India's Crony Capitalism on the Ropes

If there is one clear victory with the new government, it is the wipe-out of crony capitalism.

If there is one clear victory, it is the wipe-out of crony capitalism. After 40 years of Congress rule that supported a few well-wishers since 2005 – and allegedly mastered the Russian-style oligarch theft – Prime Minister Modi has (in one short year) knocked out the crony capitalists from their lofty perch. For this he gets an unequivocal “10/10”.

Modi’s “invisible broom” cleaning up corporate India?

Modi seems to have made his “Sophie’s choice”: he wishes to rescue the 250 million Indians who voted for him as a Ray of Hope. The money-bags have been knocked out.


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