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Memories of Another day

Memories of Another day
While my Parents Pulin babu and Basanti devi were living

Friday, June 6, 2014

PAY CUTS Imminent as Mass Job LOSS Continues With DISINVESTMENT Ahead. No RESERVATION or QUOTA Would Help Anyone! OBC Quota Made Irrelevant in IIMs.

PAY CUTS Imminent as Mass Job LOSS Continues With DISINVESTMENT Ahead. No RESERVATION or QUOTA Would Help Anyone! OBC Quota Made Irrelevant in IIMs.
21/02/2009

Troubled Galaxy Destroyed Dreams: Chapter 167 

Palash Biswas 

http://troubledgalaxydetroyeddreams.blogspot.com/ 

RECESSION is the Best Ever WEAPON for MASS DESTRUCTION and the 
Washington Planted Zionist Government of India led by Anti National 
IMMORAL IMPOSTORS uses it very EFFECTIVELY against Aboriginal, 
Indigenous, Minority and even general masses with LICENSE to KILL 
Infinite! 

I am stunned to see the nature of Parliamentary debate and public 
Opinion these days! 
What a SUBVERT ION! 

Gold breaches Rs 16k level in futures trade! Where from the MONEY 
comes to INVEST in GOLD? How much is invested in Gold? how much 
DIVERSION of capital is instituted by DESI ILLUMINITI for launching, 
Merger and acquisition Abroad? What about the BALANCE SHEETS and 
FUNDAMENTALS of PRIVATE Sector? How Transparent is Budget making? 
 What is behind the so called RESILIENCE? PRIVATE SECTOR EFFICIENCY, 
PUBLIC SECTOR SICKNESS, Lockouts and Lay OFFs, PRODUCTIVITY and TRADE 
UNION Activities? 


With economic slowdown leading to huge layoffs in certain sectors, the 
government on Friday said jobs must be retained even if it meant cut 
in compensation. 



"Jobs must be protected even if it means some reduction in 
compensation at various levels," Finance Minister Pranab Mukherjee 
said at International Labour Conference in New Delhi. 



He said the the government is making all out efforts to ensure flow of 
credit to boost trade and investment, consumption and to stimulate 
additional demand through public and private expenditure. 



Mukherjee later told reporters that in the interim Budget he had 
talked of encouraging investments in infrastructure and in housing and 
real estate, adding that the government is providing adequate 
resources for programmes like NREGA and Bharat Nirman. 



"If the work can be stepped up to a considerable extent, these are 
directly linked with employment creation and also demand creation. 
(If) more and more good roads are constructed, cement, steel, every 
thing will be required. They will get jobs. These type of programmes 
should be expedited and adequate resources will be provided," he 
said. 



His remarks came as the government today informed Parliament that 5 
lakh people lost their jobs during the four-month period ending 
December 2008, on account of economic crisis in sectors including 
textiles, automobile and IT. 


Our people does not want to deal with the economics of Politics or the 
Political economics. They invest everything to get the Most Essential 
purchasing power to survive day to day hazards and man made calamities 
as MONOPOLISTIC Aggression DELETE them out of this GEOPOLITICS. 

Mass Job LOSS Continues. In India, twenty Lac people have lost their 
jobs only last year. five lacs of them during the last quarter of 
2008. Only EXPORT Sector has announced that more than three lac people 
would lose jobs in the sector. In kerala, where many people got 
employment have returned home. Three or four lacs. 

Disinvestment List is ready to be implemented. 

The Ruling Hegemony is determined to implement MASS DESTRUCTION Agenda 
as wished by Global Order of TRI IBLISH - US Corporate Imperialism, 
Brahminical Hindutva and ZIONISM. 

After SATYAM, Ambanies have been doubted to do MANIPULATE. But the 
RELIANCE shares have not been affected. After the experience of SATYAM 
ASTYAM, FINMIN, RBI and SEBI nexus is exposed more than enough. But 
the focus have been diverted in reality shows. 

