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Industrialist-Politician and Bureaucrats: What Does This Nexus Indicate?

Newsclick Team |
Former chief of Central Vigilance Commission (CVC) and Central Board of Direct Taxes (CBDT) KV Chowdary has joined the board of India's richest company Reliance Industries as an independent director.

Former chief of Central Vigilance Commission (CVC) and Central Board of Direct Taxes (CBDT) KV Chowdary has joined the board of India's richest company Reliance Industries as an independent director. This action by a top bureaucrat, who has previously held several important and influential positions, raises a number of questions. Chowdary has been at the centre of controversy earlier too. However, both Reliance Industries and Chowdary can claim that being an independent director, he cannot be technically considered as a salaried employee of the company. Senior economic journalist Paranjoy Guha Thakurta talks to NewsClick on this issue.

 

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