860 No need to break one's own head, or break others' heads for two hours everyday!

How can we distinguish between Mr. Narendra Modi, the Prime Minister of India, and Shri Nara Chandra Babu Naidu, Chief Minister of Residual Andhra Pradesh? Both claim that they are great hard workers. Both claim that they are incorrupt. Both dress immaculately. Both claim that they are great innovators. We can find, probably three differences:- 1. Mr. Modi claims that he has a 56" chest. Mr. Naidu does not make any such claims. 2. Mr. Modi does not blacken his hair. Mr. Naidu darkens his hair, but leaves his trimmed beard gray. 3. Mr. Modi rarely dos a volta facie. Mr. Chandra Babu Naidu does not mind doing a volta facie.

Shri Amit Shah, BJP All India President, has already confirmed that Mr. Modi will never take back his decision.

"... This is not a Manmohan Singh government... this is a Narendra Modi government and once he takes a decision, there’s no going back on it. ..."

"... The MPs should instead of complaining, they should convince their voters about the merits of demonetisation. ..."

Here is a link from Huffingtonpost, which shows the volta facie of Mr. Chandra Babu Naidu: Click here to go to HuffingtonPost.in, article "Andhra Pradesh CM Chandra Babu Naidu says, he's breaking his head.".

"...Demonetisation was not our wish but it happened. More than 40 days after demonetisation, there are still a lot of problems but yet there appears to be no solution..."

"Banks are not prepared for a transition to digital economy. They are unable to even register banking correspondents. ..."

"I am spending 2 hours a day to ease the problems caused by demonetisation. I am breaking my head daily but we are unable to find a solution."

Mr. Chandra Babu Naidu, wrote to Prime Minister, advising him to demonetize,-- on 12th October 2016. Mr. Narendra Modi fulfilled the wish of Mr. Chandra Babu Naidu on 8th Nov. 2016.

ON 9th Nov. 2016, Telugu Desam Party claimed "Victory for Chandra Babu Naidu over corruption".

yb-a-donkey's humble submission, not intended to bind others

There is no need break one's own head. Nor, there is a need to break others' heads everyday, conducting Review meetings, as if Bankers have no work, except attending Review Meetings.

Bankers are not fools. The problem with our beloved Prime Minister and Chief Ministers, is, they think otherwise i.e. Bankers are fools. Bankers bow and kneel to everything to PM and CMs say because the Bankers do not want to be ridiculed in Open Meetings. It is the failure of PM and CMs to utilise the creative capabilities of Bankers in a non-tyrannical non-despotic manner, by encouraging participative management.

ONE TEMPORARY, TENTATIVE, PROVISIONAL LOCAL SOLUTION for currency crisis

Mr. Chandra Babu Naidu is already exceedingly unhappy with Banks , particularly Public Sector Banks in Andhra Pradesh. They did not, in his view, co-operate with him in debt relief promised by him to AP farmers. They did not, in his view, take up tenant-financing on a very large scale. Now, they are not confiscating pos machines with merchants, and redistributing them to others, instantaneously.

Andhra Pradesh can make an SOS application to RBI through GOI, for establishing its own Bank, with say Rs. 1 billion as State Government's Capital. AP Government can everyday issue Usance Promissory Notes payable to bearer on the first of every month. They should have a validity of one month (or say max. three months). They should be valid only in the District of issue.

Alternatively, A.P. Govt's new Bank can issue post-dated cheques payable on first of every month. Once they are endorsed BLANK on the reverse by the payees (employees, pensioners, contractors, suppliers, etc.), they become payable to bearers. That means, they can be circulated just by delivery. They will become as good as currency notes. Only hitch will be: People should have trust on the State Government and its Bank. These also should be marked valid for one month (or three months) only. Circulation jurisdiction should also be made limited to one or two districts. Sub-Treasuries can also be authorised to issue this type of cheques payable at the new Bank.

