Violent beating by lathi to dalits in
Gujrat, all we watched in media. Just two days after, in
the parliament a sexist and derogatory remarks to Mayawati by BJP vice
president Dayashankar Singh. It also reminds us Rohit Vemula suicide. It is
evident the way protest and resentment all over India are raising, BJP has to
ponder on the strategies that Modiji is constantly repeating in India and abroad(as he mostly remain in
outside India).
It is very soothing to hear when BJP and
RSS say “Dalit Mukt Bharat”. Do they mean that Dalit has to be removed the way
the dalits are facing atrocities.
Instead of discussing in Parliament in both the houses, the houses are
adjourned on account of hue and cry by
the Hon’ble MPs who raised their pay four
folds.
2.Seventh pay commission is a sop to
satisfy the bureaucrats and bring them into the Govt. fold. Funeral allowance,
haircut,robe, assisting cashier,shoe,lace,toilets whatnots, so many panoply to
face the price rise. It means officers will do whatever odd the ministers like. Only
when such panoplies are necessary for army to save their life, e.g. vest for
bullets protection.Such vests are of poor quality cannot endure the
stones thrown onto them.
3.A trial court granted interim bail to
graft accused public servant B.K.Bansal to attend the last rites of his wife
and daughter allegedly committed
suicide. Court asked CBI to ‘rethink’ whether it was necessary to arrest the
accused in such cases. Modi Sahab in the name of clearing the corruption handed
over a stick to caged parrot and to vigilance commission..
4. Banks will lend is a natural process to
earn income. Prior to the prudential norms and core banking solution, most of
the officers promoted in the ladder mostly did advances that went wrong and had not been declared as NPA. Only showing
their positive performances they were being promoted. Their deeds were not
judged properly. Some of them placed in the chair of Chairman.
5. Now after prudential norms came into
force alongwith core banking solution,
the Indian borrowers were not habituated with the discipline of three months
norms of payment of dues and as such
after 2010 a huge number of accounts turned NPA. Bank was neither prepared to
combat those mayhem nor could swallow the huge amount NPAs. Only then recovery
process was strengthening. It has been found the Bank’s appraisal norms,
searching of land by the lawyers for creation of mortgage and norms of taking
of other assets were faulty. Instead of taking pragmatic view Bank issued
numerous circulars and tightening the norms to make liable the officers who
dealt with the proposal.
6.. The most interesting part, when in coal
scam, Telecom scam, and others ,it is found that alongwith bureaucrats,
ministers are under the scanner and held liable for investigation, the Bank
where crores of loans are sanctioned by a group of officers have escaped the liability as they sanction it
under committee norms.There are series of norms, Bank’s circulars are
violated by the management has not come
under the purview of investigation.
7.The ‘witch haunting’ of officials of PSB
unleashed by various agencies e.g.CVC and the CBI is largely responsible. PSB
Officials work under fear for a long time.The Centre can resolve the issue by
taking some pragmatic steps.
8. Mr.M.Narshimam former Governor of RBI
said “ The vigilance manual now being used has been designed mainly for use by
Govt. Departments and public sector undertakings. It may be necessary that a separate vigilance manual which captures
the special features of banking should
be prepared for exercising vigilance supervision over banks.”
9. Mr.R.Viswanathan, Deputy managing
Direcctor of SBI, said” Indian PSBs would perhaps be the only banks in the
world where the lending decision of its officers are examined well after some years by
government official who might not
granted a single commercial loan in their entire lives. On that basis PSBs are
asked to initiate penal action against an official whose track record may have
been otherwise exemplary.”
