Congress Leader and Former Finance Minister, P Chidambaram, appears fundamental in his assertion and argument of Crony Capitalism, showing up its pace in the last 6 years.
Speaking at the 25th Wharton India Economic Forum, Chidambaram stressed that India would be unable to inspire any lead if it continues falling and looking on the shoulders of five to six tiny corporates and business houses for toning and transforming its scale and size of the economy.
If startups appear to be creative visualisations of our policymakers, shouldn’t we allow more such corporations and companies to initiate the process forward, bringing in innovations and investments, creating employment opportunities for our population?
We are advancing our economy to growing features and heights, lagging in key areas, with the Modi government’s obsession with neo-liberal policy and welfare schemes by roping a few industrialists and capitalists. How will it be of any purpose to us and for expanding and enriching our growth story?
Summits and conferences are not going to be of any point, but a visible and wise consideration will be decisive in the efforts to boost our confidence and conviction in the system and structure, accommodating and adjusting itself to our realities and not rhetorics.