Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Friday, January 18, 2013

Kingfisher-lenders meet today on debt repayment and revival plan
Lenders of troubled carrier Kingfisher will meet the airlines’ management on Friday to know about its debt repayment and revival plan.
“Friday will be a challenging day for Vijay Mallya and the bankers to come to a platform and see whether they can sail through the crisis together,” said M V Tanksale, Chairman and Managing Director, Central Bank of India.
Central Bank of India is one of the 18 lenders to the airline. However, it is not part of the core group which bankers had formed in December to monitor the company’s revival plan. The lenders’ consortium is led by the State Bank of India while some of the other lenders are Punjab National Bank, Bank of India, Bank of Baroda and IDBI Bank.
Yesterday, Kingfisher got No-Objection Certificates (NOCs) from oil companies and leasers to start operations. However, it is yet to get NOCs from the banks, airport operators, Airport Authority of India ( AAI) and Director General of Civil Aviation (DGCA) among others.
“News reports have indicated that by February, seven aircraft would be flying. If some hopes are there for that, we will be there to support the hopes,” Tanksale said indicating that lenders would be supporting the carrier if they see a viable plan to revive the airline.
Bankers were optimistic about United Spirits deal with Diageo to sell the majority stake to the global liquor major. They had expected some parts of proceeds would come in the airline. However, the deal is yet to be sealed.
“About two months ago all of us (banks) were bullish on the deal what the company had done that so much cash will be in. But nobody is very sure when that cash will be in and when things will be place” added Tanksale.
The bankers have warned that if the airline’s management fails to come up with a concrete revival plan, including loan repayment, they may decide to go for legal action for recovery.
The Rs 7,000-crore KFA account has become non-performing assets to most banks as the carrier has failed to pay interest for more than an year now.

Courtesy: Business Standard