FALSE Recession is used to kill HUMAN and CIVIL Rights bypassing 
Parliament and constitution. The CRIMINAL OFFENCE is Immunised as 
DISINVESTMENT Process is IMMUNE to any judicial jurisdiction, Audit, 
Criminal Investigation and parliamentary Liability as well as 
Procedure. 

The PROPRIETY question of democratic institutions including the 
Parliament has become IRRELEVANT. 

Just understand the politics which is not so EASY as we believe to be! 
It is rather decided on hardcore ECONOMICS! The marxists Ruling West 
Bengal as well as the DALIT QUEEN Mayawati, Projected NEXT PRIME 
MINISTER face of Non existing THIRD FRONT opposed N-deal in 
UNPRECEDENTED Parliamentary REALITY OPERA after PULL DOWN by the LEFT, 
now  Govts of WEST BENGAL as well as UTTAR PRADESH want N-plant. In 
Bengal, SEA COAST LINE SECURITY ACT is Violated on larege scale as 
CHEMICAL HUB is GREEN SIGNALED in NAYACHAR near HALDIA of GENOCIDE 
GESTAPO MANSABDAR MP LAXMAN SETH, which have to be LINKED by BULLET 
TRAIN as RLY Minister of GLOBAL as well as DESI Illuminities, LALU 
YADAV decalred in RLY BUDGET. It never involves the MASSES but it 
happens to be in the best interest of INDIA INCs! 

HARIPUR JUNPUT in Midnapur has been spotted for NUCLEAR PARK long 
before the Historical Hypocricy of PULL DOWN and uto 
Operationalisation of INDO US NUKE deal. WB govet needs at leats seven 
REACTORs from USA. The NUCLEAR PARK PROJECT has not PROGRRESSED only 
due to stiff RESISTANCE in NANDIGRAM, SINGUR and LALGARH! GURKHA 
TRIBAL ALLIANCE has worsened the situation for the BRAHAMINCAL POWER 
hegemony as well as BRAHMINICAL RESISTANCE HEGEMONY. 

The MARXISTS have not dropped anything on the SUPERFAST HIGHWAY of 
CAPITALIST MASS DESTRUCTION! Be it Chemical HUB, be it SEZ, be it 
NUCLEAR Park, be it Disinvestment and Privatisation of Public services 
like Rural development, health and education, IT promotion, Auto 
Drive, Retail Chain.. any damned thing. Since the Marxists have to win 
the MUSLIM, TRIBAL and SC OBC Vote banks to hold the STATE POWER, they 
have to speak all those IDEOLOGICAL NONSENSE doing something quite 
different! APPEASEMENT and ANNIHILATION is the AXIS of MARXIST 
BRAHAMINICAL HEGEMONY with Complete BRAIN Washing and MIND CONTROL 
using the CIVIL SOCIETY, Brand Buddha and CELEBE ICONS, 
Intelligentsia, Media, Language, Culture, institutions and Bangla 
Nationality as different zones of HARD CORE XXXXX PROSTITUTION! 

I differ with our friends and guides like Marxist ANIL Sarkar and 
DALIT VOICE EDITOR VTR. Both of them endows the entire PHENOMENON of 
INDIGENOUS, ABORIGINAL, MINORITY Lieberation in ICON MAYAWATI, her 
party BSP and Majoritarian ELECTORAL system! VTR advocates CASTEOLOGY 
and CASTE IDENTITY to RESIST the Ideologies like BRAHMINISM and 
ZIONISM while the DALIT MARXIST MINISTER quotes MARXISM as well as 
RAVINDRA NATH TAGORE believing in MAYAWATI CHARISMA. Even DR BR 
AMBEDKAR has emphasised on EMPOWERMENT, ENLIGHTENMENT, MOBILISATION, 
ORGANISATION and RESISTANCE for INDIGENOUS ABORIGINAL Minority 
LIBERATION! But our friends and guides do believe in PERSONAL 
ACHIEVEMENT and CHARISHMA as if the PRIMEMINISTRY of a DALIT QUEEN 
would climax into libeartion! Is that possible! have we any Historical 
EVIDENCE? Then USA should cease to be CORPORATE IMPERIALIST ZIONIST as 
a BLACK President has taken over! BARACK OBAMA factor is TRUE as TRUE 
are the DREAMS of black ANCESTORS! If Mayawati is allowed to be the 
PRIME MINISTER of India, we may not hope that it would ANNIHILATE 
CASTE or BRAHAMINISM. Without EMPOWERMENT and ENLIGHTENMENT any DALIT 
POWER is BOUND to be merged in BRAHAMINICAL Ideology as the ARYANS 
have historically proved to be masters of ADOPTION and ENSLAVEMENT 
since the Destruction of HARAPPA and MOHANJODORO! 

