It’s been around 20 years since chain of scams started in 1993. Since then graph of corruption is only growing, every now and then we come across a new scam, and it has become a common practice to listen such news. But have you ever thought what loss you suffered whenever a scam emerged. Lets understand this for below listed scams.
The Coal Scam:
The coal scam clearly shows our nation’s shot to shame. It has already been termed as the mother of all scams, as the black money involved here has swallowed all the other previous scams. The report on coal scam by CAG (Comptroller and Auditor General), an authority established by the Govt. of India, who audits all the receipts and expenditures by the central government as well as the state governments) of India, has accused the Government of India for illegally and irregularly providing our nation’s coal deposits to private and state run entities instead of auctioning them in the public. And this has resulted a loss of a whopping 1,86,000 crore rupees to our national treasury in the period 2004 – 2009. There have been estimates released by the media that the actual loss was 10,60,000 crore rupees. And what is more sickening is, in that period of five years, all the major coal dealings in the country went right under the nose of our Prime Minister.It has been in the news that in this five year period (2004-2009), 142 coal fields were illegally allotted to the private and state run entities, instead of being auctioned. Yes, they are ‘Coal Fields’. One of the richest natural resources of our nation; which now has landed in the hands of the corrupt leaders.
How is the common man affected from Coal Scam?
Coal mines are the gold mines of our nation. Coal amounts to 56 percent of electricity production in our country. In the December of 2011, over 300 million Indian citizens lacked access to electricity. To add to the bitterness, over one third of our country’s rural population sunk in blackouts, and so did 6 percent of the urban populace. All this had badly disturbed irrigation and the manufacturing processed across the length and breadth of the country. What is more painful is, despite our country being the fourth largest energy consumer after USA, China and Russia, it presently suffers from acute shortage of electricity generation. The IEA (International Energy Agency) had drawn out estimates and stated that India needs an investment of around $135 billion in order to provide 24/7 power supply to its entire population of 1.2 billion. Yes, $135 billion, still less than the loss acquired because of the Coal scam.
The 2G scam:
This infamous 2G scam has been a fraud of over 1.76 lakh crore in the Indian telecom industry. According to the reports, the former telecom minister who had to go behind the bars, A. Raja had evaded the rules and regulations at every step as he illegally distributed the 2G license awards in 2008 at a throw away price. And as usual, the case is still pending the court.
How is the common man affected from 2G scam?
Telecom licenses were allocated to some companies who do not had necessary infrastructure and do not fulfill the minimum criteria, at very low prices by taking bribes. So that those companies can offers low service quality, cheat customers and Govt. has no option but to just act as viewer. This also put a burden on exchequer due to which inflation, corruption rise and fiscal deficit widen. India’s foreign investment demotivated, credit rating has been decreased and we had to suffer all this burden of inflation. The business environment gets a bad image and FDI may affect, this will lead to loss of jobs.
The Commonwealth Games Scam:
This Commonwealth Games Scam has proved to be a big blow on the future of sports and games in our country. We were to boast about hosting the CWG, but what happened after left our nation hanging down her head in shame. According the CAG (Comptroller and Auditor General) reports, it came dawning in the media that out of the 7000 crores that was allocated to be spent on the Indian sportspersons, only half was spent. The rest went into the pockets of the corrupt politicians and beaurocrats.
How is the common man affected from The Commonwealth Games Scam?
Since half the money was dwelled by corrupt politicians and beaurocrats so this money was recovered from people’s pockets. Tax were increased, bus fares were increased 2times in Delhi and inflation increased. The development schemes and infrastructure that was to be developed and thus jobs and economic boom which was expected in delhi-ncr region was never happened. Auto and Taxi fares were increased; houses which were meant for common people were captured by politician. Thus public remained empty handed and national pride was compromised.
Now, let’s question ourselves once. Shouldn’t these leaders be kicked out of our nation?