Letter to the prez 27/3/2013

 Honourable president,
                     
SUBJECT:-India is being sold to Foreigners,her Sovereingty is AT stake.
Wish you,your Family and Staff a very happy Holi.
                      I am very much,worried about the policies of the M M Singh-led Coalition.I have written a letter to the 12th president of India,which can be found at this site.
       http://ramadeva2.wordpress.com/
                       The present Coalition at the Centre under M M Singh has been misusing CRISIS CAPITALISM,to usher in anti-India and pro-MNC policies, which entail Loss of Revenue, Sovereignty(SEZs,FDIs and the proposed NMIZs).
  The latest excuse by Chidambaram,to usher in FDI in Defence citing,high CAD is the height of it.Please see the following link:-
http://www.moneycontrol.com/news/cnbc-tv18-comments/finmin-mulls-measures-as-q3fy13-cad-may-hit-6-sources_843457.htmltoptag

First India has to reduce Crude Oil import,which is not done to:-
i)Maintain the primacy of the US Dollar.This will initiate a vicious cycle,in Rupee viz-a-viz the US Dollar.
ii)Appease the MNC and Indian Automakers.
ii)To sell a high level of petroleum fuels for the profit of Oil Cos especially the private ones,by encouraging Consumerism with cheap loans from banks to buy vehicles like csrs, SUVs etc.
      The other areas in which the Nation is losing ,and hence need immediate and urgent attention,are:-
1.Tax-evasion under the pretext of "Charity in Education".Charity has been misused by many "profitable educational institutions",as per reports.
      This will pose a very great danger in Future or is already doing so,via Charity in Education,used as FRONT.
      This is reminiscent of the tax-exempt Foundations of the USA,as revealed by eminent,late Mr Norman Dodd. Please use the following links:-
     

 http://www.youtube.com/watch?v=YUYCBfmIcHM

  http://vimeo.com/8611105

2.The stimuli started in 2008 ,have to be stopped.these are also SUBSIDIES.These ERODE the wealth of Indians,due to erosion in the value of the Rupee.

3.In this context India has to take up,with WTO,the QEs and printing of notes by the US Federal Reserve,ECB,BoE and BoJ etc.These are also SUBSIDIES and hence unfair.
     They export the USA's Inflation worldwide which includes India too.
4.Under-recoveries claimed by the OMCs are IMAGINARY.They are misused mainly to HIKE the prices of INDIVIDUAL petroleum fuels,to benefit the Private players,the MNCs and Indian private players.
     Cost-based pricing of petroleum fuels,which was being used till 1990s,was replaced UNETHICALLY.In the Cost-based pricing,the prices of INDIVIDUAL petroleum fuels is NOT POSSIBLE.My Cost-based pricing,using break even rice,shows that the OMcs make a profit of Rs 2000 per barrel of Crude refined.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://indiatracker.wordpress.com/2012/06/23/unethical-pricing-of-petroelum-products-in-india/
      In addition,the tax collected by the National Exchequer(Centre and States combined), is always far more than the so called SUBSIDY.
       obcp
5.FTAs are being signed or about to be signed left,right and centre,which will pose a very great threat to the survival of India,her businesses and her Sovereignty.
    FTAs should NOT be signed.
6.Most of these are due to, possible and strongly suspected DOMINATION of the IMF and the World Bank in India's decision-making.
Honourable President,I request,that India be NOT sold to Foreigners and he Sovereignty maintained,which the present polices will not be ab le to.
       .

Thanking You,
Yours truly,

K.V.Sadasivan

      Your Request/Grievance is Registered Successfully!!

M M Singh's CRISIS CAPITALISM for FDI....

  M M Singh, is,a member,Club Of Rome,NOT ELECTED,and is very strongly suspected to be PLANTED by the IMF and the World bank controlled by the Western Globalist oligarchs.
  The Globalists misuse,"CRISIS CAPITALISM", for ushering in UNPOPULAR  policies favouring  them,but anti-national,anti-poor,anti-Middle Class and ant-Fixed-income Groups,of India.
    Many policies,from 2004,have been implemented this way.What more,M M Singh himself,is very strongly,suspected to have been made the FINANCE MINISTER IN THE 1990s,under P.V.Narasimha Rao,by resorting to such a shenanigan, by M M Singh himself along with his master,the IMF.These have resulted in huge Financial losses by way Tax Revenues to the National Exchequer,not to speak of the many mega-corruptions,like CoalGate,2 G Spectrum scam,the Under-recoveries Scam of the OMCs,started from ONLY 2005,SEZs,etc.
     Now the RBI Governor Subba Rao says the CAD is HIGH and this can only be brought down by allowing more FDIs!!!What a LIE!!!he has been ordered by the Crisis Capitalist M M Singh.
    FDI will result in :-
1.Loss of Revenue by way of Tax concessions.
2.The Indian Rupee is now in the CONTROL of the FIIs and NOT the RBI!This CONTROL will further be consolidated,by the Foreigners.When a naation LOSES CONTROL over her own CURRENCY,she is doomed.The M M Singh Government has allowed.What legitimacy,it has?Is this NOT anti-National?
    What India needs to do urgently is:-
1.Reduce Crude Oil Import,on an urgently based,on the BREAK-EVEN price for refining.Not doing do,will make the US Dollar against the Indian Rupee,causing a vicious cycle,when the nations' CAD would go on rising! 
2.STOP the stimuli started in 2008 and reportedly continuing.This is reported to be Rs 13 LAKH Crores.
3.Stop the tax concessions for the SEZs.These are reported to be very high.
4.Switzerland,has reportedly,agreed to provide data on Clients,from February,2013.BRING THE BLACKMONEY back.
5.India seems to be losing huge sums.via Transfer Pricing of both the MNCs and Indian Cos.
  High time these were done.Else India will be BANKRUPTED with wrong polices.
26/3/2013:-
      Now, Chidambaram is following Crisis Capitalism.He has allowed CAD to rise to 5%,and threatens that it would rise to 6%,in the Current Fiscal.Fear is the key!!Crude Oil import has to be reduced.This is the correct method now.But he does not do that,for the PRIMACY of the US Dollar and to bring in anti-India and pro-MNC polices like FDI in Defence which will entail Revenue Loss,causing a vicious cycle,to be started.
Will be continued.....

