
It can easily be labelled as the Minstry of Trust. Purveyor in chief of Trust Inc at the high pulpit of the Union. And now Trust Inc has a new issue to grapple with. It has just been accused by the renegade one of fleecing the Union's fertilser and power producers with something called a marketing levy, a term not much in parlance in the usual Corpspeak but has a striking parallel to another instance from the past where the Union was fleeced.
Not so long time ago, Union, in an attempt to brighten its darker territories, invited Enron to build a $3 billion gas based power plant in Dahol, Maharashtra. The darker parts still remain without much light, the Union's attempts notwithstanding. But what remains with me is a statement from Enron's former Chief Executive, the honey-blond Rebecca Marc. She admitted to having spent $28 million on "education fund" for indian politicians.
Now, let's connect the dots. What is this "Marketieng" levy in a marketplace where the Union decides who gets what from the Trust Inc's "basin/bin" and in what quantity? Why a "Marketing" levy when there is no mention of it in the contract signed between the Union and Trust Inc? And why a "Marketing" levy when it is the Union's Empowered ones deciding who all are entitled to partake in the "basin/bin's" produce?
Here is a marketing levy when no marketing is concerned. In Enron's instance, an education fund, where the only ones educated are the ones who can teach a lesson or two to the likes of Marcos' and Suhartos.
The Ministry of Trust of the Union (Not to be confused with Trust Inc) says it has not allowed any marketing levy to be charged. The Union meanwhile, continues to be fleeced twice over. On one level, its getting no share of this marketing levy, on another, the producers keep getting subsidised by the Union of the higher prices because of the levy charged.
Nice cozy arrangement, this.
Marketing levy,Education fund, i keep getting confused....
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