Corporate Governance

Corporate Governance

Even as the Bopal gas tragedy has come back to haunt the victims, the people of India in general and the Congress party in particular, Manmohan Singh’s government is pushing ahead with the Nuclear liability [or is it ‘non liability’] bill which weighs heavily in favour of the Nuclear Equipment Czars and clearly against the interests of people of India. This only goes to confirm my fears that this Government does not represent us. It only represents US. Nuclear power is not green as is being projected. It is blood red. Every nuclear installation – civil or military – is a nuclear time bomb, waiting to unleash a catastrophe while slowly killing thousands. Even the supposed to be safe levels of leakages is dangerously high to call it green. Added to this are the reports of harassment, forcible eviction and hounding out of tribals – labelling them Naxals – from their home lands, without giving adequate and reasonable compensation and proper resettlement, only to allow the American mining lobby’s a free run in the mineral rich areas of Chattisgarh and Orissa and attempts to introduce Bt vegetables only to swell the coffers of the Monsanto and Cargil and unleash a genocide of sorts – a biological warfare on the people of India. It will be too simplistic to say that the Government is acting as a puppet to US government. It is incorrect to call US a democracy in the first place. It is ‘Corporate Governance’ a modern version of ‘Aristocracy’ and the Government of India here [whether it is UPA or NDA or any other jumble of alphabets – only reminds us of a jingle in the 70’s, ‘everything is same except the name’] is only the office of the General Manager of ‘US world wide trade inc’ in charge of their Indian operations. Way back in 1991 when the duo of Narasimha rao and Manmohan singh introduced the ‘Liberalisation, globalisation, privatisation regime, I wrote in jest ‘49% of shares of Indian Parliament have been sold to US. When they buy 2% more they will take over India. The elites of India will rejoice at the idea of American take over, but let me warn, we will not become a state of the US but only a colony’. Alas it is turning out to be more than true.