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Indias revolution
By RAJENDRA K. ANEJA, DUBAI
Published: Apr 12, 2011 00:31 Updated: Apr 12, 2011 00:31
The chief of the esteemed Tata Group in India has warned that India too could be heading for a public uprising on the lines of Tunisia, Yemen, Libya, etc., due to high-scale corruption.
He is absolutely right. Corruption, like a tsunami, is blowing across India destroying everything on its path. The figures of defalcation are astounding: $ 39 billion in telecoms, billions of dollars stashed in unaccounted foreign accounts! Ordinary Indians are livid. Politics in India has become the science of looting the public exchequer.
Then there is the question of inequities: The 8/9 percent growth in GDP has brought only negligible to marginal improvement in the lives of ordinary people, especially those who live in the slums in urban areas and the villages. About 25 percent of Indians live below the poverty line.
Meanwhile, inflation touching 8 to 11 percent is making life miserable for the poor and lower middle classes. Added to this is the tardy to pathetic development in infrastructure even in urban cities like Mumbai.
Yes, this is a recipe for a revolution or disaster.
© 2010 Arab News
By RAJENDRA K. ANEJA, DUBAI
Published: Apr 12, 2011 00:31 Updated: Apr 12, 2011 00:31
The chief of the esteemed Tata Group in India has warned that India too could be heading for a public uprising on the lines of Tunisia, Yemen, Libya, etc., due to high-scale corruption.
He is absolutely right. Corruption, like a tsunami, is blowing across India destroying everything on its path. The figures of defalcation are astounding: $ 39 billion in telecoms, billions of dollars stashed in unaccounted foreign accounts! Ordinary Indians are livid. Politics in India has become the science of looting the public exchequer.
Then there is the question of inequities: The 8/9 percent growth in GDP has brought only negligible to marginal improvement in the lives of ordinary people, especially those who live in the slums in urban areas and the villages. About 25 percent of Indians live below the poverty line.
Meanwhile, inflation touching 8 to 11 percent is making life miserable for the poor and lower middle classes. Added to this is the tardy to pathetic development in infrastructure even in urban cities like Mumbai.
Yes, this is a recipe for a revolution or disaster.
© 2010 Arab News
