Friday, December 8, 2017

Vote bank Strategy – 4

Due to internet problem at my end I could not post in the last fortnight sorry for the inconvenience.

Continues from previous post –

As we have seen, most political parties depend heavily on financial support from big businesses. This total dependence of political parties on these business houses makes them slaves of these businesses. At times, these money lords expect such evasive demands that political parties become secondary to them. In some cases, these businesses virtually buy these parties. This disturbs the ego of political high commands. We notice an extensive structure of cronies who in the process make money while working as pimps between party high commands and these financiers. The economics involved is very complex and to control it is not easy for any political party however powerful it is.

We also know that most persons who join a political party for their self-aggrandizement. That is about making some easy money. They prefer to work as pimps in the process of collecting funds for the party. At the order, many development plans are changed to suit these financiers. These financiers stay away from day to day functioning of that party nevertheless; they have their cronies sitting in the party office constantly keeping watch on what the party high commands are planning. If they find that, the plans are not suitable they inform the financier, his agents object to that plan, and finally those plans are removed, as those development plans are less important to the party as against the future of the political party.

We also notice that a business house provides money to more than one political party. At times, they prefer to finance two political parties who are seemingly having opposite views about national developments. These business houses have no concern about what development plans these parties have in their agenda. Their concern is only about protecting their business in the environment of license system, no objection certificates, pollution control, environmental approvals, import license, export license and such many difficulties those often bother their business. They also want to use their hold on these parties to defeat their rival businesses. Famous business house of Dhirubhai Ambani used this control to cancel import licenses of its rival businesses. In addition, by that they could build their empire. Most businesses do this. We know how Reliance chief used his hold on Congress party to destroy their rivals in polystyrene fiber business. Import licenses were not issued to them as against Reliance. Many small importers were out of business only because central government refused to renew their old import license. This and many other types of demands of these businesses often annoy the high commands of political parties.

We shall see in next post how this power these businesses use to control political parties.
Continues in next post –


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Monday, November 20, 2017

Vote bank Strategy – 3

Continues from previous post –
As we have seen, most political parties depend heavily on financial support from big businesses. This total dependence of political parties on these business houses makes them slaves of these businesses. At times, these money lords expect such evasive demands that political parties become secondary to them. In some cases, these businesses virtually buy these parties. This disturbs the ego of political high commands. We notice an extensive structure of cronies who in the process make money while working as pimps between party high commands and these financiers. The economics involved is very complex and to control it is not easy for any political party however powerful it is.

We also know that most persons who join a political party for their self-aggrandizement. That is about making some easy money. They prefer to work as pimps in the process of collecting funds for the party. At the order, many development plans are changed to suit these financiers. These financiers stay away from day to day functioning of that party nevertheless; they have their cronies sitting in the party office constantly keeping watch on what the party high commands are planning. If they find that, the plans are not suitable they inform the financier, his agents object to that plan, and finally those plans are removed, as those development plans are less important to the party as against the future of the political party.

We also notice that a business house provides money to more than one political party. At times, they prefer to finance two political parties who are seemingly having opposite views about national developments. These business houses have no concern about what development plans these parties have in their agenda. Their concern is only about protecting their business in the environment of license system. They also want to use their hold on these parties to defeat their rival businesses. We know how Reliance chief used his hold on Congress party to destroy their rivals in polystyrene fiber business. Import licenses were not issued to them as against Reliance. Many small importers were out of business only because central government refused to renew their old import license. This and many other types of demands of these businesses often annoy the high commands of political parties. Pramod Mahajan invented the new idea that a political party will use the funds provided for development of poor citizens. When they are in power, only they can do it. Now that BJP is in total power the way, they wanted for all these 70 years. After using these government funds are utilized to appease these voters party openly claims the credit for having done that. In return, the party expects them to vote for them in the next election. Some experts say this claim is not correct because any government decisions about such matters are taken after consensus of all parties in the House. That means one can object to such claims. However, we see that even though the matter is obvious no other political party objects to it. This is because as some believe, this strategy is double edged. If this continues, incase other party comes in power they can also use it for their benefit. Some other experts opined that this strategy could be challenged by Election commission. However so far that has not happened.

Continues in next post –

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You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.

My Marathi Blog, http://kothare-marathi.blogspot.in/ मला असे वाटते 

Monday, November 13, 2017

Vote Bank strategy -2

We all know that politics is a business and as we also know that every business needs money, political parties are no exception to this rule. We should also note that there is tremendous analogy in religious priesthood and political leadership. We should try to understand them so that we can understand many underlining currents those regulate financial activities of a religious priesthood and political leadership. Interestingly we also notice that both these businesses are yet not brought under GIS!

