
There have been many terrorists attacks in Mumbai in the past however the current attack on Mumbai is very different and different for a reason.
Mumbai the financial capital of India is the head quarters of most of the top Industrial houses, has the BSE, RBI, Bollywood. Needless to say that hotels like Oberoi, Taj which are located in the South of Mumbai are regular meeting grounds for press conferences, product launches, award functions, board meetings, marriage function and many business meetings.
It is not uncommon to see Mukesh Ambani, Anil Ambani, Ajay Piramal, Subhash Chander Goel, Sunil Mittal, Ratan Tata, top bollywood stars, cricketers, top leaders of various countries, top business men, Venture Capitalists, Stock Brokers and the super rich in India and abroad at these venues.
Till now most of the terror attacks were in trains, shopping malls, buses and other crowded. Most of the victims belong to the working classes who were using public transport and roaming in public places.
The big industrialists and powerful people always use to think that terror is something which cannot touch them. They travel in their expensive cars, travel in their private planes or British Airways 1st class, have private security and meet people at their homes, offices. However the only public place they visit are top 5 star hotels where they use to feel safe and secured. In a way they felt that terror is something which will not touch them.
The recent attacks have completely changed the perception. Any one of the high profile people could have been there...
Many top industrialists and high profile people have unfortunately become victims of terror. Many of such high profile people are responsible in funding the election campaigns of major political parties.
India dosen’t really have a transparent system to fund political parties and so far its an open secret that many of the political parties are directly or indirectly backed by large industrialists and powerful individuals.
Many of these industrialists have also become MPs on the backing of these political parties. What these industrialists expect in return from the politicians is an altogether different debate.
With many state and national elections around the corner the politicians are in desperate need of funds.
Will the industrialists take it lightly that while they generate millions of jobs, give billions in taxes and help the government achieve its 8% growth rate its the politicians who roam around with Z plus security ???
Will this attack directly effect the funding of political parties by the Industrialists ? ??
Will the politicians go the Obama way asking for money from citizens ??
And will this force the politicians to fix the situation ??

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Comments (19)
Great point!
It is really callous to say but still now at last industrialist, who funds political parties, will finally ask for some important results, unlike earlier times when they used to just think about personal benefits.
If for even one second Indians stop thinking about their personal interests, and think an iota of bit for the nation, we can transform into a developed nation overnight.
I do not think so funding will get affected. Mukesh knows that he earns profit and controls oil feild because Murli Deora does not allow ONGC to take over things. Same goes to all raj era businessman, which are mentioned. In fact these are the main culprits who gave birth to corruption in India.
But young India is definitely asking whether we are actually democratic or if this is democracy and if it is, then do we need democracy? Do we need to change our own system before blaming Pakistan and can we?
I remember once very famous General from 70’s mother told me that, ”do not get furious against system because if you push too hard then system may not let you live”.
Best solution is, stop paying taxes and file PIL ask our judicial system why we should pay tax.
Of course, the recent Mumbai carnage, targeting the creamy layer of elite of the society has a wider ramification. The financial Capital has fallen prey to the indiscriminate bullets of terrorists.
However, as far as the funding (in particular under the table, unaccounted for) to politicians are concerned, days are gone when political leaders used to depend on their financiers within the country. Days of licence, quota and permit raj are almost over. So why should one dole out easy money to the politicians. Moreover, over the years, politicians in power have found a dubious way of getting unaccounted funds in Government deals with foreign suppliers of hydrocarbons, arms, ammunitions, aeroplanes etc. This was the case of Bofors dealing. Bofors gun has been rated the best. Arun Nehru, the right hand man of Rajiv Gandhi suggested to the then Prime Minister that what was harm in collecting the due commission from the supplier and then when both parted ways and became political foes, Arun Nehru leaked the deal.
At the same time, elections are becoming so costlier day by day that it is beyond the capacity of Indian capitalists to meet the ever increasing demand of politicians. Hence, the dependence of Indian politicians on foreign friends.
