Showing posts with label MNCs. Show all posts
Showing posts with label MNCs. Show all posts

Tuesday, June 19, 2012

:Letter To the President Of India

Your Excellency Madam President,
                               CRORES of Pranams to you.I have made a grievance to your Excellency, regarding the so-called,"under-recoveries" of the PSU Oil Marketing Cos.Under-recoveries,grab a huge chunk of the National Exchequer,and have been doing so from ONLY 2005,AND NOT BEFORE.This is a very significant point.
                               Refining of Crude Oil is done in India but pricing,of the petroleum products thus produced,(IN India),and marketed by the PSU OMCs, is on the basis of International Benchmark,that too in US Dollars.THIS SHOULD BE IN RUPEES,BASED ON TOTAL REFINING COST.
                               Landed cost is misused,in the above,as refining is done in India.Landed cost applies ONLY for IMPORTED items,and not to the ones, produced in India.
   Please use the following links:-
http://veerar-analysis.blogspot.in/2012/04/deregulationomcsunder-recoveries-and.html
http://veerar-analysis.blogspot.in/2011/12/globalists-and-usas-way-of-getting.html
http://veerar-analysis.blogspot.in/2012/04/some-strange-coincidences-regarding.html

http://www.hindustanpetroleum.com/Upload/En/UPdf/Pricebuildup_PDS_Kerosene.pdf

  http://www.hindustanpetroleum.com/Upload/En/UPdf/pricebuildup_Diesel.pdf

   I have copied a sample, for making Judgement easy.Please, see below.
Price Build-up of Domestic LPG (14.2 Kg Cylinder) at Delhi
Sr. No. Elements Unit
Effective
1st June'12
1* FOB Price at Arab Gulf of LPG $/MT 852.78
2* Add: Ocean Freight from AG to Indian Ports $/MT 43.39
3 CF (Cost  Freight) Price $/MT 896.17
OR /Cylinder 689.03
4* Import Charges (Insurance/Ocean Loss/ LC Charge/Port Dues) /Cylinder 5.82
5* Basic Customs Duty /Cylinder 0.00
6* Import Parity Price (Sum of 3 to 5) /Cylinder 694.84
7* Refinery Transfer Price (RTP) for Domestic LPG
(Price Paid by the Oil Marketing Companies to Refineries)
/Cylinder 694.84
8* Add : Inland Freight, Delivery Charges etc. /Cylinder 39.46
9* Add : Marketing Cost of OMCs /Cylinder 12.38
10* Add : Marketing Margin of OMCs /Cylinder 6.68
11* Add : Bottling Charges (Filling and Cylinder Cost) /Cylinder 38.68
12 Total Desired Price (Sum of 7 to 11)
-Before Excise Duty, VAT and Distributor Commission
/Cylinder 792.04
13* Less : Subsidy by Central Government /Cylinder 22.58
14* Less: Under-recovery to Oil Marketing Companies /Cylinder 396.03
15* Price Charged to Distributor (Bottling Plant Price) (12-13-14)
- Excluding Excise Duty  VAT
/Cylinder 373.43
16* Add : Excise Duty (Including Education Cess) /Cylinder 0.00
17* Add : Distributor Commission /Cylinder 25.83
18* Add : VAT(including VAT on Distributor Commission) applicable for Delhi /Cylinder 0.00
19 Retail Selling Price (Sum of 15 to 18) /Cylinder 399.26
20 Retail Selling Price at Delhi (Rounded Off) /Cylinder 399.00
21 Under Recovery due to Rounding Down /Cylinder 0.26
* The explanatory notes are given in the attachment.