Uttar Pradesh government on Thursday said it has written a letter to 
Congress-led UPA government at the Centre for installing a nuclear 
power plant in the state. 

Replying to supplementaries during the question hour, Minister for 
Power Ramvir Upadhyay told Vidhan Sabha that besides setting up new 
power plants and modernising the existing ones, the state has also 
requested the centre to set up a nuclear power plant in the state. 

The minister was replying to a supplementary by Congress MLA Pramod 
Tewari, who wanted to know if those (BSP) opposing the Indo-US nuclear 
deal had opted for nuclear power. 

While giving an account of the various steps undertaken by the state 
to deal with power shortage, especially in the Bundelkhand region, the 
minister said Uttar Pradesh has started borrowing electricity from 
Jharkhand from February 15 and assured the House that in four years 
time the state would have surplus power. 

The minister used the opportunity to lash out at the former BJP 
government for selling Uchahar and Tanda power houses and the previous 
Samajwadi Party government for making no effort towards installing new 
power houses. 

The minister said that efforts were also on to strengthen transmission 
and distribution. 


 THE GOI has done everything to ensure DEMOGRAPHIC Re adjustment to 
mobilise the VOTE BANK while declaring Reservation and quota measures. 
Cream Layer has got the ceiling of Rs 4.5 lac per Annam while the FEES 
of high profile IIM has been raised from Rs.1.5 lac in 2007 to Rs. 9.5 
lac per Annam! No OBC quota would help in admission. Marxist Ruled 
West Bengal shows the way as CALCUTTA IIM hiked the fees at first. The 
Indian Institute of Management, Calcutta (IIM-C) has more than doubled 
its fees to Rs 9 lakh for over 400 students for the 2009-11 academic 
session, while doubling the scholarship fund from Rs 75 lakh to Rs 
1.50 crore per year. The fee hike, decided at the IIM-C Board of 
Governors meeting on Friday, is more than double than the fees paid by 
students passing out in the 2008-10 session, a spokesman of the IIM-C 
said in Kolkata on Saturday. 

Stating that almost all IIMs had hiked fees, he said IIM-C fees are 
still lower than IIM-Ahmedabad's that are Rs 11 lakh and IIM-Bangalore 
– Rs 9.5 lakh. The spokesman said that IIM-C spent Rs 4 lakh per 
student every year. 



The meeting also decided to raise the need-based scholarship fund from 
Rs 75 lakh to Rs 1.50 crore, he said. To a question, he said that the 
Board of Governors discussed the Bhargava Committee report, 
particularly in respect of appointing a pan-IIM Board. 


The DEBATE on Presidential address is the basic TREND set to 
understand the FUTURE of the Nation. Opposition leader and RSS PRIME 
MINISTER face LAL Krishna Adwani praised PRANAB MUKHERJEE and the 
MARXISTS while highlighting TERRORISM sidelining all ECONOMIC 
questions and issues. 

 Pranab sanctioned Rs Fifty four Crore for DEALING with TERROR and Rs 
One Hundred crore for CITIZENSHIP national IDENTITY Cards. 

