Saturday, February 25, 2017


Kolkata Medical Treatment is being defamed very intelligently by the Private Hospitals and other states are making huge money. This article depicts the picture of the same. All these Private hospitals plays the game of defaming Kolkata’s medical facilities.  All these private hospitals are creating fear of medical treatment in KOLKATA and shifting patients directly or indirectly to other states for treatment. This have been tricky game being played over the last 15 or 20 years and just calculate the loss to the West Bengal government. Don’t believe me. Think what I  have written and then find the real reason for defaming Kolkata’s Medical Industry. You will get a clear idea why, how they are playing this game over so many years in the last 15 to 20 years. They are simply making Kolkata poor and defamed.Its strategy of State Business Development. 

Apollo is one of the key gainer of this type of Business strategy. Since Apollo is the only name which comes in mind when we think of treatments outside of Kolkata. MEDICAL negligence have become very strong and now its high time people should know that Consumer court is their where no fees are required for filing case.They are playing the game deliberately. Also their threat of Living the City and taking Apollo out of Kolkata is going to be big loss for the Hospital Giant and hence they will never do it in their life.

They have created great advertisements to attract patients. They have taken advantage of the deliberate collapse of Public health facility and indirectly created fear of poor health facility at Kolkata.

These hospitals often say even in the last discussion Apollo Hospital CEO-Rana Das Gupta said that they use high cost of advanced medical equipments to do treatment and hence the cost escalates for the treatments. 

Hospital gets huge benefits under taxation schemes and also for having huge hospital capacity.  These hospitals enjoy stupendous taxation benefits spread over s long term which reduces the impact on its books of profits earned by the hospital. They don’t write off the entire cost of the highly priced medical equipment at the 1st year. They split the price and take various income tax exemptions across all segments.

Now Kolkata is being defamed that Medical Treatment is of very low category and hence best is to get into different states for Medical Treatments.  This has been one of the most common statements being heard and implemented in Kolkata for any treatment. They leave the city of Kolkata and get into states Like Chennai, Kerela, Hyderabad, and Bangalore and mostly in the southern state of India.

The southern states of India earn huge money from Medical Tourism. Medical Tourism is big industry in India. Just take the following factors which increase the revenue for the other states in terms of Medical Tourisms at the cost of Kolkata:
·         Lodging Cost-taking house under rental for unknown period
·         Foods- Huge market as mostly people are busy at hospitals they have no time to cook food hence huge market for restaurants
·         Public and Private Transport- One of the strongest revenue source for the people who come in other states for travelling.
·         Diagnostic and medicine/pharmacy: huge state govt revenues from these sources

On an overall basis its can be easily identified that Kolkata is being defamed deliberately and other states are making money at the cost of defamation. Sothern part of India have gained huge name in terms of medical segment due to the tricky game played by these Chennai based or South Based Hospitals in other states. Apollo is the only name which comes in mind when we think of treatments outside of Kolkata.

Now the process of defamation is very easy. This negative marketing of Apollo and Kolkata’s other Private Hospitals will make huge money now and also other states since this defamation will lead to flight of patients to other states for treatment.  CPIM have played the game very interestingly. They invited private hospitals and later on shifted the patients by creating fear to other States.

The side  data of Apollo hospital according to its investor Presentation March 2016 its shows that they have increased their beds in Hyderabad and Chennai and not much in Kolkata. Reason is simple Apollo is defaming Kolkata and making other states rich. This  a huge revenue loss to the state of West Bengal. The data shows Hyderabad and Chennai are the prime zone.

Now Rupali Basu of Apollo hospital threatens that she will  exit Apollo from  west Bengal  whuch will create 50000 people to lose job in Kolkata. Well it be a boon for state since the state if they exit since the city of Kolkata will get 50000 trained manpower in medical system which many other private hospitals and Public hospital might absorb the manpower. Now loss will happen to Apollo since they exit form state completely. Double loss will happen since no one will visit Chennai and southern part of India for any treatment

Its good to be smart but not think others to be fool.  Even Some Lawyers can file PIL taking several clients together to get justice. We should not bog down to these devils of the medical system. We spend money hence we are clients to the hospital. It’s the duty of the hospital to provide best medical services. 2ndly doctors should now be treated with hard hands with Zero tolerance of their activities. If we don’t stop these things here don’t worry next time you will be the victim either of Apollo or some other hospitals.

Friday, February 24, 2017


Being a Journalist I find its high time to let the world know about the Hospital Business being managed by Apollo Hospital.  In continuation to my previous article  Apollo hospital today killed a patient in Kolkata and made a 1 year child orphan. KOLKATA...SNATCHES LIFE AND ASK FOR FIXED DEPOSITS,JEWELLERY AND HOUSE AGREEMENT TO PAY BILLS AND FINALLY THE PATIENT DIES.The hospital has come down to such lower level of making profits that it stopped patient from getting shifted to another hospital and claimed Jewellery, bank Fixed Deposits and Agreement papers of the patient family to pay a bill of Rs 8lcas created wrongfully by the Apollo Hospital. Rana Das Gupta Chief Operating Officer  the CEO of the hospital and Rupali Basu  President and Chief Executive Officer, Apollo Gleneagles Hospitals, Kolkata threaten West Bengal Government that they will close down Apollo Hospital in Kolkata.  They will kill patinets make their life ruined and will threaten after that so that Govt of West Bengal becomes silent.Well they are forgetting its competitive world and if they exit West Bengal a major percentage of their revenue will come down from the West Bengal. You can give your comments here too.