     The above is ONLY a sample.
     There is more to this,as aligning of the petroleum products' price with the Global ones is being contemplated,despite the per capita income in India is different from other countries and hence such an alignment is bad for and will adversely affect Indians, at large.
     But this has a mala fide aim.The FDI in retail being proposed now, has a connection will all the above,as the MNCs will benefit a lot,if FDI in retail is implemented at all,with very huge profits.The reason for "removal of subsidy",is also for the sake of the MNCs.In this context,it should be mentioned that the stimuli,which are continuing from 2008,,are nothing but HUGE SUBSIDIES,to the rich Oligarchs.
     I hope your excellency will do the needful.
Thanking Your Excellency,
Yours truly,
K.V.Sadasivan
       
Your Request/Grievance Registration Number is : PRSEC/E/2012/


Note: Kindly note your Request Registration Number for further references            
 
                     
   

Monday, April 23, 2012

World Economic Forum Is unhappy With India's Subsidies!

 The WEF has come out with a report,in partnership with,Accenture, recently making unreasonable and selfish demands on India.
1.It claims that "costly and inefficient subsidies are damaging the economy".It demands that the energy market be made "more transparent" and "efficient" ,for encouraging foreign private Investments,in its report:
The New Energy Architecture:India".
COUNTER:-
             QEs and printing of notes are also SUBSIDIES.These export Inflation from the hosr nations around the World.These also have to be stopped.Stimuli with tax-exemptions are subsidies. 
            Subsidy should be ;provided where the standard of living is low.India is one such nation,where ths majority in rurla areas,use the one space for defecation.Even in cities near slums this is very common.
            The perks and pays in  India are also far less than in many Nations.       
            A country is NOT for the Businessmen alone.As per Indian culture,Businessmen are only a part of the Society,which constitutes others who may be rich,middle-class or poor.Charity is one of the basis of Indian culture.Subsidy for the poor cannot be removed for the sake of the profit of a few Western and Foreign businessmen.
                    As regards the energy markets being made "more transparent",it is the Western Businessmen who should be transparent.For example they are,reportedly, making huge amounts in Philippines citing the so-called "under-recoveries", in petroleum products marketing.Enron is an example of deregulation,which the Western Businessmen demand.The unregulated Derivatives are damaging the whole Global Economy.Yet the Wall Street bankers are reported to be misusing them in many ways,bankrupting Municipalities, manipulating the prices of Commodities resulting in high Inflation Globally,thus making the life of the POOR, Middle Class and the Fixed-income Groups hell,as these three are unable to make both ends meet,resulting starvation deaths due to high food prices....The Wall Street bankers are also reported to be against REGULATING the derivatives..What sort of transparent system us this?
2.Demands separation of Government from PSUs.
COUNTER:-
  THIS IS PRIVATIZATION,which means LOSS of Sovereignty.Hence is NOT acceptable.
    During the 2008 Global Financial crisis, the Indian PSU banks were the ones, which saved the nation while,many private Cos lost more than 25 Lakh Crores in Derivatives....
3.The report cites India's inability to meet its energy demands.
COUNTER:-
     Wheres' THE WATER?The power industries guzzle water!India will face Water shortage if she caves in to the UNREASONABLE and SELFISH demand of the WEC for "more energy".Why the USA has de-industrialized?Transferring pollution and Carbon Emission to India and the MNCs,raking in profits,using India's resources like Water,Power,raw-materials and Cheap labour...?
4. Honest upfront information is needed.
COUNTER:-
       This can be incorporated in agreements and is expected of both parties.
  Again Foreign MNCs have been untrustworthy as regards the so-called, "UNDER-RECOVERIES"...
Now demands on the WEF:-
1.Fractional Reserve Banking is not acceptable as the bankers become the masters by creating Money out of thin air
2.Unregulated Derivatives are not acceptable.These are a very great threat to the whole world on many counts.
3.DEREGULATION is not acceptable as it will make the MNCs above National and International laws...
4.QEs and STIMULI,which are SUBSIDIES, are not acceptable.
To be continued

      

Sunday, April 22, 2012

Encouraging Consumerism In India,by The UPA For the Profit Of the MNCs...

