Four possibilities on Justice Varma ‘cash-scandal’, each worse than the other, and what they tell us about India’s thriving black economy

There are four distinct possibilities regarding the source of the cash allegedly found at Justice Varma’s residence. Irrespective of whether it belongs to him or not, the implications on the common litigant’s trust over the judicial system are serious. India’s black economy, a complex enmeshment of political and corporate actors, has manifested itself through this scandal of our times.
Four possibilities on Justice Varma ‘cash-scandal’, each worse than the other, and what they tell us about India’s thriving black economy
Arun Kumar

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/.

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