In India we curse at the corruption in our government. However there is a corruption that is unseen and slithers around like a snake and that is of corruption at the cooperate level. It is not uncommon in India to have a company to pay the government or give ‘incentives’ to the government.
The biggest and the best example is the Bhopal gas tragedy, where many people died, injured and genetics was restructured in that area. Union Carbide the company which was largely responsible had managed to get a safety certificate, and the results did not play up to that certificate. The CEO of Enron who should have been detained in India managed to get out with some questionable help from the Rajiv Gandhi government.
Also not spoken, but commonly known is of Reliance industries success in the early years and its dealings with the government.
However last year and this year it is all changing. The 2G scam and the Neera Radia’s case have been revolutionary in this aspect.
The 2G scam case has seen a number of industrial haunches in the cross-sights of the CBI for giving bribes to the former Telecom Minister and one can only hope that the truth will emerge.
The Nira Radia’s case has revealed a media-political and corporate nexus.
If the Company’s cannot see the trend, then let me say it.
The people are demanding more corporate social responsibility. They don’t want the company’s to be hand in glove with a corrupt government and officials.
Tata has become an image in this case and company’s such as Reliance and such others need to change their image.
The fight against corruption is only getting stronger as we recently seen Ana Anzare’s hunger strike against corruption.
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