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"PM MODI BOMBS CONG AT FICCI MEET, FOR LOOTING BANKS, BY INFLICTING (NON PERFORMING ASSETS) NPA SCAMS"
 
 
PRIYADARSHINI SIDDHARTHA REDDY
CHAIRMAN
BOARD OF EDITORS
 
  PM MODI BOMBS CONG AT FICCI MEET, FOR LOOTING BANKS, BY INFLICTING (NON PERFORMING ASSETS) NPA SCAMS  
 
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MODI CURSES SONIA-RAHUL 2004-2014 GOV FOR BANKS’ NPA CRISIS
MODI QUESTIONED FICCI SILENCE WHEN CONG GOV DID SO MANY SCAMS
MODI URGES FICCI TO STRIVE FOR “ECONOMY REFORMS” SUCCESS
Sample 1
PM MODI CAPTIVATED HEARTS & MINDS AT FICCI 90 ANNIVERSARY MEET

 By: PRIYADARSHINI SIDDHARTHA REDDY
 
 CHAIRMAN BOARD OF EDITORS
 politicsparty.com
 sidredbuzz@gmail.com
 26 June 2018
 

The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), captivated the Minds and the Hearts of the FICCI Audience and urged the Business & Industry Bosses to participate actively in the Finance Reforms initiated by the PM Modi Government.


Prime Minister Narendra Modi severely indicted the Sonia-Rahul Family misled Congress Party Government 2004-2014, for the Non-Performing Assets “NPA” SCAMS & Financial Crisis in Banks.


The Prime Minister Narendra Modi spoke superbly addressing the Multi-Sector Business Audience, at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI) on 13 December 2017 at New Delhi.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), attributed the surge in the Non-Performing Assets (NPAs) in the India Banks System as the biggest SCAM of the Congress Party led UPA Government.


Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), designated the Non-Performing Assets (NPAs) in the India Banks System, as the biggest SCAM of the Congress Party led UPA Government, even bigger than the Commonwealth Games Scam and the 2G Scams.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), questioned the sinister Role of the Congress Party led UPA Government in sanctioning of Huge Unpayable Loans to select Crony Businessmen close to Sonia-Rahul Family and their Corrupt Power Brokers in Government & INC.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience:

“Yeh NPAs UPA sarkar ka sabse bada ghotala tha. Commonwealth, 2G, koyla, sabhi se zyaada bada ghotala. Yeh ek tarah se sarkar mein baithe logon dwaara udyogpatiyon ke madhyam se janta ki kamaai ki loot thi.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience:These NPAs were the biggest scam of UPA government. A bigger Scam than Commonwealth Scam, 2G Scam, Coal Scam, Aircraft Purchase Scam, VVIP Helicopter Scam, Submarine Scam and the Other Congress Scams. In a way, this was a way for people in the government to loot the public’s wealth through the medium of industrialists).”


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: I am bewildered by the silence and inaction of the Institutions, including the FICCI about the Congress Party Government Scams in the Banks and in the Finance Sector.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: “Mujhe jaankari nahi hai ki pehle ki sarkar ki neetiyon ne jis tarah banking sector ki durdasha ki, us par Ficci ne koi survey kiya hai ya nahi? Yeh aaj kal NPA ka jo halla mach raha hai, woh pehle ki sarkar mein baithe arthshastriyon ki, is sarkar ko di gayi sabse badi liability hai.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: I am not aware that if Ficci has done any survey on the way the previous government’s policies worsened the condition of the banking system. The hue and cry over NPAs these days is the biggest liability transferred by economists of the previous government.”


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: I ask each one of You in this Audience: What were Institutions like FICCI doing, when some Corrupt Persons in the 2004-2014 Congress Party Government, were putting pressure on the Banks to sanction Loans to select crony Businessmen and favoured Iindustrialists.


