Thursday, February 10, 2011
Image Courtesy: The Hindu
World is trying to balance itself on an unstable fulcrum after Global melt down, a great recession, civil wars, currency wars, huge unemployment & deepening corruption. This season has had a great impact on political & market structures while scams being exploded.
India is seeing worst of its scams where huge money is siphoned through endless political scams. 2G spectrum scam where former Telecom minister A. Raja was alleged to have caused a huge loss to exchequer, Mining scams and land scams in Karnataka, where Karnataka Governor ordered for probe against CM Yeruduppa, Realty scam where large number of companies are involved, Black money cases etc.. The list is endless involving politicians of various designations.
It is a good sign that these scams are coming out (at least now) and there is a good response from the honorable courts in dealing these cases. In most of these cases honorable courts are ready to sack the criminal politicians. The Supreme Court of India has ordered government to setup a special court to deal 2G scam. In another instance the court awarded rigorous 1 year imprisonment to a former minister of Kerala.
Years after globalization people became vigilant about the economic reforms supposed to be implemented and now started questioning their governments. With so much of corruption rooted deep into the fundamental units of service the world will have to fight tougher to realize their rights and place.
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