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Yes. The plan itself is flawed.I am reproducing here the article I had written some time ago. This article is going to answer your question. Since associate banks of SBI are getting merged on April 1, 2017, the question has current relevance.Why our banks should not be merged: an un-unionist perspective.I think it's time to write a little on the topic since the cabinet decision to merge associate banks of SBI with SBI has already been taken and the Order to do so has been issued. Come 1st day of new financial year 2017-18, and there won't be any associate banks of SBI anymore. Though I would say that they were already subsidiaries of SBI getting regulated by SBI subsidiary banks act, 1959 having the same brand 'State Bank', same logo, same recruiter, same head & so on. So their merger with SBI does not evoke as injusticed a feeling as it would have, had they been merged with some other banks but SBI. It's like parts of a single group company coming together to the parent fold.Secondly, I'm least concerned about the amalgamations of banks under section 44A (voluntary consolidation) and section 45 (persuasive consolidation of weak banks in depositors' interest or in the interest of the economy) of Banking Regulation Act,1949 taking place. However I do not support the uncalled for merger seeking refuge under this section 45.My contention is for well performing public sector banks. Being the largest stakeholder of public sector banks doesn't mean Government can do anything it wants at will. All the PSBs are first owned by people. It's all people's money that runs the banks and hence the economy. The government is just a custodian and caretaker manager of people's money. And it is for this reason that Finance Ministry and RBI exist. Government in the 2016-17 budget had proposed for amalgamation of banks, which started rapid activism in this direction. The Bank Board Bureau chief Shri Vinod Rai even chalked out some plan and Govt came out with Six Anchor Banks scheme proposal into which all 27 PSBs would be merged. There has been little progress in other PSBs' case except SBI and its associates. The February 22, 2017 Order is a new development in SBI's case.Therefore, while bank unions and trade unions have already presented their vociferous concerns, I'm going to analyse them and put my own views across.THE GOVT. PLAN==============1. Back in 1991, the year of big financial reforms, one Committee on banking reforms headed by Shri Narasimham put forth its recommendations to reform banking and banks in India. It said that we should have three tier structure of banks. First tier of Three Large International Banks, second tier of eight to ten National Banks and numerous local and regional banks at tier three. In 1998, the committee reiterated its already stated recommendations. Since then the respective governments have been contemplating mergers.2. Though being the seventh largest economy in nominal GDP terms (GDP=$2.25 trillion, per capita PPP GDP of $6,658/-; IMF figure dated July 19, 2016), India doesn't have a place in top 50 banks yet. On the other hand China has 13 banks in top 50 with ICBC being the top most and three others (CCB, ABC & BOC) in top ten for several years. Herfindahl-Hirschman Index (HHI) of 518.53 for Indian banks shows that it's highly 'fragmented' and 'diffused'. Hence a consolidation thought out by the government is inevitable.3. Since industries in India are increasingly becoming large, the requirements of larger finance can not be met by existing capital base of individual banks. To finance large projects and larger businesses, India needs big banks. So, by consolidation this objective can be achieved.4. With large size, the businesses of banks can be hugely diversified ensuring multiple strong sources of income. This way it is envisaged that if having diversified businesses, the loss of one kind of business may be compensated by the other's profit, which will reduce the overall risk of banks' failure.5. From 1st of January, 2019, a regulatory provision of BASEL-III is to be invoked. Like Capital Adequacy Ratio(CAR) or Capital to Risk weighted Asset Ratio(CRAR), one new ratio Total Loss Absorption Capacity Ratio(TLAC) is going to be mandatory for globally systemically important banks(G-SIBs) to comply with. This would mean shrinkage of their free-will expansion. Shrinkage of their businesses so as to meet regulatory capital requirements. It has been worked out to be 16% by 2019 and 18% by 2022. In addition to meeting Capital Adequacy norms of at least 10% of Risk weighted assets they will have to set aside 16% more capital to withstand any untoward hazard. Our government by that time intends to put on global stage some big indigenous players to take benefit of the situation and establish our firm presence globally.6. One final aim of the Government that reflected in the early 2016 financial statement of RBI was to consolidate banks in such a way that they focus on their specialized business more than the unrealized obligations to conform to each regulation of a multidimensional bank. In short, from multidimensional structure to unidimensional structure. For example, the bank with greater presence in rural areas will be made to focus on rural banking rather than stepping into corporate businesses involving large credit demands etc. The bank having huge customer base with minimal deposits & lacking in credit will be made to work as Payment Bank. The bank with greater HNI customer base and considerable urban expansion will be made to work as investment bank. They mean specialized business of banks would reap benefits for one & all.In two words, the phenomenon can be termed as 'Business Consolidation'.REASONS AGAINST THE PLAN========================1. Poor people can not make banks rich. Indian people had in total 1170 million savings bank account in 2015 according to statistics released by RBI on 10th of March, 2016. In banking arena, this savings bank account is seen as the root of all accounts. Given the tendency of customers to have more than one such account in different banks, it is not hard to assume that a large chunk of our 1300 million population is having no access to banking services at all. They are completely out of the financial system. Maybe by next few years they get inside the fold through financial inclusion measures like Jan-dhan yojna etc.Now a little comparison between our biggest bank SBI and Chinese biggest bank ICBC would illustrate the premise. ICBC was established on 01/01/1984, whereas our SBI was established some 200 years back but let's take the nationalisation date which is 1st of July, 1955, way ahead of ICBC. In 1970s China adopted