[dropcap]I[/dropcap] was on Change.org and saw many petitions against Vijay Mallya. The anger and rage people carry against him is unfathomable. From words like ‘Bring Mallya Back’ to ‘Initiate Criminal Proceedings’ were seen in the petitions by various people. If you will go through the twitter, then you will easily notice that how people are speaking against him.
I was with one of my friend on Sunday, and we were discussing about the usual scenario in the country. As soon as I spoke about Enforcement Directorate (ED) extending their scope and working with CBI against Mallya, to my shock, the said friend sprung in action with rage filled eyes. He said, “Mallya should be brought back to India and should be punished for looting Rs. 9000 crores”. I politely asked him, if Mallya took his money too, he denied. I asked him, what brand of beer he likes when he goes to Goa, his response was Kingfisher draught. Ironic as it sounds, it is not just him but many people across the nation are in anguish due to this.
Recently, the opportunist chief minister spoke against Mallya and appealed to the Prime Minister of India to look into this matter. People gladly joined his ’cause’ and supported him as he demanded the return of Mallya to the nation.
Mallya did not take money from the Indian treasure. He may or may not have been a part of money laundering, we can’t say. He has sponsored IPL team called Royal Challengers Bangalore (RCB) which we happily cheered for during matches. He availed loan from the banks and was willing to repay. Not everyone have courage to pay back the loan amount. Besides Mallya, there are many who are absconding with money. Its bank’s responsibility to give loan based on the security they can receive. Its bank ‘failed’ decision which has caused the uproar. Mallya did not make the banks sign at the gunpoint, it was his business.
Company sign with a bank for money and that is it. Sometimes companies repay the loan, but sometimes having hit by a crisis, it does not. It is a business deal between bank and a company, and has nothing to do with the nation. He has not stolen money from the citizens. Actually, it is the banks that are draining the nation; they should have paid the full tax irrespective of the defaulters. Banks exist not for charity but to do business. Banks like to earn money by giving money, loan is one of their products. People are repaying the loan or not is called ‘business risk’ and they study about the company or individual before assigning the loans.
Why, we Indians are worrying about it? Why is a chief minister giving time from his busy schedule and planning, when the business issue is between two companies? Besides, he is asking the Prime Minister to work on behalf of the banks. Banks should have known about the consequences. Officials should be punished, the one who signed the document and approved loan to him, first. Banks pushed credit cards to individuals with repeated phone calls by the sales executives and people become defaulters when they cannot pay. At an individual level, they managed to declare a deficit from the government. Indian banks are not distributing loans as an individual demands. When you go to the bank, do you get loan instantly? Who is responsible if you choose not to repay the loan; bank or the government? Chief Minister is a respectable and responsible designation, and if someone wastes their time by curbing on the salary which is paid by our hard earned money as a tax then they should spend their time in the office more than casual activities. A business man will never let his employee waste his time.
When some people open their mouth or express their understanding based on the wave created by the politicians, with no bases, it actually brings down the average IQ of an entire nation. Please step out of the crowd and work towards what is in the best interest of the nation. Being a part of political wave, should be a thing of the past now. Let’s grow up.
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