Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
Prem Panicker, a keen follower of the game and one of cricket's finest writers, analysed, debated and dissected the four semi-finalists on the Rediff World Cup Chat on Monday.