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Victory ‘Thagii’ for Corporate Rajas

Basically what we have seen in the last two years is the centralisation of black money in the hands of political parties primarily.

Just as the nation was absorbed in the drama of a yogi being ordained as Chief Minister of UP, the PMO made an unprecedented legal power grab. The Finance Bill introduced a month earlier was being discussed in the LokSabha. On the second day after most of the MPs had already spoken, it emerged that at the last minute the Finance Minister had introduced 33 amendments to the bill without informing anyone in Parliament. Even his own MPs knew nothing about them since after all they are simply meant to obey the commands from the PMO. Since most senior opposition MPs had already spoken the previous day, they were not even allowed to register any protest let alone discuss these sweeping changes. This thagii may yet prove to be the most dramatic swindle in the history of Parliament.

Once again (as in the case of the AADHAR bill), in the name of a “Money Bill”, totally unrelated items were enacted into law bypassing standard legal procedure. Even more objectionable was that more than 30 changes were made in existing laws without creating new legislation and without any debate or analysis by experts. As MP NK Premachandran, suggested during the debate, the government might as well introduce all of its legislation in the Finance Bill and do away with the other "Sessions of Parliament". This is basically what happened in Gujarat before 2014, where the Legislative Assembly met little more than 20 days a year and where the Chief Minister rarely bothered to address the Assembly.
Now we are bound to ask what does this mean to the ordinary person? What this means is the next stage in the Pakistanisation of India, a power-grab by the PMO leading to a corporate raj and the crippling of the Parliament's rights.
First of all, now even low level Income Tax officers will have the power to raid anyone's home or business without having to give any explanation to the victim or even the tax tribunal. Furthermore tax officials are even allowed to investigate accounts even of the distant past. This clearly gives the government the power to threaten opposition leaders and to bully the public into submission. The 'Inspector Raj' is back in a new corporate avatar.
However, there is another added bonus for the ruling party. Before companies could legally donate only 7.5 % of their net profits in 3 years to political parties and they had to disclose the amount and the names of the parties in their account. In this so-called money bill the government has amended this law enabling companies to give as much money as they like and companies are not made to state to which political party they have given the money. And of course the political parties do not have to reveal who has given them their funding.
Thus the ruling party can threaten small businesses with a tax raid and also take money from these businesses without anyone knowing anything. And also the foreign-sponsored corporates who are buying up Indian companies will be able to bribe their way to control the Indian economy and no one will ever know. This can also lead to the further growth of shell companies for money laundering. As it is, there are now several hundred parties that never contest elections seriously and that exist primarily to launder black money. Basically what we have seen in the last two years is the centralisation of black money in the hands of political parties primarily.
There was one obstacle standing in the way of the end of democracy's system of a balance of executive, legislative and judicial power. This was the large system of tribunals to arbitrate on issues of corruption and injustice in various sectors (from railways to provident funds). These tribunals were run in different ways - some by recommendations by the judiciary and some by Parliament. Now the government has seized control over these tribunals without drafting any parliamentary law. This ends any chance of government corruption or pro-corporate policies being challenged and debated. The fundamental thrust of the ruling party's policies in this instance and all others is simply to shut people up and silence the voice of resistance. This was also the essence of Indira Gandhi's raj but her raj was not capable of creating mass hysteria and violence using religion. In the name of nationalism, the control over the country's government is being handed over to foreign corporates. And those who protest this Desh-droha are called "anti-nationals". This thagii is beyond even the wildest dreams of Shakuni.


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