Demand Promissory Notes payable to bearer become currency notes. They can be issued only RBI. Andhra Pradesh Government can also get this power / authority temporarily, by using good offices of Mr. Naidu with Mr. Narendra Modi, for getting an ordinance issued by President of India, later supported by a bill in both Houses of Parliament. As this is difficult, "Usance Promissory Notes payable to bearer" is a solution.

The Government of Andhra Pradesh can issue these notes to its employees, pensioners, suppliers, contractors. They can in turn get them exchanged with workers, employees, vendors, suppliers, as if the Usance Promissory Notes are valid for one month/three months, within Andhra Pradesh.

On due dates, Andhra Pradesh Government through its Sub-Treasuries /or through AP Government's newly established Bank, can honor the Promissory Notes by crediting presentor's accounts. They can also be paid in Local Clearing, when presented by Other Banks.

The newly established Andhra Pradesh Government Bank can extend loans to liberally to Tenant Farmers, DWACRA Societies, Self-Help Groups, Co-operative Societies and Co-operative Banks, wine shops and bars who are unable to buy/ lift liquor quotas from A.P. Beverages Corporation. The A.P. Govt. can also write off loans whenever it wants depending on elections. The new AP Govt. Bank can issue thousands and millions of POS machines to farmers liberally.

In this manner, Residual Andhra Pradesh Government can save itself from the headaches which Bankers are causing to it by their inefficiency.

839 Mr. Chandra Babu Naidu should stop riding over the backs of Public Sector Banks in Andhra Pradesh

One common factor Mr. Narendra Modi, our beloved Prime Minister of India, and Shri Nara Chandra Babu Naidu, our beloved Chief Minister of Andhra Pradesh share between themselves is, they cherish to ride over somebody else. While, Mr. Narendra Modi wants to pontificate to the Supreme Court Chief Justice, Supreme Court Justices, High Court Chief Justices, and Judges of States, Mr. Chandra Babu Naidu wants to ride over the backs of Public Sector Banks in Andhra Pradesh. Mr. Narendra Modi, soon after his coming to power, conducted a seminar for all judges in Delhi, and tried to impress upon them, so as to make them more ductile, malleable and pliable to the new BJP Rule. Mr. Nara Chandra Babu Naidu, frequently uses the monthly State Level Bankers' Meets organised under Lead Bank Scheme, to make the State Level Bank Bosses more ductile, malleable, and pliable. Though no judge in case of Delhi, and no banker in case of States have openly spoken about their resentment against political and bureaucratic intrusions into their terrains, strains can be read direct, or between the lines from the Media Reports.

Our Telugu newspapers and TV Channels have forgotten or deliberately omitted, to report the problems of Andhra Pradesh I.A.S./I.P.S. Officers, and the State Level Bankers, owing to long review meetings (a sort of lengthy haranguings?) by Mr. Chandra Babu Naidu. If any of the reporters care/cared to have at least an informal talk with the I.A.S./I.P.S. Officers and State Level Bankers, they MIGHT/WOULD have at least, off the record, expressed their dissatisfaction over the manner in which Mr. Naidu is hammering them with too-many, and too-long-hour review meetings video conferences / as well as personal-attendance jumborees, as a result of which the Officials are unable to attend to their legitimate duties prescribed by Indian Constitution, Indian Laws, various Government notifications and circulars.

If all their time spent in Conference Chairs, ears glued to what the CM says, with water bottles, and probably some cashew nuts to munch in front of them, by the time they go back to their offices (if they chose to go back to their office direct), or to their homes (if they chose to go back to their homes after the tedious-tiresome-monotonous-unilateral meetings, they will be ending with bloated stomachs filled with mineral water, some badam/cashew nuts/cookies and some intestinal gases. It is, none of our concern, after that, they may or may not be going to some night clubs or bars to unwind themselves from the morning's debacles / proceedings.

Deccan Chronicle News Paper Print Edition dated 23.11.2016, Page 1, has highlighted the problem with the heading CM MEETS, A PAIN. Lengthy talks make babus, bankers unhappy. I am unable to, at this moment, provide a link to this news report. I quote below some of the relevant things:

*A Senior IAS Officer said that the State Government has no role in banking affairs.

