Day on day magnitude of these Headlines & Scams is increasing exponentially.It is extremely difficult to find out a single positive vibe on newspaper and television news channels these days. Its very disturbing where are we heading towards,a decade back there was a India which was suppose to lead world economy we were among fastest growing economy (still we are 10th largest economy of the world in terms of GDP)and we were in race with our neighboring counterpart China who is now leading towards developed nation and we are left far behind in this race. The things which are dragging us behind are scams corruption,political instability and inefficient leadership.
For instance, Transparency International’s Corruption Perception Index (CPI) where India’s rank has been slipping consistently languishing at the 95th position now with a score of 3.1 (on a scale of 10), a sizable 23 ranks down from 2007! We are far behind China that stands at 75th position with a score of 3.6. CPI score is not only about corruption but is more about the way corruption has got institutionalised in our system. India fares badly on almost all parameters considered under CPI like bribery, extortion, nepotism, patronage, graft, embezzlement. The 2G spectrum scam, CWG scandal, cash-for-vote bribery case have set infamous benchmarks on all these parameters and surely are the reasons for such poor showing in the index.
Interestingly, all the least corrupt countries like New Zealand, Denmark and Finland with 9.5, 9.4, and 9.4 scores respectively are not just socially developed but also economically progressive. And that’s why these are those nations that experience very few cases of crime, corruption and other forms of social malaise – unlike India. Even though we had so much turmoil going on still our economy is not that bad in shape.Imagine if all that money would have channelized evenly,there could have so much liquidity in the system which we could have utilized in nation building projects, Expressways,Roads,Bridges,Canals,Agriculture and Educational Institutions.
As per reports India has more black money stashed in Swiss banks than all other countries combined! That’s a truly mind boggling data! The number eclipses $1,500 billion, a figure that no one else can touch or even come close to. A distant second on this ignominious list is Russia with $470 billion black money, followed by UK with $390 billion and China at $96 billion.Its Strange,it should be actually added in Ripley's Beleive it or not fact book. It is nation where in the name of Democracy and independent judiciary rulers of this nation make fun.
The Trumpet of Democracy which we always blow is actually fake.Meaning of democracy has been changed by these white collared rulers. Democracy no longer is the People,by the people ,for the people.It is actually a game of few or in better words musical chair in which one sits for 5 years and then other replaces it for next 5 years. But as usual what are we doing from past 65 years is same legacy we are still carrying,we don't prevent scams and national loses but we prefer to investigate it for infinitely long years in which again we loose man-hours and money.What for CBI is made for? Its sole task is to investigation and it always remains the puppet of ruling party.Their jobs profile ranges from finding out missing dog of minister,from wiping out running nooses of their kids to investigate national Scams against those who are their own bosses. Hard to beleive but known fact that, till the time investigation gets completed judiciary gives its decision 2-3 generation gets passed.And in the meantime some new Scam erupts and again the same viscous circle of investigation and allegations is followed.
Few years back when whole world aspired India as emerging global leader now looks at us a country of economic failure ,political instability and corruption hub. We have downgraded our image in front of global arena. Global temperaments have started indicating like Standard & Poor had downgraded the rating outlook in April, citing poor public finances, rising fiscal burden and the government's failure to push through crucial reforms.Its implications are country would face much higher costs for its future borrowing as its credibility will not be considered high and fewer lenders would want to invest. This loss of confidence would result in an outflow of funds from the equity markets as well because then investors would begin to have doubts about the economy as a whole.
Another Beauty of Democracy is (i will say misfortune) of our nation is coalition governments,coalition was supposed to provide variety of constructive inputs from each section of political representative but now it has became a tool of blackmailing , because of which no autonomous decisions can't be taken,stringent laws can not be passed.economical reforms can not be done because coalition means you have to follow policy of Appeasement. In country like India where younger population is growing and could be decisive in shaping future of our country.Recent scams have only sowed seeds of discontent,corruption, perhaps is fast wearing down the belief in the State. Such a development would not only be dangerous for the society but also threaten the very integrity of the nation at large.Our & Global economic indicators are revealing the hidden dangers of shameful deeds ,but how can we improve our moral indexes is there any way??
