Monday, October 8, 2012

L'affaire Vadra


No smoke without fire !
What is pretty apparent that a middle rung handicrafts exporter, Vadra, does not have the resources to acquire such huge urban assets as have been disclosed by India Against Corruption, Ms Kejriwal & Bhushan. What is further obvious there is an unholy nexus between DLF, Vadra and the pliant GOI departments that facilitated the crony capitalism which IAC is battling against.
Coming into the public domain very shortly is act 2 of this play: Vadra's acquisition of large land tracts in  rural India specifically Rajasthan. Some 311 acres in Bikaner and a yet unknown acreage in Jaisalmer, has been bought by companies owned by Vadra, in areas rich in Gysum. Supposedly, 'friends' 'advanced' Vadra 'unsecured loans' too for these acquisitions !
The Vadra tehalka has yet not fully hit India. When it does, as it is gradually unfolding, it will have the proportions of a Tsunami on Indian politics !