If I say some thing about aggressive privatization, they will call me a communist. Now read two news reports on Malayala Manorama and try to think about tomorrow. According to the first report, Central finance minister Mr. P. Chithambaram has said that more in stock regarding privatization and economic liberalization. The second one says, Central Excise Intelligence has issued notice to those private insurance companies for cheating the government on tax amounting over 300 crore.
It is this kind of acts of American Insurance Group (AIG) and other banking and insurance companies that made the whole world plunge in to financial crisis in 2008. Of course the Central Excise has issued notice to those who cheated the government. But the case will not be furthered as they have enough money to pull the strings in politics and in the administration and also to hire good lawyers to fight for them in the court. The govt. lawyer will mostly keep quite. Final result will be that those criminals will get away with what they did. The country will lose money. Country means people (I think). What do you think?