To realise the developed India by 2020

Wednesday, September 27, 2017

SBI not credited 534 crores of interest subsidy to Education Loan borrowers, after receiving from Government - Needs CBI enquiry



26 Sep 2017

This is the mail sent to Central Vigilance commissioner, Delhi under copy to Ministry of Finance and Ministry of Human Resources Development.  

Dear Sirs

During the 7 years period between 2009 and 2016, State Bank of India has not credited Rs.534 crores of Education Loan Interest Subsidy received from Government of India, to the eligible student borrowers.  They have denied legitimate subsidy to eligible poor students.  It is also understood that SBI has not returned the amount to the Government also.  If this happens at individual level, this will be called 'misappropriation' leading to criminal offense.

Times of India, Chennai edition has carried a front page story on 24th September 2017.  We attach herewith the pdf version of the story.  The story can be read in the following link also.


This is only a tip of the iceberg.  There may be similar 'misappropriations' in other banks also denying legitimate subsidy to eligible poor education loan borrowers.   In view of this, Education Loan Task Force (ELTF) requests Central Vigilance Commissioner (CVC) and Ministry of HRD to consider the following:

1.  CBI enquiry may be ordered to investigate as to why State Bank of India did not credit the eligible subsidy to the borrowers over a period of 7 years and how the money was appropriated. The Senior Executives responsible for such lapses should be prosecuted for misappropriating the Subsidy amount. 

2.  Investigate all the Banks for such lapses to find out whether the entire subsidy amount received from the Government is credited to the beneficiaries.

3.  CAG may be requested to audit all the interest subsidy accounts of all the borrowers in the banks and suitable action may be initiated against the officials for any lapses. (CAG has authority to audit any institution which receives Subsidy from the State or Central Government)

Yours faithfully

K. Srinivasan
Convenor, ELTF


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Sunday, September 17, 2017

[India_Vision_2020] A quick survey on Modi Sarkar - 40 months of Governance

 

Hi

Today Shri Narendra Modi, our Prime Minister is celebrating his 67th birthday.  On behalf of Editorial Team of eMagazine PreSense, we wish him a long and healthy life to sere the nation.

Shri Narendra Modi took charge as Prime Minister of India on 26th May 2014.  With this month, he has completed 40 months of governance.  He is completing two-third of his term.  With 20 more months to go for Modi Sarkar, PreSense plans to carry a special article in the September 2017 issue covering the positive and negative aspects of his governance.

We have created a quick survey format in the following link.  We request you to kindly share your views frankly and in a balanced manner.  Even Modi Bhakthas and Modi haters can share their views.  But we request them not to share extreme views.  We request only a balanced and frank assessment. 

We do not require your identify.  Only your views are important.  

Please click this link to give your views.  It may just take two to three minutes.

Please submit your views before Tuesday, the 19th September evening. 

The ezine PreSense with this special article will be released on 1st October 2017 and can be downloaded from www.corpezine.com.

Srinivasan
Editor in Chief
PreSense


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Friday, September 1, 2017

[India_Vision_2020] 126th (Aug 2017) edition of ezine PreSense: Editorial and Cover Story on Blue Whale Challenge + Performance of Members in Parliament + Legal remedies available for students and other consumers + Evolution of Advertising - Branding + Quit India Movement 1942 + many more [1 Attachment]

 
[Attachment(s) from Prime Point Srinivasan included below]

Hi

Editorial Team is pleased to release the 126th (August 2017) edition of ezine PreSense broadly with the following contents:

1. Editorial and Cover Story:  In viw of the recent, threat to our children by the 'Blue Whale Challenge suicide Game', this issue focusses on this important topic.  Susan Koshy, Editor has written the Editorial and V Rajendran, Editorial Team Member, has written the cover story.  Triambak Sharma has also added the importance by sending his cartoon on this theme.  

2.  Nation:  K. Srinivasan, Editor in Chief, writes on the performance of the Members in the Parliament till the end of Twelfth Session (Monsoon 2017).  He has also analysed how the various states, political parties and celebrities have performed in the Parliament.  

3.  Special aricle:  Jagannath Badrinath, Advocate explains as to how the students and other consumers can avail the legal remedies through District Consumer Forums.  

4.  Recently, the Nation celebrated the 75th Anniversary of Quit India Movement.  We reproduc the article authored by K. Srinivasan and published in August 2013 issue, for the benefit of youngsters.

5.  Sukruti Narayanan, Editorial Team writes on Evolution of Advertising - Branding

6.  Triambak's usual Prince cartoon on Blue Whale Challenge.

We are confident that you will find this ezine useful.  Please also share this ezine with your contacts.  The ezine may also be downloaded from the link.


Please share your feedback to editor@corpezine.com

K. Srinivasan
Editor in Chief
PreSense

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Please visit the website http://www.indiavision2020.org to read inspiring articles of eminent personalities

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