In India, the society is divided on caste basis and hence inequality is embedded in the DNA. The various caste leaders have become the neo- Brahmins of their castes. In Hindu mind there is no concept of absolute truth and everything is relative. Punishment varies from caste to caste. There is no conception of equality before law and worse, neither of conflict of interest or perjury. Asatyemev jayate has become our national logo.
Below is an article from Outlook exposing how rich industrialists, traders and other business people have become members of Parliament, even ministers ( mostly by money power including purchase of voters ,even of assembly members ) and influence policies and decisions of the government of India. No wonder the artificial prosperity based on steep valuation in the price of land and property and increasing equity from incoming investment i.e. from stimulus funds in USA amounting to more than $ 3 trillion, which have nothing to back them and exist only on computer screens, have made stock exchanges over the world like casinos. Without increased industrial growth and progress in agriculture the economic growth story will remain ephemeral and shaky.
Conflict of interest ?
Su Casa Es Mi Casa OUTLOOK
Businessmen-turned-MPs and public policy.
P.B. Kore of the BJP, M.A.M. Ramaswamy of the JD(S), D.R. Meghe, Cong: standing committee on health though they are in the management of medical colleges
Venture capitalist Rajeev Chandrasekhar, industrialist Vijay Darda: finance committees
Vijay Mallya, owner of Kingfisher airlines: civil aviation committee
It's an intriguing time for a private member's bill to come on 'conflict of interest'. Congress MP from Tamil Nadu Sudarsana Natchiappan moved one such, titled Prevention and Management of Conflict of Interest Bill, on April 27. About the same time, another Congressman from Tamil Nadu, Union home minister P. Chidambaram, was being attacked by the Opposition for allegedly protecting son Karthi Chidambaram's business interests in a telecom deal when he was finance minister.
Besides the immediate uproar, this is a serious issue that's been eating into the "integrity quotient" of Parliament. Two years ago, the then Union urban development minister S. Jaipal Reddy had cautioned that nearly one-fourth of all Lok Sabha members could potentially have conflicts of interest with the business of the House. He was quoting a study conducted by the National Social Watch Coalition, which claimed 128 out of the 543 members of the 15th Lok Sabha belonged to the business class, which potentially may have conflicts of interest while participating in parliamentary deliberations on public policy.
Navin Jindal, Industrialist Navin Jindal, Congress MP, was on the PAC till last year
Rajeev Chandrasekhar, Venture capitalist from Karnataka one of few MPs on finance panel
Vijay Mallya, Kingfisher head on the standing committee on civil aviation
Rahul Bajaj, Bajaj Auto boss asks queries on auto industry. CPI (M) MPs object.
"When rich people come into Parliament, can you avoid a conflict of interest?" was the minister's candid reaction to the study. It is in this background that this bill acquires significance. First a caveat: several thousand private member's bills are said to be pending for introduction. The few which are introduced depend on a draw of lots. And what's more, the introduction itself may not mean much as members may have to wait before the bill comes up for discussion. The system allows very few such bills to secure the approval of both houses and become law. Which is why, Natchiappan, a lawyer by training, is realistic. "At least, the bill was introduced," he quips (see interview).