AGARTALA, Aug 8 (TIWN): Tripura CPI-M MP Jitendra Chaudhury during an intervetion in the Parliament raises question, why amid PM himslef being Chowkidar couldn’t introduce Lok Pal Bill ? The MP asked, when before the Election Modi talked on reducing corruption, but after the election various financial scams have been exposed.

“Prime Minister Modi’s another promise was “ NaKhaoonga Na KhaaneDoonga” and he himself declared that he is India’s self appointed Chowkidar. But under his Chowkidaari the diamond merchant Nirov Modi was allowed to flee from the country after defrauding the Public Sector Bank, Punjab National Bank of Rs. 13,000 crores. And there are many such in disguise. His silence on the Rafael Purchase Deal from France at higher price than what was originally agreed to by the previous Governments, before 2014. Modi-ji promised that after coming into power he would curb corruption, but though 4 years later has lapsed, he has still not appointed Lokpal”, said Jitendra Chaudhury.

“The BJP promised in 2014 that farmers would be provided with 50% profit above the cost of production, over and above MSP. This never materialized instead of this the loan waiver were promised that also not fulfilled and farmers suicides has increased by 42% since 2014. Floodgate has been opened up to give raw benefit in thousands of crores to the foreign Insurance Companies in the name of Pradhan Mantri Fasal Bhima Yojana”, he said.

“The loot of public money does not confine through banking frauds by Nirav Modi, Mehul Choksi and Vijay Mallya only, there are systematic loot in other route too. There is massive loot of public money by certain corporate houses. In addition to over 2.50 lakhs crores waiving off defaulting corporate from Public Sector Banks in the first three years of this Government. It is reported that an additional Rs. 1,44,993 crores were written off during current year. The Governor of RBI has now stated that the RBI is not equipped to monitor the over 16 lakhs Branches of the Banks all across the country. This is a very serious and most alarming issue before the nation today”, he said.

“The Central Government must strengthen RBI to discharge constitutional responsibility. It is clear that in the four years of existing Government, there is massive loot of peoples’ money and perpetrators are allowed to leave the country and Government remain virtually a spectator. Our Chowkidar is in deep sleep!”

Jiten Choudhury raised another issue saying, Government is slowly killing all the profit making PSUs and Financial Institutions. LIC is the repository of people’s savings in the form of insurance policies. Crores of middle class and poor families sweats are involved there in. Using this capital to bailout the worst defaulter bank is tantamounting to public loot of people’s savings. This is crony capitalism of the worst kind, the rich can loot and scoot but the common Indian will pay back their loans from their savings. The regulatory mechanism is being destroyed by this Government to protect the rich defaulters from repaying loans.

Price rise continues to remain relentless with all food articles costing much more, severely condemning the livelihood of vast majority in our population. This is a matter of serious concern and hence needs urgent measures to be under taken, but Government is moving towards the reverse direction by dismantling the PDS.