877 Chasing with the hounds, and running with the hares, is a pastime for politicians, worldwide.

Mr. Narendra Modi, the greatly popular Prime Minister of India, seems to be riding on two boats. He is very adeptly discharging his double role. On the one hand, he says that he fights on behalf of poor and downtrodden, against the black KuberAs (Kubera = Lord of Wealth, and the Ruler of the North Direction, in Indian Mythology). But his speechees at the recently held jamboree VIBRANT GUJARAT (2017), express a different language. His largesse to the industrialists knows no bounds. When he speaks on behalf of the poor of India, the first half of the adage "chasing with the hounds" will apply. When he praises industrialists and promises them everything under the sky, 'running with the hares' will apply. One can't portray to be a police and a thief, at the same time.

PAEANS SUNG BY shri MUKHESH AMBANI, AT VIBRANT GUJARAT.

Here is a link to a Youtube Video. Click to go to Youtube.com and see a video, of mukesh ambani praising Narendra Modi 7.32 minutes .

What favors Mr. Mukhesh Ambani may want in return?

Read this Zeenews report. Click to go to and study the $1.5 billion claim of ONGC on Reliance. http://zeenews.india.com/companies/ril-slaps-arbitration-notice-on-govt-over-1-55-bn-demand-minister_1950412.html

Reliance Industries has slapped an arbitration notice on the government over a demand USD 1.55 billion demand made on it for "unfairly enriching" by producing natural gas belonging to ONGC, Oil Minister Dharmendra Pradhan said today.

The oil ministry had on November 3 issued a notice to RIL, Niko and UK's BP plc seeking USD 1.47 billion for producing in the seven years ended March 31, 2016 about 338.332 million British thermal unit of gas that had seeped or migrated from state-owned Oil and Natural Gas Corp's (ONGC) blocks into their adjoining KG-D6 in Bay of Bengal.

After deducting USD 71.71 million royalty paid on the gas produced and adding an interest at the rate of Libor plus 2 per cent, totalling USD 149.86 million, a total demand of USD 1.55 billion was made on RIL, BP and Niko.

ybrao-a-donkey's personal observations which are not intended to be imposed on others:

It is strange that ONGC seems to have signed some contracts with Reliance, agreeing for external international arbitration proceedings. International Arbitration Proceedings and Awards tend to be biased and expensive.

Biased because: Overseas Multinationals, particularly the Euro-American Multinationals adopt unscrupulous methods to get awards in their favour.

Expensive because: International Lawyers charge heavily. All International contracts which Indian Corporates and Public Sector Enterprises should invariably provide for settlement of disputes only through Indian Courts. Now, Shri Mukhesh Ambani and Reliance may want India's PM to extricate them from the entanglement.

PAEANS SUNG BY Shri RATAN TATA, AT VIBRANT GUJARAT

Here is a link to a Youtube Video. click to go to view a Youtube Video which shows Mr. Ratan Tata, singing paeans to Shri Narendra Modi.

What favors Mr. Ratan Tata may want from India's PM, apart from general favors which Corporate Heads expect?

Though it may not be as sky-high as $18 billion which Tatas have to write-down, in losses, as pointed out by Mr. Cyrus Mistry-- the ousted-Chairman of Tata Group, it is not clear, how many billions Tatas may have to write-down. Will SEBI overlook everything, treating international losses as non-sense? Will the Government phew phew the losses, as something which is to be an internal affair of the Tata Group?

To continue. सशेष. సశేషం. ఇంకా ఉంది.

711 Is CPIM a bourgeoisie Party? Bengal CPM Secretary seems to be in a hurry to become CM !

The dividing line between Left Parties and the bourgeoisie parties has already disappeared. There is a proverb in Telugu: "Aru nelalu sahavAsam cEstE vALLu vILLavutAru, vILLu vALLavutAru.". English gist: If 'A' and 'B' make friendship for six months, 'A' will become 'B' and, 'B' will become 'A'. There will be a sort of "double de-composition" we see in Chemistry formulae. Craze can make Left Leaders speak and act in a more 'bourgeoisie' manner, than the traditional bourgeoisie parties.

Shri Surjya Kanta Mishra, CPM Secretary, Bengal, we can probably classify in that category of A becoming B, and B becoming A. He is reported to have said:

"...The first thing we will do is withdraw the case against the Tatas in Singur. We will create an industry-friendly climate..." "...(అధికారంలోకి వస్తే) మేము చేసే మొదటి పని ఏమిటంటే, సింగూరులో టాటాలకు వ్యతిరేకంగా, పెట్టబడిన కేసును ఉపసంహరించుకుంటాం. మేము పారిశ్రామికుల మిత్ర వాతావరణాన్ని సృష్టిస్తాము.

ybrao-a-donkey's humble comments. वैबीराव एक गधे के विनम्र राय . వైబీరావ్ గాడిద వినమ్ర వాణి. You have every right to differ with me. I respect your right. आपको मेरे मत से भिन्न राय रखने के संपूर्ण हक है। मै उस अधिकार को परिपूर्ण रूप से गौरव देता हुँ. మీకు, మీ భిన్నమైన అభిప్రాయాన్ని కలిగిఉండే సంపూర్ణ హక్కు ఉంది. దానిని ఎంతో నేను గౌరవిస్తాను. However, pl. examine this donkey's views also. परन्तु एस गधे के दृष्टिकोण को भी अनुशीलन कीजिये. కానీ ఈ గాడిద దృష్టికోణాన్ని కూడ ఓర చూపుతో కంటజూడుమీ, క్రీగంట జూడమీ.

One doubt which may come to us most of us, in the context of Bengal elections: Did CPM get any donations from Tatas? In India Today, parties can run only if they spend in elections, by collecting funds from industrialists and business persons.

In 2011, CPM lost power by befriending with Tatas, and alienating farmers. TMC seized the opportunity, befriended farmers and opposed Tatas, and captured power.

Industrialists and Business Persons want land. They do not mind even if it is snatched away from small and marginal farmers. Bengal is a land-scarce State. Be it TMC or CPM, where will they get land for pampering industrialists, without snatching it from small farmers?

India is a land-scarce country vis-a-vis its population. Bengal is a land-scarce state vis-a-vis its population.

Question: During the nearly 37 years of CPM rule when Mr. Jyothi Basu and Mr. Buddhdeb Bhattacharya were Chief Ministers, Bengal stagnated. It lost its prime place in the commercial and industrial map of India. Today, it is rotting. Do you want to bring back the rotting culture?

Ans: Industrialists accumulate land for speculative purposes, by inflating their land needs. For example, if they need 100 acres to establish a factory, they will make an application fora 1000 acres, and the Governments may either allocate them 2000 acres or 500 acres depending on the kickbacks exchanged.

Experience has proved time and again that business persons and industrialists are more intelligent than bureaucrats and politicians of 1947-2016 India. If they consider that a business established at place X fetches great profits on the basis of their own methods of calculations, they will not hesitate to buy land at market value and establish their units. Tax concessions for some years and cheap land and power alone do not prompt calculative industrialists to locate their industries.

This is a subject, which needs a thousand posts/pages to write about. For example, why did Mr. Ratan Tata choose "Corus" in U.K. to purchase at an exhorbitant price, rather than starting a new Steel Unit in Jharkhand itself at a reasonable distance from Jamshedpur? If Late Jamshedji TATA could take a decision in the early 20th Century itself which was a Great Success of the Century, when there were no computer forecasting Quantitative Methods, how in 21st Century, could his clan-person take a hasty risky decision to make steel in U.K. ?

To continue. सशेष. ఇంకా ఉంది.