Tightened market grip responsible for rot in politics: Joshi

"Ever since the market forces took centre stage in the country following initiation of economic reforms and liberation in the early 1990s, the political system gave need to the needs and expectations of the corporates and presided over economic policies that suited the rich people," he said at a seminar here.

The market forces loosened their purse strings to virtually control the political system comprising both the political parties in power and those in the opposition and made them tweak economic policies to suit their economic interests at the cost of welfare of the masses and development for the natives, the senior leader alleged.

It has been noticed over the past two decades that the political parties have lost touch with the masses and pulse of their aspirations as reflected in total disconnect between the people and the political system, he said.

There was a time when the political parties used to go to the people to seek donations to run their affairs, including election expenditure, but slowly and steadily these parties have stopped this practice as the corporates ensured that the purses of these parties grew thicker, he said. MORE

  

image
Business Standard
177 22
Business Standard

Tightened market grip responsible for rot in politics: Joshi

Press Trust of India  |  Patna 

"Ever since the market forces took centre stage in the country following initiation of economic reforms and liberation in the early 1990s, the political system gave need to the needs and expectations of the corporates and presided over economic policies that suited the rich people," he said at a seminar here.

The market forces loosened their purse strings to virtually control the political system comprising both the political parties in power and those in the opposition and made them tweak economic policies to suit their economic interests at the cost of welfare of the masses and development for the natives, the senior leader alleged.

It has been noticed over the past two decades that the political parties have lost touch with the masses and pulse of their aspirations as reflected in total disconnect between the people and the political system, he said.

There was a time when the political parties used to go to the people to seek donations to run their affairs, including election expenditure, but slowly and steadily these parties have stopped this practice as the corporates ensured that the purses of these parties grew thicker, he said. MORE

  

RECOMMENDED FOR YOU

Tightened market grip responsible for rot in politics: Joshi

An ever-tightening grip of the market forces on the political system is solely responsible for the prevailing rot in the Indian police, senior BJP leader Murli Manohar Joshi said today.

"Ever since the market forces took centre stage in the country following initiation of economic reforms and liberation in the early 1990s, the political system gave need to the needs and expectations of the corporates and presided over economic policies that suited the rich people," he said at a seminar here.

The market forces loosened their purse strings to virtually control the political system comprising both the political parties in power and those in the opposition and made them tweak economic policies to suit their economic interests at the cost of welfare of the masses and development for the natives, the senior leader alleged.

It has been noticed over the past two decades that the political parties have lost touch with the masses and pulse of their aspirations as reflected in total disconnect between the people and the political system, he said.

There was a time when the political parties used to go to the people to seek donations to run their affairs, including election expenditure, but slowly and steadily these parties have stopped this practice as the corporates ensured that the purses of these parties grew thicker, he said. MORE

  
image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard