NAMO, the master diplomat, turned on his charm with a view to woo Sonia Gandhi and Rahul Gandhi and get to sign on the dotted line and give their green signal to the much-awaited GST Bill, an Act which is expected to revolutionize the Indian economy and send stock prices soaring to unheard of heights.
As I reported earlier (see Get Ready To Make Mega Bucks From Top 10 GST Stocks), everything was going as per plan and the GST Bill was on the verge of being passed. The ace investors had already positioned themselves in the GST-sensitive stocks and were preparing to bask in mega riches.
Unfortunately, an ill-timed verdict of the Delhi High Court holding Sonia and Rahul prima facie guilty in the National Herald scam and directing the duo to appear personally before the trial court has torpedoed the peace process.
The duo is now alleging that the scam allegation against them is “political vendetta” by NAMO and they have log-jammed all proceedings in Parliament.
Not surprisingly, the prospects of the GST Bill being passed have dimmed considerably and all stocks, especially the GST-sensitive ones, are plunging like a ton of bricks.
The ace investors are not taking kindly to this unfortunate state of affairs.
Porinju Veliyath, who describes himself as a “patriot”, commands a massive army of nearly 20,000 followers on twitter. The remarkable aspect is that Porinju has his followers dancing to his tunes. Every tweet by Porinju elicits hundreds of retweets and enthusiastic comments from his followers. This is quite an achievement because other gurus, with similar follower strength, are not able to rouse their followers to the same passionate extent.
Porinju is leading the attack from the front and taking fearless potshots at Sonia and Rahul.
He levelled the ultimate insult on the duo by suggesting that the Country would have been far better off if Sonia had stayed unmarried and Rahul was never born.
I feel that India's GDP would have been over $3 Trillion this year, had Rajiv Gandhi not married :-)
https://t.co/1cA7PPkxW5
— Porinju Veliyath (@porinju) December 8, 2015
Porinju has also called the duo of Sonia and Rahul as well as the entire Congress party “anti-national” and “un-patriotic”.
PN Vijay, the veteran stock picker, also makes no attempt to hide his contempt for Sonia, Rahul and the entire Congress party.
Congress by disrupting Parliament is practising same Intolerance and same contempt for Judiciary and Parliament lndira Gandhi used to show
— P.N.VIJAY (@pnvijay) December 8, 2015
Sandip Sabhrawal, another ace stock picker, also gave vent to his ire by alleging that the Congress party does not “care a damn about India”.
The Dynasty has subjected people of India to #Vendetta via zero development/corruption for 60yrs plus
Now more #Vendetta by stalling reforms
— sandip sabharwal (@sandipsabharwal) December 9, 2015
Other eminent citizens have also joined the chorus by pleading with the Congress not to make the GST the sacrificial goat in its fight with NAMO.
Where are all the goddamn dolts who shouted intolerance? How can they tolerate India being held to ransom for the sake of one family?
— SUHEL SETH (@suhelseth) December 9, 2015
On a serious note: expel obstructionist MPs, get Parliament to work and get the country moving. Two dolts can't hold India to ransom!
— SUHEL SETH (@suhelseth) December 9, 2015
Without GST we effectively divide our own country & prevent it being a common market. We render ineffective our own secret weapon.(2/2)
— anand mahindra (@anandmahindra) December 8, 2015
Meanwhile, NAMO, the eternal optimist, has still not given up hope. He again tried to charm Sonia and Rahul into toeing the GST line by sending birthday greetings:
On her birthday, greetings to Congress President Smt. Sonia Gandhi. May Almighty bless her with long life & good health.
— Narendra Modi (@narendramodi) December 9, 2015
Now, whether NAMO’s charm works or not requires to be seen but don’t hold your breath!
Shameful. Indians should be ashamed of themselves. The outside world is not very kind or very sympathetic to India and Indians. And today, when Modi is trying to bring respect to all of us Indians, a selfish Italian and her pathetic son is trying to stop the prosperity of a billion Indians. Ashamed by any Indian that ever supported the Congress Party, and disgusted by the weak pathetic minds of all you Indians. Can you imagine a criminal who has a court proceeding against them stalling parliament to perform unless they withdraw the criminal case. And yet all the so called dignitaries of India sit still and watch as their country is being destroyed. The time has come to change the constitution and put INDIA and Indians before a family.
Well well written, Arjun.
It’s Congress turn now. BJP didn’t allow GST to be passed under UPA.
Both different sides of same coin
You both are right. These two fronts NDA and UPA are playing around and they blame each other for not pass through of GST. This is the repeat of History.
Guess going forward if the blind followers don’t buy operator Porinju’s stock, probably he will call his so called blind followers as “unpatriotic”.
Porinju is one and only patriot in the country.
Thumbs Up to your comment buddy. Operators think they are the god’s of dalal street.
