Are corporate interests more important than citizens' welfare for our governments?

ashishs

Ashish Sharma | June 10, 2010



Close on the heels of the tragic Bhopal gas leak verdict has come the revelation that the Centre dropped a key clause in the Nuclear Liability Bill to benefit suppliers who could have been held accountable for wilful negligence. The move reportedly came after American suppliers mounted pressure to get deleted section 17 (b) which said that suppliers could be sued for a nuclear accident resulting from wilful act or gross negligence on their part.

Amidst a raging debate over the woefully inadequate compensation to victims and sentence to perpetrators of the Bhopal tragedy, the Centre's move appears to be yet another case of our governments batting for corporates even at the cost of national interest. The furore over capping the liability at Rs 500 crore clearly did not deter the government from tinkering with the controversial Bill further.

If Prime Minister Manmohan Singh has much to explain about going out of his way to guard interests of American suppliers, so does Delhi Chief Minister Sheila Dikshit about backing the power distribution companies that have been found guilty of fudging information about their financial health. Even as Delhi's power regulator has found that the three power distribution companies clocked a profit of around Rs 1,000 crore last fiscal, the chief minister continues to plead for slapping a hike in tariff on the hapless consumers. Only now she is arguing for an uninterrupted power supply instead of her earlier stance of helping the distribution companies bridge their losses.

The larger question, therefore, arises whether corporate interests are more important than citizens' welfare for our governments.

 

Comments

 

Other News

Lessons in climate adaption from world’s largest inhabited river island

Majuli Island, perched between the Brahmaputra River to the south and east, the Subansiri River to the west, and a branch of the Brahmaputra to the north, has been severely affected by recurrent flooding and intense riverbank erosion. Despite its global importance in acquiring UNESCO tentative status for

Careless whispers and the impossible trinity

Time can never mend, the careless whispers of …    As the RBI marches ahead, for the upcoming monetary policy meeting this June, whispers from the corridors echo around several policy options to defend the rupee – by deploying forex reserves, raising in

Bullet Train Project: Third mountain tunnel breakthrough achieved

A major engineering milestone has been achieved in the Mumbai–Ahmedabad Bullet Train Project with the successful breakthrough of the third mountain tunnel (MT-07) at Ambesari village in Dahanu Taluka of Palghar district, Maharashtra.   With this achievement, three mountain

Supreme Court gets five new judges

Five new judges were appointed to the Supreme Court of India on Monday. "Vide Notifications of even number dated 01.06.2026, in exercise of the powers conferred by clause (2) of Article 124 of the Constitution of India, the Hon’ble President of India is pleased to appoint (i) Shri

Astonishing breadth and depth of ancient Indian knowledge systems

The Greatest Books of Ancient India: Incredible Ideas about Science, Music, Maths, Art and More By Dr. Pradeep Chakravarthy and Dr. R. Thiagarajan Hachette India, 208 pages, Rs 399  

Strong El Nino threat over India`s monsoon, food & water security

India is heading into the southwest monsoon season this year under the shadow of a rapidly strengthening El Nino, with meteorologists warning that the climate phenomenon could significantly disrupt rainfall patterns, intensify heat stress and place additional pressure on the country’s agriculture-d





Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter