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Nexus of Businessmen, bureaucrats and politicians tramples the common man

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Published on: Wed, 31 Oct 2012 at 15:18 IST
Nexus of Businessmen, bureaucrats and politicians tramples the common man
NEW DELHI: Arvind Kejriwal slams the nexus going on between the businessmen, politicians and bureaucrats of India to be the key reason for the ever rising prices of entities. The India Against Corruption activist said so on Wednesday here.

Deligently, the activist played an audio tape that disclosed the talks that went between Nira Radia and Ranjan Bhattacharya, where they planned the symphony of Union Ministry. Ranjan Bhattacharya is the foster son of former Pm of India, Mr AB Bajpayee.

After pressing his words, engulfed in criticism, on Nitin Gadkari, Robert Vadra and Salman Khursheed, he took business tycoon Mukesh Ambani into his claw.

Kejriwal pointed out that BJP and Congress, both were helpless in front of Mukesh Ambani. He said that both the party, while in reign, under wrote everything that Mukesh Ambani’s tongue spitted out. The two audio clips that he disclosed in front of media, caught the two discussing that, that person would be the minister whom Ambani would wish.Lately, Jaipal Reddy was removed as petroleum minister for refusing a proposal of Mukesh Ambani-led Reliance Industries to hike the charges of the gas it was supplying to state-owned power plants, India Against Corruption member Arvind Kejriwal charged, demanding that the Krishna Godavari basin allotted to the company be cancelled.

"Mukesh Ambani is running the country it seems... Jaipal Reddy was removed as he refused to hike the charges being levied by Reliance Industries to supply gas to NTPC," Kejriwal said at a press conference. He said the government looked helpless before the corporate group.

The Case
According to Kejriwal, the KG basin was awarded to Reliance in 2000 by the NDA government when the corporate agreed to supply gas to the National Thermal Power Corp for the next 17 years at $2.5 per unit. But the company revised the rate to $4.25 per unit in 2007 which then finance minister Pranab Mukherjee agreed to as the head of an empowered group of ministers.

Later, he said, the company wanted the rate to be further hiked to $14.25 per unit. Jaipal Reddy, who reportedly did not agree to the proposal, was shunted out in Sunday's cabinet rejig, said the activist. "The company was allowed to hike the cost of producing gas and thus its profits," said Kejriwal.

India is on the verge of ultimate corruption and chaos. The never ending cycles of poverty, unemployment and uncertainties have corroded the very souls of the human race residing in this sub continent.

One can see how these people at important positions are taking advantage of the power that lies in the designation and are administering it accordingly. They are pocketing all of that which is not their and sarcastically it seems they are racing one another to be the apex corrupt. Down below, we have inked out several personalities of India, whose net worth constitute a percentage of the country’s economy.

Being a powerful businessman separately is inspirational, so is with being a politician and a bureaucrat but when all three of them get involved in a nexus, only the common man is left to endure the negativities of situation. In this case, he is the one that faces the heat of inflation, unemployment, price hike and several such factors.

INDIA’S RICHEST (according to Forbes)
- Mukesh Ambani (Chairman, Reliance Industries) | Net Worth- $21 Bn
- Azim Premji (Chairman, Wipro) | Net Worth - $12.2 Bn
- Pallonji Mistry (Chairman, Shapoorji Pallonji Group) - $9.8 Bn
- Dilip Shanghvi (MD, Sun Pharmaceuticals) | Net Worth - $9.2 Bn
- Adi Godrej (Chairman, Godrej Group) - $9 Bn
- Savitri Jindal (Chairperson, OP Jindal Group) - $8.2 Bn
- Shashi and Ravi Ruia (Chairmen, Essar Group)- $8.1 Bn
- Hinduja Brothers (Hinduja Group) - $8 Bn
- Kumar Mangalam Birla (Aditya Birla Group) - $7.8 Bn
- Anil Ambani (Anil Dhirubhai Ambani Group) - $6 Bn


- Subrata Roy (Chairman, Sahar India Pariwar) | Net Worth - $11 Bn
- Sunil Bharti Mittal (Chairman, Bharti Airtel) | Net Worth - $8.3 Bn
- Kushal Pal Singh (Chairman, DLF) | net Worth - $6.8 Bn
- Shiv Nadar (Chaiman, HCL) | Net Worth - $6.5 Bn
- Gautam Adani (Chairman, Adani Group) | Net Wortth - $5.4 Bn
- Kiran Mazumdar Shaw (Chairperson, Biocon) | Net Worth - $900 Mn
- Vijay Mallya (Chairman, United Breweries Group) | Net Worth - $800 Mn

