CPM’s Karat slams business-politico nexus

17 Dec 2010

1

Calling the spate of corruption scandals involving the UPA government ''a systemic rot'', Communist Party of India (Marxist) general secretary Prakash Karat has reiterated the opposition demand for a joint parliamentary committee probe into the 2G spectrum allocation scam.

In an article titled 'The spectrum of big business and politics in the coming issue of party weekly People's Democracy, Karat says, ''With liberalisation and deregulation, the entire (government) policy itself is put up for sale."

Lashing out at the big business-politician-bureaucrat nexus, Karat demanded that action also be taken against corporate houses which who suborned and bribed.

He raised a spate of questions on new telecom minister Kapil Sibal's moves - ''What is the need for an internal enquiry committee when already notices have been issued to 85 telecom companies asking why their licences should not be cancelled? Why is the minister not categorical about declaring that licences will be cancelled of all those companies that have adopted illegal means? Why is the minister stating that auction of spectrum may not be the best way forward?''

He further says, "Both foreign and Indian big business houses are free to make the highest bid for policies for an entire industry. Such policies can be changed overnight, if the price is right. This has happened most blatantly in the case of the telecom sector and is continuing with the liberalised policies in the power, oil and other major sectors."

Although widely seen as an obstructionist propounding a discredited leftist agenda, Karat's latest comments probably resonate with the current public mood. 

Latest articles

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Musk ramps up SpaceX moon plans as Bezos accelerates Blue Origin in race against China

Indians can now travel to 56 destinations without prior visa as passport ranking improves

Indians can now travel to 56 destinations without prior visa as passport ranking improves

CEO says EU’s IRIS2 must match Starlink on price and performance

CEO says EU’s IRIS2 must match Starlink on price and performance

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Applied Materials jumps 12% as AI chip demand drives strong revenue forecast

Opening the silos: India approves 3 million tonnes of wheat and product exports

Opening the silos: India approves 3 million tonnes of wheat and product exports

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

Capgemini beats 2025 revenue target as WNS acquisition boosts AI-driven growth

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

The deregulation “holy grail”: Trump EPA dismantles the legal bedrock of climate policy

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

France-backed Eutelsat beats revenue estimates as Starlink rivalry intensifies

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round

Germany’s Stark reportedly crosses €1 billion valuation after fresh funding round