By IANS,
New Delhi: The Supreme Court Wednesday said that policy making was gradually becoming subservient to the corporate world — in the name of democracy and people’s mandate.
Judges G.S. Singhvi and A.K. Ganguly said: “We are gradually becoming subservient to corporate world” and “that is the benefit of privatization. There is no rule and no holds barred. It is a real laissez faire”.
The court admitted there were periodic elections but asked if this was democracy for real.
The court was hearing a petition by Janata Party president Subramanian Swamy seeking cancellation of second generation licences issued to telecom operators.