   

WEEKLY TREND;10/2/2013

India:-
1.The Stock Markets may be flat, with a negative bias till Budget,now that the divestment out of Oil India and NTPC are over.
      It is very sad that the PSUs are being DIVESTED out of,which will make India lose her Sovereignty:but,more important make her VULNERABLE with no RESERVES to fall back upon, during emergencies resulting in BANKRUPTCY too.India's Fiscal position is alarming due to wrong polices,resulting  LESS taxation of the oligarchs[huge loss of revenue due to SEZs etc]Sadder still that the UPA,due to its insincerity in rule the nation, makes monkeys of the small investors,misusing the Stock Markets.
2.The Baltic Dry Index is LOW.Global economy is in trouble.
3.Crude is HIGHER. Inflation may rise.
4.Due to Currency wars Gold, Silver [and other Commodities],look better to preserve one's wealth.
5.Maha Kumbh "MAUN AMAVASYA" being celebrated by the Hindus.
Global:-
1.China becomes the biggest Trading Nation in the World.
2.Currency wars pose an immediate threat to the Global Finance,Trade.
3.Governments tout out fake figures......

India Inching Towards Bankruptcy......

  India's Fiscal Position is very bad,what with:-
1.The Fiscal Deficit VERY HIGH
2.CAD very HIGH
3.External Debt HIGH.
4.Inflation HIGH.
5.Tax Revenue "sacrificed' from 2005,by way of concessions to the  SEZs = Rs 12,69,600 CRORES ,[based upon 2005 figures.Taking Inflation into consideration,this will be very high,NOW].THIS IS MASSIVE ALMOST EQUALLING THE TOTAL ANNUAL EXPENDITURE!!!

 Can a  nation survive with such losses?Definitely not!!
    
6.Under-recoveries claimed by the OMCs,UNJUSTLY,Rs 1,61,000 Crores this Fiscal.Last Fiscal it was Rs 131000 Crores.under-recoveries claimed by the OMCs, go on INCREASING despite massive hikes in the price of the petroleum fuels!!!
  Under-recoveries were started in 2005,after M M Singh became OM in 2004,and so far the loss to the National Exchequer may be in the range of Rs 6 to 7 LAKH CRORES and COUNTING.
7.Losses in CoalGate,2 G spectrum etc are massive.
8.There are also many "minor" scams.
9.STIMULI from 2008 is reported to be Rs 13 LAKH Crores so far and counting,as they are continuing.
10.India Inc lost Rs 24 LAKH Crores in 2007/8,due to ignorance regarding Derivatives/Forex.The involved bankers,were,reportedly let off with petty fines.
       The value of the Rupee has fallen by 300% from 2008 due to this,MASSIVELY ERODING the wealth of Indians..
       India cannot survive with such bad policies. BANKRUPTCY,IS STARING INDIA IN HER FACE.
To be continued.......

Tax Evasion,SEZs........

  Tax Evasion,especially,by MNCs is a serious problem.Not only are they benefitting by cheap labour,Resources like water,Power etc,but there are cases they evade taxes by the so-called."tax planning',when they are offered tax-concessions!!!
    THIS link is a very good read,on the subject matter.This link mentions about the huge losses in SEZs too.An extract from the link above:-
"38. The concessions, upon deeper examination, show that they are acting as avenues of tax havens for
big corporates and multinational giants. There are presently 578 formal SEZ approvals granted since
notification of the SEZ act in 2006, and of these, 325 have been notified. As on March 31, 2009, Rs
98,498 crore had been invested in the new-generation SEZs. It is estimated that the tax breaks,awarded to SEZs will cost the government more than £150 billion. It is estimated by the finance
ministry that the revenue loss on account of SEZs could be over $25 billion for 2007-10, which
would be nearly 4-5 per cent of total tax revenues of the government."
       The loss to the Government per Annum,as on 10/2/2013 is:-
British Pound = Rs 84.64.Hence  Rs 12696 Billion = Rs 1269600 Crores.Another annual 2 G spectrum scam multiplied 10 times!!
     A case study of the Polepally SEZ,Andhra Pradesh,shows the adverse impact on Human values,Culture,Society,Pollution, Coercion,politics,ethics, Local leadership,respect for traditional practices etc.

     Other interesting news;-
Shell India gets notice from IT authorities.
Nokia gets Notice.
What IT subsidiaries of the MNCs reportedly,do.
THIS LINK,provides among others the losses due to Tax Concessions and concludes with:-
".While the SEZ Act and SEZ Rules are steps
in the right direction aimed at providing
a momentum to growth in exports and
employment, it is essential that the tax
incentives provided for in the SEZ Act are fine tuned
with the present scheme of taxation. A
proper understanding between the Commerce
Ministry and the Finance Ministry would go a
long way in ensuring the same."
To be continued......