Cheque Truncation System: RBI extends deadline for issuance of new CTS cheques to 31st March

Almost all the banks have confirmed that they are issuing only multi-city or payable at par CTS-2010 standard cheques at present, representations have been received from various stakeholders requesting for extension of the time beyond 31st December

Mumbai: Bank account holders can continue to use their old format cheques for another three months as the Reserve Bank of India (RBI) has extended the deadline for banks to issue new cheques with uniform security features till March next year, reports PTI.
The Reserve Bank in a notification said, "Taking into consideration representations, it has been decided to extend the time up to 31 March 2013, for banks to ensure withdrawal of non-Cheque Truncation System (CTS) 2010 Standard cheques and replace them with CTS-2010 Standard cheques." 
Almost all the banks have confirmed that they are issuing only multi-city or payable at par CTS-2010 standard cheques at present, representations have been received from various stakeholders requesting for extension of the time beyond 31 December 2012, RBI said.
As per the earlier direction to all banks, RBI had fixed 31st December as the last date for phasing out non-CTS 2010 Standard cheques.
The homogeneity in security features of CTS 2010 standard cheques will act as deterrent against frauds, and the fixed field placement specifications facilitate straight-through-processing at drawee banks' end through the use of optical or image character recognition technology.
The introduction of new cheque standards 'CTS 2010' was warranted on account of several developments in the cheque clearing namely growing use of multi-city and payable-at-par cheques at any branch of a bank, increasing popularity of speed clearing for local processing of outstation cheques and implementation of grid-based CTS for image-based cheque processing etc.
RBI said it may be noted that the residual non-CTS-2010 Standard cheques that get presented in the clearing system beyond this extended period will continue to be accepted for the clearing but will be cleared at less frequent intervals.
The modalities, charges applicable if any, etc are being discussed with stakeholders and a separate communication will follow in this regard, it added.


Rotavirus is the bogeyman to make money

Disease mongering occurs at a feverish pitch in the vaccination industry, one of the richest medical industries, mostly controlled by the Forbes’ list toppers in the west. Our best bet to avoid diseases is to strengthen our inbuilt immune guard, the healer within

“There is no logic to science. Scientists create and adhere to scientific theories for what are ultimately subjective and even irrational reasons. It can not be denied that the chief engine of human destructiveness has been the phenomenal success of science in the 20th century”—
Paul Karl Feyerabend, in Against Method written in 1975

Vaccination is a big business. While reductionist chemical drugs to treat diseases might have been a boon to the western pharmaceutical companies, vaccination has come as a windfall to them. The clientele for vaccination is the whole world of the new-born babies, a business that will thrive even if the whole of humanity gets rid of diseases. So the rich and the powerful are in this business—big names like Bill Gates, Gavi Alliance are no exception if one cares to read the findings of The Lancet investigations into Bill Gates’s so called charity vis-à-vis vaccines. Gavi Alliance lures poorer countries’ governments with subsidized vaccines when new vaccines are put out in the market. Once the vaccination catches up they naturally withdraw the subsidy making the governments pay through their nose to the greedy drug firms pushing that country deeper into the debt trap! Single dose rotavirus vaccine costs double digit dollars to buy in the regular market!

Corporate business thrives on profit as per the dictates of Bernard Mandeville, Adam Smith’s teacher, who propounded the theory that “corporate business should concentrate only on profit irrespective of consequences.” As long as pharma companies make money consequences are not their problem! Now comes the bogey of rotavirus vaccine for childhood diarrhoea in India. Thank God, the British Medical Journal, surprisingly, commissioned two Indian researchers, Jacob Puliyal and Joseph Mathew, to give their opinion on this new virus vaccine. Their paper is now published in that journal. I strongly appeal to all our doctors that have anything to do with vaccinations to read that article. One has also to read the opposing view in the same journal to know how we sell our ideas to the readers!

Our netas in Delhi, who worry about the health of their beloved subjects day in and day out, should get the article explained to them by people who understand what is written there. Sooner this is done the better as the powerful company will very soon lobby (not corruption) the Indian government dangling the Gavi Alliance carrot of subsidy to make Rotavirus vaccination compulsory. This is despite the fact that the mild diarrhoeal disease that might result from that poor virus could be controlled with rehydration alone if the Indian poor children could be given nutritious food for their much serious deadly disease NIDS (nutritional immune deficiency syndrome) to begin with. Millions of children in poor countries die of NIDS. But No. If there could be a vaccine for NIDS, I am sure all our above mentioned infracaninophiles (underdog lovers) would have come forward to push the same all over the world!

Rotavirus diarrhoea does not kill, bacterial diarrhoeas could kill. Even the deadly cholera could be controlled if we could keep up the hydration in the patient for long enough for the germ to get out of the system! In the west now adult bacterial diarrhoeas caused by such simple non-virulent strains like Clostridium deficile cannot be controlled by the most powerful antibiotics or vaccines and the patients die unless they are given clean SHIT from a healthy donor through the Ryle’s tube into the patients gut, nicknamed a faecal transplant. This effective treatment was in vogue in veterinary science since the 1700s.

