hidden image

Adani-A Wake Up Call!

Robert Clements Robert Clements
25 Nov 2024

Nothing works in our nation without a bribe. So, shouldn't this be the right time to look closely at the most significant consequences of this national malignant disease?

First, the economic consequences: Here bribery undermines fair competition, leading to inefficient allocation of resources. It adds hidden costs, inflating prices and reduces profitability. Bribery deters foreign investment as investors seek stable and transparent environments. And it undermines economic growth because corruption diverts resources from essential public services, hindering economic development.

Next the social consequences: Bribery erodes trust: It undermines our faith in institutions, governments, and businesses. It fosters inequality: Bribery favours those with power and wealth, exacerbating social disparities. It encourages crime because bribery often involves organised crime, fuelling illegal activities. It also damages reputation because bribery scandals harm individuals', businesses', and the nation's reputation.

Look at the political consequences, where bribery subverts democratic processes, influencing policy decisions. It compromises public officials' integrity, leading to abuse of power. Bribery contributes to social unrest, protests, and regime changes. It even compromises national security because it can facilitate illegal arms deals, terrorism, and other security threats.

Personal consequences: Engaging in bribery compromises personal values and ethics. Bribery also damages relationships because bribery erodes trust among colleagues, clients, and partners.

Take a peek at some of the business consequences where there is reputational damage because bribery scandals harm companies' brands and credibility. Then there are financial penalties of fines, legal fees, and lost business, which can be devastating. Just think of Adani investors who have lost their wealth in the last two days! Also, there is operational disruption as bribery investigations and prosecutions disrupt business operations and also loss of licenses as companies convicted of bribery risk losing licenses and permits.

And finally there are huge societal consequences as bribery diverts resources from essential services like healthcare and education. It facilitates environmental damage and exploitation, perpetuates inequality, and undermines social justice and oh yes, bribery undermines cultural values, promoting corruption and dishonesty!

Instead of playing the role of a victim in the US, let us combat this terrible evil by strengthening the laws and enforcement, promoting transparency and accountability, and encouraging whistleblower reporting.

Let us foster a culture of integrity and ethics.

Bribery is so rampant in our so-called democracy that after each election, elected representatives voted in by people for a certain ideology or thought they stood for before the elections are flown to resorts so they won't be bribed and jump the party representing opposite ideologies!

Disgusting, isn't it? So, shouldn't we treat this court indictment as a wake-up call?

Recent Posts

Open Letter to Infosys Founder
apicture A. J. Philip
25 Nov 2024
Transforming India into a developed nation by 2047 requires more than economic growth; it demands equitable policies addressing unemployment, inequality, education, and social harmony. Inclusive devel
apicture Jacob Peenikaparambil
25 Nov 2024
Justice, while divine in essence, is imperfect due to flawed laws and their administration. The Chandrachud controversy highlights biases in judicial conduct. Truth, being absolute, must guide justice
apicture Aloysius Aguiar
25 Nov 2024
The UPSWC's gender-based restrictions, aimed at women's safety, risk reinforcing stereotypes, isolating genders, and sabotaging the years of work done towards equality. Banning male professionals from
apicture Jaswant Kaur
25 Nov 2024
The Indian Constitution is a progressive, organic, and transformative charter encapsulating the nation's history, aspirations, and democratic values. It empowers citizens, mandates fundamental rights
apicture Dr. Pauly Mathew Muricken
25 Nov 2024
VT Rajshekar, founder of Dalit Voice, tirelessly advocated for Dalits and marginalised communities. A staunch critic of Brahmanism and Zionism, he inspired justice movements. His legacy underscores th
apicture Joseph Maliakan
25 Nov 2024
The Goa jobs-for-cash scam exposes deep-rooted corruption in government recruitment, where political influence and monetary transactions override merit. Despite arrests, the absence of major political
apicture Pachu Menon
25 Nov 2024
The Pudhumai Penn Scheme in Tamil Nadu exemplifies transformative empowerment through education by significantly aiding marginalised women. Despite many challenges in rural outreach, its success is in
apicture Dr John Singarayar
25 Nov 2024
The Bharat Jodo Yatra significantly impacted BJP's 2024 electoral performance, possibly reducing its Maharashtra MP seats. Fadnavis blamed the Yatra's narrative for the decline.
apicture Ram Puniyani
25 Nov 2024
Even as we jump around, screaming over the US court indictment of Adani, baying for blood, or shouting, 'racial bias,' let's press pause and look at what the real issue is all about, then ask ourselve
apicture Robert Clements
25 Nov 2024