Venue: Seminar Room, Australia India Institute, The University of Melbourne
Presenters: Paranjoy Guha Thakurta
In recent years, there has been considerable controversy in India over the manner in which natural resources like telecommunications spectrum, coal, iron ore, natural gas and land have been allocated and priced. The government (at the federal and provincial levels), which is supposed to act as a fair and transparent custodian of resources that belong to the people of the country, has been accused time and again of playing favourites and not ensuring that the benefits of these resources accrue to the public at large and not a privileged few. The nexus between business and politics has arguably been the most important source of corruption in India. Of late, this has been epitomised in the manner in which profits from the exploitation of natural resources have been appropriated by a rent-seeking elite. This phenomenon has been adversely commented on by the Comptroller and Auditor General of India and led to intervention by judicial authorities, including the Supreme Court of India.
from
https://events.unimelb.edu.au/events/7189-roundtable-seminar-natural-resources-and-crony-capitalism-in-india
No comments:
Post a Comment