India has been weak Militarily,Diplomatically and Financially....
The reasons are:-
1.Its Political leaders,at the Centre, have been PLANTED from outside India for most part.
At present the following people, NOT EVEN ELECTED, to the Lok Sabha decide the fate of India in many fields:-
i.M M Singh,member,Club Of Rome.
ii.Montek Singh Ahuliwalia,a former employee of the World Bank.
iii.Nilekani is of a Cabinet Minister rank responsible for Aadhar,a suspected Surveillance tool.
iv.Sam Pitroda,connected with Electronics from,about the 1980s
v.Anant Sharma,Minister For Commerce. Lies are being used ,to misguide the people to usher in anti-India policies.
2.Its Oligarchs, have connections with the CIA etc through the reported fronts, Harvard,Yale etc.
3.A nation will be strong, if its Majority are strong.In India Hindus,who are the Majority, are being systematically destroyed by the Globalists to form One World Totalitarian Government.For this, the majority of any nation who will offer the strongest Opposition,to the Globalists' aim of ushering in One World Totalitarian Government,are WEAKENED financially and misusing Social Engineering, Propaganda[misusing Cinema,Video games,TV, newspapers etc etc] etc creating disunity among the population.
4.India does NOT strive for Self-Sufficiency, maybe due to BULLYING from a so-called Super Power.India purchases most of its Military Equipment,which might have been alright during the cold War as the erstwhile USSR supplied these at a relatively cheap rate,but not now.It also,DOES NOT produce Civilian Airliners.
To be continued.........
Why Amartya Sen Is An APOLOGIST For MM Singh/Rothschilds?
Because he is connected to the latter,the STRONGLY SUSPECTED, masters of MM Singh, as their Son In Law.
Are the Rothschilds,or MM Singh himself,using Amartya sen as the APOLOGIST for the beleaguered MM Singh?There are,at least two instances,which confirm this view. Instance 1 Instance 2
To be continued.....
What are Stock Marktes? Derivatives
Acquisitions and control of Industries and their economies,by manipulation, by certain individuals are,some of the the main aims of the Stock , markets,as also the Commodities and Currency ones.Even nations are controlled and ruled over,by bankers,misusing these.
Control in the hands of the Governments and a few Oligarchs,Bankers.
Today using the Globalization as a pretext the Globalist bankers are wrecking Municipalities and even nations,like Greece, Italy,Portugal,Spain and even France,Britain and the USA herself.
The swindle lies in repeated Inflation-Deflation and Boom-Burst Cycles,by the Globalist bankers......In this way they sell high and buy low repeatedly,making paupers of the ordinary population...
To keep the Primacy of the Dollar Gold and Silver prices are kept low by the Globalist bankers resorting to major frauds like Gold Tungsten Scam.. CDS is also misused for Currency manipulation to keep the Dollar stronger...
Today India and her economy are in deep, trouble because these and TREACHERY of the Indian leaders of the Indira Congress party.
Today the whole World is in trouble as the Globalist bankers want to maintain the primacy of the "DEAD" Dollar...
To be continued.....
The Developed nations,except the USA have discarded the EVMs.It so happened that in the 21st century a President was,EVEN, accused of "stealing Elections" [mis]using EVMs in the USA!
For a similar demand by AGP and BJP,prior to the 2011 Assam Assembly Elections, the Indira Congress party cited Tamil Nadu and Bengal poll results.
The full news from "thevotingnews.com":-
Jun 13 2011
"The Opposition has decided to raise the issue of using electronic voting machine (EVM) at the daylong 7th Regional Consultation for Electoral Reforms here tomorrow. The regional consultation, organised by the Centre and the Election Commission on how to strengthen the electoral system, will be held at NEDFi House here.
The AGP and the BJP will make a strong case for its outright abolition at a gathering which would include Union law minister Veerappa Moily and chief election commissioner S.Y. Quraishi.
… AGP’s Arun Sarma … said they want the EVMs replaced as anything “manmade” can be “tampered with”.
“In fact, we need a separate discussion on EVM as it has been discarded in developed countries. If the Congress can forecast who will be winning, we have reasons to believe something is amiss vis-à-vis the EVM,” he said.