reformist measures under Deng Xiaoping. We in 1991. In 2000s the ICBC driven by its increasingly export oriented industries started expanding globally, while our SBI continued to focus on domestic business. Time passed, today ICBC's business figures shown on its website and The Banker's website state that it has a total assets of $3.55 trillion (more than our national GDP) whereas our SBI will have it around $550 billion after merger with its associates. ICBC has 49 crore customers whereas our SBI will have around 50 crore. Evidently our SBI outnumbers the biggest ICBC by 2% in terms of customers' base becoming the world's largest bank in the same terms. But on the other hand, the ICBC belittles that achievement of SBI by showing the total assets figures, currently at 645% of that of SBI. In short, while the number of customers of ICBC is almost same as the (would-be) number of SBI customers, its assets are a whopping 6.5 times more. It means the people who form the customer base of SBI are poorer than that of ICBC.Secondly, let's take a look at IMF’s World Economic Outlook Data, October 2016. India is second to China in terms of population by not a huge difference. But in terms of economy, the difference is so staggering that it will make you take a frowning sigh. Chinese GDP stands at $11.3 trillion whereas ours at $2.25 trillion. Chinese per capita PPP GDP stands at $15,423/- whereas ours at $6,658/-. Chinese biggest contributors to its GDP are Manufacturing 45%, Services 45% and agriculture 10%. Our biggest contributors to our GDP are Manufacturing 26%, Services 57% and Agriculture 17%. Evidently our generators of wealth are not as much powerful as Chinese. The traditional dependence on Agriculture has decreased considerably since 1991. But still its role dominates in the performance of our economy. About services, I would say we can not be Lee Kuan Yew's Singapore. Lee drove Singapore from zero to top on the vehicle of services. It was a small country, and so it sped with unprecedented speed. Ours is a huge one both in size and diversity. It can not be dependent on either of the vehicles. If we have to make our people wealthy, we shall have to give larger impetus to manufacturing. We shall have to compete with China. There is no other way out. And to those imagining how shall we acquire market share, which is already saturated by Chinese products, I would say to look at Reliance Jio strategy. Though the freebies can not be given like Jio but the prices of consumer goods can be considerably reduced. How? Just like our ISRO. At the cost of Gravity film, a satellite in Mars' orbit. Similarly at the cost of iPhone we shall offer automobile. At the cost of calculator we shall offer smartphone. At the cost of tea-pot we shall offer microwave. At the cost of paper books we shall offer e-book-readers. Unless we do this, we can not bring wealth to our people. And with no wealth to the people, how can a bank be wealthy?But what our government is trying to do is to make banks wealthy and large based on numerical strength of our people rather than their capital strength. What we need to do is to make our peoples' income better, the Banks would automatically become the best.2. Acceptability issue in foreign lands. Since our industries are not major exporters of public goods, the demand of our banks' services would not arise in foreign lands. An example. Here in our own country, there is an American company Procter & Gamble that sells various daily-use goods. Even to small wholesale dealers they ask to remit money in its Bank of America, Mumbai accounts by way of RTGS/NEFT. And why do they do that? Because it's easy for them to collect funds from all those countries where they sell. So prior to have banking business in a certain country it's imperative to have goods business first. The goods businesses, I mean, exports of goods abroad pave the way for its bankers to establish business there. Even today wherever our branches are, they are run because of Indian Diaspora. Completely alien people can not do banking business in an alien land no matter how much TLAC requirements are made mandatory for banks, G-SIBs under BASEL-III.Second issue is of acceptability of our Banks' letters of credit. It is said that except SBI and a few others, the rest of the Indian bank's LC is not accepted abroad. And hence our importers face problems; sometimes giving into the pressure, they open accounts in foreign banks to obtain LCs. I think so long as our banks have not evolved on their own on global platform, the services of Indian Banks like SBI and others should be nationalistically sought without giving in to the pressure otherwise. And the exporter who can not trust SBI and those which figure in top 1000 world banks' list, our importers should not import from them and abandon all their mutual business dealings. It's exporters who are dependent on the importers, not the other way round. After all, the customer ( be it any buyer or importer) is always right.3. 'Too big to fail' fallacy. Banks are very volatile structures if left without certain regulations. These structures stand on basic values of customer confidence, customer loyalty and customer integrity. It is not said that banks have to be large. But it should never be so large that economy can not exist without it. We all saw 2007-08 Global Economic Crisis. The big banks like Lehman Brothers and Merrill Lynch failed. This failure brought America to its knees. A ready reckoning in this regard. Suppose we have ten banks with assets accounting for 90% of our GDP. With so much of money banks would be tempted to give credit at lower cost and relaxed provisions. People would throng banks to avail benefit of the opportunity. Banks would extend them best possible credit. Now borrowers would go and spend for their respective purposes. Let's suppose the moratorium is fixed for one year during which only interest would be serviced. After full disbursements, when banks with bated breath will be waiting for return, customers one by one would start to default- some wilfully and some with even genuine reasons. Now banks would have nothing at hand to payback to its depositors. It would start trembling. Since too big to fail, govt would rush in to action to weather the crisis. It would inject bailouts in the systems of banks. The sheer volume of bailouts would further have implications. Like it would reduce the value of money resulting in rampant inflation. High Inflation would reduce demands. With reduced demands, the manufacturing houses would cease their output. With unavailability of public goods, public outcry would rise resulting in complete political, social and economic chaos. Ultimately the government would