My views on recent violence

We have a state where people just believe in violence and not even fear of their life. Their expectation from people of mainland India is to support them for uncalled protests and violence. First they kill their own people (kashmirie pundits) and force them to flee and become refugee in their own country, then demand for army withdrawal. When army is withdrawn, they start having problem with para military and latest with their own police and state Govt. Till now no one from us understood what do they want? The message coming from Vally is that people only believe in violence.

They flee away Hindu's from the state, want none of Indian law to be applied to them, throw stones at forces and then they expect that we should maintain calm and come forward for dialogues.

I believe that at least they should take names. At least take names against whom you are protesting, give specific demands what you want instead of just holding rallies and destroying public property. Every home has problems and life in Pakistan is no better than here.

Kashmir is such a beautiful place, the main source of income here is tourism. With such kind of acts and disturbance so often you can't complain later on that tourists are not coming in the seasons. These things have long lasting effects.

My only question, why only such trouble is in Kashmir and not in any other state of India.

Please live peacefully, Kashmir is such a pleasing place.

Regularisation of contractual employees challenged

Chennai, Aug 2 2010 (PTI): The State Bank of India's move to regularise the services of nearly 7000 persons appointed on contract basis was challenged in the Madras High Court today. When a writ petition in the matter came up before Justice V Ramasubramanian, he ordered that the matter be adjourned to August 4, subject to the outcome of the petition. In his petition, B Jayakumar of Coimbatore submitted he was a B.E.(Mechanical) graduate and was appointed as Customer Relationship Associate in clerical cadre in SBI in March 2008 in pursuance of a May 2007 notification and after an exam. He had put in more than two years of service in the management and was eligible for promotion as Trainee Officer.He also had the requisite qualification. The petitioner said SBI sought to absorb those appointed on contract to Junior Management Grade Scale (JMGS)-1, overlooking eligibility of persons like him. Jayakumar pointed out that the Supreme Court had time and again held that backdoor entry into any service was liable to be prohibited. He said SBI started recruiting employees directly to marketing and recovery sections in 2004 on the basis of special contract service rules.The bank's present action would affect promotion prospects of clerical staff recruited after five-level selection processes, whereas contract staff were hired merely through an interview, he said. The petitioner said the bank's action was tainted with malafide.

India says no to Banking Sector Tax on a commoan man

India has not agreed to a “one size fits all” solution in the European Union Plan of taxing banks and has emphasized that such a tax is not appropriate for India, even though it may be appropriate for other countries e.g. in some European countries.
In the G20 meetings, India did not agree to the banking sector tax in India as our banks are strongly regulated, we did not have to bail out our banks using tax payers’ money during the recent financial and economic crisis, and we already have other measures such as a statutory liquidity ratio (SLR) and the cash reserve ratio (CRR) that impose costs on the financial sector. We have emphasized that we will persevere with a path of financial sector reforms to support rapid and inclusive growth in the real economy, and also increase systemic stability in the financial sector.


Several other countries inter-alia including Australia, Canada, and Brazil also held the view that “one size fits all” cannot be the solution. The G-20 finally agreed on the principle that tax payers should not pay for the cost of rescue offinancial sector . However, it also agreed that there are a range of policy options to achieve that and the exact mechanism should be based on country circumstances.


This information was given by Minister of State for Finance, Shri Namo Narain Meena in a written reply to a Question in Lok Sabha today