In the just-concluded Assembly polls, the Congress won 78 of the 126 seats.
The AIUDF got 18, AGP 10 and BJP five, triggering allegations about EVM tampering.
The Congress, on the other hand, dismissed the allegation by pointing to the poll defeats of the ruling parties in Tamil Nadu and West Bengal.
Like Sarma, BJP president Ranjit Dutta has also decided to seek the abolition of theEVM to “save” democracy. “But we have not received any invitation so far,” Dutta said.
The following from the above article is relevant :-
"In the just-concluded Assembly polls, the Congress won 78 of the 126 seats.
The AIUDF got 18, AGP 10 and BJP five, triggering allegations about EVM tampering.
The Congress, on the other hand, dismissed the allegation by pointing to the poll defeats of the ruling parties in Tamil Nadu and West Bengal."
The answer of the Indira Congress party IS NOT CONVINCING, neither is IT CORRECT. The Indira Congress party,citing Tamil Nadu and Bengal results,can be cunning,as the following are what a shrewd person or party,would, consider:-
1.The stakes and PRIORITIES.Some PARTIES may have different priorities and may eye the Lok Sabha Elections.
2.The locations
3. Manipulateresults in such a way as to Avoid suspicions,of FOUL PLAY.
If the results had been DIFFERENT, in the two states the EVMs would have been suspected. And no other party had any chance in these two States.
Hence there is a NEED for Using ONLY Ballot papers for Elections.The DEMAND is the USE of Ballot Papers,in 2012 Assembly and all subsequent Elections in India,and perhaps the USA too.
My Thanks are due to"thevotingnews.com" site,for this news-item.
The recent efforts by Sibal to suppress Internet Freedom,is a trampling on the Democracy in Indian Republic.But it is NOT surprising that this is coming from the Indira Congress party,whose Late Indira Gandhi,actually imposed Emergency in India,when the EC Of India,adjudged that her Election was a fraud.Both MM Singh and The Italian Woman and her Family have been 'chipping away" at the Indian Democratic republic,to have a Family Dictatorship,which is amply demonstrated by this party's members,have scant regard for the Intra-Party Democracy and do not respect Seniority within the same.
Another recent example was the subjugation of the DNAIndia,IndiaToday and the Times Group, site,which had the "temerity" to be critical of this party, by the I&B,under the UPA.
The Indian Media very rarely,if at all,mention the following:-
1.Club Of Rome,of which MM Singh is a member.He is NOT ELECTED but is the PM of India, possibly PLANTED by the Globalist bankers.
2.Bilderberg,with which Ratan Tata is reported to be having contact,Indira Nooyi is a Bilderberg attendee.
3.Trilateral Commission, with which the following have connection:-
i.Sunil Bharti Mittal
ii.Narayanamurthy, of Infosys.Now retired.
4.Council On Foreign Relations[CFR] which is THE RULER of the USA.
5. Skull And Bones,a secret Society with connections to the Yale University,a reported CIA front.
While all Governments control the Media to a certain extent,the condition under the UPA, especially after the Bush-MM Singh "secret" deals in 2005,is very pronounced and strong. Foreign Cos, notorious for controlling the Media in the USA[J.P.Morgan Chase],have announced,"campaigns" with Indian Media Houses the two notorious, ones,from the Indians' point of view, being:-
1.Times Group And J.P.Morgan Chase.
2.NDTV and Coca Cola.
CNN-IBN is openly pro-USA and pro-Indra Congress party,going by its coverage.No wonder,as CNN is a US Media Co. Many foreign Cos with Religious bent have usurped the control of the Indian media and are openly,anti-Hindu.This anti-Hindu bias may be because of the following:-
1."R2P" [Right to Protect]can be used against India by the West and the UN,in case an anti-West group comes to power in India.Many Gladio clones to smear Hindus as anti-Minority and anti-Dalit![though Dalits,are essentially Hindus !].
2.Encourage and actively take part in the Conversion of Hindus to Christianity,by constant , vituperative attacks in Hindus,their way of Life etc.
3.Try to impose the views of the West by subtle Psychology[Predictive programming].
The UPA's Minority Appeasement for votes, though POVERTY knows NO religion.
