IIM students get sky-high salaries!

So, India now a Superpower?

It seems it is time for celebrations for India! This year, the American Forbes magazine that tracks billionaires all over the world revealed for the first time that next to America India has produced so many billionaires! Not even China is near India in this league. They very language of the India’s new generation of entrepreneurs, the Indian IT professionals and the new generation of achievers, in so many fields, be it sports or arts or in every other sphere, from films to media enterprises, it looks India is fast becoming a world centre, if not a world power!

There is already this huge middle class rising! Consumer boom is visible, salaries of even the starters like  BPO workers is on the high.Rs.10,000 is the minimum salary and in Mysore there is a job mela that promises job orders on the very day of interview. Come all B.A.s and B.Com.s! Say the leaflet, jobs is for your taking, blares the voice!

So, why not celebrate the new India of young achievers!

All this good development comes on the heels of the IIMs MBA students bagging the biggest yet salary highs! A salary of one lakh ninety-three thousand dollars for a campus-recruited IIM graduate? Yes, yes! This is real money 8,00,000 a month!

Of course, this is a time for much celebration. But at the same time there is also the other side to this reality. What is it? As the veteran journalist, T.J.S.George of the Indian Express had written in words that worth quotable:” What we have is a felonious political class colluding with a venal administrative class to produce a contemptible record of knavishness”.

This was written in connection with the latest corruption scandal in Karnataka where 5 police officers, combined earned something like 60 crores worth of property, cash and jewellery, some of which was found to have been stolen from those who lost it while they went to complain to the police, the respective police officials pocketed the stolen jewlllery for their own safe custody!

The point is that, yes, India is producing lots of wealth through private entrepreneurship. This is the positive change in Indian environment where for long the only goal of education is to secure a lowly government job. The very same police inspectors were getting very low salaries, something like Rs.16,000 after serving for so many years. So, they resorted to direct assault on the system by systematically plundering the public!

This should not be so but yet this is the reality.

Now, what to choose between the respective ways of life’s chances? Work hard, engage yourself in some enterprise and make your way through personal toil or try the easier route to wealth and success and fame? This is the dilemma that is dogging the younger generation.

Unfortunately, the Indian system today is such that the leaders are no reliable guides. We don’t have Gandhis or Nehrus. Rather we have the betrayers of the rich legacy of Indian freedom struggle.

What the lowly police officials or the lowly politicians have been doing is to misuse the public offices. The MPs and the Ministers in Delhi are now emerging as the new venal class, the Ministers in the Cabinet are ‘tainted’, yet the system allows the PM or the party leaders to wink at their own compromises. The recent elections to the Rajya Sabha also brought to the public notice how the whole polity is revolving on unprincipled beliefs!

Yes, we have rich traders and industrialists, rank outsiders  enter the Rajya Sabha,once the hope for intellectuals and  seasoned hands, now they MPs belonging to all parties are willing to be bought, the Congress leads the pack with immorality, then the BJP and Samajwadi party are mere pretenders.

So, the system in building up, in our view an international tension. A tension about our own immoralities in our own acts. Even the Supreme Court is cautioned by the PM to be restrained in the use of the Public Interest Litigation! Why? The top court is rather pro-active on the side of the helpless public!

But the very top court didn’t catch the guilty at high places as when it gave the verdict only indicting the Governor as in Bihar. The Constitutional or Parliamentary experts (as Subhash Khasyap says in a latest article) hold the Supreme Court should have at least pointed at the culpability of the Cabinet in recommending for the dissolution of the Assembly.

Kashyap (The Hindu, March 21st) says:” The last but not the least responsible player has been the Supreme Court itself. The primary duty of the Court is to adjudicate disputes and provide relief…It is worth considering whether the courts are not putting  too much emphasis on laying down high principles for future generations making immediate adjudication of a dispute and relief to petitioners and public interest a casualty”.

Yes, the high institutions of the state are put to severe pressure to the point of explosion, if not immediately, but in the not long future, by the compromisers of morality, the compromise with evil by the high and mighty will create much unsettled feelings in all those who are left out of the cozy billionaires and the high salaried narrow middle class! The vast mass of people outside this circle is waiting to explode!

This is one more domain of any education worth the definition of the concept!

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