Kejriwal targets Mukesh Ambani, again!

“Happiness does not increase by accumulating more and more wealth and if you stopped doing business dishonestly and contributed your wealth for the development of the nation, this country will remember you with pride forever,” comments Arvind Kejriwal on the legal notices sent to TV channels by RIL for showing 'live' telecast of his press conference

Arvind Kejriwal, the social activist-turned-politician, has again targeted Mukesh Ambani, the chairman and managing director of Reliance Industries Ltd (RIL) and the richest Indian across the globe. Kejriwal in a letter has also taunted the RIL CMD about sending notices to TV channels, which telecast the 'live' press conference of Kejriwal and Prashant Bhushan on 31 October 2012.


"I find it quite perplexing. If you felt that you have been defamed by what Prashant Bhushan and I had said, then we are the real culprits and, if you have to send a defamation notice, it should have been to us. The TV channels merely broadcast what we said. Despite this, instead of sending us the defamation notice, you have sent it to the TV channels. It is evident that your sole purpose of sending this notice was to steamroll the TV channels into subservience," Kejriwal said in the letter.


According to media reports, Mumbai-based AS Dayal & Associates has sent notices to TV channels on behalf of RIL. "Live telecast of these Press conferences amounts to permanent publication of defamatory material relating to our client by you…Each of the two Press conferences were telecast live without making any attempt to verify the truth or veracity of the statements and allegations being made during the Press conference,” the seven page notice reads.


Kejriwal, in his fresh salvo asked Ambani to give some straight answers. He asked...


1. Is it not true that the list of those who have accounts in Swiss Banks, as received by the Government of India, includes your name and the names of your relatives, your  friends and your companies?

2. Is it not true that a balance of Rs100 crore is shown against your name in this list?

3. Is it not true that you have paid the tax on this amount after this list was received by the  Government?


The founder of the Aam Aadmi Party (AAP) said, "If the above is true, as we suspect it is, it proves that you have admitted your guilt. As per the law of the land, you should be tried and, if the charge of tax evasion is proved, you should be sent to jail."


"However, this would never happen. Why? Because the Government of India is intimidated by you. You have been reported as saying that the Congress Party has been bought by you – it is your dukaan, to be precise. You are right. According to some media reports, Mrs Sonia Gandhi sometimes travels by your personal aircraft. People believe that Mr Jaipal Reddy’s ministry was also changed because of your influence.


Why only the Congress? Even BJP and many other parties are in your pocket. Earlier, Mr Advani used to make a lot of noise about Swiss Bank accounts, but since your accounts have been exposed, BJP has suddenly gone quiet. BJP has not mentioned a single word in the Parliament about your accounts," Kejriwal said in the letter sent to the RIL chairman.


Here is the letter sent by Kejriwal...






4 years ago

AAP's Arvind Kejrival must Purue the Issue of VODRA,as it looks a definite case of Quid PRO Suo .As Mr.Jagan mohanreddy is prosecuted in AP for similiar deals,Mr.VODRA issue also requires Follw up ,till Full Deatails are Explained.

BJP's Silence on Swiis Bank Accounts is not good for BJP.

Hats OFF to Guts of Mr. Kejrival.

s kumar

4 years ago

How many political parties have this gutts to take the bull by the horns. Keep it up Kejriwal.

nagesh kini

4 years ago

Will this be a sustained campaign followed up by constant prodding for responses or an one-off attempt soon to be forgotten?

nagesh kini

4 years ago

Will this be a sustained campaign followed up by constant prodding for responses or an one-off attempt soon to be forgotten?


4 years ago

Mulesh will not sue Kejriwal. As every one knows almost all TV News channels are in red . RIL holds substantial shares in CNN IBN channel. RIL deep pockets ensure many in top enjoy hostings by RIL.

Convey kudos to Kejriwal for ambushing the 2nd term of Gadkari. No TV New Channel attributed Gadkari's demolition to the efforts of Kejriwal.

