Tuesday, December 21, 2010

Family Business in India

However, if one were to trace the genesis of the epidemic of corruption it could be argued that the disease could well have been spawned during Indira Gandhi's regime where the ruinously high rates of taxation - 97 per cent in the highest tax bracket- and the licence raj inevitably fostered both the generation of black money and the unholy nexus between politicians, bureaucrats and big  business. With its catchy slogan of 'Garibi hatao' and its populist gimmicks like bank nationalisation and the abolition of privy purses, Indira Gandhi's socialism was in fact the legitimising of a sarkari mafia.
Did the communalisation of the Indian polity similarly have its roots in Indira Gandhi's time? To split the growing Khalistan movement she is believed to have created the ultra-fanatic Bhindranwale, setting in motion a tragic escalation of conflict which was to culminate in her own assassination.  
 
Despite these charges, Indira Gandhi occupies pride of place in the Congress pantheon of deities which include her father, her son, and now her daughter-in-law and her grandson. What better tribute to the untarnishable brand equity associated with the Nehru-Gandhi name?

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