Ahmedabad: Read more than one newspaper. Make good use of internet. Use you own wisdom because twisting of facts is continuously and shamelessly on.

Attached is image of Gujarat newspaper Divya Bhaskar’s front page top headline today.

What has been published?

Rs 90,000 crore bank frauds in four years after formation of Modi government (in Centre)

What has been omitted?

Rs 90,000 crore bank frauds came to light in four years after formation of Modi government

What has been published?

RBI reveals: Rs 1,23,000 crore bank frauds in five years

What has been omitted?

RBI reveals: In five years, Rs 1,23,000 crore bank frauds exposed (or reported)

What has been published?

Least scams in departing year of UPA in 2013-14 at Rs 10,000 crore, highest in March 2017-18 a Rs 28,000 crore

What has been omitted?

Least scams came to light during 2013-14 at Rs 10,000 crore, highest scams exposed in March 2017-18 a Rs 28,000 crore

What has been published?

In five years, average growth of 4.5% cases (of bank frauds)

How it should be actually read?

Fraudsters face heat: Cases slapped against them at 4.5% year on year growth rate

The daily has in its front page lead report skipped the word ‘reported’ and replaced ‘scams reported’ with ‘scams happened’.

Based on available information, it is like this. Employees in your shop committed fraud under the manager who was the mastermind behind it. You were unaware but due to other scams and lethargy, you brought in new manager. The new manager exposed the frauds under previous manager and initiated strong actions. So because the scams started exposing under new manager, blame new manager for scams.

The story in Gujarati daily is attributed to news agency which is PTI. The original story of PTI is published in the Times of India as it is without twisting ( https://t.co/NjrHDpbvZq ) The original article rightly mentions how Government of India arms CBI and ED(Enforcement Directorate) are working against fraudsters. It mentions: ‘The data assumes significance as central investigating agencies such as the CBI and the ED are looking into various big-ticket fraud cases in banks involving industrialists and others.’

In fact this line is the heart of the story – the original story. Against the wishes of Morarji Desai, Indira Gandhi nationalized the banks. Then the government had control over managers who were controlling trillions of Rupees of banks. Later the games of loans on recommendation, commission and NPA started. This activity was peaking under UPA-2 regime. During the succeeding government tenure, the things have started surfacing and thanks to encouragement of the government, scams are aggressively being reported. CBI regularly updates its press release page, The way it is working against financial frauds is worth noting. The agency was in the past known only as tool to fix the rival politicians. ED website is not that effective, but its twitter handle is active.

DeshGujarat