oppn parties Who Were The Original Crony-Jivis In India?

News Snippets

  • Allahabad HC said that the UP Police is acting as law unto themselves as they detained a person unlawfully even before his arrest
  • Kolkata witnesses traffic snarls on the first day of the Durga Puja festival as revellers start pnadal-hopping
  • Neha Bora was subsequently released and Dipke is to appear before a magistrate today at noon
  • Delhi Police detained Cockroach Janta Party founder Abhijeet Dipke, Neha Bora of AISA, student leaders and supporters ahead of a rally in Connaught Place demanding Chief Election Commissioner Gyanesh Kumar's resignation. The protest followed the detention and jailing of two CJP leaders earlier in the week over demonstrations at Jantar Mantar
  • The Reserve Bank of India is considering further monetary tightening to counter capital outflows and increase the cost of betting against the rupee, according to bankers and analysts cited by Reuters. The measures follow recent rate increases and steps to drain liquidity as pressure on the currency and inflation concerns persist
  • India directed oil marketing companies to stop diverting sugar-based feedstocks for ethanol production in the 2026–27 supply year, according to a new tender issued on Friday. The companies have invited bids for 11 billion litres of ethanol made from alternatives including corn and broken rice, amid concerns about domestic sugar supplies and prices
  • Finance Minister Nirmala Sitharaman said India's trade imbalance with China was growing sharply and attributed the problem partly to restrictions on Indian goods and services entering the Chinese market. China subsequently said it was ready to work with India to address mutual economic and trade concerns; India's trade deficit with China reached $69 billion in the first half of FY2026–27, up 27% year-on-year
  • Indian equity benchmarks extended their recovery on Friday, with the Sensex rising 413.66 points to close at 74,729.27 and the Nifty 50 gaining 148.80 points to settle at 23,146.15. Information technology shares, including Tech Mahindra, Infosys and TCS, helped lift the indices
  • India defeated Zimbabwe by four wickets in the opening women's T20 International in Raipur, taking a 1–0 lead in the three-match series. Deepti Sharma and Niki Prasad combined in an 82-run stand after India's top order collapsed, helping the hosts chase down Zimbabwe's total of 114 for five
  • Indian wrestler Komal won bronze in the women's 59 kg category at the Under-23 World Wrestling Championships in Las Vegas, defeating Kazakhstan's Viktoriia Khusainova 7–2. Fellow Indian Amruta Pujari advanced to the women's 72 kg final after recording two pinfall victories
  • Indian shuttler Jagsher Singh Khangurra secured a bronze medal at the BWF World Junior Badminton Championships in Cairo
  • The Supreme Court of India upheld the Bombay High Court's decision quashing the 2020 write-off of ₹8,415 crore in additional tier-1 bonds issued by Yes Bank (Yes Bank). The court ruled that the bank's administrator lacked the authority to extinguish the bonds under the final reconstruction scheme, strengthening bondholders' claims
  • The Supreme Court issued notices to the Election Commission of India, Delhi Police and opposition leaders, including Rahul Gandhi and Akhilesh Yadav, in separate petitions concerning electoral-roll revision and protests held in Delhi on October 10–12. The court also directed the preservation of CCTV footage linked to allegations of police excesses
  • The Supreme Court ruled that a person converting from Hinduism to Islam cannot automatically claim backward-class reservation benefits in the new religious community solely on the basis of their previous caste status. The judgment upheld the Madras High Court's decision striking down a 2024 Tamil Nadu government order that permitted such certification for specified communities
  • The Election Commission of India ordered a Special Summary Revision of electoral rolls in 14 states and three Union Territories, using January 1, 2027, as the qualifying date for voter eligibility. The draft rolls are scheduled for publication on November 12, claims and objections will be accepted until December 11, and the final rolls are due on January 4, 2027
Delhi HC refuses to ban CJP's Tiranga rally at Central Park in Connaught Place today /////// Police says will control and regulate it /////// NDMC closes the park for the public on Friday and Saturday
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Who Were The Original Crony-Jivis In India?

By Linus Garg
First publised on 2021-02-11 08:49:57

About the Author

Sunil Garodia Linus tackles things head-on. He takes sides in his analysis and it fits excellently with our editorial policy. No 'maybe's' and 'allegedly' for him, only things in black and white.

It is ironical that a person, whose family and the political party they headed, made it a family business of developing cronies and selling India to a few by keeping restrictions on doing business and allowing monopolies to exist is now claiming that Prime Minister Modi is selling India to cronies.

Rahul Gandhi, in a bid to counter Modi's andolanjeevi  jibe, has tweeted that "crony-jivi hai jo, desh bech raha hai who" (the one who exists by developing cronies is selling the country (to them)). But the record of the Congress from 1947 to 1991 shows that it was instrumental in making crony capitalism the hallmark of Indian business where only a privileged few (obviously who greased palms and filled coffers) got the nod to do business in a license-quota regime.

India finally got rid of that only when someone who did not belong to the Nehru-Gandhi family took over. It was left to P V Narashima Rao as Prime Minister and Manmohan Singh as Finance Minister to dismantle the crony set up and open up the Indian economy in the 1990s.

Rahul Gandhi has made it a habit to tie the NDA government to big business. His "suit boot ki sarkar" is still fresh in public memory. But the point is that throughout the period from 1947 to 1991, the way successive Congress governments promoted the interests of a few, often changing rules and policies to benefit them, shows that the original crony-jivis existed then.

But, as the Prime Minister rightly pointed out in parliament, it does not pay to bad mouth the private sector, especially when entrepreneurs are taking the lead to transform the Indian economy. Yes there are bad fish among them, as there are in any sector, and loan defaults and other scams happen frequently. But on the whole India is blessed with a vibrant and industrious private sector and Rahul Gandhi must desist from showing them in a bad light or castigating the government for helping them. The whole Ambani-Advani campaign is malicious as they are not the only ones who are prospering. India has a legion of entrepreneurs who are doing good work and are contributing in reviving the economy.