A patient Named Mr. Sanjay Rai  age 30 years who met with an accident on 16th February 2017 on street was admitted to Kolkata Apollo Hospital. The patient was kept in Ventilation where in the documents its was mentioned he is under CT Scan. Within six days the bill amount form Apollo hospital was Rs 7, 41,000. Due to this illogical bill amount the family of the patient took decision about shifting the patient to some other government hospital. They patient family begged for releasing the patient and promised to pay the amount but due to emergency treatment and escalating bill amount. The family begged for 4 hours but Apollo Hospital did not discharge the patient and finally the patient died. First of all he was kept under CT Scan but billed based on ventilator. He was given wrong treatment. Finally the patient died.

The family is now left with a 1 year old child and wife. Who will take care these? Who will take care of the Apollo hospital arrogance and such type of activity? That one year child will never come to know how was his father. Hospital will return will the money buy will they give back life to that father.

Apollo have done many such cases where patient family are being fooled and even baseless, wrong operations and treatments have been given where patients became paralyzed. One of my Friends 6 months daughter went with a urine infection diseases and then they did Brain Operation of the child and finally the child became paralyzed. This story belongs to 2008-2009.

They are threatening Mamta Banerjee that they will take out Apollo hospital from West Bengal. Moreover they are now returning the money back to the family but will they be able to return the Life of that 1 year old son’s father Mr. Sanjay Rai.

Private hospitals have now become money making process and one of the promising and compounding   way to make money since every person on this earth will jump to save their loved ones and hence they will spend everything. Now this is the catching point of making baseless meaningless bills and harassing patients family for paying hefty amounts. Now who else wants to die like this?  They will kill people and then they will threaten. They will charge wrong bills and will kill patients.

I request WHO and Indian Medical governing bodies to take action regarding these Hospitals and their administration.

Tuesday, February 21, 2017


Well this has been a master stroke by Donald for the US economy which will give clarity about how the new era of De-globalization will take birth and exploitation of globalization plays its game in eroding wealth of an economy. He has asked to look over and change the traditional ways of calculating Trade Deficits and unemployment measures. Now let’s delve into the same and figure out the outlook of the Global economy and US markets in the long term.

Currently in US, re-exports, or exports of goods originally imported from another country, from the exports side of the equation are still being counted as the good as an import. Put it in simple example For instance, if a widget was imported from India, that would count toward the deficit as an import. If that widget is then sold from the US to a retailer in the UK, it would not count as an export in the ledger, making the deficit increase.  Now Donald wants separate data for the same. He wants only exports of goods that are produced on US soil count as real exports. The new method would exclude re-exports when calculating exports in the trade balance statistics Re-export means a re-export is a good that is unchanged before being transferred to a third country, while a broader definition of re-exports would include goods that undergo some material change, such as value-added service or finally assembly.

Now if this data is being taken out then it will create problem for many countries since its will give a clear picture of the US manufacturing goods in its own land. US might a be a looser in the international trade.

Many economists have argued that the calculation will not consider subtract the imports that go into the re-export from the import side of the trade balance. Well this is being done deliberately to show the world how US economy is being exploited and how trade gimmicks are played. Over the last 15 years China have replaced Made in America with Made in China.

Another major thing which US economy is looking ahead is the process of calculating Unemployment on which the world and me have written million words to describe fault of employment creation and loopholes in unemployment data.

The official unemployment rate is the U-3 measure calculated by the Bureau of Labor Statistics. This measure includes people that are unemployed and have looked for work in the last six months. Now the new method, BLS’ U-5 unemployment measure where it includes discouraged and marginally attached workers which are Americans that are unemployed and not in the labor force but ready and willing to work.

Another figure, called U-6, includes those people and the underemployed — people who technically have jobs but are not getting full-time hours or wages. All these 3 segments are calculated but only U-3 is being considered for decision making.  Now change of decision making data will make Fed to stop rate hikes in the long term.

Now from the above its clear the trade war will be more number driven game followed with employment generation. Many countries are going to find no answer even to the WTO community and other international trade bodies. US numbers might even get cooked to uplift the commitments of Donald in the long term. A war with numbers often goes wrong when bias is backed the same.

Another figure, called U-6, includes those people and the underemployed — people who technically have jobs but are not getting full-time hours or wages. All these 3 segments are calculated but only U-3 is being considered for decision making.  Now change of decision making data will make Fed to stop rate hikes in the long term.

