My Two Bit on Corruption

As a friend told me, there are two types of black money, the type that circulates back into the economy and the type that is lost. Corruption has been soaking up money that might have otherwise circulated in the economy. This money, parked in offshore accounts, results in the fattening of the purses of babus, netas and foreign bankers and is lost to our economy; several crores worth of capital that could have led to the start up of thousands of enterprises and the creation of hundreds of thousands of jobs.

So much corruption has been unearthed. Yet I believe that it is all for the good. For it was not that corruption on such a scale did not exist before, it is that such corruption is now being brought out into the open and is in the process of being purged.