Citizens' Issues
Subramanian Swamy warns PM Modi about signing Rafale deal
Warning the government against signing a deal to purchase the Rafale aircraft, Dr Swamy said if at all the Modi government is really so keen, then it should buy Dassault, the company which makes Rafale warplanes. Dr Swamy alleges that the Rafale deal had been privately negotiated between two sisters of Sonia Gandhi and Carla Bruni, the wife of the former French President
 
Dr Subramanian Swamy has asked Prime Minister Narendra Modi not to sign any deal with French company Dasault for buying Rafale warplanes. "Dassault will go bankrupt if no country buys the Rafale and therefore if we want to oblige the French it is better to buy Dassault company itself rather than their planes, as it will be more beneficial and cost effective," Dr Swamy said in a statement.
 
Warning that he may have to file a public interest litigation (PIL), if, "the Prime Minister for some other compulsion anyway decides to go ahead with the deal”, Dr Swamy also levels some serious allegations about how the deal had been negotiated with the previous government. 
 
Here is the statement issued by Dr Swamy...
 
 
April 10, 2015.
 

 

STATEMENT OF DR. SUBRAMANIAN SWAMY,

PRESIDENT OF VIRAT HINDUSTAN SANGAM

MADE IN NEW DELHI.

 
I urge the Prime Minister not to finalize the Rafale Aircraft Deal with France.  The deal originally was negotiated by the previous UPA Government.  
 
There are two major issues with the Rafale Aircraft Deal which if clinched would embarrass the BJP Government at the Centre.  The first is that Rafale is a less fuel efficient aircraft and lacking in essential performance characteristics because of which no country in the world has agreed to buy these aircrafts.  Some countries have cancelled contracts after signing an MoU with Dasault, the manufacturers, after carrying out a trial of the plane, for example, Switzerland.
 
The Rafale performance of Libya and Egypt turned out to be worst of all the aircrafts which were deployed by the allies liberating the countries from tyranny.
 
  The second issue is that the present Rafale Deal negotiated was de-facto a privately negotiated deal between the wife of the former French President Ms Carla Bruni, who is an Italian with two Italian sisters of Ms Sonia Gandhi, namely Ms Anushka and Ms Nadia, and is a corrupt deal to the core.
 
Dasault will go bankrupt if no country buys the Rafale and therefore if we want to oblige the French it is better to buy Dasault company itself rather than their planes, as it will be more beneficial and cost effective.
 
If the Prime Minister for some other compulsion anyway decides to go ahead with the deal, then I will have no option but to approach the Court in a PIL to get it set aside.
 
(SUBRAMANIAN SWAMY)
 
 
Dr Subramanian Swamy will be in Mumbai on 24th April to address a seminar organised by Moneylife Foundation on the Black Money Bill. Click here for more details

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COMMENTS

ak

2 years ago

Clearly there is an invisible hand controlling the govt. BJP or Congress they are just illuminati puppets

ak

2 years ago

It is now very evident that there is indeed an invisible hand that controls the govt. Doesn't really matter who is in "power".

rihanahmad

2 years ago

Dr Swamy is an artist . All that he does is simply to catch headlines . To impute that the govt has a vested interest in the Rafael deal , without knowing the details of the deal and then to tell the govt to buy Dassault (as if the French will allow such a high grade technology company to be sold ) is an insult to the intelligence . Earlier also he has said similar eye catching things with no basis . I remember him saying that Rahul Gandhi is fleeing India as he has bought a flat in Dubai.

CR KRISHNAMURTHY

2 years ago

The Government of the day has no option but to check the veracity of the claims of Dr. Swamy. It shouldbe correct as could be seen by the toughness with which the statement is made. Denial of a cabinet berth, particularly Finance, could have made Dr.Swamy to work like this to win the 'confidence' of PM.