We should not expect that these two businesses would ever come under GIS. If government ever does it, which will put both these businesses is big jeopardy. Where money they need, we should see to get to its roots. To operate a political party they have to develop an establishment such as an office place, party workers, other running expenses, the party has to pay for other expenses incurred when they hold meetings, processions, preparing of banners for publicity, occasional advertisements in periodicals or on TV channels. Every occasion a political party arranges need money to make it feasible. Some experts say the capital requirement of a political party is at times much more than that of a multicrore business. For a business there are set methods to arrange for its capital. There is no such arrangement for a political party. Most used method today these political parties use is that of donations from private people, big, medium and small businesses. This makes the political parties come under obligation of those who finance political party. As against that, obviously these financing businesses expect some special favors from that political party. This has been the style in the working of all political parties.

Funds required for contesting elections, they need additional funds to appease voters. Two types of voters we notice. Voters, who study working of the party and its contestant and on merits they, cast their votes. Other type cares too hoots for working of the party and its contestant; they sell their voting right for a price. May be this is so because of poverty. In India, this second type is more experienced. Our elections are controlled by these votes since the number of such voters is very high. Therefore, political parties need endless money to appease these irresponsible voters. Every party has to cater to that need and unless they provide for that, they have no chance of standing anywhere in the election business. Political parties are in constant search for fundraisers. Those workers who do well in raising funds have better chance in the cadre of party high commands. That is why; politicians are constantly engaged in developing friendly contacts with such money lords who shall provide funds to buy votes. Corruption is one side effect of this phenomenon. These money lords take full advantage of the situation and demand facilities against these funds. They get better choice is the licenses for imports and exports and other financially lucrative spots. At times, these demands are too bothering to sincere politicians because they are doing unjust to many others. Nevertheless, these unjust demands are completed as against the money they give to win elections. This part of election economics bothers the high commands of all political parties.

To this one politician late Mr. Pramod Mahajan invented a scheme. According to that if their party namely, Bharatiya Janata Party (Paksha) comes in power they will divert government funds allocated for various projects coming under welfare schemes to appease these greedy and irresponsible voters. They will be provided with many common needs such as affordable housing, free electricity connections, paying them free money by crediting it into their accounts. By such favoritism, Mahajan felt that the voters will be obliged and they will surely vote to BJP. If we see various economic schemes for these so-called poor voters, we can understand that present Modi regime is implementing Mahajan plan to appease voters. In present scenario we see that this plan is, giving some results on many elections those took place after Modi came in power.

In next post, we shall see effects of this novel plan.
Continues in next post –

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You are invited to visit my other blogs
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You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.

My Marathi Blog, http://kothare-marathi.blogspot.in/ मला असे वाटते 

Monday, October 30, 2017

Vote Bank strategy

Our present economy is riddled with many complex issues such as vote bank and funding of political parties by big businesses. Big businesses want to oblige political parties as well as the bosses of such parties so that many issues pending with government are settled amicably. Almost every political party expects to get funds from businesses big, medium and even small. That keeps their mutual relations on better footing. In return, political party leaders expect special favors from these businesses and get finance for their many private activities. In many ways than one, both political leaders of various parties on one side and business magnets on other side continue to riddle each other and that keeps balance in their relationship. In many situations, some powerful businesses dictate terms to political party high commands to accept some decisions in their favor for that they pay the leaders, what we may call payola or hafta in local terms. Reliance is notorious for this style of working with political parties ever since Congress party was in power. Many experts in this subject say that the quick rise of Reliance during Congress party rule is doe to this. These business monsters keep on favoring both ruling party and opposition. During Congress rule, we had favored license raj to promote some favorable businesses as against its rivals. Import licenses were issued to those who paid payola and license policy was used to favor some as against their rival businesses. Similar tactics were used in export businesses.
Government is one big business house ever since it has entered in so-called welfare activities. These welfare activities involve very big business opportunity for many middle level and small businesses. Payola and side-by-side corruption are part of that economic activity. This also involves bureaucrats of various levels. They also want to benefit along with their political counterpart. To get business from government agencies involves much of these activities and the whole activity becomes much complicated and full of unhealthy economics. We also note that too much expectations of some political leaders as well as bureaucrats has caused loss of quality in work because the payola takes away much of money and less funds remain to do work. Result of such high-level corruption is bad roads, bad dams and bad canals, defective pipe work and many such activities.
Import, export, contracts for welfare activities, development plans, other economic policies and such other involve these business monsters in so many ways that controlling that or to discipline that becomes very difficult since too many cooks are engaged in that. As we know the saying, "Too many cooks spoil the brew". Something like that happens when interests of too many parties along with those of the bureaucrats work in many of these government activities.
In next post, we shall try to know why political parties need so much money.

Continues in next post –

You may contact me on my Email ID given below,

You are invited to visit my other blogs
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I reckon, http://kotharesviews.blogspot.com/ for philosophy
You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.

