Saturday, June 06, 2015

Corruption can be eliminated only through speed.

The Professional Examination Board scam in Madhya Pradesh, also know as the Vyapam scam, involved selling seats in medical and engineering colleges for money. Around 1800 people, mostly students and parents, have been arrested so far and police are looking for another 800. These are merely small fry, the big fish are all at large, busily getting rid of evidence. Apparently 41 suspects connected with the scam have been killed so far to scare off whistle-blowers. The list of deaths includes Namrata Damor, a medical student, DK Sakhale, former Dean of Jabalpur Medical College, Vijay Singh Patel, a pharmacist and Shailesh Yadav, the eldest son of the Governor, Ramnaresh Yadav. We are talking an immensely powerful criminal gang of the level of Dawood Ibrahim here. One can understand buying seats in engineering colleges but why waste money on buying medical seats when pharmacists, physiotherapists, homeopaths, vaids and even unani fellows are allowed to call themselves doctors, prescribe all allopathic medicines and even perform surgery? MP has a BJP government but Congress honchos seem to be curiously silent about this enormous crime being committed on the people, while banging on about trivia, such as the ' suit boot ki sarkar '. Then we have the former telecom regulator accusing the former Prime Minister of actively helping the culprits in the 2G scam, prompting the ex-PM to say that he did not use public office for personal benefits, which is not the point and definitely not true. The ex-PM is also being accused of having presented coal mines to Mr Naveen Jindal, who was a Congress MP at the time. All these crimes led to the generation of massive amounts of black money. It is estimated that $44 billion was being transferred out of the country every year over the last decade, 120% more than the government's education budget and 100% more than the healthcare budget. But what about civil servants enjoying Rs 1 billion of aid money in hotel bills, travel and on good food after floods in Uttarakhand in 2013? If all the money was spent locally and not siphoned off into bank accounts then was it not a good thing? Uttarakhand depends on tourists for a large part of its income and after the floods even the largest city, Haridwar was empty so an injection of Rs 1 billion into the local economy would have been a welcome stimulus. Only a fraction of black money is transferred abroad. Most of it is in real estate in India. In a sign that the government's efforts against corruption maybe working real estate prices are dropping and even the cut of 25 basis points in the repo rate could not stop stocks in construction firms from tanking. Witnesses get killed because cases drag on for ages. Will our judges speed up the system?

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