M S RAGHUNATHAN : கருத்துக்கள் ( 67 )
M S RAGHUNATHAN
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செப்டம்பர்
20
2018
கோர்ட் குட்டு! ஹெல்மெட் விவகாரத்தில் அரசு மெத்தனம் ஏன்
இ am amazed by the ruling/observation of High court regarding wearing of helmet and haste with which the judge is advising/ordering the police for strict implementation. If only the judges of High Court show the same speed and positive attitude to the following things the common citizen will begrateful. 1. Visit in cognito to Government Hospitals and see by themselves the atrocities committed by all employees from top to bottom and see for themselves the hygenic conditions in spite of employment of large force of workers and suo moto direct the Government to dismiss the delinquent employees. Some years ago a news item came a large junk of doctors posted to Govt hospitals and primary health centres in Vellore just went to the hospital in the morning, signed the attendance nd returned to Chennai immediately to attend their private practice. Has the judges asked the Govt as why exemplary punishment such derecognising their degrees and bar them practice. 2. Why not judges direct the Govt to submit a data on details of corruption cases pending against the employees a nd direct the govt to finish the cases within 3 months and impose severe punishment such as withholding the promotion for ever. If there are corruption cases in High Court why the judges are going on giving adjournments after adjournments and dilute the cases themselves. 3. Are the judges aware of the travails of people using auto, who non chalantly refuse to operate the meter. Why not the judges straight away impose fine on the police officers from cons level to Commissioner level for not regulating the auto drivers. The share autos again are a law unto themselves. Where as only 7 persons are to be allowed 12 persons are travelling. Let the judge visit vantage points such as Poonamallee, Ambattur, Koyambedu and see this. For this also the police and RTO are responsible. Why not take action against them. 4. The schools and colleges ( Private ) are charging exorbitant fees under various heads. Will any judge look onto this. They need not worry because their children and grand children get into best of colleges and schools because their influence. Can any judge refuse this. I can go on giving examples. First let the judges come down to reality and start imposing exemplary punishments on all govt employees who are found guilty/charged with derliction of duty including the court staff then force the helmet rule.   19:23:48 IST
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செப்டம்பர்
20
2018
சம்பவம் லஞ்ச அதிகாரி லாக்கரில் தங்கம், வெள்ளி
The RTO should be arrested forthwith and jailed under Non Bailable class till he accounts for the wealth he has acquired. The family should be boycotted and children if any are studying or employed should be dismissed from school or college or from employment. The AAdhar of the entire family should be black listed. The officer can be booked under another offence that he has not correctly disclosed his assets to the Government annually.   18:47:12 IST
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செப்டம்பர்
17
2018
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செப்டம்பர்
17
2018
கோர்ட் ராஜிவ் கொலையாளிகள் விடுதலை இன்று முடிவு?
It should be noted that these convicts were punished with death sentence and for some death sentence has been commuted to life imprisonment. Already mercy has been administered. Why the Tamilnadu Govt and persons like Vaiko, Stalin, Seeman, Thirumavalavan , Dr Ramadoss fail to notice that 17 other innocent indian citizens were victims besides a host of people getting serious injuries and living a horrible lives because of mad action of the perpetrators of this heinous crime ? Has any one of them visited the families of those who lost their lives and asked their opinion? If freedom for these so called tools to the crime is given then similar demands will start from many quarters. The Governor should not succumb to emotions or blackmail. Tomorrow the same demand will be raised by supporters terrorists who planted bombs and killed hundereds of innocent civilians. Will Vaiko and his exalted company support these desh drohis as well   12:26:35 IST
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செப்டம்பர்
14
2018
கோர்ட் 8 வழிச்சாலைக்கு நில ஆர்ஜிதம் நிறுத்தம்
The High Court Judges can go fast in any traffic using their siren cars only to give adjournments in the court and then hear just one or two cases and then retire to home. But common citizen has to struggle in the sea of traffic. In a democracy all are considered to be equal but some ( polticians, judges, bureacrats) are more than equal. Long live democracy   19:03:58 IST
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செப்டம்பர்
11
2018
பொது வாராக் கடன் பிரச்னைக்கான காரணம் அம்பலம்!
