Thursday 27 March 2014

AAP CANDIDATE SATISH JAIN TO STAY OVERNIGHT WITH SLUM DWELLERS TO UNDERSTAND THEIR PROBLEMS

Mumbai: Aam Aadmi Party (AAP) Lok Sabha candidate from North Mumbai constituency, Satish Jain will stay overnight with slum dwellers of Malvani in Malad West, a suburb of Mumbai, tonight, to better understand the problems and issues faced by them. The stay will be preceded by multiple meetings and a dinner with the residents.

“The issues faced by slum dwellers are different from middle and upper class. Through this exercise we are looking at gaining a better perspective and first hand understanding,” says Satish Jain, an alumnus of IIM Bangalore and one of India’s leading fund managers who quit his lucrative job to join full time politics.

“We will collate all the information and create procedures and processes to address and solve their problems. Decades of mismanagement and corruption are responsible for their current plight. With a little bit of political will and integrity of intent, not only the slum dwellers, but all of us can improve our quality of lives,” says the 45-year old AAP candidate.

One of the youngest political parties, AAP was launched a year back to rid the corruption and rot that set into the system. “Traditional political parties have an interest in maintaining the status quo. Their office bearers are career politicians who make money from fixing and brokering with police, municipality and other statutory agencies. How can anything change if the same set of people are re-elected into Government,” questions Satish Jain.

Part of the core team that developed the manifesto and economic policy of AAP, Satish was also responsible for exposing the recent multi - crore electricity scam in Maharashtra. His entry into politics is preceded by an impressive track record in the financial sector. Rated by many surveys as one of the top fund managers in India, Satish’s career spanned eighteen years in the financial sector and included stints with Morgan Stanley and HDFC as Executive Director and Portfolio Manager. Allied with Arvind Kejriwal since the India Against Corruption (IAC) movement and inspired by the same, Satish Jain has quit his lucrative career to join full time politics. He is one of the 317 candidates fielded by AAP for the current Lok Sabha elections. Other candidates fielded by the party include, Mayank Gandhi from Mumbai North West, Medha Patkar from Mumbai North East, Meera Sanyal from Mumbai South, Phiroze Palkhiwala from Mumbai North Central and Sunder Balakrishnan from Mumbai South Central.

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