Over the past ten years, not only has the party outspent rivals in polls and begun building new party offices in every district, state and union territory in India, it has also added to its cash reserves.
https://thewire.in/politics/if-sabka-vikas-is-a-myth-who-has-gained-the-most-under-modi
The BJP is not the only part of India’s polity to see an upswing in fortunes over the last ten years. So have a handful of firms, ranging from known conglomerates like Adani Enterprises and Reliance Industries to barely-known entities like Murari Lal Jalan (who acquired Jet Airways) and Nandal Finance and Leasing (which almost acquired PSU Central Electronics). And then are some heavyweights like Megha Engineering, Nirma, Solar Industries India Ltd, Raheja Corp and even Patanjali, who “have seen their fortunes surging in the last 10 years and either have direct contractual relationships with the government, or have benefited from seminal policies like land acquisition or infrastructure privatization”, writes Bloomberg.
The rise of India’s biggest firms needs to be understood.
Hardwired into that is an answer to the primary question citizens must ask every government: Cui bono? Who gained under you?
16/05/2024