The Times of India

9 November 2016 Wednesday

DEMONETISATION A Surgical Strike on Black Money and
Corruption
The Times of India
9 November 2016 Wednesday
New Delhi: BJP welcomed Prime Minister Narendra Modis bold decision to counter
the black money menace in the country and congratulated the PM on behalf of every
party worker for the move. It also appealed to all citizens to cooperate in cleaning the
system, with party president Amit Shah terming it as PM Modis..surgical strike
against black money.. Shah tweeted his views and that of the party:
PM@narendra.modijis decision to discontinue Rs 500 & Rs 1,000 rupee note will
immensely help in eliminating corruption."
Shah said, This decision of PM @narendramodi is a surgial strike on menace of
corruption and black money.. The interest oh honest taxpayers who have been
contributing in nation building has been protected.
On behalf of all BJP karyakartas, I compliment the central government & PM
@narendramodi for taking tough but timely & path breaking measures, he
addedShah said, Announcements made by PM @narendramodi are exactly whats
needed to uproot corruption, black money hawala & fake currency rackets, and
added, These announcements will go a long way in bringing economic prosperity in
the lives of the poor; middle class and
neo middle class. We can no longer let corruption & black money slow down our
development! journey We must create a prosperous India for future generations,
Shah said, He said, The elimination of black money will help, in boosting
development with justice.
Backing the governments move as one which will help curb terror activities in the
country Shah tweeted,
..Taking evil designs of anti-India elements who support terror on Indian soil, fake
currency rackets & narcotics also stand thwarted today..
Appealing to people to support the Centres move, the BJP president said, ...Let us all
support PM @narendramodiji in his efforts & together nurture a nation that we all
are proud of I once again congratulate himl.. Union minister Ravi Shankar Prasad
said it is a very courageous and bold decision which should be appreciated by all.
...We should join hands to check the menace of black money..

DEMONETISATION A Surgical Strike on Black Money and Corruption..

This is going to be the biggest JOKE
Read
Narendra Government to inject Rs 2.1 Lakh Crore to strengthen public sector
Banks, boost lending as reported on - October 25, 2017.
Rothschild controlled Indian media wont tell Indian people that Indian Economy
is SINKING and there is flight of capital.

Read
The Great Indian Bank Robbery
SC: 57 debtors have defaulted on Rs 85,000 Crore.
RBI- Gives List of Big Defaulters List to Supreme Court Says to ..Keep It Secret..
Rs 35,60,000 Crores of Bank Loans waived off
Indian Air Force Scam Purchase of 36 Rafael Fighter Jets for Rs 56 000 Crore
Hindu Nationalist writes on International Arms Dealers Sanjay Bhandari
RSS supports Homosexuality & LGBT Rights
RSS supports Homosexuality
CARTOONS on DEMONETISATION

Read
RSS supports Homosexuality & LGBT Rights
RSS supports Homosexuality
Demonetisation has nothing to do with fighting BLACK MONEY, rather to
recapitalize BANKRUPT - PSU Banks. An estimated Rs 35,60,000 Crores was
granted to various Corporate Houses. Later, this amount WAIVED OFF during UPA
terms.
This is your The Great Indian Bank Robbery which Rothschild controlled Indian
media doesnt want to speak about.
Kapil Sibal of Congress suggested that Narendra Modi Government is going to use
the money common people are depositing in banks to bail out big Industrialists who
have defrauded the banks. Arvind Kejriwal of AAP likewise underlines how its not
..Ambani-Adani.., who are being tormented but farmers, rickshaw-pullers,
shopkeepers and labourers.

Just because they are opposition Leaders doesnt mean they are LYING, they are just
telling what I am saying, DEMONETISATION was all about recapitalize BANKRUPT -
PSU Banks. Google - The Great Indian Bank Robbery.

Narendra Modi Government announced DEMONETISATION on 9 November 2016

Wednesday. Raghuram Rajan announced his resignation as RBI Governor, on 19
June 2016.

