Second Anniversary of Exit of Vijay Mallya
Dinesh Divekar
Coach | Trainer | Faculty | Consultant | Purchase, Inventory, Vendor, Supply Chain & Contract Management | Purchase Negotiations | PMS | Business Strategy | Bangalore | Mumbai | Pune | Chennai | Gurgaon | Noida | Delhi
Today, on March 2, 2018 while India is celebrating the colour festival of Holi, not many remember that it is also an anniversary wherein Vijay Mallya fled the country. Few also would remember that government was caught napping when Vijay Mallya fled the country as much it was when Nirav Modi and Mehul Choksi fled the country.
India is no where close to getting back Vijay Mallya. Yes, the case is going on but notwithstanding bravado of BJP spokespersons on getting Mr Mallya back, outcome of the case is uncertain. Though India has extradition treaty with England, hardly it has worked in India’s favour. Economic offenders can roa scot free in England.
Modi government, if they had ounce of wisdom, could have prevented royal exit of economic offenders. All that was required for Finance Minister or even Prime Minister to give directions and find out solution on how to circumvent future exits. But hang over of 2014 clear victory even in 2016. Modi government was self-possessed, they did not see any political threat and winked at Mallya’s exit.
Once bitten twice shy goes the proverb. But Modi government become shy after second bite. But then to govern a country, what demands is wisdom. Mere having shyness is not sufficient. Has Modi government become wise? Even die-hard bhakts also do not vouch for that.
Modi government went scot free when Vijay Mallya fled the country because it enjoyed the benefit of doubt. With the fleeing of Nirav Modi and Muhul Choksi, the score with the Congress has become even. People are disappointed that this government is laid back as much the previous government was. By chance if the third such exit happens, Modi government could lose all the credibility and it might have to pay huge political price.
Mr Narendra Modi came to power with development agenda. But then Modi government failed to realise that in addition to development, the ruler should be able to create a sense of deterrence. Mr Modi had mocked opposition for not having sufficient chest measurement. The scams show that deterrence cannot be linked to the chest size. Electorate are at least assured that Mr Modi will not talk about his 56-inch chest in the 2019 election!