CRONY CAPITALISM IN INDIA Unholy Alliance India’s political-business nexus has evolved from petty rent-seeking into something more corrosive: a structural fusion of state power and private capital that threatens both market competition and democratic legitimacy. Chuppala Nagesh Bhushan THE ANATOMY OF CAPTURE CRONY CAPITALISM is an imprecise term. In India it describes something more specific: a symbiotic relationship between politicians and industrialists in which each provides what the other cannot obtain through legitimate means. Politicians supply regulatory favours, public contracts and protection from competition; industrialists supply election finance and the media access that modern campaigns require. The arrangement is self-reinforcing and, by now, deeply structural. Its roots predate liberalisation. The “Licence Permit Raj” of the post-independence decades institutionalised discretionary state power over private investment. The 1991 reforms ...
Regional Politics vs. Social Justice: Who Really Benefits? The Distraction Trap: How Regional Hatred Derails Bahujan Progress Beyond Borders: The Unfinished Business of Social Telangana T. Chiranjeevulu IAS(Ret) , Founder and President of BCIF( BC Intellectuals Forum) Twelve years have passed since the formation of Telangana state. The intense regional sentiments and political tensions that were prominently visible during the state's bifurcation had gradually subsided, and the people of both Telugu states had reached a stage where they were focusing on issues like development, employment, education, healthcare, and welfare. However, looking at the statements being made and political programs being organized by certain political leaders in recent times, suspicions are emerging that there are renewed attempts to inflame regional sentiments for political gain. Remarks made by some leaders suggesting that the word "Telangana" has no place in the legal dictionary, attemp...