Read
Escape of Vijay Mallya
Urja Ganga Scheme
ONGC hired a Rig that belonged to Dhirubhai Deepwater KG-1
KG D6 Basin Scam
Betrayal of Satyendra Dubey
People from poor families and daily wagers STARVED after DEMONETISATION.
Poor people who did Bank accounts lost their entire savings. Many small
businessmen lost their small fortunes and committed suicide, as they could NOT
account for money they had kept in their homes. If you had to deposit money in
the banks, even small fortunes, you had to account for it, which would be very
difficult for small businessmen, who had no option but to forego it.
Read
Escape of Vijay Mallya
Rs 35,60,000 Crores of Bank Loans waived off
The Great Indian Bank Robbery
 Senior BJP Leaders praise DEMONETISATION

Read
Rs 35,60,000 Crores of Bank Loans waived off
The Great Indian Bank Robbery
RBI gives list to Supreme Court and says to keept it secret
SC: 57 debtors have defaulted on Rs 85,000 Crore.
Read
Rs 55 000 Crore Air India Scam
Rs 60,00,000 Crore - Thorium Scam ( Extended Into 2017 )
Rs 60,00,000 Crore - Thorium Scam
Indian Navy Scam Rs 19 000 Crore Scorpene Submarine Deal
Indian Air Force Scam Purchase of 36 Rafael Fighter Jets for Rs 56 000 Crore
Hindu Nationalist writes on International Arms Dealers Sanjay Bhandari
Indian Army News Report on Sex for Promotions
Indians Soldiers Beheaded by Pakistani Soldiers ( May 2nd, 2017 )
Foreign Companies to Produce Weapons and Weapon Systems in India
How Haryana Politicians Conned Poor Farmers
Who owns Jet Airways..?
 THE TIMES OF INDIA
19 November 2016 - SATURDAY
Kapil Sibal of Congress suggested that Narendra Modi Government is going to use
the money common people are depositing in banks to bail out big Industrialists
who have defrauded the banks. Arvind Kejriwal of AAP likewise underlines how
its not ..Ambani-Adani.., who are being tormented but farmers, rickshaw-
pullers, shopkeepers and labourers.

During the UPA tenure, Adani was granted a loan of Rs 72,000 Crore and
the Ambani Group was given loans worth Rs 1,153,000 Crore..
Raghuram Rajan as RBI Governor stated that many Big Business Houses in India
enjoyed ..Riskless Capitalism..; in good times they enjoyed profits and in bad
times they are bailed out by PSU Banks. Understand, the astronomical sums of
money given to them as LOANS was quietly written off, by PSU Banks.
Narendra Modi Governments doesnt want to give out details of the astronomical
sums of money given as LOANS by PSU Banks to BIG CORPORATE HOUSES, so
tomorrow; these corporate houses can simply deny receiving loans from
Government, as there is no public record. Narendra Modi Governments before
demitting office, can simply DESTROY all records and we will never know how much
money has been received by BIG CORPORATE HOUSES.
Incidentally, such remarks had directly targeted some of the most indebted
corporate groups whose names were listed by reputed independent research
institutions as defaulting on Multi Trillion Dollar loans. His remarks did not gone
down well with the big business interests, which later ran a subterranean campaign
against him Also because he gave NPA tag to Big Business Houses for defaulting on
Multi Trillion Dollar loans, which were later, choked of government funds.
After the exit of Raghuram Rajan, RBI gave PSU Banks Rs 70,000 Crores as relief.
Raghuram Rajan as RBI Governor also attacked economic policies of Narendra Modi
Government, claiming that they were tailored to benefit Big Business Houses in the
name of development and employment creation.
Read
The Great Indian Bank Robbery
Why former RBI Governor Raghuram Rajan was forced to
RESIGN..?
Raghuram Rajan announced his resignation as RBI Governor, on 19 June 2016.
Narendra Modi Government. Narendra Modi Government gladly accepted the
resignation of former RBI Governor Raghuram Rajan, who did his best to recover
TRILLIONS of US DOLLARS as loans given to BIG CORPORATE HOUSES.
Here is the answer given by
Rajans being attacked for fighting crony capitalism. He is the dream of the new
India: young, competent, and reached the top of the Indian central bank because of
his skill, not because of his political alignment
- LUIGI ZINGALES | PROFESSOR, UNIVERSITY OF CHICAGO & RAJAN'S CO -
AUTHOR, (HIS COMMENT IN AN ARTICLE)
 The Times of India
14 November, 2016
Ask Prime Minister Narendra Modi on
Escape of Vijay Mallya
Escape of Moin Qureshi
Lalit Modi Affair
Who owns Jet Airways..?

