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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence POLITICAL ECONOMY | PART 1: THE TELECOM TEST The Sangh’s Costliest Blunder: Keeping Narendra Modi in the Chair After Demonetisation and a Trail of U-Turns Two private giants, one state-propped survivor, roughly ₹3.22 lakh crore in announced BSNL revival and support packages (spectrum allocation included), and ₹1.41 lakh crore of AGR dues still on the books: telecom shows what happens when one man’s brand becomes the party’s only policy. This is an argument against Narendra Modi, not against the BJP. SYNOPSIS India’s telecom market has narrowed from a messy but real plurality into two dominant private networks, one weak private survivor kept alive by government equity, and a public operator that has needed about ₹3.22 lakh crore in announced support packages and spectrum allocations, not all of it cash. The 2010 spectrum auctions that started the debt spiral were a UPA-era event, and we say so plainly. But a ...
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A whooping 47 (forty seven) crorepatis in new Dr.Manmohan Singh government
Among the less rich ministers, Dr. Mamata Banerjee is followed by Trinamool colleague Adhikari Sisir Kumar with Rs 10.8 lakh of wealth and Kerala MP Anto Antony with Rs 14.24 lakh worth of assets.
[My inputs: That is why I like Mamata didi, inspite of her mercurial temper......Do you think all of these "crore patis" have joined the government/politics to Serve People of India or to do service to the Indians..??!! I think you know the answer...!!
I think you have seen one sample earlier who in her "Josh" of presiding over a ministry, asked all teenagers to go and drink alcohol in pubs and create mischief, because it was their "Constitutional Right"-----I hope by now you know the name and yes it is indeed, Renuka Choudhury, from Andhra Pradesh; the "crore pati" minister who was humbled this time by Telegu Desham Candidate, though most of the "Purchased" English/Hindi media channels indirectly campaigned for her.....
I had predicted this outcome even before the voting actually took place, as I was pretty sure that all people cannot be fooled into voting her, everytime......
If Dr.Manmohan Singh government can have a "Minority Affairs Minister", I wonder why there is no "Majority Affairs Minister".....Have you ever thought, how the Congress is fooling the Majority Community for years.....??!!
One of the major pitfalls of democracy is that, it never gives any importance to the minority opinion even if it was correct, which is dangerous....and leads to REVOLUTION]
NEW DELHI: With nearly Rs 90 crore, Praful Patel is the richest member of the Manmohan Singh government while Mamata Banerjee ranks at the bottom of the table.
There are 47 crorepatis out of the 79 ministers in the new government with Congress, which has the largest share of ministries, having the largest number of crorepati at 38.
NCP's Praful Patel, who was sworn in as a Minister of State with Independent charge today, boasts of assets worth Rs 89.90 crore while Trinamool Congress chief Mamata Banerjee, who has assumed charge of the Railway Ministry has declared a modest wealth Rs 4.73 lakh.
Patel, elected from Bhandara-Gondia constituency in Maharashtra, is followed by Congress' Preneet Kaur from Patiala, with Rs 42.30 crore assets. Kapil Sibal has declared assets worth Rs 31.9 crore, independent organisation Association for Democratic Reforms (ADR) has claimed in a report complied from the details furnished by the candidates in affidavits filed along with their nomination papers during the elections.
Among the less rich ministers, Banerjee is followed by Trinamool colleague Adhikari Sisir Kumar with Rs 10.8 lakh of wealth and Kerala MP Anto Antony with Rs 14.24 lakh worth of assets. [With inputs from Internet]

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