Since last 2 decades India is going towards #Crony_Capitalism and these days itshappening at rapid pace.
The whole idea of corporate lobbying & political class is to make big public organisation 'ILL' through miss management & Concpiracy so that they can be sold to corporate friends in this way public money is transferred to them to make extraordinary profits using public money as capital.
"Crony Capitalism is an economy in which businesses thrive not as a result of risk, but rather as a return on money amassed through a nexus between a...
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business class and the political class."
For instance #UPSC (60% of Higher posts = 400 at ministrial level by Latral entry from private sector).
20+ Profit making #PSU'S made private, 30+ disinvested which were crafted out of public money & infrastructure having legacy.
And finally it started in lifeline of india i.e. #IndianRailways concept of private trains using 150 years old public infrastructure, land bank, market etc made out of public money.
This will become air India one day.
ISRO, DRDO, ONGC Researches being transferred to corporates.
Many more are coming in the name of Development.
Say 'No' to #HyperCapitalism, #CronyCapitalism.
The right way is Corporates should use their own capital & resources.
Development should be by the people for the people & more federal, democratic & socialist.
For reference study about development model of European countries viz Estonia, Latvia, Lithuania, Denmark , Sweden, Norway.
Disclaimer- Not against any political setup.