Raghuram Rajan, who was former IMF Chief Economist was brought to India in
the year 2007 by Former Prime Minister Dr Manmohan Singh, not by UPA
Chairperson Sonia Gandhi or Former Union Finance Minister P Chidambaram.
Dr Manmohan Singh is an economist himself and former RBI Governor knew
Raghuram Rajan as ex Chief Economist of IMF, as one of the Worlds Best
Economist and wanted him as his Chief Economic Advisor.
Dr Manmohan Singh as Prime Minister wanted Raghuram Rajan as RBI Governor
to stabilize the Indian Economy and stabilize the rupee, while managing
inflation, which was spiraling out of control. He wanted Raghuram Rajan to clean
Bank balance sheets of bad loans and end the usual practice of bailing out banks
at taxpayers expense. Dr Manmohan Singh himself widely considered to be a
clean and honest politician, whose political career got kick started when former
Prime Minister P.V Narasimha Rao appointed him as Union Finance Minster.
Read
The Great Indian Bank Robbery
Why former RBI Governor Raghuram Rajan was forced to RESIGN..?
DEMONETISATION and Cashless Society
Rs 35,60,000 Crores of Bank Loans waived off

How BIG Corporate Houses got BIG LOANS..?

When UPA government ( led by Congress President Sonia Gandhi ) came to power,
her government came up with a NEW POLICY to build infrastructure, the excuse
given was that Private sector would bring Funds, out of greed for profits.
The name of the NEW POLICY was PPP Model Public Private Partnership
Infrastructure - Dams , bridges, Barrage, government buildings, Roads , highways ..etc
This was Ofcourse a BIG Lie.
Private sector NEVER infrastructure projects because they are NEVER profitable.
It is always the government that invests in infrastructure.

To make the venture look profitable, within PPP Model was another NEW model
to build infrastructure Projects, called ( BOT ) - Build Operate- Transfer.
Read
Rs 60,00,000 Crore - Thorium Scam ( Extended Into 2017 )
Rs 60,00,000 Crore - Thorium Scam
Rs 55 000 Crore Air India Scam
Escape of Vijay Mallya
Indian Navy Scam Rs 19 000 Crore Scorpene Submarine Deal
Indians Soldiers Beheaded by Pakistani Soldiers ( May 2nd, 2017 )
How Haryana Politicians Conned Poor Farmers
Foreign Companies to Produce Weapons and Weapon Systems in India

Under BOT Model the Infrastructure Company that has invested its money in
the project, on completion of the project, is allowed to own the infrastructure for a
few years and levy charges on people using the concerned infrastructure ( example
you pay TOLL TAX on Highways ), in this way , the
company would recover its costs , make profit and
repay the PSU Bank , then transfer the ownership of
the Project to the government. As per the clauses in
BOT contract, after a few years of operation, once
the Infrastructure Company has recovered the
money, ownership of concerned Infrastructure
project is transferred to the government.

In practice , exactly the opposite happend, private

Infrastructure companies were offered Multi
Trillion Dollars loans from PSU Banks, if they
bagged an infrastructure project.

Ofcourse, UPA government ( led by Congress

President Sonia Gandhi ) never expected Private
sector would bring Funds, out of greed for profits
but rather the opposite. As expected , many newly
formed infrastructure companies, inflated Total
Project Costs ( TPC ) for Infrastructure projects by
about 323% in several cases , in most cases upto
200% and took huge Loans from PSU Banks.

In most cases, they NEVER started the infrastructure

project, giving various excuses for delays such as
environmental clearance, as a result of which , PSU
Bank Loans turned into Non Performing Assets
( Politically correct word for Bad Loans ).
Ever greening of Billion Trillion Dollar Loans
Many newly formed infrastructure companies that
came up to build infrastructure projects, resorted to
ever greening of loans, especially by taking loans
from one bank to pay only the interest portion of
loans taken from another bank. Eventually these
promoters defaulted on loans to all banks and went
scot-free.
Even as many Big Business Houses defaulted on
their debt obligations, they managed to retain all
their assets as their loans got restructured.
Now Narendra Modi Governments Development agenda to build infrastructure is
based on the same Public Private Partnership ( PPP ) Model.
Cash strapped Narendra Modi Government is resorting to selling off Government
owned companies to raise funds for infrastructure projects, when that did not suffice
it is now taking Multi Trillion Dollar Loans from Foreign Banks ( World Bank ) to
fund infrastructure projects.
DEMONETISATION was meant to replenish BANKRUPT PSU Banks, so that they
start lending money once again, to BIG CORPORATE HOUSES.