The concept of faecal transplant teaches us once again that the future of germ theory is not vaccination and chemical drugs but strengthening our immune system. Faecal transplant does just that by replacing our gut, the headquarters of our immune system, with the friendly germs that keep us healthy. Germs are our friends and we have them in us even in our meta-genome where human genes are just about 25,000 while the germ genes like germinomes, virinomes and metabolomes are as much as two to three trillion. The germ theory of disease has been a bane for mankind but a boon for the drug and vaccine industries. The famous American physician of the early part of the last century, Theobald Smith, told us: “while diseases could be directly related to the virulence of the cause, they are inversely proportionate to the resistance of the host.” If only we could concentrate on the latter half of the Grimm’s Law healthcare would be very inexpensive and the need for vaccines, which are of dubious value anyway, and the expensive chemical drugs could be obviated.

I strongly recommend all doctors to read the above mentioned BMJ study by the two Indian experts for the good of mankind. While we have some “big” drug pushers among our fraternity in every metropolitan city, we still have the altruistic Puliyals and Mathews. Their study tells us about the futility of vaccination which is sold using the statistical tricks of Relative Risk Reduction (RRR) while suppressing the most useful Absolute Risk Reduction (ARR) and the need to treat a large number unnecessarily to get a very small good effect (NNT). The study also gives us the details of the enormous cost involved in making rotavirus vaccine universal in India, while the vaccine will be next to useless in Indian children. Statistics has been the biggest weapon in the hands of the greedy drug lobby to sell the ideas to gullible doctors. One would do well to read this small book, Science without Sense, by an American professor of statistics, Steven Milloy, to understand the hidden hand behind pharmacy claptrap.

The very foundation of the vaccination protection hypothesis has been now scientifically seriously questioned. An Australian worker, in his PhD thesis, has debunked the statistical science of vaccination success. If one has to have real immunity against any disease one must have that disease and survive. Provoking antibodies and measuring their levels in blood after vaccination is not synonymous with disease protection.

With an exception of the 1918-1919 Spanish ‘flu epidemic, the rest of the so called ‘flu epidemics have mostly been scare-mongering techniques and not real pandemics as is believed by the gullible public. In a nice editorial “Do epidemiologists cause epidemics? The Lancet asks and answers the above question positively. One could gauge the gravity of the situation from the abstract of a key note address by Glen Nowak at the 2004 “Flu vaccination summit” organized jointly by the CDC and the American Medical Association, where Nowak emphasized the need to create interest in and demand for flu vaccination all over the world.

An earlier Lancet review found out that ‘flu vaccines in infants are useless, if not dangerous”. Mark Sircus quotes Dr Eleanor McBean who was an on-the-spot observer of the infamous 1918 influenza, when he said, “As far as I could find out, the flu hit only the vaccinated. Those who had refused the shots escaped the flu. My family had refused all the vaccinations, so we remained well all the time.”

Disease mongering occurs in every field. In case of vaccination industry, one of the richest medical industries, mostly controlled by the Forbes’ list toppers in the west, disease mongering occurs at a feverish pitch. Every year at least twice the industry creates panic among the world populace. They have been successful in brainwashing even the governments in the third world countries that bend over backwards to help the industry grow rich at the cost of the poor taxpayers’ money. India is one such nation in the forefront of the vaccination bandwagon.

Like many other things in modern medicine we depend on surrogate markers! It is time we start thinking afresh in the field of human illness and wellness with the new quantum reality of the world where the human mind and the body are but the same. Although I have been saying for decades that quantum physics has changed medicine, it is only last month that The Lancet brought out a full issue on quantum physics which doctors will do well to read. Coming from the west it is more respectable compared with what I have been writing. The body is but a bundle of energy. Disease is altered energy pattern which could now be assessed with Fritz-Albert Popp’s bio-photon camera. Time has come to think of the new Post Modern Medicine about which I have been writing a new book.

Vaccine industry, in collaboration with the rich and the powerful, has been at its best in disease mongering. The germs are not our enemies but friends. Our life on this earth, along with trillions of germs inside and out with us, depends on our immune system. Our best bet to avoid diseases is to strengthen our inbuilt immune guard, the healer within. Ayurveda’s main thrust is building the immune guard. Poor man’s immune guard depends on three square meals a day and a clean surrounding to live. Let our powers be think of those first! Quantum physics has taught us how to destroy bad germs inside the system in case of need using energy waves. People are working overtime to find out the needed frequencies to zap germs causing diseases without harm to the body. David Wootton, professor of history in York University, in his classic Bad Medicine-Doctors doing harm since Hippocrates (Oxford University Press 2006), brings out graphically how over the years gullible doctors’ blind faith in the medical claptrap has been harming mankind. Most germ-related disease death rates touched the nadir long before any vaccine, serum or antibiotic was ever discovered, according to Thomas McKeown in his classic Limits of Medicine!

