In the sixth part of
the series on corruption in modern India, Alam Srinivas looks at how crony
capitalism became systemic. This was despite the government’s focus on public
sector, and the controls imposed on the large private enterprises through the
Licence-Permit-Quota Raj.
February 22, 2019
Corruption: From Raj to Rafale 6 :Licence toLoot
In the sixth part of
the series on corruption in modern India, Alam Srinivas looks at how crony
capitalism became systemic. This was despite the government’s focus on public
sector, and the controls imposed on the large private enterprises through the
Licence-Permit-Quota Raj.
Cover Story: Hobson’s choice
Almost seven decades
ago the Indian Constitution came into force. Its Preamble had key words that
were aimed to create an idea of a new nation, a country of the future. Since
1950, we have slipped further into the past, and each of the terms that were
designed to give our society a new modern identity have been flouted and
vandalised. Let us take each of them. The nation was to be sovereign. Ever
since Independence, the ruling regimes became dependent on superpowers, be it
Russia or the US. India was to emerge as a socialist country, where the means
of production, distribution, and exchange were to be owned and regulated by the
citizens. Cover story: Reclaiming the India
India Republic has turned 70. In the run up to
India’s independence, the Constituent Assembly was entrusted with the task of
drafting a ‘Charter of Governance’ for the nation’s teeming and parched
millions emerging out of the shadow of slavery into the glow of freedom. The
Assembly began its deliberations on December 9, 1946.Cover story: India Democracy - precipice of collapse
Unfortunately, or fortunately,
Agenda 2019 will comprise the same issues as Agenda 2014. Despite a political
wave a few years ago, and flamboyant promises of a complete transformation of
the nation, the on-ground reality remained the same. In terms of politics,
economics and social change, the country has possibly inched forward. The more
things were expected to change, the more they remained the same. In the
bargain, several grand opportunities were lost.
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