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CRONY CAPITALISM INDIA
BJP seeks cancellation of Bengaluru tunnel road tender, targets Congress over Adani bidThe BJP has demanded Karnataka government scrap the Bengaluru tunnel road tender, alleging the Adani Group's bid is a staggering 96% over t...- Congress slams govt over 'sluggishness' in private investment, flags ED-CBI-IT 'raid raj'The Congress party has criticized the Modi government for sluggish private corporate investment, citing slow consumer demand due to stagnan...
- MSMEs 'betrayed' in 'crony-centric' budget: Rahul GandhiIn his first reaction to the budget on Monday, Gandhi had alleged that the Narendra Modi government plans to handover the country's assets ...
- Chidambaram expresses concern over crony capitalism, says nation needs not just 5 but 500 biz housesGiving his advice to the government for the revival of economy, the former finance minister said there is an immediate set of things that h...
- View: How the Modi govt can sell stake in PSUs one step at a timeThe intention can be announced today, and a time-bound divestment should be carried out in the open markets.
- View: In Naresh Goyal, competition kills one more crony in IndiaEconomic reforms since 1991 are very incomplete, yet have created enough competition to kill many cronies.
- View: India's crony capitalism claims another victimSC verdict is a blow to RBI, which has been trying to tackle one of the world’s worst bad debt problems.
- Bad populism is the ‘road to serfdom’ for economies: Raghuram RajanRajan said populism done right can make capitalism work better for people, but that’s not always the outcome.
- Insolvency and Bankruptcy Code to end crony capitalism in India: Niti Aayog"Earlier, you could borrow and not repay. Now if you don't pay, you lose your business," Kant said highlighting the major structural reform...
- Absence of pro-competition policy promotes crony capitalism: FM Arun JaitleyJaitley today cautioned that pro-business environment without "pro-competition" policies can result in dangerous consequences, including cr...
- India ranks ninth in crony-capitalism indexThe past 20 years have been a golden age for crony capitalists--tycoons active in industries where chumminess with government is part of th...
- Corruption? Protection rackets more than crony capitalismCritics say economic liberalization has enriched only cronies through monopoly profits from political allocations of land, minerals and spe...
- Why India needs to shun crony capitalismAs India evolves and acquires institutional maturity, it is imperative to shed cronyism from the process of selecting those to accord state...
- Crony capitalism a big threat to countries like India: RBI chief Raghuram RajanReserve Bank of India governor Raghuram Rajan has warned against crony capitalism which he said creates oligarchies and slows down growth.
- Crony capitalism hampers economic growth: RBI governor Raghuram RajanRajan said "crony capitalism", kills transparency & competition & hence is harmful to free enterprise, opportunity & economic growth.
- Combat crony capitalism with greater transparency: CII chiefBesides curtailing the discretionary powers, he also suggested for a balanced approach with a view to promote transparency in processes and...
- AAP is pro-capitalist, not Leftist: V Balakrishnan, Ex-board member, Infosys"What has happened in the gas pricing is a symbol of crony capitalism. It is not about an individual or a company," Bala said.
- How politicians thrived on capitalism even after market reforms to reduce corruptionFrom coal to 2G to Commonwealth Games, and from road to airport projects, several thousand crores have been made by politicians and their k...
- Small businesses in India badly bruised by policy clutter and crony capitalismThis is in stark contrast with the West: in Germany, the mid-cap index is up 33%, in London by 35% and in New York, small caps are up 31%.
- India no more dominated by a handful of business oligarchs: Swaminathan S Anklesaria AiyarSo, it is simply wrong to claim that India is dominated by a handful of business oligarchs with political connections who wreck competition.
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