Sunday, February 28, 2021
Home Editor's picks When Manohar Parrikar found $3 billion of our money lying forgotten in a US...

When Manohar Parrikar found $3 billion of our money lying forgotten in a US account

This was Modi Government’s first ‘reverse scam’.

How would you like to remember Manohar Parrikar?

Untitled.png

A symbol of life, that’s how.

Till the very end, I did not believe it. I saw the tweet from the Goa Chief Minister’s office about the critical condition of the CM, but I kept assuming he would come out of it. Medical science is really amazing these days and I thought they would come up with something or another.

It was not to be.

Death comes to all. But very few are remembered. So I am not going to talk about his death. I am going to talk about his life.

In early 2016, the Defense Ministry was facing a problem with its budget numbers not seeming to add up.

Was that a scam? No! Ironically, the ‘problem’ was not overspending, but underspending!

It seemed like the Defense Ministry was not spending all the money allocated to it but continuing with all planned expenses nevertheless.

What was happening? Where was extra money coming from? Was it falling from the sky?

No!

That’s when Raksha Mantri Manohar Parrikar revealed that he had found $3 billion (or Rs 20,000 crore) of Govt of India money lying forgotten in a US account.

Untitled.png

And he had used that old money to pay off some of our Defense expenses.

Folks, this is how UPA used to run our country. They ‘forgot’ $3 billion lying somewhere. After all, it wasn’t their money.  Privileged Shehzadas brought up in royal families rarely have respect for other people’s money.

But a self-made IITian Chief Minister does.

This was Modi Government’s first ‘reverse scam’. The Govt finding money instead of losing it. What a change from the days of Rs 4000 paid by the govt for each roll of toilet paper during the Commonwealth Games!

And what did Manohar Parrikar do with the money he found? He started applying it towards India’s defence purchases. It helped that the money was already in USD instead of Rupees: that meant we could even save on the exchange rate and various forex related commissions.

He is no more. We miss him.

So many wonderful tributes have been paid to him.

I just thought I would remind people of the time he found our forgotten money and used it to pay for the defence of our country.

We will never forget you, sir.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

Abhishek Banerjeehttps://dynastycrooks.wordpress.com/
Abhishek Banerjee is a math lover who may or may not be an Associate Professor at IISc Bangalore. He is the author of Operation Johar - A Love Story, a novel on the pain of left wing terror in Jharkhand, available on Amazon here.  

Related Articles

Trending now

Naushad, who was caught spitting while cooking tandoori rotis in viral wedding video, to be booked under NSA

Earlier this month, a video of Naushad who appears to be spitting on the tandoori rotis before putting them inside the tandoor for cooking, while at a wedding function, had gone viral.

Delhi Police arrests 2 men who were plotting to assassinate Kashmiri activist Sushil Pandit against payment

Sukhvinder Singh and Lakhan said they were paid Rs 10 lakh each by one Prince to kill Kashmiri activist Sushil Pandit

Hindu Mahasabha asks Rahul Gandhi to change Congress’ name to ‘Godsevadi Congress’ after Godse follower joined party: Read why

Hindu Mahasabha has advised Congress leader Rahul Gandhi to change the name of the Congress party to Godsevadi Congress.

As desperate Pakistan welcomes the Indo-Pak ceasefire with much fanfare, India takes it with a caution

The latest ceasefire agreement between India and Pakistan comes nearly 17 years after such an agreement was first signed

Encryption vs Compliance: The new IT Act guidelines put messaging services like WhatsApp in a tight situation

To comply with the new IT Act guidelines, services like WhatsApp will have to break its famous end-to-end encryption

Is Yogendra Yadav now an anti-election activist?

“We should have an outcome very soon, we do not have a mandate.” These were the words of Yogendra Yadav after Bihar elections

Recently Popular

Did Aamir Khan’s daughter Ira Khan elope with her Hindu servant? Here is the truth

The image that is being used to claim that Iran Khan has 'eloped with her Hindu servant' was originally shared by Nupur Shikare, her fitness trainer. The two were posing on the occasion of Diwali.

US President Joe Biden casually drops the N-word during Munich Security Conference, accused of racism on social media

The N-word is considered as one of the hateful words that were first uttered in the 17th century. Its origin can be traced back to the Spanish word 'negro', which is often used by white supremacists to deliberately offend the African-American community.

Father of Richa Bharti, the girl who had refused to distribute Quran to secure bail, shot dead in native Bihar village: Read details

The father of the daring Bihar girl Richa Bharti has been shot down by assailants in her native village of Nalanda district in Bihar.

“A contest between my ball and your ball”: Netizens in splits after comments of Harsha Bhogle go viral

Harsha Bhohgle said that a cricket contest should be between bat and ball, not between bat and bat or ball and ball

Spokesperson of Samajwadi Party resigns after workers abuse his wife for sharing anti-Akhilesh Facebook post: Details

Anil Yadav of Samajwadi Party has resigned from the party after his wife, Pankhuri Pathak, was abused by SP workers.

Father of 6, Mehtab Rana, abducts minor by shrouding her in Burqa, had abducted the girl twice in 2018, role of in-laws, family suspected

Kidnapping of a 17-year-old girl in Agra, where accused made her wear a 'burqa', has sent shockwaves and resulted in outrage
- Advertisement -

 

Connect with us

253,132FansLike
520,759FollowersFollow
23,800SubscribersSubscribe