The Persons the previous government knew, banks knew, industrialists too knew, even the market-linked institutions knew about the wrongdoings, in the Banks and in the Finance Ministry and in the PMO.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience:

“Yeh log maun reh kar sab dekhte rahe, kya unhe jagaane ki koshish, kisi sanstha dwaara ki gayi (These people kept looking by staying mum. Did any institution tried to wake them up?),” Modi said.

The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: The PM Modi Government is working to strengthen the Banking System.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: The PM Modi Government is working to protect the interests of the account holders, but rumours are being spread about the Financial Resolution and Deposit Insurance (FRDI) Bill.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: Despite the PM Modi Government and RBI announcing several measures to solve the NPA Crisis in the Banks, the Banks have only seen the rise in NPA.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: While the Gross NPA of state owned banks stood at Rs 176,000 crore in June 2013, it rose to Rs 829,338 crore by June 2017, a rise of 371 per cent.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: A similar trend was seen in private sector banks too as the gross non-performing assets of private banks soared to Rs 100,481 crore at the end of September 2017 against Rs 22,020 crore in September 2013, a rise of 356 per cent.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience: The jump in the NPA ratio in the last two years can be attributed to a combination of the recognition norms being pursued by banks after the RBI highlighted the same in late 2015, Asset Quality Review (AQR) initiated by the RBI, as well as to inadequate progress in the health of the companies. The banks were supposed to clean up their balance sheets by March 2017.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience On GST that: The PM Modi Government’s effort is to ensure that maximum businesses register for GST.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience On GST that: The more formal the system becomes, the more it will benefit the poor. It will enable easier availability of credit from banks and reduce cost of logistics, thereby enhancing competitiveness of businesses.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience On GST that: Organisations such as FICCI have a vital role to play in making GST more effective.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience On GST that: the FICCI must also voice concerns, when necessary, on issues such as builders exploiting the common man.

The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: I have come through poverty and understand the need to work for the poor.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The poor seemed to be struggling against the system for things such as bank accounts, gas connections, scholarships, pensions etc. The PM Modi Government is working to end this struggle and to create a system that is transparent and sensitive.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The hopes and aspirations of people are to rid the country from internal problems like corruption, and black money.

The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: Political Parties and the FICCI must keep in mind the country’s requirements and feelings of the people and work accordingly.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: I herewith List the achievements of the PM Modi Government:


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that:  87 Reforms related to 21 Sectors have been implemented in the last three years.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: More than 30 crore poor have opened their bank accounts through the Jan Dhan Yojana.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that:  A study has found that inflation has decreased in the rural areas where more such accounts were opened.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The presentation of the Union Budget one month earlier than previous Budgets, in February in 2017, enabled all the Departments to get money at a fixed time and get one year to work on the schemes.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The PM Modi Government’s new urea policy has led to increase in urea production by 18-2 million tonnes.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The Policies in the Textile Sector will create one million employment opportunities.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The Government is also working to achieve housing for all by 2022.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: The PM Modi Government understands the requirements of the country and is therefore making new Policies.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: I Citeg an example.,The PM Modi Government had recently taken an important decision about Bamboo. Earlier there were two different laws defining whether Bamboo is a tree or not. Now the government has decided that the Bamboo that grows out of the forests will not be considered as Trees.


The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), told the FICCI Audience that: “The Government decision on not designating Bamboo as a Tree, will benefit the millions of small entrepreneurs who are connected to the Bamboo based Industry.”

FINISHLINE

The Prime Minister Narendra Modi at the 90th Anniversary of the Federation of Indian Chambers of Commerce and Industry (FICCI), captivated the Minds and the Hearts of the FICCI Audience and urged the Business & Industry Bosses to participate actively in the Finance Reforms initiated by the PM Modi Government.
 
 By: PRIYADARSHINI SIDDHARTHA REDDY
 
 CHAIRMAN BOARD OF EDITORS
 sidredbuzz@gmail.com
 politicsparty.com
 
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