realise that the very reason for which they made 'too big to fail' banks has itself failed. And it would be too late by then. Something similar happened to America in 2007-08. But their government's swift acts with sheer visionary Federal Reserve and SEC decisions, the impending failure of economy was averted.4. To meet capital requirements for big industries, it is not that only merger of banks is the way forward. There is something called Consortium Finance. This way their huge credit needs can be met. And our banks have rich experience in this kind of finance. Even the common public know it well thanks to Vijay Mallya's wilful defaults.5. Business diversification to have risk diversification is a good concept. But it does not necessarily necessitate huge pool of capital base and hence banks' merger. There are banks in India having around $10 billion to $100 billion assets and they have every kind of business like Bank of America, Standard and Chartered, HSBC and ICBC. And they have been making profits incessantly. It is not that they do not have risky assets, NPA burden and big provisioning requirements. But they have not failed due to the lack of risk diversification. What is earnestly needed is their proper monitoring and regulation, which is deftly being handled by our RBI.6. Business consolidation. While the proposal looks good on face, but it's injustice to the public bank nature of the PSBs. It is like telling a public bank to finance only auto loans since it has good exposure in it and deny financing housing projects because of not having enough proposals. On 19th July, 1969 those 14 banks were not nationalised based on any particular business they were good at, but capital base. Capital generation doesn't have a single route. It comes from multiple sources. Becoming unidirectional would make it lose its sheen & become vulnerable to risks. Specific services providers would get reduced. Therefore if now Government says that this or that specific bank should stop certain kind of business and focus on something else, it curtails the peoples' right to choose what services to avail from where.Shallow Unionist Reasons=====================There are some people in all the unions who rake up issues which has little relevance practically. They try hard to make ordinary things look behemoth. With this practice, they ensure their relevance actually. This practice dilutes the real objectives of Unions like standing against any injustice meted out to its brethren, ensuring collective welfare of co-workers and their fair working conditions, raising voice against wrong and illegal practices and exploitation, ensuring discipline and truthfulness among its brethren, motivating and assisting its cadres to rise and work effectively, guarding against unruliness and sycophancy.Now let me list those reasons which have little or no relevance, but are cited as big ones.1. Cultural Problems. India being a country of numerous ethnicities, races, creeds and cultures has offices filled with all these diverse people. And they do not have problems working together as a team. But once they come out of that team and are made to work with other teams, will they have cultural problems? One example. MS Dhoni worked well with Indian cricket team. Whether he failed with Chennai Super Kings or Jharkhand teams? He was and is a good cricketer. He performed (played and captained) equally well with all the teams regardless of the differences in systems, rules and pattern of the formats. The same is true with we bankers. If someone can adapt to the work life with colleagues of way different cultural backgrounds, it is least to assume that he will perform equally sensibly at other teams as well. The corporate culture imbibed during the stint at a certain place can not prohibit him to adapt to the other cultures of different corporates. Simply, the culture of one place can never become obstacle for other place. That too in India, the land of unity in diversity. No way. There are people who work as officers in one bank and go to others to work as executives. Yes, there may be individual genuine problems to some but overall it's not such a big issue.2. Contagious Effect. It's been assumed by some that if weak or loss making bank is merged with well performing bank, the weakness of former gets induced to the later. This is not entirely correct provided the management of the merged entity is carefully done. There are examples of Canara Bank acquiring Lakshmi Commercial Bank in 1985 and Oriental Bank of Commerce acquiring Global Trust Bank in 2004. Both these LCB and GTB were on the brink of being insolvent, but the managements of acquiring banks have to be commended that they managed to make profits only. So, it depends on the management of the acquiring bank whether the merger with weak would make it weak or strong. It can not be said in general that on acquiring sick bank, the healthy bank would become sick itself.3. Heavily Unionized Atmosphere. It is observed by some that since banks are heavily unionized, it can not let mergers take place easily. The driving thought behind this thought is the assumption that Unions are obstructionists. Instead of saying fair, weighty and constructionist reasons, some Union people have put the blame on themselves by uttering this.4. Software difference. It's true that people accustomed to work with a certain kind of software would find it difficult to work with a different one unless they are trained in it. But it is not a hindrance. Recall the early CBS period of 2000s, when banks used to adopt a software for a while and change it with a better one. This adoption and change continued for quite some time before having present systems. Our people adapted to the changes with proper training. The same may be done to the merging bank employees. They will be trained. If they are not trained, the Union may come to their rescue. That is the constructive role of the Union. But since there is difference in CBS systems, the banks should not merge seems more like a lame excuse than a constructionist reason.5. Kill competition. The competition at locations where both merging banks' branches competed would stop but not the overall business competition of banks.6. Lay off of employees. Since two branches would get merged, some employees may be laid off is the perception being promoted by some. But thinking logically, the business which is managed by a certain number of employees can not be managed by the same once the business suddenly shoots up. It will require more people. So the employees of both the banks would have equal number of tasks, yes, under one roof. People say that since technology would be heavily used, banks may not need as much