My people are not aware of the MEANING. Adwani co related TERROR with 
the problem of REFUGEE INFLUX from Bangladesh dubbing all Partition 
Victims resettled refugees ILLEGAL MIGRANTS Infiltrators! 

 Here you are! 

 TWIN TERROR ACT and Citizenship act would complete the task supported 
and implemented by the LETHAL TRIO of PRANAB ADWANI and BUDDHADEB. 

PRANAB advocated PAY CUTS to avoid JOB LOSS but never declares 
anything for JOB SECURITY. He is PROMPTED by World bank, IMF, DESI and 
Foreign ILLUMINATI to kill the Productive forces of India. 

Now see, AMBANIES, JINDAL and MITTAL have been declared as the most 
Influential Billionaires of this Globe. TEN of the top firms have 
listed profit amounting more than FIFTY percent. AUTO and TELCO sector 
advanced. REALTY captured the country. IMPORT and EXPORT duty 
exempted. Rs Sixty Three thousand waiver for defaulters. Rs Ninety 
thousand  Crore have been earmarked for subsidies. SOCIAL SECTOR and 
Infrastructure were emphasised upon. Who will get the Money? The 
Benefit? 

DEFENCE Budget is hiked without any question amidst Unprecedented War 
HYPE and Floods of Defence DEALS! 

India likely to grow 7% next fiscal,  Montek running the FINMIN for 
the WASINGTON PLANTED Prime Minister, claims! 

Despite BALANCE OF PAYMENT Crisis due to FUEL ECONOMY, AUTO SECTOR is 
promoted to worsen FOREIGN CURRENCY Deficit! Just see! GOVT. 
Controlled SBI freezes new car loans @10% for a year! SBI and entire 
banking sector strained due to unethical waiver to the DEFAULTER DESI 
Illuminiti! Mind you, SBI, LIC and ONGC saved FREEsensex from Total 
Disaster. Disinvestment Policy has set the STRATEGY to disinvest first 
the strongest PSUs! 

The country's largest public sector lender, State Bank of India, said 
it will freeze interest rates on new car loans at 10 per cent for a 
period of one year. 

The bank also slashed lending rate on credit to farmers against cold 
storage and warehouse receipts to 8 per cent, a bank release issued 
here said. 



The new rates will be applicable to all customers availing loans 
between February 23 and May 31, 2009, the bank said. 



After the freeze-period, the rates will be reset at the applicable 
card rate contracted as on the date of sanction under the respective 
schemes, the bank said. 


 The Indian economy is expected to grow at least 7 per cent in the 
next financial year on the back of stimulus measures taken by the 
Government, Planning Commission Deputy Chairman Montek Singh Ahluwalia 
said. 

"The world economy expects a recovery in the second half of the next 
fiscal... In the coming year, India's growth will be at least seven 
per cent," Ahluwalia told reporters here on the sidelines of a 
seminar. 

"Compared to other countries, we are doing reasonably well... we are 
growing below our potential... many sectors are feeling the pain. 
Right now, the foremost challenge is to restore the growth momentum of 
the economy," he said. 

In the second-half of the current fiscal, the economy would have grown 
at around 6.5 per cent and the growth is likely to be better next 
year, he added. 


FALSE RECESSION justifies RETRENCHMENT, JOB LOSS, DISINVESTMENT, SEZ 
Drive, DEPORTATION Drive, Displacement, Food Insecurity, Malnutrition, 
Unemployment,Retail market, PAY CUTS, Repression, Persecution, 
Urbanisation, Indiscriminate land acquisition for DE 
INDUSTRIALISATION, Chemical hubs, Nuclear parks and so on! 

Breaking all previous records, gold prices surged to a new peak at Rs 
16,349 per 10 gram in futures trade, as traders increased their 
exposure in the precious metal following melting stock and forex 
markets. 
The metal, which had been on a record-setting spree for the last one 
week, spurted to an all-time high of Rs 16,349, by adding 2.55 per 
cent on the Multi Commodity Exchange, as funds preferred to park their 
funds in gold amid deepening global recession. 