Richest Political Personalities

- It is said that INC President Sonia Gandhi is worth over $2 Bn and the assets may even be larger than that, expanding to an alleged $19 Bn.
- Rahul Bajaj (MP) | Net Worth - $1.8 Bn
- YSJ Reddy (MP) | Net Worth - Rs 440 Cr
- Kamal Nath (Minister of Urban Development) | Net Worth - Rs 273 Cr
- Lalit Suri (MP) | Net Worth - Rs 210 Cr
- Praful Patel (MP) | Net Worth - Rs 122 Cr
- MK Alagiri (Union Minister of Chemical & Fertilizers) | Net Worth - Rs 37 Cr
- Vibhadra Singh (5 times CM of Himachal Pradesh) | Net Worth - Rs 30 Cr
- P Chidambaram (Minister of Finance) | Net Worth - Rs 30 Cr (It grew by 26 percent from 2011)
- Rajeev Shukla (Parliamentary Affairs Minister) | Net Worth - Rs 29.25 Cr (It grew by 76 percent from last year and 80 percent of the total wealth is in his wife’s name)
- Sharad Pawar (Minister of Agriculture) | Net Worth - Rs 16 Cr (It grew by 33 percent from 2011. He is also alleged to be involved in controversy and scams worth thousands of crore)
- Supriya Sule (Sharad Pawar’s daughter) while filing her nomination for Rajya Sabha byelection, submitted that her assets were worth Rs 41.52 Cr
- Mayawati (BSP Supremo, Ex CM Uttar Pradesh) | Net Worth - Rs 87.27 Cr
- J Jayalalitha (CM, Tamil Nadu) | Net Worth - Rs 51 Cr

Richest Bureaucrats
- Babulal Agrawal, a 1988 IAS officer of the Chhattisgarh cadre is estimated to be having assets worth over Rs 253 Cr
- Additional Director General of Police (ADGP) Navdeep Singh | Net Worth - Rs 30 Cr

Biggest Companies of India and their Chairman
Indian Oil – RS Butola
Bharat Petroleum – RK Singh
ONGC - Sudhir Vasudeva
NTPC – Arup Roy Choudhary
SBI – Pratip Chaudhury
ICICI – Chanda Kochhar
Tata Motors – PM Telang
Mahindra and Mahindra – Rajesh Jejurikar
Infosys – KV Kamath, S Gopalakrishnan

One can guess the richness of these chairmen by knowing the net worth of Infosys’s Co-Chairman S (Kris) Gopalakrishnan, he is worth $1.5 Bn.

Owners of Top Media Houses of India
- Kalanidhi Maran (Sun TV) | Net Worth - $3.5 Bn
- Ramoji Rao (ETV) | Net Worth - approx $10 Bn
- Indu Jain (Times Group) | Net Worth - $2.8 Bn
- Prannoy Roy (NDTV) | Net Worth - Over 180 Cr
– Arun Poorie (India Today Group) | Net Worth - Over Rs 200 Cr

Other Company Promoters

M & S Singh (Ranbaxy) | Net Worth - Rs 640 crore
Sunil Mittal (Bharti) | Net Worth - Rs 1,716 crore
B M Munjal (Hero Group) | Net Worth - Rs 522 crore
V C Burman (Dabur) | Net Worth - Rs 313 crore
O P Jindal (Jindal Steel) | Net Worth - Rs 830 crore
P R S Oberoi (EIH) | Net Worth - Rs 300 crore
A K Puri Mohan (Export) | Net Worth - Rs 370 crore
Jai Prakash Gaur (Jaipraksh Ind. ) | Net Worth - Rs 500 crore
O P Lohia (Indorama) | Net Worth - Rs 212 crore
B C Jindal (Jindal Polyester) | Net Worth - Rs 434 crore
Deepak Puri (Moser Baer) | Net Worth - Rs 185 crore
Aroon Purie (India Today) | Net Worth - Rs 223 crore
Lalit Suri (Bharat Hotels) | Net Worth - Rs 210 crore
L M Thapar (Ballarpur Ind) | Net Worth - Rs 278 crore
O S Kanwar (Apollo Tyres) | Net Worth - Rs 118 crore
B K Modi (SpiceCorp) | Net Worth - Rs 170 crore
Kamal Gupta (PP Jewellers) | Net Worth - Rs 140 crore
Satish Kaura (Samtel Group) | Net Worth - Rs 185 crore
K K Modi (Godfrey Philips) | Net Worth - Rs 87 crore
Rajan Nanda (Escorts) | Net Worth - Rs 260 crore
Analjit Singh (Max India) | Net Worth - Rs 360 crore
Rastogi Family (Roop Sarees, RCKC) | Net Worth - Rs 80 crore

The collective wealth of only the people mentioned above, crosses Rs 10 Lakh Crore. Here, if we say that 95 percent of total wealth that India possesses is with 5 percent of its citizen then it wouldn’t be wrong. The businessmen, politicians and bureaucrats have simply eaten the country from inside, they have left it hollow enough that every day the commoner is facing the scourge that is hanging by a fine thread of efforts by some honest men, indulged in running the government.

Pardaphash would be back with what lies behind the curtain of such extreme figures of wealth. Watch this space for more updates.
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