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Crony Capitalism BJP Style

A few corporate groups are picking up stranded assets at dirt-cheap prices exacerbating inequalities in India's corporate sector, says senior journalist M Rajshekhar in an interview with NewsClick.

The way in which three power plants in Gujarat were protected from bankruptcy and the deal involving the Essar group, Russia's Rozneft and ONGC Videsh, are two glaring examples of how crony capitalism has flourished during the BJP Raj.  A few corporate groups are picking up stranded assets at dirt-cheap prices exacerbating inequalities in India's corporate sector, says senior journalist M Rajshekhar in an interview with NewsClick.

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