The August contract for gold climbed 2.55 per cent to touch Rs 16,349 
per 10 gram. It clocked two lots. 

The bullion market received a major booster from the firming global 
trend as the gold in the US markets surged to 1,007.20 dollar an ounce 
last night. 

"Funds around the world indulged in picking gold as a safe investment 
during current financial turmoil," said Galipelli Harish, head of 
research with Karvy Comtrade. 

The firmness was also witnessed in spot market as gold prices climbed 
much close the market expectations of Rs 6,000 per 10 gram in all 
domestic bullion markets. 

In Delhi, the metal traded at Rs 15,750, in Chennai at Rs 15,775 per 
10 gram, respectively. 

Buying by jewellers and retail customers almost dried up at existing 
higher levels, said a Delhi-based jeweller Rakesh Anand. 


KOLKAT newspapers highlighted a JAPANESE COUPLE getting married 
adopting VEDIC BENGALI Rituals! Desi ILLUMINATI decides upon the next 
Prime Minister to be. BRAHMIN SABHA out castes RSS just because ADWANI 
is not a BRAHMIN and supports the BENGALI KAYASTH   BRAHMIN Pranab 
Mukherjee as the NEXT Prime Minister Face. 

WE are READY for the final RITUAL, the SACRIFICE as the ASHWAMEDH 
YAJNA is in Progress! 

You may have got the Pay commission or Reservation or quota or the 
recommendations, But I am afraid that you may not survive JOB LOSS, 
PAY CUTTS, Food Insecurity and STARVATION, Displacement from 
Livelihood, Liberty and Life, ETHNIC CLEANSING on the name of WAR 
against terror and MASS DESTRUCTION justified by FALSE RECESSION hyped 
so much by the FDI fed MEDIA TOILET. 

The Lok Sabha witnessed a rare show of camaraderie between Leader of 
Opposition L K Advani and Leader of the House Pranab Mukherjee on 
Tuesday when the former lauded the Union Minister for his role as the 
principal trouble-shooter of the government. 

"Sometimes I think had Pranab not been there what would happen to this 
government. Whenever there is a crisis, he is there. 25 years ago he 
presented the budget and did so again yesterday as it was a crisis 
situation," Advani said in his opening remarks during the debate on 
the Motion of Thanks on the President's address. 

Mukherjee blushingly smiled and welcomed the statement with folded 
hands even as the House applauded with thumping of desks. Advani said 
he had known Mukherjee for many years and had always appreciated his 
abilities. 

"Leader of the House Pranab Mukherjee is one year senior to me in 
Parliament. I was first elected to Rajya Sabha in 1970 while he was 
elected one year before," Advani said adding, "Ever since I was 
introduced to Pranab I have always appreciated his ability, his 
strength and his capability to shoulder responsibility." 

Later in his speech, Advani said Parliament had witnessed a new low 
during the trust vote (of July 22, 2008). 

"Pranab, I and the Speaker who joined one year after me had never seen 
buying and selling of MPs. We will not be there tomorrow. The future 
generations will not forgive us," he said. 


 You may Time PASS to watch reality shows of CELEB FUCKING but you may 
not DESERVE to survive! 

SORRY! 

UPA, Left may contest LS polls together, Lalu decalres ! What a 
TURNAROWND! What an UNDERSTANDING! 

Not ruling out a possible tie-up with the Left in the upcoming Lok 
Sabha polls, key UPA ally RJD said the aim of all the allies of the 
government is to fight the forthcoming elections together. 
Though there were differences of opinions during the N-deal, "they 
(Left) are our natural allies," party chief Lalu Prasad said on the 
sidelines of the AIMA award presentation function in New Delhi. 

"They are our permanent friends and they will remain our friends. We 
may even contest together. What is there in it," he said when asked 
about a possible alliance with the Left. 

"There may be differences between the allies over one or two seats but 
our aim is to fight the elections together," he said. 

When asked about the progress on the issue of seat-sharing with LJP, 
he said talks are going on. 