  This is especially true of the Auto Industry and creation of demand for petrol,Diesel,CNG,LNG etc......It is worth noting that one MNC has started petroleum products marketing in India from 2004,the same year when MM Singh became PM of India and this MNC is reported to be the Master of M M Singh....The MANIPULATION works like this......And many US and European Auto-makers set up shops in India,mainly due to the cheap labour,and for the resources like Water[the industries guzzle Water and this will create problems for India  in future or the problems have already started as the Ground-Water Table is depleting in many areas.Borewells are also cited as another reason],Power[the MNCs can misuse this and rake in profits and India will have to answer for the so-called,"Carbon Emission"], Raw-Materials and Infrastructure,which can be "improved" by providing HUGE LOANS thus tightening the grip of the International Bankers on India,while the MNCs make profits via the Stock market,with the economy "growing"....
         Many of the recent mega-scams under the UPA are due to the encouragement to CONSUMERISM,among others........
The VERY FIRST THING IS KEEPING FISCAL DEFICIT DELIBERATELY HIGH.
1.MM Singh's master starts a venture in India.for example Shell LNG terminal in Hazira from 2004,the same year M M Singh was lucky to become PM of India.
2.Now this MNC has to be allowed to make profits by BENDING Rules.How?The CEO of Shell India,Vikram Singh Mehta becomes the Advisor to the Ministry of Petroleum And NG!!!
   IT IS WORTH NOTING THAT THE ROTHSCHILDS ARE THE ADVISORS TO THE GOI FOR DIVESTMENT OUT OF INDIAN PSUs.....The Government of India INFILTRATED?
3.The Indian OMCs raise prices of fuels,citing under-recoveries,which they started using/claiming/reporting ONLY from 2004!!!
  UNDER-RECOVERIES ARE IMAGINARY AND NOT ACTUAL LOSSES INCURRED BY THE INDIAN OMCs.It is a mala fide accounting trick...
       Now having set up the scenario for the profit of "THE MNC",demand for the fueks have to be increased...
For this Consumerism has to be encouraged by..
i.Easy Bank Loans for purchase of vehicles running on petrol,Diesel,LNG and CNG
ii.Reduce interest rates,so that Loans are cheaper.RBI takes care of this.Then RBI claims that to keep the Fiscal deficit LOW,the Fuel prices have to be HIKED!
iii.Keep the Media under control,and use the HYPE for RAISING fuel prices,MISUSING the so-called EXPERTS.Increase the pressure by repeated articles,interviews etc favouring a rise in Fuel prices.
iv.CREATE THE FEAR OF "LESSER ECONOMIC GROWTH"....
To be continued....

Tuesday, April 17, 2012

RBI is insincere in its Policies......


17/4/2012:-RBI reduced rates [repo] by 0.50% and immediately recommended raising the prices of Diesel,petrol etc.
This,shows the insincerity of the RBI.Who can an ordinary Indian trust?Some car-makers are foreigners,having shifted from areas of high cost of labour..is it to favour those US and European MNCs?Bank loans will be more and they will also profit.
 Indirectly the RBI has favoured Fuel consumption by the rate reduction.The vicious cycle,,,One suspects that the MNCs are pressing for DEREGULATION so that they need not obey India's national laws and make huge profits, irresponsibly.
The rate reduction is also for making India a Stock market-based economy.....
The diktat of the G-20,MNCs,World Bank and the IMF are being followed by the RBI and the Govt led by the Indira congress party at the Centre.....
To be continued....

Saturday, March 17, 2012

Why MM Singh prefers,the MNCs to Indians and Indian Cos?

Why MM Singh prefers,the MNCs to Indians and Indian Cos?Because,he is a Globalist[anti-National,and hence anti-India/n],member,Club Of Rome[Gorbachev is also,a member,and he is, reported to have betrayed,the erstwhile USSR].
  The following,among others,are disturbing for Indians...
1.The 3 G spectrum e-auction was offered to the Rothschilds,who made Rs 30.5 Crores,as commission.
2.The 6 brokers were,All, foreigners ,namely,Citi,JPMorgan,Nomura,Morgan Stanley, DSP ML and HSBC,in the recent ONGC "Divestment",by auction.
3.All survey and reports are handed over to Foreigners.
    There seems to be a "secret" understanding,among the Oligarchs and Governments, [India and Foreign],as the MNCs are setting shops in India,for her cheap Labour,Resources like,Water,Power,Minerals,Raw materials,Land etc,while the Indian IT Cos,are outsourced jobs.These create unemployment and "poverty" in the West.....
To be continued.......