SuchindranathAiyerS

2 years ago

Service men have far too exalted an opinion of India's higher judiciary. They should remember what happened to General V.K.Singh's date of birth case. India's Courts, like India's Constitution and laws slice and dice "Justice" by caste, tribe, religion, gender, influence and wealth in their own good time. By proscribing them from approaching the High Courts, the law spares them a lot of expense, time and humiliation. India is about "who" never about "what". Show me the person, and I shall show you the law.

rihanahmad

2 years ago

Dr Swamy is at it again. He is a known baiter now given to soft blackmailing . Pl take out all his statements and publish them . He was a visiting professor at Harvard , till the students themselves threw him out for his narrow and self serving views . If PM gives him a berth then all his opposition will disappear .

Sarin Thomas

2 years ago

I am not understanding why money life want to promote such an idiotic,narrow minded, castiest person.Who still boasts about his cast in this 21st century, who shows extreme religious bigotry.

REPLY

Babubhai Vaghela

In Reply to Sarin Thomas 2 years ago

Better to concentrate on the objective aspect of the issue raised here rather than talking about any individual.

http://timesofindia.indiatimes.com/news/...

BTW : Whether BJP PM is Racial Discriminator?

tk

2 years ago

Great Mr.swamy just carry on, You are realy A TRUE INDIAN who has a voice irrespective of party lines.& I really respect your voice
Otherwise know a days people use to show indianness by putting the photo of Great bhagat singh behind them in TV show

Babubhai Vaghela

2 years ago

Hope, President of India Mr Pranab Mukherjee prevails over BJP Govt to not proceed with the corrupted deal whether Mr Swamy files PIL or not.

B. Yerram Raju

2 years ago

The country at the present moment cannot afford the luxury of buying Dasault but has to plan for a future such intervention setting aside prejudices and predilections in the political agenda.

Suketu Shah

2 years ago

I am sure Namo has taken Dr Swamy's opinion on this into acount in the past before arriving at this decision.The need to get 36 planes is more important than the fact that Sonia negotiated.I am sure Namo respects Dr Swamy a lot.Sometimes to go 1000 steps forward you have to go 1 step back.

REPLY

Babubhai Vaghela

In Reply to Suketu Shah 2 years ago

Subramanian Swamy does not seem to be anybody for Narendra Modi who continues to act in absolutely arrogant manner.

Pantulu

2 years ago

It is better to listen to Dr.Swmy and get an expert technical advice before plunging into such deals cleared by the earlier govt known for all types of scams.There is no need to oblize anyone if it does not suit the requirements of the country specially when we say there is no money even for relatively more important works like laying good roads and providing water.

Pantulu

2 years ago

It is better to listen to Dr.Swmy and get an expert technical advice before plunging into such deals cleared by the earlier govt known for all types of scams.There is no need to oblize anyone if it does not suit the requirements of the country specially when we say there is no money even for relatively more important works like laying good roads and providing water.

Suketu Shah

2 years ago

100% right Dr Swamy is.

Netaji's family demands judicial probe into snooping
Expressing shock over reported revelations that successive Congress governments had snooped on family members of revolutionary leader Netaji Subhas Chandra Bose for 20 years after independence, a prominent member of the clan on Friday demanded a judicial probe on the issue.
 
Family spokesperson Chandra Kumar Bose also demanded that the Narendra Modi government declassify the secret files related to Netaji, and the clan.
 
"It is shocking. It is not an issue involving merely the family, but the entire nation, because several members of the family from Sarat Chandra Bose to Amiya Nath Bose as also Sisir Kumar Bose were prominent freedom fighters," Chandra Kumar Bose told IANS.
 
He said while it was understandable that the British government would snoop on the family because of its fight against imperialism, "that the central government in post-independence India could do it, that is too shocking".
 
"It is an attack on democracy, personal liberty and the spirit of the freedom movement, a betrayal of the nation," he said.
 
"A judicial inquiry commission should be constituted, and a special investigative team should be formed under the commission. The commission should report to a sitting judge of the Supreme Court," he said.
 