My Marathi Blog, http://kothare-marathi.blogspot.in/ मला असे वाटते 

Monday, October 9, 2017

Catastrophe of bank interest rates – 24

Continues from the previous post –

In addition, that is precisely what happened. As of March 31, 2016, the bad loans of public sector banks reached 9.32% of their total loans. A year back, they were at 5.43% of their total loans. That is a huge jump in just one year. We should put all bad loans in categories as given above. If that done we shall know the exact nature of causes for that. Banks do not have any powers to interfere in working of their borrowers. This makes the bank helpless in such situations. Technically speaking most banks in world is on the verge of bankruptcy. This is because of reduced interest rates on both sides.
The only solution to this is that we rise against this conspiracy of gambler group and its crony economists. Most depositors are not aware of this conspiracy and they continue to believe their political leaders. The attempt to prepare this essay is to educate them about their rights as depositors. After long research it has become clear that best co-relation between interest rates on deposits and loans is that deposits should earn at least 12% per annum for period of 3 years and loans can be charged 15 to 30 % interest on them. This depends upon what is the cause for borrowing in first category, "Real economic group".

This article ends here; in my next post, we shall see intelligent vote bank strategy of Bharatiya Janata Party.
You may contact me on my Email ID given below,

You are invited to visit my other blogs
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I reckon, http://kotharesviews.blogspot.com/ for philosophy

You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.  

Monday, October 2, 2017

Catastrophe of bank interest rates – 23

Continues from the previous post -
Government often treats funds by public in these safe deposit and recurring deposit as it is property of that bank. This behavior is unjust to all depositors as their funds are exploited for uses to what their prior permission is not taken, this amount to cheating and theft by government. Banks are forced to do many charitable activities by government; all these must stop. When bank takes money for safe deposit or recurring deposits banks do not take such permission and so this is breach of trust by both bank as well as government. Depositors must be treated as sleeping partners in the business of banking and given due rights in the business.
From available records from years, 2011 to 2012 and 2015 to 2016, the share of deposits in the household financial savings has come down. Nevertheless, it remains a major part of how people save. If interest rates on deposits come down, people need to save more to meet their savings goal. This means lesser consumption, market suffers, which has an impact on economic growth. There is also a possibility of not saving enough and not meeting their savings goal, which again is not a good thing. This could mean not having an adequate amount of money for the education of children, among other things. On one side, costs are rising and income reduced makes it impossible for middle class to put more money in FDs and RDs. Reducing bank deposits makes the bank short of funds for business. The complete circle of financial moment suffers. As a result, often depression and inflation effect we experience. When we had in the past, proper balance in bank deposit interest rates and loan interest rates we never had depression or inflations in India, this fact we must not forget to note. Only after suicidal reduction in interest rates, were introduced; and we were forced to put our money in stock exchange where gamblers have free field ordinary investors began to feel the pinch. To work in these markets one has to be well versed in that market. It is a full time business to be successful in those markets. This is not possible for ordinary people who have savings accounts.
Bad loans owned by the government would sharply increase. As most experts predict. However, this is not a new thing since most loans of government are bad loans because government has a tool of taxation to manage them by additional taxes.

Continues in the next post –
You may contact me on my Email ID given below,

You are invited to visit my other blogs
Ashok Kothare, http://ashokkotharesblog.blogspot.com/ for stories
I reckon, http://kotharesviews.blogspot.com/ for philosophy
You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.

My Marathi Blog, http://kothare-marathi.blogspot.in/ मला असे वाटते 

Saturday, September 23, 2017

Catastrophe of bank interest rates – 22

Continues from the previous post -
Due to large population of India and limited resources as being a poor country, the government cannot be expected to take on such a large responsibility. In such an eventuality, we should expect that our government allow its citizens to fend for them selves by higher rates on deposits they put in banks. Here we see that our government is not mindful of this situation and keeps on copying developed countries with social security facility by reducing interest rates on bank deposits of citizens. This amounts to double compression of citizens and makes living impossible particularly old and senior citizens with no other source of income. Bank deposits is so far the most popular investment mode public believes and it is not wrong, as banks are easily accessible to everyone as most have their savings accounts in banks. Government with support of most gambler groups forces funds of public to other ways such as mutual funds, shares, debentures but working of these is not within the understanding power of public they are not popular. Government has no right to do such an undemocratic stance.
The first paragraph of this charter states as given above. "Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international co-operation and in accordance with the organization and resources of each State, of the economic, social and cultural rights indispensable for his dignity and the free development of his personality". To get these achieved without social security provision we need an alternative arrangement and the only feasible arrangement possible is higher rates on deposits.
Continues in the next post –
You may contact me on my Email ID given below,

You are invited to visit my other blogs
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I reckon, http://kotharesviews.blogspot.com/ for philosophy
You may visit blog, Ideas and tips on any subject, http://kotharay.blogspot.in/ for intelligent discussions.

My Marathi Blog, http://kothare-marathi.blogspot.in/ मला असे वाटते