employees. No. I don't agree. Technology can not take decisions. Technology may make execution of documents and other works easier but it can not act on its own. Hence it will necessitate more focussed approach and expertise not lay-offs. With the help of technology, the processing and monitoring will be eased, delivery of services will be prompt and employees' productivity will increase which will take banks to newer heights.7. Privatisation. By merger, some people see the impending privatisation coming up. If such was the case, why would they merge banks? They can straightaway go for privatisation. But there is no such announcement. Some people in the govt do say it as panacea to cure bad loan problem. But they undermine the real consequences and circumstances of doing so. I don't see it happening any time soon.8. Illogical Provisions. Though it may sound illogical, but the same prudential norms of provisioning on standard assets has stood the test of time since its introduction by RBI. It ensures the repayment capacity of banks to its lenders and weathering the crises of various risks. It is in no way detrimental to the health of a merged bank.Profound Unionist Reasons======================1. Bad loan problems. The banks are given targets to achieve. The managements use every method to ensure that the targets of individual branches are achieved. To meet the targets banks start hunting the right borrowers. Sometimes they get some good borrowers but not always. Here the problem is created. Bad loans evolve from here only. And the cycle starts from Bad loans to NPA to Loss to filing of suit to possession of collateral to auction. By the time of auction, the outstanding liability far exceeds the market value of collateral making banks compelled to sacrifice some amount and settle down. This ultimately results in absolute losses. The mergers would raise the targets and hence the bad loan problems would also rise. What is needed to fix this, is stringent and strict laws to ensure immediate recovery.2. Political Interference. Since banks are pressurized to fund big corporates by cunning politicians in power, it is not hard to assume that once the size of banks becomes big, the demand of credit will also be of same proportions. If such was not the case, there would never have been any Vijay Mallya case. Given the cunning prudence of these politicians, quite possibly the plan stated by them might be a proxy for covert corrupt practices and deals with corporates. Once merged, the Vijay Mallyas would not have to knock a dozen windows to avail bulky credits. They could dupe those large-sized jumbos one by one. This will be the biggest bane of mergers. Political interference in lending must go. The political announcement of bank loan waivers must stop. And until these concerns are not addressed, until zero political interference is not ensured, merger of banks would mean danger to the banking system and hence economy.3. Corporates are the biggest defaulters. Those defaulting must be punished. The names of such borrowers must be published and let people know who they are. Moreover the general public should stop using their products and services so as to make them learn a lesson that defaulting on peoples' money (in the form of Credit from PSBs) would result in complete boycott of their business. Unless they learn some stern lessons, they won't mend their ways.Given the reasons above, the merger of banks except SBI must stop and the concerns raised must be adequately addressed.[The views expressed in the article are entirely personal.]

Out of 50 reasons given here ,not even a single reason is agreed as correct .Instead it is substantiated here with due links everywhere ,why people shud vote for BJP in 2019 Lok Sabha Elections to complete the transformational agenda it has embarked upon.Fuel price hikes: All are aware that till date petrol and Diesel are not brought under GST by the GST council with all the states as members.Why not even a single state proposed in the council meetings to bring them in GST ???? Why even opposition ruled states are keeping mum?? Bcoz all the states get bulk of the taxes on diesel and petrol amount .so they don't want fuels in GST. That is why prices are high. Also India is running a very high current account deficit ( deficit in net dollars going out of the country for excessive imports) ) of Current account deficit for 2017-18 widens as trade deficit rises The deficit is $160 billion = Rs 11,20,000 crores .Can somebody tell where can we get this big amount that too in foreign exchange dollars only ??? You are aware that all crude petroleum has to be bought in dollars only ??? Suppose petrol and Diesel are made cheaper all our FE reserves will be wiped off..So fuels at higher prices is justified to discourage it's use.Govt repaid over Rs 2 lakh cr on account of oil bonds taken: Pradhan UPA govt had issued bonds to subsidise the diesel and petrol sales inn2012,2013,and 2014 which had to be repaid by present govt with interest Dharmendra Pradhan confirms.India Total External Debt | 1999-2018 | Data | Chart | Calendar | Forecast total external debt if India is over $523696 million for which India has to pay principal and interest every year in dollars .where are the dollars / money to repay ?????LPG costing RS 800 now and in 2014 it was half the price : Phasing out of all petroleum subsidies was a decision taken during UPA rulehttps://www.business-standard.com/article/economy-policy/india-saved-15-billion-on-energy-subsidies-in-past-two-years-report-117120100578_1.html Budget 2018: Petroleum subsidy could fall short; upstream firms may have to bear burden - ET EnergyWorld and this decision was taken by G 20 nations for all to follow to ensure sustainability and reduced pollutions.And the subsidy money was used to issue 10 crores free LPG connections to poor people.PM Modi: 10 crore LPG connections given in 4 years against 13 crore in 6 decades - Times of India It is clear govt has no money to subsidise petroleum products.Rupee fall : Rupee fall is due to uncertainies of trade wars started by Trump with all nations India included.