30/12/2011;-
The Indira congress party shows utter contempt for India's Democratic Republic, as it is defeated in the Lokpal Bill in Rajya Sabha.Vice President Hamid Ansari follows Dictatorial policies.
To be continued....
Climate Conference At Durban,2011,takes effect from 2020.
1.Most importantly,Ignores "chemtrails" due to aerosol spraying from aircraft etc, especially in the USA and Germany.
2.Going by the statement,"The 194-party conference agreed to start negotiations on a new accord that would put all countries under the same legal regime enforcing commitments to control greenhouse gases. It would take effect by 2020 at the latest",NOTHING seems to have been achieved. 3.The USA decided to de-industrialize in the 60s of the last Century,and has been shifting its manufacturing to places where the labour is cheap like China and India. This has at least the following, important aspects;- The USA can claim that:- i. It is polluting "LESS". ii. Countries like India and China are POLLUTING MORE. iii.Its MNCs exploiting Globalization can have HUGE profits,"preying" upon the RESOURCES of these nations,which include,cheap Labour,Water,minerals,POLLUTION,creating Social tensions and increasing crimes,increasing INFLATION,etc. iv.Use these against nations like India and China for bargaining. A REPORT in The Hindustan Times,mentions that India and China have lost and Europe has won.India had to agree to "emission cuts".As per this report, "India and China were able to get long term finance to adapt to climate change, transfer and development of clean technologies in Durban outcome but failed to get a legally [en]forceable treaty beyond 2020." A possibility,as far as India is concerned is that,she may be immersed in debt "offered" by the West,while they get business,here,in India. Since the source ofemission is not clearly defined,the possibility of the Globalists misusing,this to harass Humans,by "limiting" Household emission,to alleviate the limits on the Industries,so that the Oligarchs can make huge profits,by running their plants, at higher capacities,is a dangerouspossibility going by what these evil ones have been doing so far.In a country like India whereto, the West is getting its manufacturing base shifted,DUE TO CHEAP LABOUR etc,this is a dangerous sign. An Op-Ed. INDIA NEEDS TO STOP WESTERN INDUSTRIES setting shops, in INDIA. Advantagesfor the developed nations:- 1.Business citing Green technology. 2.Offering Loan for India and thus making India a Debtor Nation,a trick and rule of the Globalist Bankers. 3.Due to items 1 and 2 above Political clout of the developed nations in India will increase. 4.Due to their Industries being located in India as another "trick",they will enjoy the resources of India,like cheap Labour,water,raw-materials etc. 5.The emissions of the developed nations will come down at the cost of India. Disadvantages for India:- 1.India has been "allowed" far much less emission than China. 2.India will be a Debtor nation. 3.Due to item 2 above India will have to pay Economic,Political,Social and Religious prices. 4.Chances of Indian Households being allowed "less" energy consumption is a very great National,Human and Social threat. Canada withdraws from the Kyoto protocol. THIS link mentions that the EU is the Winner.... To be continued....
What's happening To/In India Under The Indira Congress Party?Well........efforts to:-
1.Make the Nation, a Dictatorship though it is already one under this party,so that Oligarchs and the members of this party, can rule and be ABOVE the Law of the Land[India].The recent statements of Farooq Abdulllah and Mahathir emphasize the same.These two have been used by this party to "suggest" to the Indian Masses in a subtle manner,that Democracy is bad for the people and Dictatorship is good for the rulers!It is worth noting the Master of the Indira Congress party,the USA,is NOW a Police State,and has a big hand in this,as the policies in its favour [pro-US-MNCs] are NOT getting passed in the Indian Parliament.The Yale India program is a good example of USA's effort to buy of Indian Parliamentarians and her Democracy.
2.Make it lose its Sovereignty to usher in Globalization or the One World Totalitarian Government. MM Singh is a Globalist,member,Club Of Rome, and takes his orders from forces outside India,as he is strongly suspected to have been PLANTED by the IMF,the World Bank and the Rothschilds.
So the aim is to thrust the agenda of the Globalists is on India.
What are the results?
The people will be converted to Collectivist Zombies,in a generation,by starting with the Children NOW the Future Citizens of India,using Outcome Based Education. The Oligarchs and the Rulers will be ABOVE the Law Of The Land.
