What are the likely implications of the US Adani bribery case?
Unfortunately, politics, law and economics are likely to converge to ensure that the brunt of the Adani bribery case befalls the Indian economy and consumers. To avoid that, public consciousness about corruption and cronyism needs to be raised.
Arun Kumar is a Retired Professor of Economics at the Jawaharlal Nehru University. He is the author of ‘Indian Economy’s Greatest Crisis: Impact of the Coronavirus and the Road Ahead’. 2020. And, Indian Economy since Independence: Persisting Colonial Disruption. 2013. He blogs at http://arunkumarjnu.blogspot.com/.