( By imposing additional tariffs on Indian goods) and also becoz our current account deficit is bulging beyond Rs11,20,000 crores a year mainly due to increase in petroleum imports increasing every year.India’s oil import bill swells 49 per cent to $115 billion in May - ET EnergyWorld if this is the case can someone provide foreign exchange??that too in this huge amount every month ????Railway fares increases:-Finance ministry okays LIC’s Rs 1.5 lakh crore funding of Indian Railways Railways have taken Rs 150,000 crores loan from LIC now and will be taking up to Rs 10,00,000 crores from LIC in next 5 years as told by Railway Minister Piyush goel.Can some body how to repay these loans required for modernization, total electrification , introduction of high speed trains ,and other investments ?????our Railways are working inefficiently ( energy wise, cost wise both) shud have been modernised long ago .why not done by earlier govts ????Demonetization returned 99.3 % notes back.100 people died in que.:-With 99.49 lakh new tax filers, income tax returns surge 26% in 2017-18 Over 1 crore new income tax payers filed the returns.Direct tax collections rose by RS 170,000 crores post demonetization..Is it negligible ???? Death in any tragedy is unfortunate and not to be made undue politicial issue of.1984 anti-Sikh riots - Wikipedia over 8000 innocent sikhs were killed in 1984 in riots ( burnt alive ).Rajiv kept silent.didnot deploy army .Not even one is punished even till date .most accused have died already.Any thing to do with BJP ???Modi said he is ready for any punishment if demonetization failed : The gross increase in direct tax collections by RS 170,000 crores ( link given above in 5 ) is the proof it has succeeded..So no need to punish Modi..Communal polarisation:- The communal polarisation started in 1990 when V.P.Singh started implementation of Mandal commission report and Mulayam Singh,Mayawati,Mamata Banerjee ,Lalu Yadav etc like ones formed community and caste based parties and started forming govts and started giving jobs ,govt contracts, and cash to thier clans and partymen only and India's progress went backwards by 30 years as compared to China ,South Korea,second world war victims Germany and Japan.Why this issue was not raised then with them ???Why is it raised now ???are these caste based parties going to dissolve thier parties now ???China's Comment Entirely Correct - India Is Some 13 Years Behind China the 13 years is only regarding starting reforms .not about overall development which India is 30 years behind .Railways increase freight rates by 10% :https://www.financialexpress.com/infrastructure/railways/indian-railways-sets-new-record-in-freight-business-transports-1160-million-tonnes-in-fy18/1118672/lite/#referrer=https://www.google.com&amp_tf=From%20%251%24s Railways always subsidise long distance passenger travel , subsidise suburban travels etc with freight earnings.On top India has to introduce high speed freight trains ,modernisation , total electrification of Railways ,etc where will be the money come from ???Railways looking to double speed of freight, passenger trains2% drop in GDP due to demonetization: Please see point 5 above which confirmes annual increase in direct taxes by RS 170,000 crores in one year .So for this huge gain little pain is ok isn't it ???by the way Jat reservation agitationIndustry takes a $3 billion hit as Haryana’s well-off Jats play violent caste politics takes hit of $ 3 billion .cud anybody help it ???Black money in 100 days :Black money: Swiss parliamentary panel approves automatic information exchange with Indiahttps://www.thehindu.com/news/national/black-money-list-probe-new-names-too-says-sit-chief/article6875450.ece SIT headed by Justice M B Shah was formed in 2014 and now prosecution of illegal 628 accounts is in progress and many have paid penalties on illegal accounts .2′ Crores jobs in a year :11 crore people benefited from Mudra scheme: PM Modi - Times of India Modi confirms 11 crore people benefeited by over 6.5 lakh crores mudra loans. Is it alright ???Rafale deal:France offers 25% discount to India on purchase of 36 Rafale jets View: The plane truth about Rafale deal is so hard to see? Economic times dt 15-2-2018 analysis clearly comes to the conclusion that Qatar paid $ 292 million each without offset clause ,Egypt paid $246:million each, India paid $243 million with 50% offset.,extended maintenance warranty, trainings ,spares, base and Depot spares ,etc including..So where is the extra payment ???? .infact India got it cheapest of all.The worst defence minister ever: AK Antony's tenure, the longest for a defence minister, has seen scams, crises, unpreparedness but please don't consider offers of 2007 ,when Antony ruined the Defence preparedness of India by not taking any decisions at all when things are so critical as we have two adversaries pakistan and China .Above links confirms HAL' s mandays of labour is 2.7 times that of Rafale ,so cudnot be considered by Rafale for offset work being so inefficient ..No foreign company wants to burn thier cash with HAL like ineffecient company.If they tie up with a private party who can work efficiently what is wrong ????If you own Rafael what wud you do ??Patanjali got lands worth 268 crores for just 68 crores:This case is going on in high court .if it is wrong it will be cancelled by court..it was for producing herbal products in competetion to HLL,PG like multinationals.National Herald case: Here's how much Associated Journals' seven properties worthhttps://m.economictimes.com/news/politics-and-nation/was-land-allotted-to-patanjali-at-a-throwaway-price-asks-bombay-high-court/amp_articleshow/58536943.cms but did it ever strike you that “ National Herald" defunct newspaper has got several lands worth over Rs 5000 crores from various state govts ,under Sonia Gandhi family control .Did you rver question that ?? Out of which one Bandra Mumbai land is worth over Rs 300 crores ???? Why a defunct newspaper requires lands worth over Rs 5000 crores ???did anyone question the state govts who allotted lands ????Rs 2.5 lakh crores loan waived :Govt has written off Rs 2.4 lakh crore bad loans in three years, govt tells parliament these are loans written off by banks.Now that Rajan ex RBI Governor' clarified these shady loans originated in 2006–08 UPA rule and he had asked Prime Minister Man Mohan Singh Sent list of high-profile fraud cases to PMO, not aware of progress: Raghuram Rajaninvestigate ,but he didn't not.why ????.Rajan traces NPA mess to banks’ excesses in 2006-08 ..?????So who is the culprit ????Farmers Suicides up by 40% :-Swaminathan Report: National Commission on Farmers the committee report by great agricultural scientist M S Swaminathan submitted in 2006 was mothballed by UPA govt.Now Modi has acted on it for increased minimum support pricesExplained: The increase in minimum support prices for 14 crops and what it means for farmersto most crops. Why UPA slept over the report ????for 10 years ????is it not criminal delay on UPA part ????GST mismanagement:-https://www.firstpost.com/business/one-year-of-gst-indirect-tax-regime-is-a-great-success-has-led-to-growth-in-gdp-says-adi-godrej-4627391.html don't believe anyone's statement.Take it from Indutrialist Adi Godrej that GST is a great success and it has led