To be continued.....
CIA is interested in influencing Elections "in the favour of the USA" everywhere in the World.In India the Indira Congress party is the USA's puppet and the CIA is interested in this party become strong,whose effect from Rajasthan 2008 is being watched and felt.The Indira Congress party has been winning "surprisingly" in both the Lok Sabha and Assembly polls,since this party became the "puppet" of the USA.In between some False Flag like Gladio have taken place.EVM misuse are strongly suspected.The Indian Church is,reportedly, a STRONG ally of the CIA,which is notorious to exploit everything,and that includes Religion also.CIA is also suspected to use Terror to is advantage and is suspected to be one of the MOST FEARED TERRORIST Organizations in the World.
Here are two instances where it has TWO OPPOSITE opinions. First link. pro-EVM Second Link Anti-EVM
Why is CIA's view very important? Because it wants to influence Election results throughout the World in the USA's favour[by hook or crook,as can be expected of an espionage agency ].CIA's Fact Books are notorious,as it reveals its Global Interests.No other Espionage Agency seems to do this.
Thus the Non-Indira Congress Parties will have to on their guard as regards this espionage agencies' capacity for dangerous mischief and notoriety.
False Flag assassinations,Minority Rapes.murders and harassment,religious fights etc are expected to be used to achieve the CIA's aims.Colour revolutions the rage of the Internet and use of Social Networking Media are also expected. US MNCs,Media both Indian and WesternFoundations, etc are reported to be CIA fronts and they may also play a key part in favour of the Indira Congress party. The Information and Broadcasting Ministry is expected to MISUSE the Indian Media,to favour the Indira Congress party.
To be continued......
Nationalisation = Sovereignty!
This is why Globalists privatize!PPP,Divestment etc selling national assets to Private individuals, national and Foreign is a way of making a nation LOSE her Sovereignty.MM Singh is a member,Club Of Rome.He and Montek Singh Ahuliawalia are puppets of the World Bank,a "banksters'" body of Globalists,whose aim is One World Totalitarian Government or the New World Order[NWO].
One of the reasons Qadaffi and Indira Gandhi were killed by proxy[by you know who], was,both, nationalized many sectors like Banking,OMC etc.
Globalists do not respect National Laws.And an Indian Minister supports the same saying that, criminal Oligarchs should not punished or Jailed as INVESTMENT WILL GET ADVERSELY AFFECTED !
Another says "too much" of Democracy is bad for India!He himself was elected by the Democratic process.Can there be a thing,like "too much of Democracy"?He wants "controlled Democracy".Can there be a controlled Democracy?
An there is the mega-corruption of the Indira Congress party.
These are all tactics at chipping away at the Indian Democratic republic by taking away FREEDOMs by things like,UID,SmartGrid,NatGrid[excuse,"War On terror"],"Green Initiative"[EVMs etc are for this.These can be misused for Stealing Elections].
To be continued......
The many tricks Of the Indira Congress Party and its Foreign Masters
The Indira Congress party is cornered by its mega-corruption, and faces Assembly polls with very high stakes in UP.It may resort to anything to capture POWER in UP and at the Centre.
1.It divides the Nation on the basis of religion, with various reports like Sachar, Bannerjee and now Shah Commission.These incidents are similar toGLADIO.
2.Misuses he various Institutions.Can the Election Commission and EVMs also not be misused in a similar way?
This is all the more dangerous as "R2P" can be used as an excuse by these False Flags.
Why is, this,then being resorted to:-
Because M M Singh is a Globalist,member,Club Of Rome.Among the many tricks the Globalists misuse,is the Minority Vs the Majority,as the latter will be MORE Nationalistic and will hence,offer a stronger resistance to the Globalists' aim of One World Totalitarian Government.The Indira Congress party is a "Minorities Dominated one".India is a Democratic Republic where the dictum,"Majority Rule,Minority Rights" applies.But for the last 7 years under the Indira Congress party,it is "Minority Rule Minority Rights"!
MM Singh is suspected to be PLANTED by the Rothschilds, while the Italian Woman by the Opus Dei and the erstwhile USSR . Hence "outside" forces which control them OPPOSE the Majority Hindus always.