Monday, March 5, 2012

Reasons for the Divestment of the Indian PSUs by MM Singh.

1.To offer business to the MNCs.This is similar to the Cochabamba Water Wars, in Bolivia,2000,though Infrastructure is also involved,as in India[proposed]

2.To weaken the people of India,as the Unions in the Indian PSUs have a HUGE membership,and in the scheme of the things [One World Totalitarian Government],the POWER of these will be enormous to be encountered.This is a slow squeezing by the Python,MM Singh,to wring the life out of the UNIONS.
3.To DIVERT some amount,you know what I mean.
4.By totally PRIVATIZING everything,the Govt need NOT pay pension.
5.To convert the Democratic Republic of India into an Oligarchy.
6.Privatization allows employees to be FIRED from jobs easily.This coverts the Government into a Dictatorship.
To be continued.....

Saturday, October 8, 2011

Globalization and Investment Banking for Looting the Wealth of the People and Nations.

Globalization and Investment Banking,are misused  for Looting the Wealth of the People and Nations. The recent agreements of UPA with the USA,insist on certain things like "encouraging" Stock,Commodity and Currency markets in India.One of the reasons is that the USA is de-industrializing at a rapid pace from the 60s of the last century,mainly concentrating on the:-
1. Military Industrial Complex,with Weapons Sales and unending War,recommended by PNAC[Project For The New American Century] as a means for profit.
THERE IS ANOTHER SCHOOL OF THOUGHT WHICH POINTS TO ENDLESS WARS,GLOBALIZATION ETC AS A COVER UP OF FOR SOME MASSIVE FINANCIAL FRAUDS[THEFT OF NATIONAL WEALTH.This is to be confirmed]
The case of Leo Wanta is very baffling.


2.Finance and Banking with speculation[DERIVATIVES] as tool for looting,nations and bankrupting them.This has been successful for the Investment Bankers with Municipalities,in the USA,Italy and France to name only a few.In many cases the Investment Bankers have been sued,as in Italy,for lack of clarity as regards the Derivatives. The case of Greece is,also, a very good example.
  An excerpt from the link above[DERIVATIVES]:-
"The five biggest banks hold 95 percent of derivatives: Nearly the entire market in derivatives — the credit instruments that helped blow up some of the nation’s biggest banks as well as mega-insurer AIG — is dominated by just five firms: JP Morgan Chase, Goldman Sachs, Bank of America, Citibank, and Wells Fargo."
All the five are US banks!      
3.Pharma
4.Civil Aviation
5.GMO [To usurp IPRs in India's indigenous  Food grains,plants,vegetables etc,which have been grown for millennia.In India  Brinjal is the target,initially.]
6."Education" for making money in countries like India. Student Loan scam can make Crores of Students Debtors for life to the Banks, whose Business will also spiral.
7.Manufacture of Civilian Airliners.
8. Retail.
Why are the Investment Bankers so successful in not only making minimum 100% profits but in bankrupting nations too?The answer is:-
1.INSIDE INFORMATION. Another LINK.
2.The DISHONESTY of the Leaders of most Nations.


3.Their weapon,the Derivatives,are not regulated by any rules,and hence BEYOND Law!This is why the Western Nations and their MNCs, want deregulation and "market Economy",so that they are not bound by International law/s.
4.Their enormous wealth with Fractional Reserve Banking,as a blessing for high leverages:-
   Fractional Reserve Banking,makes the value of the Currency many-fold,in the hands of a Banker, than the SAME AMOUNT in the hands of ordinary non-Bankers.
  This is why the Investment bankers are against Gold Standard,preferring Fiat Currency,and BANNING Of DERIVATIVES. 
  Due to their contacts,with the Governments,the Investment Bankers,have inside information regarding Policy and Globalization has enabled them to enter other nations,where this WEAPON,Derivatives coupled with inside information and Fractional Reserve Banking, is deadly in their hands.
To be continued..........