to GDP increase too..So where is the problem????where is mismanagement ????Who is saying that ????Banks lost 44,000 crores last quarter: Q4 earnings review: Public Sector Banks’ Lose More Than Rs 50,000 Crore In Q4 vide point 14 Rajan made it clear UPA was responsibile for NPA mess and not investigated even after PM Singh was asked by Rajan .why ??? Also why Insolvency and Bankruptcy code which is realising excellent results now in encashing NPAs ,was not brought by UPA in 10 years ( more so not brought in last 65 years )????but Modi govt brought in 2017 ????Insolvency and Bankruptcy Code, 2016 - WikipediaTax of 200% and 400% on petrol and Diesel : Replied in details vide above items 1 and others of sustainablity ,pollution reduction, paucity of foreign exchange etc.and for closing down all fossil fuels vehicles is a international decision of all nations in Paris .List of countries banning fossil fuel vehicles - Wikipedia,bulk of which goes to state govts..so even opposition ruled states keeping quiet in GST council meetings on diesel and petrol taxes ????Agricultural sector growth 2%:-India's agriculture growth slips to 4.5% in Q4 on higher base 2% is incorrect statement.last quarter it was 4.5% .bcoz there was no implementation of Swaminathan committee report for over 10 years ,inspite of bumper harvests farmers didn't get good prices .hence it was 4.5% .Now onwords it will improve .Agricultural exports down by $9 billions:Agriculture exports decline to $33.87 billion in FY17 it is due low international prices our exports are not competetive Nirmala sitaraman confirms.india doesnot have control on global markets .191 soldiers dead :3 years of Modi govt: Terrorism claims more lives in Kashmir, situation mixed in Northeast that is bcoz govt is particular on controlling law and order with an iron hand else Taj and Oberio hotel like incidents will claim 175 deaths and 600 injuries in just 3 days2008 Mumbai attacks - Wikipedia during UPA rule .An intelligence failure of govt.Kashmir terrorist activity up by 43% : one can't analyse Kashmir in piece meal.seen in totality from 1989 to till date over 4500 security forces have died ,and 21,000 terrorists are killed .Insurgency in Jammu and Kashmir - Wikipedia.Oxford university has made an analysis which points to denial of democracy in Kashmir by successive govts .The Rise and Fall of Democracy in Jammu and KashmirCivilians killed up by 37% : it is not a bank ' s balance sheet or profit and loss account to analyse by quarters and percentages. .Insurgency in Jammu and Kashmir - Wikipedia The mess created during Rajiv Gandhi rule is still going on.How The 1987 Elections Shook The Faith Of The Kashmiri People In Indian Democracy | Youth Ki Awaaz denial of democracy for decades has fuelled Kashmir militancy by Congress govts in last 70 years.Bangladesh given 1000 acres Indian lands and India got 500 acres land in return:India Bangladesh Land Swap: All you need to know about the deal Totally incorrect statement.India handed over 7110 acres land to Bangladesh and got in return 17160 acres.Quora editor request moderation of such wrong questions with wrong figures.NPA shooting from 2 lakh crores to 10 lakh crores.Rajan traces NPA mess to banks’ excesses in 2006-08 RBI ex governor confirmed NPA mess originated in 2006–2008 UPA rule and his request to PMO to investigate went unheeded by Manmohan Singh.Sent list of high-profile fraud cases to PMO, not aware of progress: Raghuram RajanNirav.Modi,Choksi ,Mallya escape.:Insolvency and Bankruptcy Code, 2016 - Wikipedia this code was brought by NDA govt in 2016 for the first time in 2016 .Why last 68 years the Congress govts didn't bring it( which was prevailing in developed countries) ?? Knowing fully well that this code can encash all NPAs quickly before any one flies away.??? Why UPA govts went on debt restructuring, strategic debt restructuring,S4A restructuring and went on giving loans to Corporates in thousands of crores ???RBI junks all old debt restructuring schemes - Times of India.Earlier govts UPA went on giving debt restructuring several times to these culprits and lack of IBC enabled them escape.Nirav,mehul,Mallya escape : covered in above 26.Swiss bank deposits up by 50%:Money of Indians in Swiss Banks jumps 50% after decline for three years Now Indian govt has signed MOU with Swiss authorities for automatic exchange of information on Indian deposits effective from Sept 2018.Why such agreements not signed by earlier congress / UPA govts in 70 years ??? Can Congress explain this ????India moved from 119 th rank to 100 the rank in poverty index: Kerala ,TN ahead .:-India’s global poverty rank improves - Totally incorrect question .Quora Editor please moderate / correct misleading questions : As of May 2018 India has risen to 26 th rank from 54 th rank out of 102 developing countries. Kerala gets all it's riches from the bulk of population working in foreign countries.they send billions every month home . TN is ahead bcoz these two dravidian parties are very efficient in attracting all kinds of foreign and Indian investments by magnetising the investors with very cheap land and dictatorial decision making in all matters ,(so little collection for party funds corruption no industrialists wud mind.)Whereas Bihar like place Lalu' s jungle Raj supported by Congress there was not even Law and Order hence poverty is maximum..By the way in last 71 years it was all Congress dominating the National Scenario..So this question can't be put to BJP.Congress institutionalised corruption durung indira Gandhi s rule and indias went 30 years backwards in progress (unlike Tamilnadu politicians .)Cow ambulance:Blues and moos: Indian state launches cow ambulance service the five ambulances are launched by NGO. Cow holds a special place in Hindu culture .So let any NGO launch even goat ambulance, hen ambulance,cat ambulance it is not by govt funds. So how does it merit discussions ???Lynching:6 worst communal riots under UPA government Few riots under UPA rule in which several hundreds died are to be debated alongside lynching deaths in NDA rule for a fair comparison .then comparing will be just .what are the total deaths in these riots ???? It is over 353 deaths .are they not lynchings ??? I wud add one more of olden days 10000 deaths of Muslims in one day in Assam under Congress rule when Indira was PM and Hiteshwar Saikia was Congress Chief Minister .Nellie massacre - Wikipedia were they not wirse than lynchings ???List of Chief Ministers of AssamAllanson beef exporter award: India's Biggest Buff Meat Exporter Gets Govt Award for 'Outstanding Performance' he is top buffalo meat exporter.Govt is not prohibiting buffalo meat exports..So what is the issue here ????how