Don't blame the judiciary

The downturn in the economy demands scapegoats. The judiciary has been targeted as co-accused. The principal charge is that Supreme Court judgments in the 2G, Bellary, Coalgate, Vedanta and other cases damaged the inflow of investment. This slowed down the economy resulting in less money for food, health and education. Without this investment, the revenue and current account deficit will worsen - especially with the government on a vote catching populist spree of expenditure.

Read Full Story>>