My Singapore-based economist friend put the whole corruption issue in an economic perspective. "Indian systems and structures have always been geared to manage the Hindu rate of growth – 3.5% between the 1950s to 1980s. What you are seeing is the inability to cope with 9% plus growth, economically, socially and politically.”
Well. More and more bigwigs are being chargesheeted and going to jail on charges of corruption. Unfortunately, many of us believe they will somehow extricate themselves, using money, influence or both. I will come to that in a moment. Lets take a look at Tihar’s well-heeled jailbirds. Presently, they range from accused in telecom spectrum allocation to Delhi’s Commonwealth Games (CWG) scandals.
There are four kinds of people in from the abovementioned crop. The first is founders of organisations, like realtors Shahid Balwa of DB Corp and Sanjay Chandra of Unitech. To understand their wealth in perspective, Shahid Balwa apparently asked Central Bureau of Inv…
Well. More and more bigwigs are being chargesheeted and going to jail on charges of corruption. Unfortunately, many of us believe they will somehow extricate themselves, using money, influence or both. I will come to that in a moment. Lets take a look at Tihar’s well-heeled jailbirds. Presently, they range from accused in telecom spectrum allocation to Delhi’s Commonwealth Games (CWG) scandals.
There are four kinds of people in from the abovementioned crop. The first is founders of organisations, like realtors Shahid Balwa of DB Corp and Sanjay Chandra of Unitech. To understand their wealth in perspective, Shahid Balwa apparently asked Central Bureau of Inv…