As our fellow reader “Kharb” said “One type is of Porinju type,who has coined new word of Patriot for speculators. First you speculate in third rate stocks and then blame govt or politicians for not bailing you out.”
I am not sure when same Congress Men was ruling between 2004-2014 , where this so called “Patriotic Porinju” was living????
This punter need big bail out i guess..
he was a dealer with some share brokers back office those days. Now it is his “days”
Mother India is begging for someone to finally give respect to the country and lift it to greatness. Instead of supporting the cause of GST and what it will do for all Indians and India, you make a pathetic comment such as this. Go to USA, go to Europe, Australia, they will treat you Indian like nothing. And yet here you are so happy an Italian woman is giving back to BJP at the expense of India. And for what. A criminal case against her, she wants parliament to stop it. You are an Indian. I would respect you if I saw you in trouble. This Italian woman wouldn’t do a damn thing and yet you support her?
We need to accept the fact that BJP & Congress are same. They are just different by the party symbol & flag.
Just because Modi is using all jargons like FDI or GST, it doesnt mean India is developing. Please tell me just one thing. Have you ever notice atleast a initiation for job creation in India in last 18 months under Modi Regime ?
Yes you are correct. Modi has been unable to bring the effects of his vision for India onto the street as of yet. But how can we say in 1 year he not been able to save India from the filth of congress. It takes time. There is no doubting this. But he speaks of Indians as brothers and sisters. He has no children or family. All he is doing is for us Indians. He says he will give us prosperity whiles the company guess say they want Indians to be poor forever. He says will bring nack black money and has setup up an sit, but congress says their is no black money and Indians should just mind their own business. He says he wa ta I Diana respected overseas and congress says Indians are dirty people. He says he will clean the Ganges and congress says what dirt. It is Indian charm. And we still criticize this man becuase he is unable to fulfill his wish whereas congress openly degrades every Indian. He says India needs GST, and congress says no. And still be blame Modi. Maybe India does t deserve Modi and as a punishment to all of you Indians let Rahul Ghandi become your PM, then you will truly learn your lesson. You think by making a comment against Modi it will teach bjp a lesson. What a fool, when the congress will finish your future and teach you a lesson.
well said
both congress and bjp are same side of coin, both are fighting for selfishness not for country of india development
both care for their parties
Congressman did right. They have to teach lessons to BJP
Both NDA and UPA fronts must learn lot of lessons from the past
My friend the lesson is not on BJP, it is on you and all Indians. Congress wants you to remain a weak, poor, pathetic country the whole world laughs at. How can you support this.
There are two types of big shots ,who are blaming the situation to just on Congress ,although all politician have equal share of blame including Modi himself who himself stalled GST for a long time for Political reasons,it is now just pay back time for congress.Nation will suffer as it sufferd during satalling of GST by Modi during UPA rule.One type is of Pronju type,who has coined new word of Patriot for speculators. First you speculate in third rate stocks and then blame govt or politicians for not bailing you out.Pronju has enjoyed a lot during honey moon period of Modi govt,Now naturaly that time has come to end ,now country has to face the music of bad politics ,in which just to blame a part by hiding the other equaly bad is nothing more than indulging yourself in politics .After enjoying honeymoon period of new govt,it is now pay back time for speculating all that time.But I think his followers will be hit more severly ,as Pronju will definitely find some way out without hinting.Another type is PN Vijay type,no doubt he is a good stock picker but he is known Sympethiser or almost a BJP leader.So it can be considered as his political statement,otherwise where he was when Modi was stalling GST for long time.India has survived and many Compnies has multiplied money in last 68 years with out GST.It is better to invest in blue chip fundamentaly strong compnies like HDFC bank,Asian paints,HUL etc list is large,where you can remain invested and even enjoy your cheap buying during circus and drama by our politicians .You can even benefit from misgoverness by our govt by utilising that opportunity to buy blue chips and cashing out when govt or politicians are on holidays not busy in dirt .Those who have come for speculating are heading for bad time.After one more year you will even find lot of Oppostion to govt from with in BJP from those who has been kept out side the fruits of rule.I am sure at that time these thrid grade stocks will be available from 25% to 90 discount of present values.I am in support of GST but has more faith in compnies I invest then to govt policies.Fittest will not only survive but also thrive,it may be invester or company.Sorry for speculators ,but they deserve all this to keep market clean.
Porinju is an opportunist and he plays for his money. Politics or patriotism is not important for him though he preaches patriotism!!! I do not think he won’t loose a chance to get any insider info of a company before he step in to buy the stock of that co. Then where comes his patriotism ? Tomorrow if Mayawati becomes indian PM (wish not to imagine even in nightmares) he will support her as well
see on his twitter he started to guess peoples sentiments through surveys..
it shows he is in trouble and seeking help out side …
how much he play with others mind ??
very well said
sab ko apna apna pada hai idhar ….
these ace guys could have waited till picture is clear than getting help less and hope less
babu
After all how long GST implementation can take market ? May be max of 200 points in nifty.
true … these guys need reasons to save face !!
till these guys stop banking on their home made stories all this will happen .