Further to my earlier posting as regards unsuitability of Basel Norms for developing nation, I give below how some genuine big ticket loans get stuck up and become NPA. A project is funded by a consortium of Banks say for Rs 1000 Crores. The success of the industry/project depends on the following factors. 1. The ability of the promoters to bring in their share of funds in addition to loan at the ning of the project. 2.The ability of the promoters to find sui and efficient work contractors to ensure timely completion of the project, Before that obtaining necessary permissions from the governmental agencies such as Industry Department, Pollution Control department, building plan approval authorities and other related agencies take unbelievably long time in spite of greasing the palms of politicians and corrupt govt officials. The promoters in their anxiety to stick to the schedule and present a rosy picture to the Bank that they will be able to start production give an unimaginative stages of progress and awaiting govt's permission start the work and the banks start releasing the funds/loan. The Bank does not go deep into the correctness of the schedule of implementation whether the same is achievable. AS a result there there is time overrun and this has cascading effect on cost. The break even analysis that is being done by the lead bank does not do their home work diligently and simply accept the schedule of implementation as break even is done only for the estimated increase in cost of inputs and does not reckon time overrun. In the present case the entire loan is disbursed and repayment is to start as per schedule, it is observed that at least 12- 15 months delay is there which results in interest burden increasing. So in the initial stage itself the Bank is forced to restructure the loan repayment, which again takes time. This restructure can not be done repeatedly due to restrictions of norms of R B I. So the sickness of the industry s and the amount is d as NPA only when no more restructure could be made. ( King Fisher Air Lines ). It is also a pity that Banks are hesitant to ask the promoters to mortgage their individual/personal assets even though they have substantial assets. This leads to higher credit risk. When the Banks are lending 75% of the cost of the project why not they insist on the personal guarantee and mortgaging of their assets apart from the margin they have to bring. The Banks are overawed by the so called status of the promoters and also to boost their credit portfolio substantially by a single transaction than sanctioning large number of loans/sharing the risk. The follow up and monitoring of these big loans is also lackadaisical. Many of the monitoring officers have inadequate knowledge of the prudent credit lending and the Managers are also carried away the status of the promoters and when some Managers raise red flag they are simply overlooked and shunted out. Thirdly the auditors do a lot of damage by giving certificates of end use of funds without giving a careful scrutiny and the banks simply file their certificates and take camoflauge under these certificates and no verification is made. I want to end this post with an actual incident. We filed a case in DRT chennai in 1996 against a trading company for recovery of dues of more than 2 crores and we had filed a host of loan documents which included among others hypothecation of stock and moveable/assignment of debts etc. The presiding officer casually asked what is the value of stock covered under the hyp agreement and I sheepishly said there is no stock and there is list of debtors since we did not have the latest balance sheet of the company. The judge then said what is the fun in producing reams of paper when they have no value. He asked whether there is pro note and acknowledge of debt which are sufficient to decide the case. I used to tell my senior officers and junior officers that if a loan is not repaid in time giving a moratorium of 12 months then it is as good as gone and initiate steps for recovery. .   20:22:32 IST
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செப்டம்பர்
11
2018
பொது வாராக் கடன் பிரச்னைக்கான காரணம் அம்பலம்!