BJP is involved ???Beef controversy : several BJP state govts have banned cow meat only. bcoz Hindus respect the Vedic cows to be treated with respect.Faith can't be questioned. Buffalo meet is not banned . I am a pure vegetarian .But don't like others killing animals .I feel it is a violence on innocent helpful animals.Now laboratory meat is discovered which in due course might stop all killings for meat .Sacred cow - Simple English Wikipedia, the free encyclopedia,suggest listen to Philip wollens speech against killing animals which proves meat eating is neither good for the planet nor for animals .Violence on others is not felt by us unless we are the victims.Malegaon blasts witness goes missing ,Maya kodnani made minister in Gujarat:;Malegaon blast witnesses’ confessional statements go ‘missing’ incorrect statement Quora Editor please take corrective actions .It is “statement of witnesses goes missing “.Statements of court witnesses is maintained byc courts snd not by BJP.How Maya Kodnani was convicted and sentenced to 28 years in prison, before being exonerated Quora Editor once again request take note misleading question : Maya kodnani was minister in 2007 was sentenced by trial court then aquitted by High court recently.She was not made minister after exoneration in 2018.Former state minister Maya Kodnani cleared of involvement in Gujarat riots if anyone is feeling it is wrong they can move supreme Court on a PIL like Teesta setlvad .BJP not connected .Nepal maithri : 6000 crores to Nepal and 600 crores to kerala'.rejection of foreign help .PM Modi Announces US $1 Billion Concessional Line of Credit to Nepal this help by way of line of credit is for development of highways connecting India ,power transmission systems between Nepal and India ( as Nepal has plenty of hydraulic energy potential unexplored) will help and forge stronger ties with India in long run which is necessary since China is advancing much more than India to pocket Nepal against India influence.India and China keep the West out in Nepal Indian govt not accepting foreign help for Kerala floods is a policy decision which UPA also followed.Why India is refusing foreign aid for flooded Kerala so not to allow Nepal into China's lap is our duty to safeguard our security interests.Price rise high :Historic inflation India – historic CPI inflation India just examine the link as well as Consumer price index for years .it is 2014–6.3%, 2015–5.88% ,. 2016- 4.97% ,2017- 2.49%, 2018- 4.53% .if you see the graph also it shows inflation going down in spikes but better than what it was earlier. So which price rise you are talking about??? Fuel price rise can't be and shudnot be reduced for our own security esp when US adminstration gripped with trade wars , disengaging with WTO, abrogation of all treaties with all nations ,and also to discourage fossil fuel uses ,and for foreign exchange paucity ,and to stabilize falling Rupee due to imbalance in current account deficit etc .Quora Editor may please note question is incorrect .Even homeloan rates are at thier minimal in last 4 years as compared to earlier rates.Ganga rejuvenation ;Rajiv Gandhi ' s Congress govt started Ganga rejuvenation in 1986 .why till 2014 govts cudnot complete it ??Clean the Ganga: Over Rs 4,800 crore spent since 1986, govt tells NGT even after spending 4800 crores in 33 years ????‘70% of Ganga will be cleaned by May 2019’ what previous govts cudnot do in 33 years BJP govt has to do in 33 months ????is it fair to expect it ??? Ganga flows in 11 states for 2525 kms long ,and dumped with 2000 million litres sewage every day , dumped with dead bodies, toxic indutrial effluents,excreta etc all along .So it is not an easy job.But since Modi govt has delivered on each and every front we can be sure they will complete this task albeit little late (,but not 33 years .)and also bcoz nearly Rs 20,000 crores are allocated for it.Varanasi most polluted city:-14 out of world’s 20 most polluted cities in India, says WHO; Delhi, Varanasi on list Delhi and Varanasi are most polluted cities out of 20 . Did it happen in BJP' s 4 years rule ???? No. Then well what steps previous govts have taken in last 66 years to reduce pollution and make these all 20 cities as cleanest cities.??? Most of it happens due to farm waste stubble burning by farmers.Tackling pollution from stubble burning in India in addition to use of fossil fuels ,vehicles ,cooking by farm waste etc.Modi govts main intentions of giving free gas to BPL families is to enable them switchover to cleaner fuels that wud save them.labour,time, expenditure and purification of atmosphere.That is also the reason for keeping petrol,diesel.prices high.PM Modi: 10 crore LPG connections given in 4 years against 13 crore in 6 decades - Times of IndiaBut what were the steps initiated by UPA on reducing pollutions.,???Jay Amit shah' s turnover jumps 16000 times i.e from Rs 50,000 to Rs 80.5 crores( not profits) in 2015 .Next year it goes into loss. It appears jay is dabbling in golden Touch of Jay Amit Shah in import and export of agricultural commodities, share market, wind power generation, etc..it is not unusual for an influential persons son to get some unsecured loans and making lots of money.Gujaratis and Rajasthanis are good in money multiplications,trading, speculation activities etc.. We have seen Sonia Gandhi family owning and lands getting allotted worth RS 5000 crores by govts for a defunct newspaper ' National Herald '.we have seen Mulayam , Gowdas, Lalu Prasad yadav,Tejaswi yadav ,Mayawati ' s brother ,Jayalalita ,Dinakaran, Shashikala, Akhilesh,Mamata' Banerjee' s assocites, Robert Vadra ,each one running in thousands of crores.Even Karnataka ' s one minister who was a goon before entry into politics now officially has Rs813 crores,.When such is the case can not a qualified person like Jay Shah get some loans from friends and start share market trading , investments,by portfolio management etc,can he not make some money ???? Is he related to duping the banks by thousands of crores as NPAs ,then hang him .???? Was he a minister ???? Nothing .Has he out state govt into losses ??? No .Then what is so great about it ???Radhakishan Damani biography and his success story - OurStockPick Radhakrishnan Damani a middle class person not even a graduate is today worth Rs 65,000 crores.Rakesh junjunwala Rakesh Jhunjhunwala - Wikipedia is worth today over Rs 23,000 crores all by share trading .So why shud we grudge Jay Shah his business , trading whatever it is ???as long he is not duping of public money ????Allahabad bank received Rs750crores during first five days of demonetization; wrong question dear quora editor .PL correct it shud be Ahmedabad dist Coop bank.Glare