Once in a Blue Moon Academia (OBMA)

  An Open Letter to Shri Ajit Doval: Addressing the Menace of Superrich Wilful Defaulters An Open Letter to Shri Ajit Doval: Addressing the Menace of Superrich Wilful Defaulters Posted on 5th January, 2025 (GMT 13:30 hrs) ABSTRACT The open letter to Shri Ajit Doval, India’s National Security Advisor, highlights the escalating issue of superrich wilful defaulters undermining the nation’s economic stability. It contrasts the swift penalties faced by ordinary citizens for minor loan defaults with the impunity enjoyed by affluent defaulters, who collectively owe approximately ₹90,000 crore. Public Sector Unit (PSU) banks have written off substantial sums, including ₹68,000 crore during the second wave of COVID-19, raising concerns about financial governance and equity. Despite Red Notices from the National Crime Bureau, international actions, particularly by Interpol, have been ineffective, allowing individuals like Vijay Mallya, Nirav Modi, and Mehul Choksi to evade justice abroa...

 The Gujarat Gavelkind: Being Parochial, Being Partisan? The Gujarat Gavelkind: Being Parochial, Being Partisan? Posted on 13th November, 2024 (GMT 11:57 hrs) ABSTRACT This blog post from OBMA critiques the BJP’s alleged “Gujarat-centric” favouritism, discussing the state’s influence in judicial and economic matters, especially in cases like the DHFL scam involving prominent Gujaratis in positions of judicial authority. It points to instances of Gujarat singlehandedly predominating the list of superrich Wilful Defaulters, Gujarati Companies donating astronomical figures through the opaque electoral bonds, tax benefits specific to Gujarat’s Hindu Undivided Families (HUF) system, and recent investment redirections that seems to prioritize Gujarat at the expense of other states. The post argues that these practices uses politically filtered terminologies such as “Gujarat Model” and “Gujarat Pride” to favour Gujarat’s elites, thereby aligning with BJP’s broader Hindutva and crony ...