To be continued....
The USA and MM Singh use the method of CREATING a PROBLEM to attain the aim of having THEIR POLICIES IMPLEMENTED in India,BY OFFERING THE SAME AS "THE" SOLUTION!The Globalists practise this on the World level.It is worth noting in most of THE Indian cases MM Singh is,VERY STRONGLY SUSPECTED,to be involved in subjecting India to FRAUDS,as without his KNOWLEDGE these are NOT possible.And to imagine that he has been the PM of India for the last 7 years and has been in the Indian Political scene for at least,the last 20 years!!!One of the many examples is the 2 G spectrum scam,in which he was claiming no knowledge and was later PROVEN to have KNOWN "THESE" THINGS from at least 2006.
1.MM Singh in 1990s.Gold swap with Bank Of England and Union Bank of Switzerland.IMF and MM Singh CREATED the problem in India.The relevant portion from this link:-
"Enter Dr. Manmohan Singh: The Economic Origins for New Delhi’s Strategic Shift?
The Indian shift away from non-alignment and its strategic partnerships is deeply connected to the unseen regime change in New Delhi that was initiated with the restructuring of Indian economic policy. 1991 was a year of change for India. It was also the year that President George Bush Sr. declared that the “New World Order” was beginning to emerge and also the same year as the Gulf War and the collapse of the Soviet Union.
A common denominator between 1991 and India in the late-2000s is Dr. Manmohan Singh, the current head of the Indian government. Dr. Singh received his doctorate (PhD.) as an economist from Oxford University and also attended Cambridge University. He is a former ranking officer of the International Monetary Fund (IMF) in India. His positions included Deputy for India on the IMF Committee of Twenty on International Monetary Reform (1972-1974), IMF Associate (1976-1980, 1982-1985), Alternative Governor for India on the IMF Board of Governors (1982-1985), and Governor for India on the Board of Governors of the IMF (1991-1995). Several of these positions coincided with appointments within the government and national cabinet of India. This also includes the position of Dr. Singh as the Governor of the Reserve Bank of India (1982-1985).
Dr. Singh was one of the faces behind the restructuring of the Indian economy in 1991, in league with the IMF. He was appointed as the Indian Finance Minister in 1991 by Prime Minister P.V. Narasimha Rao, a man accused with corruption, during a financial crisis that was brought about by IMF policies.India was nearly bankrupted during this period of reforms and state assets surrendered to domestic and foreign private investors. The economic policies of establishing a truly self-sufficiently Indian economy were abandoned and privatization became wide spread. Economic liberalization pushed aside the long-term goals of eliminating poverty in India and providing high standards of living. The Indian agricultural sector was also infected by foreign multi-national corporations through the so-called “Green Revolution.”
Before being appointed to the post of Indian Finance Minister, Dr. Singh was decisive in creating the financial crisis in India through coordination with the IMF. The policies of Dr. Singh by design also left India without enough reserves to meet its financial commitments. India was also deprived of the means to improve its economy by IMF policies The origins of these policies became obvious when Indian civil servants started complaining of sloppy, American-style, and non-British spelling, writing, and grammar in Indian government finance documents and papers. As a result Indian national assets and wealth were siphoned off and foreign control, including that of the Bank of England, of Indian finances began. 1996 spelled the death of the Rao Administration in India because of the backlash of economic liberalization and the unpopularity of the government.
With the economic shifts of 1991 began the road down the path to political shift. On May 22, 2004 the IMF’s man in New Delhi, Dr. Singh, returned to office to became the Prime Minister of India.
This time political reforms including turning India’s back on the Non-Alignment Movement (N.A.M.), Iran at the IAEA, and Russia’s aim to realize the Primakov Doctrine were on the table.
India and the Manufactured “Clash of Civilizations” in Eurasia
In many Indian circles the colonial bonds with London are still strong and there are views that New Delhi, or at least the Indian elites, are natural members of the Anglo-American establishment. There is also a taint of racial theory attached to these views with links to the caste system and the Indian elite’s Aryan self-concepts. Huntington’s “Clash of Civilizations” notion and Mackinder’s geo-strategic population model are factors behind these views too. Resource competition, demographics, and economic competition are seen as fuel that will inevitably draw India and China into a clash for supremacy in Asia.