He said the probe should cover the entire sequence of events from circumstances leading to Netaji's disappearance to the spying on the family members after independence.
 
Bose said the Modi government has been talking of transparency all along. "If they are sincere to what they claim, then they should order declassification of over 160 files still kept secret."
 
Media reports have claimed that recently declassified files of the union home ministry have revealed that the family of Netaji was placed under intensive surveillance from 1948 to 1968 by the central government.
 
The country had three Congress prime ministers during these 20 years - Jawaharlal Nehru, Lal Bahadur Shastri and Indira Gandhi.

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COMMENTS

Senior Citizen

2 years ago

It will be waste of time and resources to order a probe. Netaji, Gandhi and Nehru and other Indian elites were used by Allied and Axis powers for their own National interests. We should now learn not to fall into similar traps and stay clear of US led group or China/Russia led group failing which our population will pay heavy price like it is happening in many areas in today's world.

Nifty, Sensex going strong – Weekly closing report
A weekly close below 8,600 in Nifty will signal temporary reversal
 
The S&P BSE Sensex closed the week that ended on 10th April at 28,879 (up 619 points or 2.19%), while the NSE’s CNX Nifty closed at 8,780 (up 194 points or 2.26%). In the previous week, we had mentioned that Nifty is in a bullish mode and may be heading for 8,700.
 
On Monday, the 50-share Nifty moved sideways in the morning session. However, after the noon session, the benchmark gained momentum. Nifty closed at 8,660 (up 74 points or 0.86%). A survey showed that the headline HSBC India Purchasing Managers' Index (PMI) nudged higher at 52.1 in March 2015 from 51.2 in February 2015. Previous week, the Reserve Bank of India (RBI) announced that the entire amount due to a bank in respect of fraud committed by borrowers shall be provided for over a period, not exceeding four quarters, commencing with the quarter in which the fraud has been detected.
 
On Tuesday, the RBI, in line with the market anticipation, kept monetary policy rates unchanged. Nifty, which had a weak move in the beginning of the session, lost all its strength just after RBI came out with its monetary review. However, by the end of the session, the 50-share benchmark regained strength and closed marginally higher. Nifty closed at 8,660 (up 0.40 points). The Reserve Bank said it would await transmission by banks of its front-loaded rate reductions in January and February into their lending rates. The government invited foreign pension funds to participate in the infrastructure sector in the country.
 
On Wednesday, Nifty moved higher and managed staying above the support of 8,600. Nifty closed at 8,714 (up 54 points or 0.62%).
 
The RBI had instructed banks to restructure loans of farmers whose crops have been damaged by the recent unseasonal rains and hailstorms. Prime Minister Narendra Modi announced higher compensation for farmers whose crop has been damaged by unseasonal rains.
 
The optimism on the bourse continued for the fifth consecutive session on Thursday. In spite of giving up intra-day gains, twice during the trading session, the 50-stock index closed at 8,778 (up 64 points or 0.73%). 
 
Ratings agency Moody’s changed India's outlook to positive from stable, while affirming its Baa3 rating. 
 
Monsoon rains in India are expected to be normal this year, the chief economic adviser said at the finance ministry. 
 
Data from the minutes of the US Federal Reserve's last meeting showed the Fed was still on course to hike interest rates this year.
 
On Friday, the Nifty witnessed a highly volatile session trading mostly in the red. It barely managed to close higher. Nifty closed at 8,780 (up 2 points or 0.02%). 
 
Fitch Ratings affirmed India's sovereign credit rating at 'BBB-' with a stable outlook.
 
A committee headed by MS Sahoo, a former member of the SEBI, has reportedly suggested removal of the limits on corporates' external commercial borrowings (ECBs). The Committee has also suggested removal of end-use restrictions on ECBs and recommended that every borrower should hedge a part of his borrowing. After the close, the government announced that the industrial output has increased by 5% in February compared to 2.6% increase in January.
 
Out of the 27 main sectors tracked by Moneylife, the top five and the bottom five sectors for this week were:

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