SARASIJ

  WHO IS CORRUPT, ME LORD? SARASIJ MAJUMDER Concept of Electoral Bonds:- The recipient parties could encash these bonds through their bank accounts, with no obligation to disclose the identity of the donor, not even to the Election Commission of India (ECI). Electoral bonds, functioning as promissory notes, were bearer instruments devoid of any buyer or payee information. Advantage of EB:- Electoral Bonds   eliminates generation of BLACK MONEY during ELECTION. Ruling of Supreme Court:- In a recent Supreme Court ruling in the matter of Association for Democratic Reforms & Anr. v/s Union of India, Electoral Bond Scheme (EBS/ Scheme) was declared as unconstitutional, including certain amendments to section 182 of the Companies Act, 2013 (“CA”), amended vide the Finance Act, 2017 as arbitrary and violative of the Constitution of India (COI). The SC ruling does not declare “political donations” per se as unconstitutional or invalid, what is rendered violative of constituti

  CORRUPTION, POLITICAL COMPULSION(??) AND KEJRIWAL SARASIJ MAJUMDER   Why is ED not arresting Arvind Kejriwal?   Since 2005, the Enforcement Directorate (ED), one of the premier investigating agencies in India handling economic offences, has registered 5,906 cases. Of them, the agency has managed to dispose only of 25 cases, a mere 0.42% of the total cases. But the agency wants one to pay attention to only this small number while making a claim of a 96% conviction rate.-- SOURCE--Reported in Wire. With its record of 0.5% success in securing convictions, which means 99.50% acquittal, it is visibly proven that the ED can’t seal most of the cases. Either Law has more HOLES to plug, or   ED is not a competent investigating agency. There will not be a single individual in India who has not made an unaccounted transaction ever. Here unaccounted transaction means any transaction done on cash. Let us take a hypothetical case. Suppose you have withdrawn an amount of Rs.50000/- from you

  SANDESH KHALI : EPISODE-2 THE RISE OF SHEIKH SHAHJAHAN THE BETAZ BADSHAH   SARASIJ MAJUMDER   Till a few months ago, Sandesh Khali, an island in West Bengal's North 24 Parganas district was just a dot on the map. But, over the past few weeks, this nondescript island has made national headlines and emerged as a major flashpoint between the Opposition in West Bengal and the ruling Trinamool Congress, due to TMC’S local strongman Sheikh Shahjahan. There are allegations and counter-allegations between rival political parties ahead of the general election, state election, and panchayet election. But scratch the surface and what emerges is a baffling tale of Shahjahan's meteoric rise to power and how he managed to covert this island into his fiefdom. Beginning of the Journey: 1.       Shahjahan's journey to become Sandesh Khali's strongman began well before the Trinamool Congress came to power. Nothing is known about his educational background. 2.       The colu

  NDA WHITE PAPER THEN AND NOW – A SUMMARY SARASIJ MAJUMDER When the NDA government took over the reins in 2014, the economy was in a very bad shape, nay, crisis. We faced the hydra-headed challenge of fixing an economy mismanaged for a decade, and we started restoring its fundamentals to sound health.   · Then, we were among the 'fragile five' economies; Now, we are among the 'top five' economies, making the third highest contribution to global growth every year. · Then, the world had lost confidence in India's economic potential and dynamism; Now, with our economic stability and growth prospects, we inspire hope in others. We share at Annexure 1 a snapshot of perceptions of two major international organizations. · Then, we had a scam-riddled 12-day Commonwealth Games ; Now, we successfully hosted a far-bigger and year-long G20 Presidency in 2023, showcasing India at its best in terms of content, consensus and logistics, providing acceptable so

  REF:WHITE PAPER --NDA PART-2: PERVASIVE CORRUPTION SARASIJ MAJUMDER Today, I publish the PART—2.   I HOPE TO COMPLETE   IN 4 PARTS, IN 4 DAYS. Reference URL of Part-1 is listed below. 1.       Coal Block Allocation: This financial scandal involved irregularities and corruption in allocation of coal blocks by the government to private companies for captive use, leading to an estimated loss of `1.86 lakh crore to the exchequer, as estimated by the CAG. 2.       Commonwealth Games: The event was marred by widespread corruption, mismanagement, and financial irregularities in planning and execution of various projects related to the games. Charge-sheets were filed in 8 cases which are under trial in courts of Delhi. Estimated amount of Pilferage- Rs.70,000 Cr. 3.       2G Telecom: This involved a loss of about ` 1.76 lakh crore of potential revenue to the government , as estimated by the CAG (at the rates paid for 3G spectrum)33. The corruption cases are in the appellate court

  NDA WHITE PAPER PART 1: The Economy in 2014 - An Inheritance of Loss ONLY EXCERPTS LISTED BELOW SARASIJ MAJUMDER The White paper tabled in the Parliament by NDA is a 59-page document, having several chapters. I share with you to day the Headlines, of all the clauses with number, under “POOR ECONOMIC INHERITANCE” by NDA from “UPA”. I will share all subsequently.   1. The UPA Government inherited a healthy economy ready for more reforms, but made it non-performing in its ten years. 2. Ironically, the UPA leadership, which seldom fails to take credit for the 1991 reforms, abandoned them after coming to power in 2004 3. Worse, the UPA government, in its quest to maintain high economic growth by any means after the global financial crisis of 2008, severely undermined the macroeconomic foundations. 4. One such foundation that was severely weakened by the UPA government was price stability. 5. The banking crisis was one of the most important and infamous legacies of the UP