--classstrugggle-flipmag CS Dec-2018 MKP - Page 21

CBI Part of the Rotten System When a girl student was raped and brutally murdered in a private hostel. The state police had thrown a youth behind bars accusing hi, as perpetrator of the heinous crime. After nine years in the jail, the High Court had discharged him of all charges observing that he was innocent of the crime and was falsely implicated in the case by the police. The High court directed the Central Bureau of Investigation (CBI) to reinvestigate the case. The state level police machinery in the country has lost credibility as they used to serve the interests of those in power. Feeling the need for an impartial enquiry, the people used to demand an investigation by CBI. Is CBI worthy of this peoples assumption of its impartiality. The answer is a big no. The Chief Minister of AP, Mr.Naidu until few days back flaunted the cases registered against the opposition party leader YS Jaganmohan Reddy as a final proof corruption by Y S Jagan and his late father YS Rajasekar Reddy. When he came out the NDA recently he accused the CBI as a tool in the hands of the central government and withdrawn the general consent to CBI to operate in AP. Such is the double talk our politician can indulge. It is an open secret that every government at the centre irrespective of the party in power has used CBI as a toll to harass and pressurize to fall in line other political party leaders (of even its own party) in order to achieve its own narrow political ends. The recent incidents in CBI has reiterated this fact. The corruption charges on the director of CBI and counter charges on its special director have mired the CBI in an internal rivalry. Not only that, it had drawn the Prime Minister’s Office, cabinet ministers, Central Vigilance Commi- ssioner, National security Advisor and many others as those who influenced and interfered in the affairs of CBI in their favour. It was clear that CBI is rotten to the core. The Guwahati High Court ruled that CBI has no constitutional sanctity in 2013. Yet no corrective action was taken by the government as the CBI came handy in its current form. It is functioning under and answerable to the Ministry of personnel. It was instituted by an executive order to investigate corruption charges at central and state levels. Its track record in this regard is not bright to say the least. It is reported that, in a written reply in the Lok Sabha, of the 1369 cases under investi- gation, 175 had been pending for more than two years, 394 about two years and 800 for less than ten years. Its success rate in corruption case is dismal 3 per cent. All the high profile accused in the 2G scam was acquitted. In Hawala scam which involved prominent Congress and BJP leaders, the Supreme Court contd. on page 19 contd from page 20 The ILFS fiasco is rooted in this lop sided policy. The creation of massive infrastructure without any idea who is going to utilize it tantamount to, as one economist observed, providing a big house to live to a person struggling to fill his stomach at least once a day. The government immediate action to takeover ILFS is only meant to assure the financial markets (read foreign investor) that it will stand behind the company to prevent complete collapse of ILFS and to bail out its creditors with public funds. Following the takeover of ILFS, the government went to National Company Law Tribunal asking for moratorium on creditors. Several major infrastructure projects came to halt throwing thousands of people out of work. The ILFS episode would affect the middle classes in coming months. Their hard earned saving were invested by LIC, UTI and others in ILFS. The returns on these savings will take a big hit. The small business and industries find it hard to raise even the working capital from the market. In the long run, the burden of ILFS fiasco would be transferred on to the backs of the people. The ILFS fiasco may appear as a sudden unraveling; but it is boiling under the surface for a long time. It is part of the ever growing crisis that is engulfing every sector of Indian economy all these years. The crisis is not going to be abated, but strikes the lives of the people with ferocity in the coming months. ™ 21 manufacturing sector could not recover despite the tall claims by the leaders of government and their supporters. The repeated tweaking of the GDP data cannot hide this fact. The overall GDP growth rate is around 7 per cent during the last ten years, while that of manufacturing sector hovered around 4 per cent and that of agriculture stayed below 2 per cent. At this, to say sarcastically, ‘Hindu rate of growth’, the economy could not provide employment and generate demand. Yet the stock markets are roaring with sensex reaching new record points. This means that the big bourgeoisie is making profits at the expense of small business and industries. December - 2018