on DeMo stash in bank linked to ShahAll persons who have deposited more than Rs 2 to 2.5 lakhs have got enquires from income tax Dept.Just bcoz Shah is director doesn't mean all money belongs to him.Law will take it's own course.why does it need a debate here ??Robert Vadra's wealth grew from Rs 50 lakh to over Rs 300 crore in three years, Kejriwal says - Times of India did anyone pursue Vadra??? Even Modi govt is not pursuing cases against him else he wud have been in jail long ago.Nabard days people who have deposited over Rs2.5 lakhs are only 0.09% . Made more than Rs 2.5 lakh legitimate deposit but afraid of taxman? Here's what you need to do It is not Nabard' s business .Income tax Dept will scrutinize all such transactions.Amit shah' asssets were Rs 1.9 crores in. 2012.But 20 crores in 2015.As BJP Explains Amit Shah's Asset Increase, Questions on Deleted News Reports Remain BJP has explained that increase in asset value is due to appreciation and by receipt of ancestral properties after death of his mother in 2013. How anyone is concerned ???Make in India Meet The Man Who Designed The Make In India Logo the logo was not made by any foreign company.But by Indian named Sunil working for Piyush pandey ' s Ogilvy advertising company.Make in India: L&T outguns global rivals to bag Rs 5,000-crore Indian Army deal ,, Make in India: Boeing announces partnership with HAL, Mahindra Defence,,,,,Make In India 'Defence Deal': Godrej ahead of others,,,,Bharat Forge throws its weight behind ‘Make in India’ ,,,above shows make in India has really taken off engaging India's Engg Giants in making Defence hardware and saving foreign exchange.Anything wrong ?????What is there wrong in it ????Did this happen in UPA rule ????Why ????Modi' s and Manmohan Singh' s foreign tours expenses:-Modi's foreign visits: A look at the PM's travel patterns and expenses It says Modi's expenses were Rs 1484 crores for 84 countries .Singh' s expenses were Rs 642 crores for 9 years and Rs699 crores for 10 years.https://factly.in/manmohan-singh-spent-699-crores-in-10-years-vajpayee-spent-144-crores-in-5-years-on-foreign-visits/ it also says the expenses doesn't include accommodation and other things.The report also silent on the fact Manmohan Singh was always escorted by media personnel in several dozens in every foreign tour and Modi never took any nongovt media personnel alongwith him.This media army' s expenditure nobody has sought from RTI ,which cud be over Rs 1000 crores or more even.But with Modi' s foreign visits there was a marked improvement of FDI received.India attracts $209 bn FDI during Apr 2014 to Dec 2017,,,,https://community.data.gov.in/total-foreign-direct-investment-equity-inflows-from-2000-01-to-2016-17/,,, which shows FDI till March 2014 was $ 24 billion a year ,but shot up to $ 209 billion in April 2014 to Decide 2017 ( in 45;months ) .So Modi' s foreign trips have immensely benefeited India in investments that too in a recessionary global atmosphere. .Modi also saved on tremendous expenditure being made on media personnel accompanying the Prime Minister for last 54 years which is not quantified.Why PM Narendra Modi is not taking journalists on board Air India One - FirstpostGST highest in the world: Lots of developmental activities require lots of money.All the time pressure is there on central govt for additional unforseen calamity and other problems.Anyway GST council which involves reps from all states that includes all opposition ruled states also can take a call to reduce them .So far council has been very responsive to demands from industry and trade on reduction of GST selectively.But non BJP states have not sought reduced GST to be drastically reduced on all items in council meetings.The overall goal is to have the GST collections to be not less than preGST level of collections of taxes for both states and centre. That is fulfilled..So where is the problem,,????BJP is not responsible for GST rates.State council is empowered to reduce GST.Not central govt .Aadhar link for everything violates right of Privacy: Supreme Court will deliver it's judgement in next 10 days dismissing govts insistence on linking all transactions to Aadhar .So our right of privacy is untouched.Supreme Court judge calls Aadhaar ‘serious issue’; verdict reservedplease wait and see.Modi opposing FDI in 2012 and now supporting 100% FDI in 2016: whole life is a learning process dear all.With proper exposure and knowledge our opinion about anything keeps evolving for the better.Nothing wrong in it.Nobody is a born genius including Modi.dear all.How many days did PM Narendra Modi waste on making fitness video, asks Congress leader Sanjay Nirupam Modi spent only 19 days in parliament .Nirupam started his career in shiv Sena and one fine morning he develops differences with Bal Thackery and joins congress.and becomes bombay Congress chief ..so I haven't understood it.Any other link I cud not get in confirmation of above Nirupam' s statements.Anyway even if Modi is not there in parliament his cabinet ministers are available all the time in a parliament sessions..it is okay. Will someone forward me the link supporting Nirupam' s claims ????to analyse ,????To make a fitness video Modi or anyone doesnot require more than few hours as they are exercising regularly.Modi said criminals will be purged out of politics :Supreme Court exerts moral pressure on PM and CMs to purge history sheeters from ministries Modi had proposed fast track courts for criminals in parliament . but supreme Court rejected it.Since all parties have criminal connections they don't want to push any special bill for it..So what Modi alone can do ???may be next term he will act in it if he gets a thumping majority.Kerala and TN best in development: BJP never had any significant presence in Kerala and TN ever. Kerala's development is good since bulk of the keralites are abroad keep sending lots of money home regularly..TN is very good in attracting all Indian and foreign investments by giving them cheap lands and all other facilities and taking petsonal interest in solving investors problems .So most investors are keen to invest in TN .And also the great legendary late Kamraj Nadar had put a very good social foundation for TN long ago .So TN has best development.whereas other state politicians like Bihar ,UP etc are not like TN Politicians who make money as well as ensure alround state development also unlike Bihar ,UP politicians ( pre Nitish ,pre Yogi times) the results are visible for everyone to see.Since BJP never had any sizeable presence in these states what way BJP is concerned ????.So with the above all 50 questions are satisfactorily answered as to why we shud vote for BJP in LokSabha Elections.