oppn parties Prove Quid Pro Quo Before Faulting PM For Meeting Businessmen

News Snippets

  • The Indian envoy in Bangladesh was summoned by the country's government over the breach in the Bangladesh mission in Agartala
  • Bank account to soon have 4 nominees each
  • TMC and SP stayed away from the INDIA bloc protest over the Adani issue in the Lok Sabha
  • Delhi HC stops the police from arresting Nadeem Khan over a viral video which the police claimed promoted 'enmity'. Court says 'India's harmony not so fragile'
  • Trafiksol asked to refund IPO money by Sebi on account of alleged fraud
  • Re goes down to 84.76 against the USD but ends flat after RBI intervenes
  • Sin goods like tobacco, cigarettes and soft drinks likely to face 35% GST in the post-compensation cess era
  • Bank credit growth slows to 11% (20.6% last year) with retail oans also showing a slowdown
  • Stock markets continue their winning streak on Tuesday: Sensex jumps 597 points to 80845 and Nifty gains 181 points to 24457
  • Asian junior hockey: Defending champions India enter the finals by beating Malaysia 3-1, to play Pakistan for the title
  • Chess World title match: Ding Liren salvages a sraw in the 7th game which he almost lost
  • Experts speculate whether Ding Liren wants the world title match against D Gukesh to go into tie-break after he let off Gukesh easily in the 5th game
  • Tata Memorial Hospital and AIIMS have severely criticized former cricketer and Congress leader Navjot Singh Sidhu for claiming that his wife fought back cancer with home remedies like haldi, garlic and neem. The hospitals warned the public for not going for such unproven remedies and not delaying treatment as it could prove fatal
  • 3 persons died and scores of policemen wer injured when a survey of a mosque in Sambhal near Bareilly in UP turned violent
  • Bangladesh to review power pacts with Indian companies, including those of the Adani group
D Gukesh is the new chess world champion at 18, the first teen to wear the crown. Capitalizes on an error by Ding Liren to snatch the crown by winning the final game g
oppn parties
Prove Quid Pro Quo Before Faulting PM For Meeting Businessmen

By Sunil Garodia
First publised on 2018-07-30 20:08:54

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator.
When people say that it is not good for the Prime Minister to be seen with captains of industry, they are assuming two things. One, that all businessmen are either crooks and should be avoided by the ruling class or that when businessmen meet the top executive of the country, they do so with an ulterior motive. Two, they assume that when the Prime Minister meets them, he too has an ulterior motive and is most likely to ask them for favours, compromising his position. Both these assumptions are wrong and in fact people making them have an ulterior motive.

The business class is at the forefront of the nation’s development. It is through their entrepreneurship, foresight and investment that sustainable assets are created, people get jobs and products get made. Of course, like any other field, there are bad fish in the business community also. The Prime Minister has in the past been photographed with the absconding Nirav Modi and others who have defrauded banks of crores. But can anyone prove that the Prime Minister, or anyone close to him, had asked any bank to lend money to these crooks? If bankers got impressed by photographs, then they were the biggest suckers and had no right to be in the position they were.

As part of his official duties, the Prime Minister is expected to address meetings of chambers of commerce, hold meetings with groups of businessmen and even have a one-to-one meeting with any businessman if the situation is urgent. The push for ‘Make in India’ cannot be achieved by keeping businessmen at arm’s length. Without granting them any unnecessary favours, they must be made to feel partners in the country’s progress – which they are in any case. The Prime Minister cannot be faulted for meeting businessmen if quid pro quo is not proved.

The opposition parties, and a section of the media, unable to unearth a major scam (which of course does not exist) in these four years, want to manufacture cases of corruption. Hence, in continuation of the Rahul charge that this is a “suit-boot ki sarkaar,” they are now targeting the Prime Minister’s alleged closeness to businessmen.

There might be another reason for this pique. Latest figures of contribution to political parties (above Rs 20000) by businessmen and other known sources shows that in FY 2015-16 and 2016-17, the BJP received Rs 532cr and the Congress just Rs 41.9cr. The other parties received negligible amounts. This might be their way to get at the business class for ignoring them. But haven’t they heard that everyone salutes the rising sun? All these years, the Congress had cornered the major share of donations as it was the ruling party. Why is it now turning against the same businessmen?