Will scamsters be brought to justice ? Will this negligence impact Foreign Investment ? Must dicsuss.
So many scamsters in India have ongoing cases whereby sometimes penalty, sometimes imprisonment, sometimes extension of court date is given by judiciary. Satyam's Raju, Sahara's Roy, and likewise so many examples.
Will these big influential people be ever brought to justice ? How much money has been lost of the Foreign Investors in India, courtesy never-ending scams ?
India's history of scams has affected investments in a huge way. Every foreign investor (FDI + FII) looks for a controlling stake in India. Indian government hardly offers controlling stake in any sectors for foreign investors. And these foreign investment norms change so often in India that it is hard for any investor to trust Indian business model.
In your opinion, what should the government do to offer controlling stake to foreign investment without hurting the domestic market ? Is this possible and if so, then in which sectors/industry ? more
Will these big influential people be ever brought to justice ? How much money has been lost of the Foreign Investors in India, courtesy never-ending scams ?
India's history of scams has affected investments in a huge way. Every foreign investor (FDI + FII) looks for a controlling stake in India. Indian government hardly offers controlling stake in any sectors for foreign investors. And these foreign investment norms change so often in India that it is hard for any investor to trust Indian business model.
In your opinion, what should the government do to offer controlling stake to foreign investment without hurting the domestic market ? Is this possible and if so, then in which sectors/industry ? more
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The Biggest problem of Indian system is that the Law is interpretted based on face value of the accused & not the other way. The uniform implementation is actual implementation of rule. So the Top Priority to make System responsive is implement Rules Uniformly without any Bias at all. Take the Example of U.K. where Even the PM/ President may be challaned. Can we think of even at much lower level in India. Let the Rules prevail.... more
Mar 25
Should such scamsters be given separate preference in judiciary process ? Even special courts dealing with such matters take a lot of time, and in the end lack of witnesses and evidence result in the culprit coming out with minor or no punishment. If the judiciary is bound (legally) to pass a verdict in a short timeframe for such special cases then there are chances that justice might prevail over corruption. Food for thought. more
Mar 25