No doubt GST may be good,But will it make any big difference to governess and economy,I doubt.Till Govt and politicians don’t learn how to spend (the tax collected) properly and don’t stop wasting and looting in Name of subsidies and free gifts to buy votes ,forget about GST even father of GST will fail to reduce taxes.So this will prove just an event and govt ,politicians will continue to hunt stock market.So compnies and investers have to find out the ways ,how they can remain insulated to a large extent from such situations.Better remain invested in good compnies and hope for the best that our enterpenures will do well inspite of politicians.
“Other eminent citizens have also joined the chorus by pleading with the Congress not to make the GST the sacrificial goat in its fight with NAMO.”
WHERE WERE THOSE SO CALLED EMINENT CITEZENS WHEN UPA WAS ABOUT TO GET ENDOSRSE GST ?
1 – First, remember one thing, even at the tail end of UPA 2, Congress led government in Kerala also supported Gujarat Govt.’s decision to oppose the earlier GST.
2 – In UPA Time, a majority of states opposed the inclusion of petrol, diesel and liquour with in the purview of GST. This includes states governed both by NDA and UPA.
The key demands made by States during Old GST bill were,
1 – Petroleum to be kept out of GST
2 – Liquour to be kept out of GST
3 – A Constitutional guarantee in case if the states suffer losses due to GST
4 – Provision to states to levy an additional 1 % tax for 2 years to combat losses if occurred.
All these demands were completely not accepted by our then Financial Minister Mr. P. Chidambaram.
But, as soon as BJP came to power, a meeting was convened by our current Finance Minister Mr. Arun Jaitley with the finance ministers of all states. Every state’s view was taken in to consideration. In the above points, Point #1, #2 and #4 were accepted.
So, these two are different bills with different level of acceptance from the states.
Again, I reiterate, it is not only BJP that opposed older GST bill, but also, Congress ruled states including Kerala and Maharashtra.
Please correct me if am wrong anywhere. Am ready to accept any mistake.
(Written by Mr.Shridharan)
This is the most pertinent point…The GST Bill that NDA is trying to push is faulty, and it is true that BJP ruled states had opposed the GST when it was introduced. This time around the demands as put by Congress (going by media reports) seem prudent. I really do not know much of National Herald case but the kind of black money Congress leaders have amassed is also very well known. People have high hopes from the PM and the NDA, lets hope they get their act right. The GST and corruption are 2 separate issues and they should be treated as such. I am sorry to say, but the govt. seems equally responsible for this logjam.
i read porinju.
i think he is made and antinational.
WHAT MODI DID IN AASHARAM CASE?
FOR 15 YEARS.ALL OF YOU ARE ANTI POOR.AND SHAMEFUL FOR ANY LIBERAL NATIONALITY.
Great article!
Conclusion: Only Porinu is patriot in India !!!!
There is a difference, bjp was stalling parliament because congress was corrupt and now congress is stalling because congress corruption has been admitted in court….only sic can call congress act right….agree it or not…Modi is the best bet for India for the next 10 years….and he is not doing things short term…my vote is for him….need to throw congis…pseudoseculars…dynasty chamchas and supporters out…by the way where is award wapsi brigade
Glad someone can say they are a proud Indian. Modi has no family. People must remember that. He has no kids or wife. He is doing all this for us Indians. He says he will clean the Ganges and the country, Comgress laughs and says it is rubbish. Modi says he will bring back black money and set up a sit to begin the process, Comgress says there is no black money and Indians should shut up. Modi says Indians must be respected all over the world, Comgress says Indians are dirty and get what they deserve. Modi says Pakostan should stop terrorism, Congress feeds them biryani as our soldiers are killed. Modi says no corruption in our government, Congress looted India worth billions of dollars. Modi says I want GST for Indians to prosper, congress says no, the court wants to put Sonia in jail. And still people have the audacity to say Modi is a failure and bjp is now getting the same treatment. If any Indian finds this funny, then he is an utter fool. Sonia would laugh in your face that you are a pathetic slave. She is busy trying to destroy India and some Indians on this site actually support them.
This is not a platform to praise modi or sonia or any other politcal personality
Porinju is not a patriot. But a patriot missile. If he falls on you, you will be decimated.
Pappu V/s Feku
Both r same. One speak stupidity another speak anything ..No body knows the qualification of both. Congress & BJP is same. there are around 100 BJP MPs r former congresse.. These polticianas r united only people r divided…Market doesnt need these corrupt people’s support. India saw the mother of a bull market from 2003 to 2007 ( Index 3000 to 21000) under corrupt congress regime..so dont blame BJP+CONGRESS..do your homework & INvest in quality stock.#Valueinvesting