Is it primarily because of geography, amongst other factors, that Indian Civilization (labeled as Hindu Civilization in regards to Huntington’s model) is said to have a conflicting relationship or affiliation with Chinese Civilization (labeled as Sinic Civilization by Huntington’s model) and Islamic Civilization? This theory is short-sighted; if true where are the centuries of fighting between Chinese and Indian civilization? For the most part both lived in peace. The same applied to Islamic Civilization.
New Delhi’s Trajectory: A Reversion to the British Raj?
Is India reverting to the status quo of the British Raj? India has moved beyond a policy of superalignment. India’s elites believe that to achieve their place in the sun they must buy into the socio-economic and political agenda of the so-called, “Core countries” — the global financial power holders of the Periphery. India’s commitment to the Non-Alignment Movement (N.A.M.) is also dead all but in name. The foreign policy course that Pandit Jawaharlal Nehru had charted for India has been abandoned.
Internally, for the last two decades India has been colonizing itself. Communities and ethnic groups have been played agains one another. These are both cases where local and foreign elites are working hand-in-hand. The ruling elites, with the aid of the Indian government, are appropriating all forms of resourses, rights, and property from countless people to fuel the so-called economic liberalization process with no regard for their fellow citizens. Water and national assets are being privatized and virtual slave labour is, once again, being institutionalized — everything that Mahatma Gandhi and his follower worked hard to eliminate. The free trade deals being struck by the U.S. and E.U. with India are a part of this process and have been integrating India into the global economic order.
Hand-in-hand with India being part of a global economic order goes the domination of Eurasia. India is on a serious path of militarization that will lead New Delhi towards conflict with China. In such a war both Asian giants would be losers and the U.S. and its allies the real winners.
Due to their flexibility the Indian elite may still change course, but there is a clear motion to exploit and mobilize India in Eurasia against its neighbours and the major powers of Eurasia. This is the true meaning, intent, nature, and agenda behind the so-called “Clash of Civilizations” in Eurasia. The threat of a nuclear war between China and India is real in the words of the Indian military, but what is important to realize is that such a confrontation is part of a much larger series of wars or a wider struggle between the powers of Eurasia and the nations of the Periphery, led by the United States." India is suspected to have got Tungsten plated with Gold for its pure Gold,in the 1990s when M M Singh is involved.Why else would one take up the risky job of "transferring Gold to and fro" within a few days?47 MT with the Bank Of England and 20 with the Union Bank Of Switzerland.India at the losing side of a Diomedian Swap? It is worth noting that BoE is suspected to be involved in the LIBOR rate-fixing scandal.
The Gold Tungsten Scam has been going on from the 1980s.[Tungsten and Gold have almost the SAME DENSITY] It is worth noting that,M M Singh,in the 1990s wanted Gold Bank[ to confiscate the Citizens' Gold and replace the 'FAKE' Gold,of course,on the diktat of the IMF and the World Bank?]. As in 2013,the RBI,seems to want to revive this dangerous,ANTI-PEOPLE, scheme.
2.Divestment of PSUs.Fiscal Deficit was kept deliberately high.Rothschilds who are suspected to have PLANTED MM Singh in the Indian banking and Political scenes ARE the ADVISERS to the Indian Government on the Divestment of PSUs!A similar advice by them to Margaret Thatcher shattered the British Economy.Their aim in India also seems the same,as they ,are reported to have a penchant for bankrupting Nations and ruling them over.Thus those who are suspected to have PLANTED MM Singh, ENJOY IMMUNITY in India by proxy.