Read - The Great Indian Bank Robbery

Why RBI Governor Raghuram Rajan was removed by Narendra

Modi Government..?
BECAUSE he declared war on CRONY CAPITALISM

Once Raghuram Rajan assumed office on 4th September 2013 as RBI Governor, he
declared war on bad loans, forcing PSU banks to declare massive losses and
turning the screws on business groups that had flourished for years by not
repaying debts. Under him, RBI forced PSU banks to classify several loans as Non-
Performing Assets (NPA), which in normal course would have been treated as
standard.
Raghuram Rajan as RBI Governor, had begun to turn the heat on some of these
powerful business houses, many of these entities had already got their loans
restructured a euphemism for postponement of interest and principal
repayment.
He asked PSU Banks to tighten the screws
on the Big Business Houses that had not
repaid interest and principal for a
considerable period. The PSU banks,
which had been lax for some years,
suddenly started pressuring these groups
to sell their profitable assets to pay back
the debt on projects that had not taken off,
especially in the infrastructure sectors.
Raghuram Rajan as RBI Governor, the
PSU banks were quite emboldened and
have refused to meet promoters to
renegotiate deals. Under him, RBI
regularly conducted Asset Quality Review,
which forced PSU Banks to classify Non
Performing Loans as NPA, which forced
PSU Banks to set aside more funds to cover
for potential losses due to Non-Payment of
dues.
Under him, PSU Banks were given a deadline of March, 2017 to clean up their
Bank Balance Sheets (disclose the NPAs). No one before RBI Governor Raghuram
Rajan attempted to create a database of large borrowers along the lines of the credit
bureau for retail borrowers.
If given a 2nd term, he would have carried out the ..deep surgery.. that was needed
to cleanse Bank Balance Sheets of bad loans, ending the usual practice of endlessly
bailing out the PSU banks at HAPLESS Taxpayers Expense.
Its a case of organized Loot and legalised plunder. - Dr Manmohan Singh
The Times of India ( 25 November 2016 - Friday )
Dr Manmohan Singh warned long time ago that DEMONETISATION would sink
Indian economy, even I did not take him seriously but he is SPOT ON. Indian
economy is SINKING under Narendra Modi Government and there is flight of
capital. Many corporate houses ..in the know.. are moving their liquid assets
abroad. Why Indian Economy is SINKING..?
This is because Narendra Modi Government has taken HUGE Loans from foreign
banks. Narendra Modi Government will CRASH Indian Economy
Narendra Government to inject Rs 2.1 Lakh Crore to strengthen public sector
Banks, boost lending as reported on October 25, 2017.
Narendra Modi Government on Tuesday ( 24th, 2017 ) announced a fresh package
to breathe life into ailing Public Sector Banks through a Rs 2.1 Lakhs Crore
infusion that will provide them with much needed share capital for lending and
revive investment, crucial for job creation in the economy. Rothschild controlled
Indian media will never speak about The Great Indian Bank Robbery.
Read
1. Narendra Modi Government most generous write off
2. Expose Demonetisation of Narendra Modi Government
3. Narendra Modi Government destroying INDIAN RAILWAYS
 Understand
Narendra Modi Government made no effort to recover TRILLIONS OF US
DOLLARS doled away as loans from Big Corporate Houses, to save BANKRUPT PSU
Banks, instead instituted DEMONETIZATION, which involves complex money
manipulation to loot and plunder common man.
Narendra Modi Government instead wanted Indian society to become a CASHLESS
society, claiming this was the easiest way to fight Black Money. He wanted every
Indian to give up using CASH and instead use mobile banking / e banking to pay for
their expenses. The money doled away to Big Corporate Houses is now lying in
Offshore Tax Havens and is coming back to India in the form of FDI.

Read
Betrayal of maharaja hari Singh.
Rise and Rise of BJP
Rs 35,60,000 Crores of Bank Loans waived off

Mamata Banerjee for Prime Minister

Mamata Banerjee for Prime Minister

2019 General Elections

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