Congratulations to Pioneer, Outlook, Gopikrishnan and Subramanian Swamy

via Dr S Kalyanaraman published on May 20, 2010

This is a tribute to heroes of the Nation: The Pioneer, J. Gopikrishnan, Outlook and Dr. Subramanian Swamy.

Pioneer, J. Gopikrishnan, Outlook and Dr. Subramanian Swamy should be complimented for exposing and making the judicial system and the nation aware of the mother-of-all-scams called 2G spectrum scam. It is to their credit that the scam was NOT allowed to be repeated; 3G spectrum licenses were subjected to a fair, auction process instead of following the murky 2G spectrum allotment process.

It will be a fitting tribute to their efforts if the judicial system renders justice and punishes the perpetrators of the scam and reaffirms that this nation is governed by the rule of law.

At the same time, it is distressing that the opposition parties did not realise the enormity of the scam and did not initiate effective political strategies to bring the ruling dispensation to account. Opposition parties have to introspect and realise their accountability to the people in conserving the wealth of the nation for the present and future generations, be it the recovery of this spectrum loot or the recoveries of vulgar quantities of monies stashed away in tax havens, thus denying the use of these monies for the nation’s abhyudayam.

The results of 3G auctions  speak for themselves. A whopping 67,719 crore ($15 billion) was realised, double the expected and budgeted revenue. Just compute what the nation would have gained from the earlier 2G spectrum allotment, if only a similar auction procedure was followed.

This success of 3G auction reinforces the nature and magnitude of the 2G scam which has resulted in a loss of not less than Rs. 50,000 crores to the exchequer.

The CBI raids and the revelations about transfers of funds into tax havens, point to the need for eternal vigilance and bringing the culprits to book as a salutary lesson to be learnt by future wheeler-dealers that the rule of law will catch up with the perpetrators of the mother-of-all-scams.

The post-colonial loot, accelerated during the last 5 years surpasses the colonial loot almost by 200%. The monies stashed away in tax havens through participatory notes route and other hawala routes have to be recovered to set India on a path of growth which was stemmed by the mediaeval barbaric onslaughts and later colonial regime. India that accounted for 30% of the world GDP at the turn of the Common Era has to be enabled to gain back its rightful place in the computations of wealth of nations.

Will the politico-s be equal to the challenge to restore India to its rightful place in the comity of nations?

The media has its role to play and should wholeheartedly support the initiatives of Pioneer and Outlook media and recognize the debt that the nation owes to extroarinary, exemplary citizens of the nation: J. Gopikrishnan and Dr. Subramanian Swamy.

After all, it is the role of the Fourth Estate to safeguard and protect the fair functioning of other three estates. The deafening silence of media and some politial parties in turning a Nelson’s eye to the mother-of-all-scams should be a matter of concern to all functionaries of the Fourth estate.

The political system which operations on a bizarre, absurd term called coalition dharma, should also do its bit of self-reform. The ruling dispensation should realise that an enormous price is paid in depriving the poor people of India of their share of the wealth of the nation by allowing coalescing partners to choose ‘prize’ portfolios.  Aha, prize portfolios which allow for price manipulations.

Who’s in charge in ensuring integrity in the Indian polity and its accountability to the sovereign, the people?

Are the politico-s listening? Are the media listening?

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