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The Great Indian Scams

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Calumny Column Image By one estimate, the amount stashed by Indian politicians in foreign bank accounts totals around US $110 billion.

The Indian national budget is approximately $65 billion. The total industrial infrastructure development India needs to be at par with some of the developed countries is around $150 billion. Additionally, this amount equals the cost of 366 nuclear reactors at the cost of $300 million dollar each.

  Project Name Amount (in Rs)
1 Share scam 1000 crores
2 Sugar scam 650 crores
3 Bofors scam 65 crores
4 Hawala case 65 crores
5 Housing scam 18 crores
6 M.P. trading 32 crores
7 Fertilizer scam 133 crores
8 Medicine Equipment scam 5000 crores
9 Telecom case 1200 crores
10 Newsprint case 20 crores
11 Indian bank scam 1336 crores
12 Fodder scam (Bihar) 1000 crores
13 Land scam (Bihar) 400 crores
14 Bitumen scam (Bihar) 100 crores
15 Medicine scam (Bihar) 100 crores
16 Forest case (Meghalaya) 300 crores
17 Ayurveda scam (UP) 32 crores
18 Dhoti-Saree scam (Tamil Nadu) 11 crores
19 Coal scam (Tamil Nadu) 750 crores
20 Forest reserve scam (Meghalaya) 75 crores
21 Wakf Scam (West Bengal) 1600 crore
22 Dental College Case (Karnataka) 50 lakhs


Calumny Column Image This is just the tip of the iceberg. Other scams have included the Treasury scam, Panchayat Scam, Fishery Scam, Cooperative scam, Dairy scam, Food Ministry scam, Lottery scam, and various hospital scams.

In addition, the system has produced many a jewel:

  Name of person Amount (in Rs)
1 Motilal Vohra 11.0 lakhs
2 P. Shiv Shankar 26.0 lakhs
3 Ajit Panja 3.5 lakhs
4 Balaram Jhakar 61.0 lakhs
5 N.D. Tiwari 25.0 lakhs
6 B.D.Thakne 10.0 lakhs
7 Kalpnath Rai 54.0 lakhs
8 C.K. Jaffer Sharif 10.0 lakhs
9 Buta Singh 7.0 lakhs
10 V.C. Shukla 65.0 lakhs
11 P.L.Sahi 11.3 lakhs
12 R.K.Dhawan 50.0 lakhs
13 Madhav rao Scindia 75.0 lakhs
14 Kamal Nath 17.0 lakhs
15 Arjun Singh 10.0 lakhs
16 S.L. Khurana 3.0 lakhs
17 Arif Mohd. Khan 7.0 crores 56 lakhs
18 Asoke Sen 20.0 lakhs
19 Yashwant Sinha 21.0 lakhs
20 Devi Lal 50.0 lakhs
21 K. Natwar Singh 21.0 lakhs
  Chandram 1.0 lakh
22 Arjun Singh 10.0 lakhs

(Figures are as per chargesheets of the Central Bureau of Investigation)

This is without the mention of luminaries like Jayalalitha and Laloo Prasad Yadav. All these great men and women have emerged in the past decade and is only a miniscule fraction of the amount of wealth that has been generated by these exceptional strategies and their predecessors over the past 50 years.

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Sunit Katkar is a cool guy in San Diego


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