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CRONYISM IN INDIA
Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...- Club rules need not apply: Reclaiming 'commons' on which Delhi Gymkhana Club stands must be a start for other such returnsThe government has taken control of Delhi Gymkhana Club. This action highlights issues of nepotism and valuable land in other elite clubs a...
- Congress says India needs ‘radical reset’ in economic policy, targets Narendra Modi govtIndian National Congress has criticized the handling of India’s economy, accusing Prime Minister Narendra Modi of prioritizing elections ov...
- 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...
- So, who's a crony capitalist? India favours state support for national champions, not the patronage-driven ineptMisconceptions abound when it comes to crony capitalists. Their fortunes are not merely a product of their proximity to those in power, but...
- From Colombia, Rahul Gandhi hails Bajaj, Hero, TVS as proof Indian companies thrive on innovation not cronyismDuring his Colombia visit, Rahul Gandhi praised Indian two-wheeler companies Bajaj, Hero, and TVS for their success, attributing it to inno...
- 'Brutal tool of economic injustice, corporate cronyism': Rahul Gandhi slams GST, calls for reformCongress leader Rahul Gandhi criticized the Goods and Services Tax (GST) on its eighth anniversary, calling it a tool of "corporate cronyis...
- 'Cronyism' is Modi govt's primary economic policy: CongressThe Congress party criticised the Modi government for fostering cronyism, citing a media report showing increased market concentration in k...
- UPA's 10 years lost decade of corruption, cronyism; PM Modi rebuilt economy: BJPThe BJP criticized the UPA's 10-year tenure as a "lost decade of corruption and cronyism," contrasting it with Prime Minister Narendra Modi...
- Does suited-booted sound more corrupt than khadi-Gandhi cap?Who's more corrupt — the suited-booted or the khadi gang? The answer is there for everyone to see.
- BJP meet hails Modi government's rural tiltThe rural theme of the Union Budget was the highlight of the economic resolution passed on the first day of the two-day BJP National Execut...
- Little sign of Modi cronyism in stock market trendsThe crony theory collapses if we look at Reliance Industries whose share price has risen just 1% since the start of 2014.
- Little sign of Modi cronyism in stock market trendsWhen Modi was elected on May 15 last year, the Sensex was at 27,159. Today , it is up only marginally, at 27,957.So much for the supposed M...
- 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...
- Reform political funding to cure crony capitalismOnce funding becomes transparent, cronyism will be difficult. India has the means to do this, if only the political will can be mustered.
- India Inc rallies against political witch huntThe FIR filed against one of the top businessmen in the country, the petroleum minister and others has rattled India Inc.
- Need for foreign investment: Why Russia can afford crony capitalism, but India can'tVladimir Putin can afford to keep the charade of the economy going because Russia is big and rich enough in natural resources. Indian leade...
- 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%.
- BCCI politics similar to national politicsWhat we are witnessing in the BCCI today is but an extension of a wider culture that permeates our society: a culture of cronyism.
- 2G case: Real message of verdict is the need to change the way the private sector deals with governmentThe real message of the Supreme Court judgment in the 2G case is the need to change the way the private sector deals with governments in In...
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