PNB, CBI, OBC, BoB face further deterioration in bad loans after 100% jump in NPAs last year

Some of India's biggest banks which reported the highest increase in net NPAs in 2011-12, faced further deterioration in asset quality in the first half of 2012-13 too, says a research report

During 2011-12, more than a dozen banks, including domestic and foreign have reported over 100% jump in their non-performing assets (NPAs) says a report by


Alarmingly, "The NPA scenario has got worst in the first half of current financial year (2012-13), with gross NPAs growth rate at 45.7% being far higher than the growth in gross advances by banks in India” says Devendra Jain, CMD of Atishya Group that owns the portal


Some of India's biggest banks which reported the highest increase in net NPAs in 2011-12, faced further deterioration in asset quality in the first half of 2012-13 too: Central Bank of India (CBI)'s net NPAs growth rate has again jumped by 224.5%, that of Punjab National Bank (PNB)'s has shot up by 277% and for Indian Bank it is a further jump of 111%. India's largest bank, the State Bank of India (SBI) too saw its net NPAs shoot up by 40% in net NPAs during the first half of 2012-13 as against an increase of 28% in the previous financial year ended 31 March 2012.


According to the research, large banks like CBI at over 400%, Indian Bank with 201%, Oriental Bank of Commerce (OBC) at 162%, Corporation Bank with 119% and PNB with 118% were amongst those banks which reported over 100% jump in their net NPAs during 2011-12. Foreign banks like Bank of Bahrain & Kuwait (399%), Chinatrust Commercial Bank (269%), DBS Bank (232%) and Standard Chartered Bank (193%) too figured amongst the banks with very high increase in their net NPA levels, it said.


Bank Name

as on March 31, 2012

as on Sept 30, 2012

Increase in

Net NPAs (Rs crore)

Increase in

Net NPAs (%)

Increase in

Net NPAs (Rs crore)

Increase in

Net NPAs (%)

Karur Vysya Bank





Central Bank of India





Indian Bank





Andhra Bank





Oriental Bank of Commerce





Punjab & Sind Bank





Corporation Bank





Punjab National Bank





Bank of Baroda






As of 30 September 2012, net NPAs for 39 listed banks were higher by around Rs31,100 crore or 58% compared to corresponding period of last year, the analysis by shows. Of this, about 75% or Rs23,300 crore has risen during first half of FY13. Similarly gross NPAs as of 30 September 2012 were higher by Rs53,000 crore or 46.7% compared to corresponding period of last year. Of this 66% or Rs35,200 crore has risen during first half of FY13, it said.


According to recent data released by the Reserve Bank of India (RBI) even as the gross NPAs of all banks shot up by 45.7% for the first half ended 30 September 2012, the gross advances growth rate was just 15.9%.


The analysis done by shows that net NPAs of 39 listed banks as of March 2012 were Rs61,380 crore and this has risen to Rs84,680 crore as of September 2012, growth of 38%. Similarly, gross NPAs as of March 2012 were Rs1.31 lakh crore, which have risen to around Rs1.67 lakh crore as of September 2012, growth of 27%.


Universal healthcare: When will the government act?

It’s high time India chalks out a plan to provide healthcare to all its citizens, irrespective of their economic status. Other countries are working toward it and have already moved passed us. If the scenario has to improve, we must start acting now. Sadly, the government is neglecting its responsibility. This needs to change. Here’s where to start.

National health cover to address access and affordability issues for ensuring universal healthcare is an idea whose time has come in India. Of late, for compelling reasons, including the comparisons with nations that have moved passed us in this respect, sporadic efforts to improve healthcare infrastructure are being made by the government and private organisations working in the field of healthcare.


At a global level, through intervention by organisations like World Health Organisation and at the national level, there have been moves to provide better healthcare to more people. Unfortunately, most of the improvements have been in the private sector, whose facilities are unaffordable to a large section of the population.


