“A man who has never gone to school may steal a freight car; but if he has a university education, he may steal the whole railroad.” ― Theodore Roosevelt
Corruption is prevalent all over the world and is a social, political and economic complex trend. It slows the economic growth, leads to instability in the government and undermines democratic institutions. Corruption acts in distorting electoral process in a democratic setup, alters the rule of law and creates bureaucratic predicament that encourage bribes. It hampers economic development of a region as foreign investors hesitate in investing and small businesses dry up due to increased costs because of corruption. Innovative Financial Advisors Pvt. Ltd. believes corruption is an obstacle towards achievement of the Millennium Development Goals and needs to be taken into account in defining and implementing a vigorous post-2015 development plan.
In the year 2011, India saw an uprising to make the country corruption free. It all started on April 4th 2011 when protestors gathered at Jantar Mantar, New Delhi with an intention to bring a strong legislation and enforcement against perceived widespread political corruption. The anti-corruption crusader Anna Hazare began fast unto death from 5th of April and the movement gain a stupendous momentum. It brought millions of people on to the street, from Delhi to Bangalore, Kolkata to Mumbai there were protests in 52 cities of the country. The movement was a Gandhian one and included marches, hunger strikes, civil disobedience. Social media played a crucial role in creating awareness and mobilizing people for the movement to sustain.
The government used all its tricks to stop the movement and Hazare was captured and sent to Tihar jail. When asked by a reporter as how can he continue the protest despite prohibitory orders by the government, he replied saying “how can the government stop anyone from protesting? The land is not their ‘father’s property’. The citizens are the masters of this country and the ministers are their servants”.
Several opposition political parties, BJP and CPM supported Hazare and urged the government to take his fast seriously. However, there was no result to the movement and the bill is yet to be passed by the government of India. The movement also saw emergence of Arvind Kejriwal a member of team Anna who was detained along with Anna Hazare. Arvind and Anna moved apart in 2012, the former went on to establish a political party named as Aam Admi Party while the latter continued the movement. The Aam Admi Party took the national capital by storm and shocked the nation by winning 28 seats out of 70 in the 2013 Delhi Assembly elections. The party also received majority of the vote share with more than 30% of the voters voting for them.
Innovative Financial Advisors Pvt. Ltd. believes that strong and effective measures are required to make the nation corruption free. Transparency and willingness to set an example in front of the world is necessary. Innovative Financial Advisors Pvt. Ltd. always strives towards providing greater transparency to all its associates.