The concept of so called NPA has two dimensions. 1. Genuine failure in business and subsequent losses due to market forces and failure of other industries. 2. Wilful default and and criminal intention to defraud the bank. As a bank officer who has handled loan portfolio for quite a long time, I can say unhesitatingly that a good borrower will do all his best in case of failure of his industry/business to repay the dues at least the principal and would request for only a portion of waiver of interest. Let us see how the failure in business happens. The definition of NPA as defined by our RBI sticking to the norms of Basel III recommendations will make any industry especially MSMEs turn NPA at the slightest disturbance in the market conditions. Let us take small scale units who were doing business with NOKIA. This NOKIA was unable to continue the activity due to the belligerent attitude of employees union and hence closed down the unit. The units which were making parts for the Co got stuck up and ultimately the investments made these MSMEs at very high cost due to the insistence of NOKIA QUALITY CONTROL could not the desired return/profit to pay off the loans taken from bank. Many of the plant and machinery are tailor made for NOKIA requirement and hence has become a junk upon the closure of NOKIA. This is a genuine problem. There is a standing order that all big industries should pay the small scale units/ancillary unit for their purchases within 90 days/or as per purchase order terms on receipt of materials. But this rarely happens and these small units are unable to pressurise these big industries since they will lose their business once and for all. But without actually settling the dues of SSI units as mentioned above these big industries that payment of dues to SSI units are being adhered to as per Govt Norms. Secondly the interest/instalment as per terms if not paid within 7 days from the due date, the entire amount is d as NPA by banks as per Basel Norms which is ridiculous. Now a days interest on loans are charged on a monthly basis and the interest becomes payable within 7 days. These norms may be sui for developed nations but not for developing nations. So a drastic/imaginative definition of NPA should be formed. I suggest that if a big unit fails to pay/credit under ECS/RTGS the dues to the small MSME units on the due date, then penalty and stringent punishment should be imposed on those units, if those units are unable to give satisfactory reason for delay. This will definitely address to some extent for reduction of NPA in industrial sector since the business cycle of MSMEs will be protected to a good extent. Now let us look at another form of loans which are going to become difficult for recovery. Loans to Self Help Groups were highly successful in the late nineties and in the first decade of this century. These self help groups were infiltrated by so called NGO activists who slowly and steadily brainwashed the groups to default in the payment saying these loans will also be written off/waived by Govt like agricultural loans and also told them that the Banks are let going big borrowers by writing off their loans and hence they also need not pay. As regards the role of utives of Banks the less said better. They have mortgaged their intelligence and common sense while processing big ticket loan proposals to irresponsible politicians in stead of standing up for probity.   12:14:28 IST
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செப்டம்பர்
10
2018
அரசியல் பா.ஜ.,வின் மிகப்பெரிய நகைச்சுவை சிதம்பரம்
This man terrorised public sector bank chairmen and senior bank utives with his power as FM to dance to his tunes and sanction loans to persons on his recommendations and threat. Why the then Indian Bank chairman was given extensions on a monthly basis by conniving with the then FM none other than Dr Man mohan singh and late G K Moopanar. This man has also interfered in the settlement of NON Performing assets of Banks forcing the banks to accept amounts much less than that is due leading to loss and writeoff. Being an ex banker I know the cases but because of fidelity clause I am unable to disclose the account.( In one case my Deputy General Manager told me that there is immense pressure from a secretary in Finance ministry who said it was the FM's desire to see to settle a bad loan for a specific sum which led to write off of some amount in outstanding in the books of the bank and waiver of unpaid interest of substantial amount where the account has substantial assets to repay the loan.)Which Bank Manager will forget his arrogant attitude to the Bank Managers while processing Educational Loans to undeserving and meritless students and the NPA in this sector is turning out to be a big headache. This he did only to help his political persons who were running professional educational institutions. This man deserves to be in jail along with his rouge son and wife.   11:46:47 IST
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செப்டம்பர்
6
2018
பொது ஓரினச்சேர்க்கை தீர்ப்பு கமல் வரவேற்பு
I agree that Indian Judiciary is funniest I want to know whether these judges are more intelligent and learned than the founding fathers of our constitution like Dr Ambedkar, Alladi Krishnaswamy Iyer, Kulapathy K M Munshi, Maulana Abul Kalam Azad and such great people who had held that this abnormal sexual behaviour is unnatural and uncultural. Even animals do not show such behaviour. I want to know that whether the SC has said gay sex is accep as an aberration or has said that filing of cases under criminal code is wrong ? As far as I know the SC has not said that homosexuality is right/or right when practised within the doors with consent. Then how to prove the consent in case of young adults who might have been influenced by extraneous considerations. The judges have ed a pandora box. We can now witness strange abnormal scenes of homosexual acts in public which may lead to severe law and order problems besides various other issues   11:35:22 IST
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செப்டம்பர்
5
2018
அரசியல் தேர்தல் பயம் பா.ஜ., பாணியில் செல்லும் காங்.,
Will D M K now ally with Congress, which has ly pronounced that it is a Brahmin party.   20:20:24 IST
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