Privatization,PPP etc are equivalent to bankrupting the Nation,as the National Wealth,belonging to the people of the Republic Of India, is sold at a very cheap rate or shared with a FEW individuals. PPP makes Private players partners in the Government ushering Oligarchy,in the Democratic Republic Of India.Privatization and PPP,do away with CAG Audit also:-the Thieves can have a field day. At present India is NOT,in so bad a position as to sell the Family Silver.Doing so,will leave the Nation bankrupt during emergencies,as the Reserve has been sold off cheaply at GOOD TIMES,when there was NO NEED to do so. As per TOI,the UPA, has given a tax incentive to the Oligarchs to the tune of Rs 4.6 Lakh Crores last year[2010/2011] 3.Indo-US Nuke deal.Crude price increased to $145 per barrel and the same was cited as one of the reasons for justifying the deal.. 4.OMCs are PROFITABLE. THIS link shows P.Chidambaram admitting the same,on 4/11/2013. An excerpt, from the link above:- "However, for the 14 PSUs in the oil sector, including Oil & Natural
Gas Corp, Indian Oil and GAIL India, the ministry has sought a 30 per
cent dividend, official sources said.
The Finance Ministry
believes dividend from CPSUs is a return on investment made by the
government and it should be commensurate with profits." Indian Oil Marketing PSUs are shown to run on LOSS,and the same is cited as the excuse, though they are reported to give the UPA Govt good returns for Subsidy reduction for them and Petrol and Diesel, price deregulation.
The UPA earns MORE than it spends on subsides!
BUT Tax Incentive to the Oligarchs in 2010/11,ALONE,is Rs 4.6 Lakh Crores.
An excerpt from the, SECOND,, link above:-
"The next question is whether the government is actually running a deficit vis-a-vis the petroleum sector. A macroeconomic view of the petroleum sector gives us an exactly opposite picture. Surya P Sethi, former energy adviser to the Planning Commission, estimated the contribution of this sector through taxes to the central as well as the state governments and contrasted it with the total subsidies provided by the government.
Table 4 presents the data in this regard. He presents the data till 2008-09. To extend the data to 2010-11, a search at the same source as his remained futile since the Petroleum Planning and Analysis Cell has removed both the historical as well as current data on this.
This table shows that in all the three years from 2006-07, the tax contribution of the petroleum sector is higher than the subsidies provided by the government, inclusive of the so-called under-recoveries. During 2010-2011 (data taken from Editorial, Peoples’ Democracy, July 3, 2011), the contribution to the central government exchequer from the petroleum sector is reportedly Rs 1,36,000 crore and to the state governments about Rs 80,000 crore. The subsidy provided by the government including the oil bonds issued on the public sector oil marketing companies during the same period is Rs 40,000 crore, i.e., 20 percent of petroleum sector’s contribution in taxes and duties.
Thus, the petroleum sector is not a drain on the Indian exchequer. Let us also address the issue of under-recoveries, which becomes a sore point for the government and the media. This figure is often quoted to show that the oil companies are incurring losses due to the governmental regulation. What do these under-recoveries mean? The difference between the cost price and the realised price represents the under-recoveries of the oil marketing companies (OMCs). The realised price is the post-tax price".
"Oil refining and marketing companies which are unable to pass through any increase in the price of crude oil thus suffer ’under-recovery’ of costs. Technically under recovery which is the difference between the price at the refinery gate (desired price) and the realised price. It has been argued that there is no ’under-recovery’ of costs as the price of diesel at the refinery gate is based on ’trade parity’ price which has a generous padding of notional costs such as ocean freight which are not actually incurred by the refinery in question. As shown in the column D of table 1 below, the desired retail price of diesel as on November 1, 2011 was Rs. 49.48/litre (including Excise, VAT & Dealer Commission) on the basis of current framework for assigning retail price of diesel. The column F shows the price of diesel based on indicative cost estimates for a refinery importing crude from abroad and also on good international benchmark refinery margins. The price based on indicative cost is about Rs. 47.71 /litre and is about Rs. 1.77 less than the price based on current pricing formula. The ’under recovery’ will be substantially less if it were defined as the difference between the refinery gate price (not import/trade parity) and realized price. When crude price is low or refinery margins are less or Indian rupee appreciates it is possible that there is a substantial ’over-recovery’. The argument that refining companies should price their products on the basis of cost is not valid on the basis of economic principles according to which the value of a scare resource is calculated on the basis of its replacement cost."
THIS is a superb LINK. As per THIS Press information Bureau Release by the Ministry of Petroleum And natural Gases,,dated,2/8/2011, the following is the break up, as regards the price of Petrol:-
Petrol price as on 01.08.2011
(Rs. per litre)
Price paid to refinery @ Trade Parity
35.39
Inland Freight
+ 0.65
Marketing Cost and Margin
+ 1.47
Excise Duty (including cess etc.)
