India is a very strange nation. Laws
are not the same for every body. Regulatory authorities have two standards one
for rich and another for non influential persons One individual Mallya could do
al l types frauds that defaulting
repayments of loans from so many public and private banks, could eat up the PF and
Income tax deductions of his employees , could escape from this nation when so
many cases are pending against him and so many institutions are ready to take actions
on him in a leisurely manner and could escape actions from the labour law violations
and non payment of salary to his
employees for several months who were waiting for some justice from him . Ouu
Prime Ministers , Finance Ministers and Reserve Bank governors always claim
that our fundamentals are very strong and out regulatory d bodies are very efficient
What is the whole episode connected with Mallya convey to the world ? these
bodies have thew teeth only to bite poor farmers if thay fail to pay one or two
EMIs on tractor loans and drive them towards suicide. Big defaulters are treated
like dignitaries . What a nation!
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