of RBI act,1934 exercised by GoI giving directive to RBI, as it will dilute the regulatory authorities of the central bank which will cast a negative shadow on the financial market of the nation and hamper the investor’s confidence. It will be in the interest of the financial stability of the nation that both the parties should converge to a common resolution and act jointly to sail through it amidst the atmosphere of global tension lurking in the background.

Thursday, November 15, 2018

Muslims may leave Ayodhya before November 24

By on Thursday, November 15, 2018

Mr Mohammad Iqbal, plaintiff in the matter of Babri Mosque and Ram Janam Bhaumi dispute, has warned the local administration that the Muslims can leave Ayodhya in the wake of crowd arrival in a scheduled progarme by Shiv Sena and Vishwa Hindu Parishad on November 24-25.

It is noticeable that Shiv Sena, Vishwa Hindu Parishad, International Hindu Parishad and RSS—all are to reach at the disputed place for the purpose of Ram Madir that has comprised arrival of Shiv Sena Chief at Ayodhya  in person for a holy sight of Ramlala.
According to the sources, the main Hinduvadi organizations including saints in large numbers have begun the preparations to march Ayodhya. The people and the saints in large numbers are following the preparation to reach there.
Iqbal said, “It is apprehended that the surge of crowd on November 24-25 may be overcrowd, exactly as it was on December 6th, 1992. Not only Babri Mosque was demolished then, but also many worship places were ransacked; many houses were set on fire."
Iqbal added, “If his and other Muslims were not assured for the security here, there is no way except to leave Ayodhya.”