“Thomas McKeown was a rhetorically powerful critic, from the inside, of the medical profession's mid-20th-century love affair with curative and scientific medicine. He emphasized instead the importance of economic growth, rising living standards, and improved nutrition as the primary sources of most historical improvements in the health of developed nations,” wrote  Simon Szreter in the American Journal of Public Health in 2002

Even Louis Pasteur and Paul Ehrlich, the founders of the germ theory, eventually had spoken about the supremacy of the soil over the seed. Germ theory lives on scare mongering and the industry rides piggyback on fear of disease thus generated. Small pox is the only disease the medical world has been able to eradicate using a very low technique of Indian vaccination system taken to England by Dr TZ Holwell FRCP, FRS, after 20 years’ prospective study in The Bengall in 1767. Holwell’s original paper is still in the Royal College of Physicians of London library inside a glass case.  Edward Jenner was wrongly credited for his cow pox vaccine. Today we know that cow pox is totally different from small pox. Long live mankind in spite of the human greed.

  “Let us follow the truth whither so ever it leads”—Socrates

  “If you tell a big enough lie and tell it frequently enough, it will be believed—Adolf Hitler

To read more articles from Dr Hegde, please click here.

(Professor Dr BM Hegde, a Padma Bhushan awardee in 2010, is an MD, PhD, FRCP (London, Edinburgh, Glasgow & Dublin), FACC and FAMS. He is also Editor-in-Chief of the Journal of the Science of Healing Outcomes, Chairman of the State Health Society's Expert Committee, Govt of Bihar, Patna. He is former Vice Chancellor of Manipal University at Mangalore and former professor for Cardiology of the Middlesex Hospital Medical School, University of London.)


Empower through Education

Udaan India Foundation believes in providing equal opportunity through education to children from disadvantaged backgrounds. N Madhavan and Aditya Govindaraj write about how the Foundation is making a difference

Did you know that 37% of global illiterates live in India? According to latest Global Monitoring Report, a whopping 2.3 million Indian children have never been to school. The future of the Indian economy hinges on our young population; most of them are poor and unskilled. They do not get what they deserve—their fundamental right to education; access to quality education remains a dream. Our country has the dubious distinction of having one of the highest school dropout rates and child labour levels in the world! Mumbai is no exception. Mamta Rangan, founder and trustee, Udaan India Foundation (UIF), followed her belief  that ‘education is key to change’ and set up Udaan in 2004 to help children of construction workers to enrol in mainstream schools.

Udaan, a project that started as an informal initiative, is now a registered trust with 800 students, 15 full-time teachers and over 25 volunteers under its wings. Most children who come to Udaan are from families with little or no formal education. Education is not a priority in such families; it is commonplace for children to drop out of school to contribute to the family income. Udaan is sensitive to the fact that the girl child is usually the worst victim of poverty and, often, forced to drop out of school. Hence, UIF pays special attention to the girl child—evident from the girl:boy ratio at their centres.

A child’s journey at UIF begins with the Kindergarten programme and continues through the learning years, steadily taking her/him towards employability and a better life.
Udaan’s learning centre lays the foundation of a child’s holistic development and imparts learning that ranges from the scholastic to the co-scholastic. Beyond this, children are guided, mentored and provided financial support on an equal opportunity basis, to meet his/her true potential. To open the world of books for children and supplement their language skills, UIF runs a community library that implements the ‘GROWBY’ reading programme of the Hippocampus Reading Foundation. Children are taken through a structured programme to become confident and eager readers. Under the guidance of qualified staff, the library brings relevant and meaningful literature within the reach of children who cannot afford to buy books. Udaan also has a computer centre that provides computer literacy to children. Through a defined curriculum, students from the eighth grade onwards undergo training in basic computer skills and learn the use of Internet which will equip them for skilled jobs. Udaan, through its work, hopes to see a perceptible change by way of increased enrolments in schools, decrease in school dropout rates and better job opportunities for the underprivileged. But, beyond that, Udaan aims to groom children to become confident young adults equipped to tackle various challenges in life.

Udaan welcomes volunteers to engage in a range of activities that include teaching, assisting the Saturday Club activities (such as art, music, drama and sports), managing events (like Annual Day, Sports Day), reading at the community library, organising health camps, field trips and fund raising. You can also be a part of a child’s journey by donating to Udaan. Your contributions wouenrld help Udaan-supported children realise their dream and help it reach out to many more children in need of quality education. All contributions to Udaan India Foundation are tax-exempt under Section 80G of the Income Tax Act. Payments can be made by cheque, favouring Udaan India Foundation or by remitting HDFC Bank account no. 02392000004643.

Udaan India Foundation
2202, Odyssey II Hiranandani Gardens, Powai
Mumbai - 400076 Phone: 022- 40000392
Email : [email protected]


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