Full Coverage: What is the force behind RBI Governor Raghuram Rajan’s first monetary policy?

19 Sep 2013 / 0 Comments

3.45 am Just woke up after long work till 12 am. "The office is so messy as like Indian economy. Fortunate Subbarao who left this mess created by few stupid political economists," Raghuram Rajan found telling the sweeper who came to clean up the

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Published On:Friday, 29 July 2011
Posted by Diggy Chacha

SibalNama Episode-6 - Sibal Uncle firm on his support to Chiddu Uncle

As confirmed from the Congress insider who attended the party after the approval of Government's draft of Lokpal Bill by Cabinet, inventor of Zero Loss theory, hero of our SibalNama and a turning brain of Congress Party Kapil Sibal (Sibal Uncle) confirmed his support to India's home minister and famous for his removal from finance ministry P Chidambaram (Chiddu Uncle). (Please read: http://diggychacha.blogspot.com/2011/07/for-some-time-we-felt-that-we-passed.html)

 

Sibal Uncle is popular for making statements with many evidences and calculations (most of the time miscalculations only). Recently, after Southern movie hero look-a-like great A Raja's statements that call Chiddu in front of court to answer his questions, Sibal Uncle told that his evidences don't have any significance in the court. However, former Telecom Secretary Siddhartha Behura claimed that over a December, 2007 meeting held regarding entry fees for 2G licences, in which he had said the then Finance Minister Chiddu Uncle and former Finance Secretary D Subbarao (currently RBI Governor, famous for Rupee symbol and to stun markets and investors by increasing rates more than expected) were present.

 

"We have looked into records. The records show that there was no such meeting. Neither Chidduji (now Union Home Minister) nor Subbarao (Subbuji) remember (?) any such meeting," Sibal Uncle said.

 

Rubbishing Behura's claims he said, "It is surprising that the then telecom secretary (Behura), who joined (Department of Telecom) on January 1, 2008, is referring to a meeting of December 4, 2007, when he had no personal knowledge of the meeting and has not produced any document to support veracity of his submission."

 

As per the Congress insider, Sibal Uncle already assured Chiddu Uncle not to be worried and he (Sibal Uncle) will handle everybody.

 

However, in the meantime, a new character has entered in SibalNama. India's ex-finance minister and famous as a Rollback Minister Mr. Yashwant Sinha (Yash Chacha) wants Chiddu Uncle to be summoned before the joint parliamentary committee (JPC) on telecom.

 

The serial has become interesting as most of the characters have turned their statements and brains by almost 360 degrees. More and more suspense has been created about the next episodes. 

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