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The Great Indian MMS Scandal

By on Jul 25, 2011 | 14 comments

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Until now, I had a feeling that Man Mohan Singh (MMS) is the ‘Lotus’ in the mud. But as I read and discover more about this man, I continue to lose respect for him and believe that we are all a part of the Great Indian MMS Scandal orchestrated by the World Bank. We’ve always thought of MMS as the ‘most educated’, most ‘honest’ politician. But the truth could be just different.

The Great Indian MMS Scandal

MMS - Behind Everything

Manmohan Singh became the finance minister in 1991. The time was when India was going through financial crisis. Before I begin, I just fail to understand why did India started borrowing money from other nations in the first place! If we were Independent, Free Nation, why could we just not produce everything on our own? The loans were all provided by the World Bank (IMF) through various channels and they needed a ‘way’ to recover all of their money. Now in 1991, India badly needed ‘hero’ to take India out of its current financial crisis and the World Bank exactly knew Man Mohan Singh was the solution. MMS had already been on the payroll of UNCTAD. The world bank then decided that MMS would become the next Finance Minister of India and make ‘policies’ that would favor them and put India into slavery we’d never seen before. And all of this was being presented to as as if “We’re solving all your problems”.

MMS did the obvious – he opened up Indian economy in the name of ‘Globalization’. I firmly believe Globalization has done more bad to this country than whatever ‘good’ it’s done. Think about it. Has Globalization solved any problem? Has it turned India into a ‘developed’ nation? Even the Wikipedia lies -”Following the advice of IMF, in 1991, Singh as Finance Minister, officially freed India from the Licence Raj, source of slow economic growth and corruption in the Indian economy for decades. He liberalized the Indian economy, allowing it to speed up development dramatically.” 20 Years & We’re far from being developed! Wikipedia further mentions, “Singh is now a strong supporter of globalization, seeing India’s immense labor capacity as a path to delivering Indian goods in a worldwide market and eventually relieving large-scale poverty.”

There you go! Our prime minister thinks we’re good labors! We aren’t the creators – but we are only meant to ‘serve’ other nations. What kind of thought is this? And what has this stupid Globalization brought to us? Global brands take out more money in profits than we get in loans from World bank, that too with debt! Where are we heading? India can NEVER become developed country if this continues!

The multinationals will NEVER allow Indians to become the ‘manufacturers’. They WANT us to be the SERVANTS. The message is clear. MMS isn’t the right person to lead this country. I expect revolt!

 

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14 Comments

    • The Big K

      July 26, 2011

      Post a Reply

      The solution is pan – India revolt and adopting presidential elections. An independent candidate with a proven track record as PM of India who believes in India, its values and culture and no influenced by external forces.

      • Smitad

        August 10, 2011

        Post a Reply

        Pl. visit the site below and all of your doubts will be solved.
        The Prime Ministers of all countries are pawns in the game
        of New World Order of the Illuminati, else they will pay the
        price being overthrown…
           
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  1. S.V.

    July 25, 2011

    Post a Reply

    First, there is no doubt that MMS is the most despicable PM of India. But, it is widely known that it is PV Narasimha Rao who initiated and forced measure towards liberalizatoin of India (see: http://www.deeshaa.org/2011/03/10/manmohan-singh-will-be-remembered-for-his-venality/). Hence, I find that the article is using a incorrect argument (argument in this case is correct factually) to prove a correct fact.
    Secondly, I think that the Government control has done more harm to India than the little harm the liberalization has caused in the last 20 years. Again, I am completely agree with the fact that the liberal reforms have caused damage but not without huge gains. While there is a need to change our policies at the ground zero level, I think that the Government control over lots of aspects of administration should go. More freedom is the only way India can progress. Coincidentally, I read this article about capitalism by Sanjeev Sabhlok (http://sabhlokcity.com/2011/07/i-am-an-unadulterated-100-per-cent-capitalist-and-i-am-very-proud-of-it/) which echoes with what I said. Hence, I think we need to seriously question our beliefs over government policies critically and look for alternate solutions.

    • The Big K

      July 26, 2011

      Post a Reply

      Yes, it could be anyone who initiated the liberalization. I was MMS who takes the credit of globalizing India and that’s my point. Of course, it’s obvious that things didn’t change overnight. They initiated in the past, but MMS is the one who actually ‘implemented’ everything. Being the FM, he would have denied those motives and if he was an honest man, could have resigned from his position.

      It also brings me to another point – if MMS is honest; why does he not resign from position and let all the wrong doings happen in front of his eyes!

  2. Ishan Topre

    August 9, 2011

    Post a Reply

    I respect you, but I think, you should provide proof. Just believing that someone is bad is your opinion, you may be right or you may be wrong. 

    Won’t it be better if you give some concrete basis of your stand point? In this way you will be able to put forward your thoughts effectively. 

    P.S: Where is the proof? 

    • The Big K

      August 9, 2011

      Post a Reply

      Proof? What proof do you want? Truth needs to be discovered. Why don’t you prove me wrong with facts?

  3. Ishan Topre

    August 9, 2011

    Post a Reply

    1+1=2
    2X1=2
    The answer is 2 in both cases, but what is the back ground behind it? addition or multiplication?

    Tell me which one is right? You have truly mentioned The consequences which we are facing but you may be wrong in giving out reasons behind those results.

    For a simple thing, why would IMF feel that ManMohan Singh will be a right person to make a Scape goat? Even after he was RBI governor, is there any satisfactory reason as to why IMF took notice of him to impose their version of financial policies on Indians?  

    • The Big K

      August 10, 2011

      Post a Reply

      See, as one of the other commenter points out, it was PVN Rao who started the liberalization thing and then MMS, with his financial ministry – implemented it. Any sane Finance Minister aware of India’s weak economic state and fragile manufacturing base would have known that allowing foreign companies to invest and do business in India would be a sure-shot kill to local businesses. Yet, he did it. Isn’t it the basic common sense that a country *MUST* have a strong manufacturing and complementing services base before allowing MNCs to enter into the country?

      Today we’re surrounded by all foreign companies who take out India’s money in their country in profits. The cloth manufactured in south (thirupur) is purchased at very low cost, added a ‘Levis’ label and sold to us at 20 times higher cost. Where do the profits go? Does India benefit in any way? Don’t tell me “at least they buy from Indian cloth makers”. Coca Cola – they sell sugar water with chemicals at exorbitant costs. Who gets the profits?

      Today, more money goes out of India than what we get.

      MMS – well aware of this fact, still decided to go ahead – which proves that he’s insane and a puppet controlled by global companies. Wikipedia says MMS Worked for UNCTAD -

      Chief, Financing for Trade Section, UNCTAD, United Nations Secretariat, Manhattan, New York.1966 : Economic Affairs Officer 1966

      There was a French paper which quoted back in 1991 (before Rajiv Gandhi Died) that no matter who becomes the next PM, it was *decided* that MMS would become the FM. Because foreign MNCs *needed* to enter Indian markets to loot India.

      …and even if we forget it. Tell me after discovery of so many scams; why isn’t he resigning? An honest, good human being would have resigned by now.

      Common Sense!

    • Smitad

      August 10, 2011

      Post a Reply

      IMF, World Bank are run by Satanic Bloodlines
      creating money out of nothing and trapping
      nations in loan obligations. They want their
      New World Order to be reality fast,hence
      all behind the door dealings.
       Visit http://www.davidicke.com

       

  4. Ishan Topre

    August 11, 2011

    Post a Reply

    Smitad,

    You remind of the time when Pope John Paul came to New Delhi and in the * auspicious presence* of then Prime minister ( I do not wish to name him) declared that he wanted to baptize all Hindus. 

    But our organisation RSS is working against the three threats that are adversely affecting the sovereignty of Bharat.  Thisngs are big than they look to be and MMS scandle is only a part of it. 

    What is important are the consequences and not how it all came to be. We need to tackle the problem that we are talking about. 

    My point is that MMS is a good person but on a personal level, but just being good does not change the fact that he is ineffective as a prime minister ( I mentioned this earlier on Forums).

    @Biggie:disqus
     : Am I right?  Am I sounding a nerd? :p

  5. proFDI

    December 2, 2011

    Post a Reply

    I dont know how I came across this blog but its funny. Half information on why liberalization was done. Moreover do you have a projection of what would have been to India had it continued with License raj? Indians would have lived the same way as before with a bare minimum progress. Liberalization brought in space for competition, opportunities for Indians to come out of the shell, be innovative and a fair market place. Dependence on your own is to satisfy your own ego but being liebral broadens your mind and thoughts.

    • The Big K

      December 2, 2011

      Post a Reply

      Let me answer you in points -

      1. Has globalization ‘fixed’ the license raj? Isn’t it more of an administrative issue?

      2. Progress? Has India really progressed? What’s your definition of progress?

      3. Competition? At what cost? Why can’t Indian companies compete with themselves? Why do we need foreign companies to compete with? 

      PS: Are you an MBA? :)

    • The Big K

      December 2, 2011

      Post a Reply

      Let me answer you in points -

      1. Has globalization ‘fixed’ the license raj? Isn’t it more of an administrative issue?

      2. Progress? Has India really progressed? What’s your definition of progress?

      3. Competition? At what cost? Why can’t Indian companies compete with themselves? Why do we need foreign companies to compete with? 

      PS: Are you an MBA? :)

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