+14.78
Total price after Excise duty
= 52.29
Less: Under-recovery absorbed by OMCs
(-) 00.71
Price Charged to Customer - Depot Price
= 51.58
Dealer Commission
+ 1.50
Value added Tax (Including VAT on dealer commission.) *
+ 10.62
Retail Selling Price * *
= 63.70
* VAT as per Delhi. It varies from 33 % to 15 % from State to State
** Petrol Price is decontrolled with effect from 26thJune, 2010. The price break up is as per IOC.
As the OMCs have no competition,doing away with "Marketing Cost And margin" and "Dealer Commission",will save Rs 2.97/=,in addition to VAT on the latter [Rs0.50].Hence a total of Rs 3.47/= per Litre of petrol can be saved..... It is noteworthy that the so-called,under-recovery is, ONLY 71 PAISE!!! BUT,ACTUALLY,THE SO-CALLED,UNDER-RECOVERIES,ARE IMAGINARY,AND NOT THE REAL LOSS SUFFERED BY THE OMCs. In addition,certain jugglery[amounting to BLATANT LIES,reportedly],are involved,in the [mis]-calculations of the "under-recoveries",by/of the OMCs! Ethanol Blending with petrol results in, at least, Rs 1410 Cores annual profits for the OMCs.
5% Ethanol Blending with petrol to be made mandatory from December,2012. 5. Inflation kept high and Rupee weakened deliberately for ushering in FDI in retail.And the "excuse",in item 4 will raise Inflation at a very rapid pace.Two BIRDs with one stone for MM Singh and his Masters. DEREGULATION AND PRICE HIKES OF PETROLEUM PRODUCTS,WILL HELP THE MNCs AND THE PRIVATE PLAYERS TO MAKE HUGE PROFITS AT EXPENSE OF INDIANS!THUS DEREGULATION AND FDI IN RETAIL ARE CONNECTED!!! Wal-Mart spends more than Rs 52 Crores in India for Lobbying in the last two years.Who gains?Is this NOT corruption? 6.Food Bill and Food shortage/NEED, will be created for ushering in the GMO for favouring US GMO Cos.New Zealand's Food Security Bill,the shape of things to come,if NOT countered. The proposed Food Security Bill. 7.War On terror is used to make the Citizens voluntarily lose their freedoms.UID,Smartgrid,Natgrid. The proposed ID Bill.
8.On the Global front Climate gate is used to usher in Carbon tax,Carbon Trading Carbon currency etc. 9.The Green Initiative to make Paper less and electronic record.This way nobody will OWN TANGIBLES. ATMs,Demat Accounts,EVMs,MERS,Financial Transaction via the NET, enable, Electronic and Digital theft by the Technically savvy who are either the Government itself or the technically powerful. The proposed ESD Bill. Though an article on the Italian Financial Mess,thanks to the Globalist bankers,THIS may as well apply to India.
10.India,reportedly, bought 193 MT of Tungsten Bars plated with Gold from the IMF.The excuse being increasing India's Gold Reserve.India at the LOSING side of a Diomedian Swap,for the second time? The GOLD with the RBI,[EACH SAMPLE], has to be assayed for PURITY and AUDITED for Quantity.
To be continued.....
Grievance To The President Of India
Your Excellency madam President,
I had sent a grievance to Your Excellency, in 2009 and the situation in India now,is EXACTLY as
mentioned there in.
http://ramadeva2.wordpress.com/
Today the whole nation is tired of M M Singh's CREATION of PROBLEMS and coming out with
"SOLUTIONS",which are nothing but anti-National policies. The Deus ex machina.
In the following link,I have mentioned some similar instances of great importance to India and
her people.These are very serious,and if not STOPPED may see India LOSE her Sovereignty.Just as I
had requested Your Excellency, to save the nation in 2009,I once again beseech Your Excellency, to
do the same,as ONLY YOU CAN SAVE INDIA NOW,by preventing the mischief,which has gone too far,for attaining certain anti-India objectives.