Politicians in India have refused to learn any lesson from the Bofors’ exposure.
Days of Rajni Patel (the middle man between the then Bombay based industrialists and the Congress, led by Mrs. Indira Gandhi) and the strong man S.K. Patil are only footnotes of the history of the country post independence.
But it is the fact that small time and district politicians will suffer immensely if the funding sourcees are dried up.
We already heard Ratan Tata’s views on the Government’s role on security, He was scathing in his criticisms.
All the political parties are the same. However, this is the first time that the super rich have been affected and that has come as a shock- and it hurts.
I am glad our media is lively and fiesty. I was impressed with the NDTV’s reporting. Barkha Datt was absolutely fantastic. She had tears in her eyes. Yet, she continued right through. Hats off. Unlike other places ( like Pakistan), where people riot after an event like this, here, we behaved in a civilized way and protested in a civilized way.
July this year, a report highlighted that the Swiss bank is holding $1456 billion from citizens of India. Who else can amass such wealth except politicians? What are industrialists in front of these people? They are the best business minds on the planets. You simply can’t beat them. I have this experience. I know quite a few of them. The thing is, even if industrialists stop endorsing them, they will bluff the common man, fill up their coffers, run the elections and win. The problem is not about this funding. The problem is we’re still devoid of the sanity to comprehend the fact that we have to come together and through these guys out. Mumbai showed this with so many people asking the politicians to resign. I ask, why not the government. The Congress should resign right away taking the responsibility of the death of so many innocent people.
The best tributes to the martyrs and victims of Mumbai massacre will be a movement demanding total transparency, openeness in the governmence and political parties’ functioning so that the nexus between the corrupt politicians and obliging businessmen for favours is exposed if not eliminated.
The Right to Information is doing wonders as skeletons in cupboard have started coming out. Everything, every transaction in the U.S. is not above the board but the rule of law prevails, if one is caught and chances in that open system of governance in the United States of Americ and European countries are that the culprit may not got scot free.
Here in India we have a gang of politicians and bureaucrats, the two streams who are out to help each other, save each other from embrassing situations if one is caught indulging in nefarious activities. Mind it, the gang does not discriminate on the basis of political leanings, caste, creed, colour and region.
Is it not wishful thinking to expect our politicians to behave sensibly?
What has happened is that the nexus of politicians and businessmen, doing
deals in the beautiful boardrooms and executive suites could not save
themselves this time around. This is what has shocked the establishment.
Further, the targeting of British, Americans, Jews has offered an
undesirable oxygen of publicity to the really horrible situation in India,
where the Intelligence services leave a lot to be desired. Where the
political interference is at every level and no senior post is filled
without the ’influence’ of some higher up political ’godfather’.
2008/12/2 Anil
Very intelligent point raised, Vishal. This attack has definitely shaken the creamy layer of Indian society. Any top businessman could have been there that night and easily could have become a victim of terror. This will definitely affect elections.
According to me, this will effect the funding for sure. This time election will not be a usual campaign. It will be different. One, the people of India are very angry and two, these high profile gentry also shook this time. Lets see what change does this bring to the 2009 elections.
It is matter of just lack of wisdom to decide the right and wrong in absolute terms.
This is the time when the masses in India along with the rich community should unite and teach the corrupt section of politicians a good lesson. Let them run out of money for the election campaign. Not even that we should collectively boycott elections till the time they decide to put some intelligent and deserving person as a leader. Not just any XYZ.
Its not easy to change the 50 yr old political structure of India. These oldies are not willing to leave the politics. The first step to bring change in the system or the society is to change yourself. Till the time we do not change our thought process and decide to bring a revolution, nothing will change.
These attacks have laid an unforgettable impression on the mind of every citizen of India. We are angry, we are frustrated, we are agitated, we are sorry and we are scared. You never know when the next attack happens and where. Its high time that the politicians realize their responsibility towards the society and do something in our favor.
We must think and act to improve the system in a united way.
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