Not much hope judging from the past trends ..remember Bofors :-)
Unholy alliance between politics, media and corporate house has tarnished
India Inc image here. In todays world political morality is negotiable and
corruption becomes it currency !!! Wonder how many more scams will pop up -
adarsh, spectrum, Commonwealth games funds misuse etc.
Kudos to Supreme court for asking "Mum" Mohan Singh why he had presided over
the loot ( Rs 1.75 lakh crore ) , was it to preserve himself in power?
I hope judiciary will step up here and punish these guys who were involved in
this irregularity.
> From: cmaha...@gmail.com
> Date: Tue, 14 Dec 2010 09:02:11 -0600
> To: assam@assamnet.org
> Subject: Re: [Assam] telecom scandal in India
>
> >a. Can the system mete out punishment for wrongdoing.
>
> *** What do YOU think Ram? We may not be gods-gift-to-humanity, but have
> enough smarts to observe
> and draw conclusions from trends that we have seen spanning decades. What is
> your take?
>
>
>
> >b.There is a risk that India will evolve toward a condition of oligarchic
> >capitalism, in which the market and
> political power of major corporations will become a drag on long-term growth
> and a source of distortion in policy
>
> *** WHAT policy?
>
>
>
>
>
>
>
> On Dec 13, 2010, at 10:00 PM, Ram Dhar wrote:
>
> >
> > NYT-
> >
> > http://www.nytimes.com/2010/12/14/world/asia/14india.html?pagewanted=1&_r=1&hp
> >
> > interesting observation in that article-
> >
> > a. Can the system mete out punishment for wrongdoing.
> > b.There is a risk that India will evolve toward a condition of oligarchic
> > capitalism, in which the market and political power of major corporations
> > will become a drag on long-term growth and a source of distortion in policy
> > ___
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> > assam@assamnet.org
> > http://assamnet.org/mailman/listinfo/assam_assamnet.org
>
>
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