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Posts Tagged ‘Pseudosecularism’

Air India and Hydrocarbon losses – “Honest” PM Manmohan Singh

October 22, 2011 Leave a comment

“Honest” PM Moneymohan Singh in action yet again. For an economist, seems surprisingly ignorant of profit/loss economics when it comes to serving the CONgress party. But wait! Profit for the party and loss for the country!

On December 30, 2005, the United Progressive Alliance government moved uncharacteristically fast. Prime Minister Manmohan Singh concurred with a note sent by a select group of ministers on a commercial contract on the very day it reached his office.  Soon after, the aviation ministry under then minister Praful Patel informed the national carrier Air India about Singh’s decision. Air India promptly acted on it – all on the same day.

This contract was a Rs 33,197-crore deal Air India , signed with Boeing and General Electric to buy 50 planes. The sequence of events on that winter day is marked in red in a recent audit report of the aviation sector by the Comptroller and Auditor General, or CAG.

As it turned out, the plane acquisition deal triggered Air India’s nosedive. At the time of the deal, the airline was still in the black, with a net profit of Rs 96.3 crore on an income of Rs 7,630 crore in 2004/05. The airline had a Rs 1,801 crore balance sheet, of which debt was Rs 1,262 crore. Five years later in 2009/10, it would report a loss of Rs 5,552 crore – about twice the size of Sikkim’s economy – on an income of Rs 13,402 crore, along with a staggering debt of Rs 38,423 crore.

The single-day clearance is one of a number of dubious government decisions highlighted by the report. Similar revelations have also been made in another CAG report on the hydrocarbons sector. Both strongly criticise the government’s functioning, pointing out failures and systemic flaws in its processes.

http://businesstoday.intoday.in/story/cag-report-indicts-civil-aviation-and-hydrocarbons-sectors/1/18990.html

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CBI names Vir Sanghvi and Barkha Dutt in 2G scam investigation

This column has repeatedly stressed that the Indian English Language Media is at its vociferous and foul mouthed best only when selectively taking on the likes of the BJP or the Sangh Parivar or Hindus in general. That the same treatment is not reserved for the Pseudosecular Congress or its myriad incarnations makes one suspect the agenda of the media. In a recent investigation (if it indeed is verified to be authentic), the CBI names Vir Sanghvi and Barkha Dutt as being involved with Niira Radia.

Barkha Vir tata


Karan Thapar advocates “sudden removal” of Modi

December 31, 2007 7 comments

Now that the BJP has won two elections in thumping fashion in less than a week, the spittle flowing down the faces of the media-mafia has turned to a steady dribble. That the BJP still remains an illegitimate party with an inexplicable existence in the minds of the media cartel, shows handsomely throughout Thapar’s fulminations in this venomous hate filled article titled “Modification of Politics”. After going through a rather short list — consisting of exactly one person, of potential UPA leaders to rival Modi, Thapar quickly zeros in on his final choice of that person — madam Antonia Maino nee Sonia Gandhi.

All that Sonia needs in Thapar’s room temperature IQ’ed thinking, is to exhibit strong personal leadership and integrity, exhibit robust nationalism, stress on development and finally “articulate ideas that catch like fire”. As simple as that. That is the clever and simple Thapar formula to counter the evil BJP. Hard to believe that this squeaky voiced weasel actually succeeds in bullying various politicians on his show “Devils Advocate” which Modi walked out of a couple of months ago after being repeatedly called a mass murderer by Thapar. Such accusations of an elected official who has not been indicted would not be possible in any other society on earth other than in India, where Hindu bashing is an essential requirement to pass off as a “liberal”.

Given that the BJP might come back to power, Thapar plays Congress coach in this article and urges his pseudo-liberal minions to join Sonia in the coming Armageddon with the BJP. An iota of this resoluteness cannot be seen from the English language media-mafia when dealing with Islamic or Naxal terror which kills and maims on a regularly basis, or Christian terror in the North East.

Thapar delivers the coup de grace with a call for the “sudden removal” of Modi. Thapar and his pseudo-liberal ilk would happily prostrate at the feet of the Let, JEM or SIMI’s skull capped beardies who might deliver this earnest desire of his.

Law suit anybody? The media cartel can be brought to heel only via lawsuits. Doesn’t Thapar present a wonderful opportunity to do this? Surely this is the ultimate limit to which journalistic freedom can be taken to? The media cartel with its repeated abuse of journalistic freedom does to Hindu sensibilities precisely what MF Husain does with his art. It is precisely the coincidence in the media’s abusive view of the Hindus with that of Husain’s that makes them predictably take up the case of Husain sympathetically. A lawsuit has done wonders in making Husain ping pong back and forth between London and Dubai. Making Thapar hop around the courts a little in pain would do wonders in serving notice to his fellow travelers in the media mafia.