TIME FOR SERMON IS OVER !

NaMo’s problem ( #PNB  #NiravModi  #Fraud )

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And it is neither  NiMo , nor PNB  (  Punjab  National  Bank  )

It is NPB ( Non Performing Bankers ) masquerading  as NPA  (  Non Performing  Assets  )

That made the Government announce yesterday, the launch of NAFRA ( National Financial Regulatory Authority )

Will  NAFRA succeed where 16 existing agencies have miserably failed to catch the culprits for decades ?

https://myblogepage.blogspot.in/2018/02/too-many-cooks-spoil-broth.html

https://myblogepage.blogspot.in/2014/04/e-governance.html

When it comes to sacking non – performing employees , 50 million MSME have no problem

If an employee does not perform , his salary gets cut or he may even lose his job !

That ensures that not only must he report for work at 8 am every day ( come hell or hailstorm ) but he must deliver what is expected of him on that day

That made me suggest the following , 2 YEARS ago ( and sent as email to Cabinet Ministers ) :

It is no Rocket Science to extend the application of this  SIMPLE TECHNOLOGY  to bank loan defaulters !

By automatic freezing of personal bank accounts of ALL those who signed the loan document ( takers  &  givers ) , the moment any repayment instalment  becomes overdue by ONE DAY ?

And automatic / instant revoking of PASSPORT , without having to approach Supreme Court  ?

For detailed proposal , read :

 

NPA ? or is it NPB ?  [ 08 March 2016 ]

 

https://myblogepage.blogspot.in/2016/03/npa-or-is-it-npb.html

 

 

 

Dear Narendrabhai ,

 

During the past 4 years, you have managed to deliver unprecedented performance , by emulating those MSME

 

When it came to sacking “ Non Performing Ministers “ , you did not require the permission from the President or the Parliament or the Supreme Court  !

 

And since you had already warned them repeatedly ( Perform or Parish ) , you did not even give them a month’s notice !

 

Why not adopt the same practice in respect of MDs / CEOs of the Public Sector Banks – starting with “ you know who “ ?

 

People had enough of your speeches

 

And before they go to the polls , they are waiting for your actions  !

 

 

02 March 2018

www.hemenparekh.in / blogs