The Railway Minister visited Paswan's residence on Friday night to 
attend a function, leading to speculation of finalisation of ties 
between RJD and LJP. 

When asked if Supreme Court ruling of not allowing the U C Banerjee 
report to be tabled in Parliament is a setback to the government, Lalu 
said, "There is no setback. We all know who created problems (Godhra 
incident)." 


NORTH SOUTH Divide is AWEFUL as we never FEEL the HEART or MIND of the 
people residing all over South India and who bear with them the LEGACY 
of our NON ARYAN Ancestors. We know nothing about DRAVID nationality! 
Thus, PRANAB dares to dismiss DRAVID sentiments anywhere in North 
India. 

Watch the DRAMA! 

MPs don't deserve 1 paise of public money: Somnath 

"You do not deserve one paisa of public money," an angry Speaker 
Somnath Chatterjee said as members of several political parties 
stormed the Well of Lok Sabha raising a spate of issues and disrupted 
Question Hour. 
So annoyed was the Speaker with the behaviour of some members, he said 
that he believed Parliament should be adjourned sine die. 

"I think Parliament should be adjourned sine die ... public money 
should not be spent on useless allowances for you," he said as some 
members of the BSP, BJP, TDP, RPI, PMK and MDMK stormed the Well and 
raised slogans against the government on several issues. 

BSP criticised the UPA government for "being anti-Dalit" as it had 
"ignored" the backward classes in a new draft legislation on 
universities introduced in the House. 

BJP members joined them on the same issue, while members of PMK and 
MDMK trooped into the Well demanding that the government make efforts 
to "stop war" in Sri Lanka. 

TDP members were also seen raising the Satyam issue. Angered by the 
members' behaviour, Chatterjee said "you are behaving in the most 
condemnable manner. I express my greatest annoyance and 
condemnation." 

The Speaker said he hoped that the people of the country will give a 
"fit verdict" in the coming elections. 


LTTE crisis: Political solution only way out, says Pranab 

Berhampore, WB India expressed concern over the latest turn of events 
in Sri Lanka, particularly the air raids by LTTE over Colombo, and 
appealed to the government and the militant organisation to come to a 
peaceful negotiated settlement. 
It also said unless there was a congenial and peaceful atmosphere, 
attacks and counter-attacks would continue. 

"An LTTE plane has been shot down. This is of concern. Political 
solution has to be found to the LTTE issue and military action will 
not do," External Affairs Minister Pranab Mukhjerjee, said. 

Maintaining that 'a political solution is the only way out', he said, 
"The two sides should sit across the table for a negotiated settlement 
of the issue." 

"And, for that a congenial and peaceful atmosphere has to be created. 
Till that is not forthcoming, attacks and counter-attacks will 
continue to hit the country." 

Stating that India's stand was 'very clear', Mukherjee said, "we are 
concerned. We are concerned for the huge Sri Lankan Tamil population 
who have been caught in the crossfire. They are being killed and their 
normal life is seriously affected." 

He said India would appeal to Colombo to ensure that the rights of the 
minority Tamils were protected. 

Mukherjee was in Berhampore for a credit camp of UCO Bank at 
Raghunathganj, in Murshidabad district. 

Recalling the treaty signed in 1987 between the then Sri Lankan 
President and late Prime Minister Rajiv Gandhi, Mukherjee said, "the 
decisions arrived there should be implemented." 

"The decision for decentralisation of power and more powers to the 
provincial council should be followed," the minister said. 

Mukherjee said the Tamils and other ethnic minorities in Sri Lanka 
must have an arrangement where there legitimate aspirations should be 
fulfilled within the framework of the Sri Lankan Constitution without 
affecting the territorial unity and sovereignty of Sri Lanka. 

He said India expected a devolution package can be evolved fulfilling 
this criteria and the present impasse overcome. That should be the 
basis of restoration of normalcy, he added. 



