Market led economic order did not check corruption ..Modi could fool the people that he could.and come back to power

From the excerpts of the critique of Manmohanamics the ideology which  wrought fiscal revolution....... 

 During the crucial transition period of late 60s and early 70s, the influence of political power brokers grew immensely and the collusive oligopoly started flowering between politicians and bureaucracy. Licenses and quotas conferred windfall gains to this coalition. Later, Business men and police jumped into the bandwagon of corruption. Majority of the people in the executive wing realised that it was futile to swim against the current and it was better and wiser to build financial empire and thus there was a natural and normal process of the evolution of a corrupt regime, linking politicians and bureaucracy and the resulting accumulation of personal wealth by these rogue individuals got recycled back  to overseas bank account.

Everyone expected that , unleashing of harsh market forces  and dismantling of  exchange control regime and massive privatisation programmes would ultimately check corruption , put the economy on a fast development track and that market friendly policies and programmes will eventually promote the common good of the majority freed from the interference of the Government. But alas! the nexus between crime, business and politics- all leading to massive corruption has become so tightly linked now in the market driven economic has order and only under the intervention of Supreme court, big time corruption has come to the surface and also a prolonged battle has to be waged by civil groups through Public Interest Litigation (PIL) to bring them to light. The much infamous  2G Spectrum and Common Wealth Games scandals may have been the symptom of massive corruption but still they are only, a tip of the iceberg and absolutely there is no commitment or willingness by the Government to unravel the black money and repatriate it from overseas banks accounts 

(It has done one thing for the tea vendor turned chief minister to  become the PM of the country  by the slogan that he will bring out the black money  and root out corruption He told he will put 15 lakhs into individual bank account  OH  my fellow true Indians  sorry  anti Indians  i am fedup and tired about the direction of my country.).Economics cannot work unless there is basic governance. 

Market cannot work unless there is a set of social norms. Nothing can work if politics continually outsmarts economics and even at a global level there is no major power to play the role of an anchor with tremendous moral authority to punish the rouge national economies. 

My dear PM be happy  you do whatever you like  clowns in TN will make your party to get deposit I predicted hung assembly in 2014  but your magic  sorry God's will operated you won and got into drunken Monkey mood and did something dramatic which no sane individual could ever  think of   Now you beg that you should not be judged by that...If the opposition remains disunited and the congress does not have the strategy to collar you sufficiently  you will be the great leader of 21 st century and do one more demonetisation as a factory in Bangla Desh has printed your notes and we do not know the branch offices...