Of Privileged Indians: Note from One to the Others

By Adv. Tanya Chandra, Co-Founder, LexQuest.

Sometimes, it dawns upon us that being born into privilege of any kind, in an underdeveloped country, changes the course of our priorities, and it is indeed a safety net, hence an escape route from a life of deprivation, oppression, indignity and neglect that millions of the same country are otherwise subjected to. This is when, on a daily basis, us, the depositories of  country’s fate, full of life and potential, encounter them, who, for the reason of being born without any safety nets, can never afford the opportunities, tastes, lives and priorities that we feel entitled to. This is where the conflict magnifies and it’s folly to believe that all human beings can change the course of their lives, as and when they choose to. For, choice itself is still largely a matter of privilege in our part of the world. (more…)

Crony Capitalism

By Dewal Nath Tripathi, Vivekananda Institute of Professional Studies, New Delhi.

Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.

Depending on how this is described it surely means that such an economy is not the one which is so desired as it completely breaks the notion of competition between parties.  (more…)