Now from the above its clear the trade war will be more number driven game followed with employment generation. Many countries are going to find no answer even to the WTO community and other international trade bodies. US numbers might even get cooked to uplift the commitments of Donald in the long term. A war with numbers often goes wrong when bias is backed the same.

Sunday, February 5, 2017


The central banks are thinking of increasing the interest rates in 2017. It have been well clear over the last 2 decades that Financial decision regarding economic segment is being taken by banks rather by government driven economic policies. The proof of the pudding is that the central banks reduced interest rates but never looked into where they are being deployed. This have been one of the prime reason where its being found that the world is having a debt pile of $152 trillion, or 225 percent of the world’s GDP, according to the International Monetary Fund. Now what does Debt to GDP deficit means? It means that the debt which have been raised have not being deployed to increases in output, so it cannot be paid back in the future.

Dowjones might be 20000 but its corporate profits are plummeting and at the same time they are having      a total debt (including government and private) exceed $62.5 trillion, or 334 percent of GDP, according to current Federal Reserve data. This translates to $196,000 for every man, woman, and child in US country. Now a question might come up that if Debt to GDP ratio is US economy is so high then where did the Zero interest based funding went and how did the Dowjones climbed to 20000. Buyback of shares have resulted to Dowjones to climb and also shareholders made the actual money. Now lets get into the Nuclear bomb which created 2008 recession: Mortgage.

Analyzing the data of the US debt its being found that as per the first quarter of 2016, 12.7 percent of homeowners owed more debt that valued against the property they had in their table of Mortgage. As of the first quarter of 2016, 12.7 percent of homeowners owed more than their house was worth. This means household debt is very much strong and these economic trade wars which will increase the cost of products in the long term would create ripple effect for the US economy in the long term. Consumption growth will slide in US economy as interest rates climbs and servicing the interest cost on these debts becomes a nightmare story.

Banks have stopped lending and now the situation is getting into liquidity trap. Increasing the minimum wage in US will push up the cost but at the same will push up more borrowings rather focusing on proper economic growth. When interest rates starts climbing it means credit scores comes under lens and it makes hard to borrow.

Now drilling the data of US debt pile its being found that total financial sector debt currently makes up $15.6 trillion of the $62.5 trillion total, which consists of government debt, households, private financial companies, and private non-financial companies. People have invested heavily in financial products in US and other parts of the world and now any correction of massive level will create not only erosion of investments but again a debt pile due to margin exposures. Zero interest rates and unlimited profits from trading have made positions over leveraged. As the cost of capital is zero profit is just a multiplier activity.

Household debt and private debt is the biggest risk and the numbers are just growing up. Now lets get into how much the Household Debt to Income really works out in order to know how much they are able to service the interest cost relate to the same. It reveals that data it has declined only in the past 8 years. Household Debt Service Payments as a Percent of Disposable Personal Income is only showing decline.  The global economy is at risk and this debt will take a create plunge since most of capital have been either to create host towns and buy back of shares. Gross Fixed Asset formation has been useless since it have been less of real benefit to the society.  Bridging the urban and rural gap should have been the ideal strategy for every economy to grow and deploy capital and make circulation of capital in the economy. Most of the money which have been injected have been less of economic benefit and more of stock market.


Well their used to be a debate among the global financial players about which place will be the hub for the global financial market, will it be London or Newyork.  In today’s time we all know the truth. Well what I am concerned in my research is that Trumppolinomics will create huge problem for the US based banks to operate in those countries where Trump will enter into trade and investment fight. Global Banks are at high risk levels now. Their profits are declining, they have complex products to deal with , followed with many legal cases due to violation of norms and practices and now the new feather in the cap arising from US based trade practices.

What I find is that local banks should be strengthened and their share prices will go up significantly as flight of business and trade will accelerate due to the US economic trade negotiations. We are in a complex world filled with complex business structures. Central banks across the globe might be getting ready for increasing the rate of interest to get inflation back in their economies. But silently as new trade agreements are being placed form Trump, it will create an automated inflation among many countries. Commodity prices will go up significantly as cross border taxation norms are revised. We should not forget that US is a strong market for the commodity based exchange. Hence rattle in Dowjones will lead to open up opportunities in Commodity exchanges.

Asian Banks operating in foreign countries restricted to Europe only are going to get benefit. They will have more opportunities of growing business and entering into new trade opportunities. Banking industry will also face the collapse of bonds and there will be no takers at the local levels of the foreign countries where US banks are operating. The death spiral will be too strong and the depth of the carnage will be strong too.   Complex debt products and equity stakes through Private Equity and M&A deals will come to a halt and this will affect the global economic growth in the near term.

 Governments of different economies with whom US is preparing war need to focus on their local banks and strengthen their business and should promote them. Capitalism is coming to an end from the US economic policies and hence local governments should focus on their own business.  The delay and affect of  Trumpolinomics will create should be annihilated from now provided the economies gets into serious business of strengthen the business of their own locals.

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