Despite the priority to universal health coverage given by the Planning Commission, the government’s responsibility to ensure minimum healthcare along with other basic needs has been getting diluted in the recent past.


The Kolkata Declaration (February 2010) by the Kolkata Group, presided by Amartya Sen and attended by 45 social scientists, policy makers and development experts must have been an eye-opener for authorities responsible for converting constitutional guarantees on human rights into public services. In the changed context of economic development, public and private funds need to be pooled in to make medical facilities, including preventive healthcare, available to every citizen, irrespective of economic status. Costs should be recovered from those who can afford to pay, but cost should not stand in the way of a citizen’s access to essential services, especially emergency medical attention, whether the facility is public or private.


For ensuring that such efforts do not suffer for want of finance, the Government of India should earmark a portion of the windfall gains such as from spectrum/ natural resources auctions and divestments it is appropriating to the Consolidated Fund of India for providing basic necessities to the underprivileged. The government should not shy away from subsidising costs for providing universal public healthcare for the poor. Mere increase in expenditure on healthcare as a percentage to GDP does not indicate any increase in outreach to the needy, as the bulk of the funds are likely to be cornered by big hospitals in cities or appropriated by insurance or pharmaceutical companies under various heads. For achieving the desired result, a top-to-bottom overhaul of the healthcare infrastructure and funding modalities may have to be taken up.


Sometime ago, there was a report about the efforts of Manipal Health Enterprises to dispense with the comprehensive primary and polyclinic-style preventive and curative wellness services in residential areas, and bring back the dying family physician mode. This is worth emulating nation-wide by the medical profession and service providers in the area of healthcare. The model of the National Health Service (NHS) in UK, which takes care of the healthcare needs of each citizen by linking them to general practitioners (GPs) and good hospital facilities, may be a distant dream for a country like ours, though, with a population over 1.2 billion and limited resources being allocated to healthcare.


Still, linking the healthcare needs of each family to a local doctor, primary health centre, private hospital or at least a health inspector from the state government health department would create more health awareness, improve preventive healthcare and reduce delay in diagnosis of cases where quick medical attention would minimise the chances of complications.


As the benefit of health insurance and the option to avail of medical facilities in the private sector is presently the privilege of a miniscule percentage of the population, who either work in the organised sector or are in the above poverty line category, such an effort is necessary to increase the outreach of healthcare. Here, coordinating various commercial ventures in health services and government efforts from a social responsibility angle would be necessary. Perhaps, an initiative in this direction could be taken by local chapters of the Indian Medical Association and respective state government health departments. The UK NHS model could be a distant goal.

There are many arrangements under which general practitioners can work in the UK. While the aim of a UK doctor is to become a principal or partner in a GP surgery, many become salaried or non-principal GPs, work in hospitals in GP-led acute care units, or perform locum work. Whichever role they fill, the vast majority of GPs receive most of their income from the NHS. Principals and partners in GP surgeries are self-employed, but they have contractual arrangements with the NHS which brings stability to their income. Visits to GP surgeries are free in the UK, but most adults of working age who are not on benefits have to pay a standard charge for prescription—only medicine. GPs in the UK may operate in community health centres.

Something you already know

Till such time systems are put in place, we should take extra care to ensure adequate funds for treatment and insurance. Serious thought should be given to post-retirement medical insurance cover sufficiently in advance, as “running for cover” after retirement can be frustrating!

For more articles from MG Warrier, please click here

(MG Warrier is a freelancer based in Mumbai.)



nagesh kini

4 years ago

Whatever happened to the Committee Report supported by the AFMC costing of Health services submitted ages back to the Ministry of Health GOI?
Amartya Sen arrived on the scene much later.



In Reply to nagesh kini 4 years ago

Dear Mr Kini
Share some salient features of the report. Let us keep the issues live. Like that only we can make people think.

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