And see this: 

Minister Maya led mob to carry out riot: Guj Govt to HC 
 Ahmedabad The government in an affidavit in the Gujarat High Court 
has said that state minister Maya Kodnani led the mob, instigated them 
and distributed weapons to carry out Naroda riot which left 95 people 
dead in 2002. 

The affidavit was filed in the court on Thursday on the basis of 
findings of Special Investigation Team (SIT) appointed by the Supreme 
Court challenging anticipatory bail given to Kodnani by the lower 
court. 

"She was the leader of mob and was an MLA and allegations against her 
is she was instigating the mob to commit crime and therefore she was 
playing the main role," the affidavit said. 

The affidavit said, "from one of the statements of witnesses it has 
been revealed that she had fired from her pistol, as well as, from 
another statement it has been revealed that she had come to the spot 
in a car with other persons and had distributed swords among the 
mob." 

Kodnani is a Minister of State for Higher Education in the Gujarat 
government and is regularly attending the ongoing Assembly session. 

Kodnani had gone underground after SIT declared her absconder and 
resurfaced only after the lower court granted anticipatory bail to 
her. 

India hits out at US protectionist tendency 


India opposed protectionist measures built into the US government's 
multi-billion corporate bailout package, saying these were "worrying 
signs" from the world's biggest economy. 
"We are already witnessing worrying signs of protectionism in the 
world's biggest economy. We need to argue against this trend at the 
international fora," External Affairs Minister Pranab Mukherjee said 
inaugurating the 42nd Indian Labour Conference. 

He was apparently referring to the Washington's bar on firms receiving 
bailout money from hiring foreign workers if they are to replace 
Americans at work. 

Industry estimates suggest nearly 100,000 Indians were among the 
163,000 that had applied for non-immigrant skilled workers visa (H1-B) 
in FY'09. The US has capped the number of H1-B visas at 65,000 a 
year. 

The bailout-condition could affect Indian skilled workers. 

In the wake of the global financial meltdown, Mukherjee said, "We will 
need to press for trade and aid flows to developing countries and look 
at regional cooperation to strengthen defences against such crises". 

Mukherjee said there was a need to invest more in infrastructure, 
provide adequate credit support to the poorer sections of the society 
and create better facilities for upgrading skills and re-skilling of 
the workforce. 

"Our government is making all efforts to ensure flow of credit to 
consumption, trade and investment, and stimulating additional demand 
through public and private expenditure and investment," Mukherjee 
said. 

He said the government's response to the crisis has been swift and 
recent developments show that the benefits were trickling down. 

"Global crisis requires a global response and India is playing its own 
role in fashioning it," he said. 



Modi slams Rahul for his remarks on Nano project 
Gujarat Chief Minister Narendra Modi on Saturday reacted sharply to 
Congress leader Rahul Gandhi's charge that while the state government 
doled out incentives worth crores of rupees to Tata's Nano car project 
it neglected diamond workers and accused Congress of trying to 
undermine the car project. 

"They will not succeed in their effort. Congressmen envie the progress 
in Gujarat and that is why they are trying to puncture the Nano car 
project," Modi said at a public meeting in Amreli. 

"Tata's Nano project reflects the progress made by Gujarat," Modi 
said, referring to the remarks made by Rahul Gandhi during his recent 
visit to the city without naming him. 

Rahul had accused the BJP government in the state of doling out 
incentives worth crores of rupees for Nano project but they do not 
have a single penny to give to poor diamond workers. 

Modi alleged the UPA government at the Centre has ignored the plight 
of diamond workers and claimed suicides of diamond workers is going to 
change the government at the Centre in coming elections. 

Satyam board sets stage for inviting buyers 

21 Feb 2009, 2034 hrs IST, ET Bureau 





The Satyam board approves the process to be followed for inviting a 
strategic investor to buy into the firm. Weekly Gainers: BSE (A. B), 
NSE | Losers: BSE (A. B), NSE 


Satyam stake sale should not take long: Gupta 
Ratan Tata says group's firms have to survive on their own 
Gold breaches Rs 16,000 level in futures trade 

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