He said: There is no use holding meetings with local bankers and officials.

The bankers said that they have to act according to the directions of RBI,

Every meeting conducted by CM Naidu takes not less than four hours.

Monday's meeting took six hours.

CM trying to boss over Bank Officers, without any jurisdiction

Mr. Chandra Babu Naidu, also seems to have a habit of "instructing" State Level Bankers, for which he has no authority or powers. State Level Bankers are nodding to Chief Minister's utterances, only out of due courtesy, for the Head of the Government of the State.

NO LONGER, THE LURE OF FLIMSY, IMAGINARY DEPOSITS

Besides, earlier, State Government used to place some Term/Fixed deposits with various banks as "baits" and "lures". Now, as the State Government has transferred most of the funds in Term Deposits/ Bank Savings Accounts to GOVERNMENT PD ACCOUNTS OF TREASURES, State Level Bankers have lost their incentives to be the slaves of the State Governments. Earlier, Bankers used to be apprehensive that if they displease the Chief Ministers, the concerned State Govt. Departments may withdraw their Fixed Deposits. Now, there is no such fear.

NON-CO-OPERATION BY STATE GOVERNMENT IN RECOVERY OF BANK OVERDUES

Even in respect of the agricultural debt waiver scheme promoted by Andhra Pradesh / Telangana Governments, as the Governments have laid numerous impractical conditions for implementing the scheme, it appears that Banks are saddled with NPAs in respect of farmers who expected to get benefit, but could not qualify for the Debt Relief. In respect of these overdues, the State Government has at least a moral responsibility to help the Bankers in recoveries. Instead, Ministers of Andhra Pradesh seem to instigate farmers to question their Bankers.

RBI is the boss for BANKS IN ANDHRA PRADESH, NOT CM.

State Level Public Sector Bank Officers have to abide by the instructions received from their Central Offices, Reserve Bank of India. Even Government of India is not expected to directly instruct State Level Bankers. Central Government has to route its instructions through proper channel i.e. RBI, and the Central Managements of Banks, most of which are in Mumbai, and other Metros.

CM'S CONTRIBUTION TO CHAOS IN AND COLLAPSE OF, RURAL INSTITUTIONAL CREDIT DELIVERY AND RECOVERY SYSTEM

Mr. Chandra Babu Naidu, by asking farmers not to pay Bank Loans during his 2012 Election outings, has done great damage to the Rural Institutional Credit System in Andhra Pradesh and Telangana. So far, both the Telugu States have not recouped themselves from the damage caused by mass-defaults of farmers. It is a different thing if some debt-bitten farmers, or drought/flood struck farmers default in repaying their loans. Even those farmers who got good crops, good prices, good markets, defaulted, because Mr. Naidu had given a call.

POST-DEMONETIZATION SUFFERINGS OF FARMERS IN ANDHRA PRADESH AND TELANGANA

Now, after the demonetization by Mr. Narendra Modi, the sufferings of the poor farmers in Andhra Pradesh and Telangana aggravated. They are unable to pay wages to agricultural laborers, harvest-machine owners, rabi-seed suppliers, etc. because everybody insists on small denomination new currency. Mr. Chandra Babu Naidu's Assistants say that they have written many letters to RBI, seeking supply of notes.

when will new Rs. 500 notes appear in Andhra Pradesh?

But, not much seems to have emerged. RBI seems to have its own road map and schemes of priorities among States. Rs. 500 denomination new notes seem to have been released and reached in other States, while in Andhra Pradesh, we are not so far able to see them. Rs. 500 new notes could have eased the situation substantially. Mr. Naidu can ring up to mr. Narendra Modi, and Mr. Arun Jaitley, who are his pals, and Mr. Venkaiah Naidu, who is his bossom friend, to do something real.

To Continue. सशेष. ఇంకా ఉంది.