party (under Indira Gandhi) that started taking the nation to croxny capitalism.
After raising taxes for high income individuals and corporates to stratospheric levels under the garb of socialism, she made the bureaucracy turn a blind eye to wholescale loot of the exchequer by the likes of the Thapars, Birlas, Mafatlals, Bajajs, etc and then ran expensive election campaigns funded by them which the opposition could never match. The parallel economy (euphemism for tax evasion on a very big scale) was born during her time.
Today, Narendra Modi spends immensely more (even after taking inflation into account) in his election campaigns than what Indira Gandhi did in hers or any other political party does in theirs.
The only difference is that while Indira Gandhi helped croxny capitalists evade taxes wholescale and made diversionary talk about what she called socialism, Modi helps croxny capitalists steal lakhs of crores of rupees worth of public wealth through a range of innovative instruments such as P notes and through discretionary allocation of contracts and revenue land at heavy costs to the exchequer and calls all this development !
bjpee media managers know that most of the people read rediff are bjpians only so they don't fill rediff's pocket in any way. still rediff keeps trying best to get their attention
