22 October, 2020

After The Burial, At The Wake

‘India inured’. Who cares anymore for a hundred crore scam?

Puneet Paranjpe
After The Burial, At The Wake
outlookindia.com
-0001-11-30T00:00:00+05:53

Liberal Benefits?
The opening up of the economy post-’91  boosted scam monies into the stratosphere  

Total scam money (approx) in Rs crore since 1992:
73000000000000

  • 1992
    Harshad Mehta securities scam Rs 5,000 cr
  • 1994
    Sugar import scam Rs 650 cr
  • 1995
    Preferential allotment scam Rs 5,000 cr
    Yugoslav Dinar scam Rs 400 cr
    Meghalaya Forest scam Rs 300 cr
  • 1996:
    Fertiliser import scam Rs 1,300 cr
    ...
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