Lack of trust in businesses & government, says Arun Maira

NEW DELHI: Planning Commission member Arun Maira feels people of India have lost trust in government institution and businesses. Maira's statement on the state of governance in the country comes days after the Congress suffered humiliating defeat in the elections for four states, losing power in Delhi and Rajasthan, largely on issues of poor governance, corruption and lack of transparency.

The main Opposition party managed to retain power in Madhya Pradesh and Chhattisgarh, wrested power in Rajasthan and is the biggest party in Delhi. Congress only managed to retain hold in Mizoram.

"There is a complete shattering of trust in institutions, both businesses and government and leaders of all those institutions. One has to be integrated with one's society and one's surrounding and must be true to the own values and principles," he said.

Maira was speaking at an event on governance, organised by the Confederation of Indian Industry (CII), on Tuesday.

According to Maira, there is fear among citizens that closeness of businesses with the government is leading to more corruption and crony capitalism and there is very little transparency left.