| I will give you my interpretation: - There is an incredible amount of systemic corruption in India. This means there are people- a lot of them, who are rich not by the value creation or inheritance. - A measure of wealth in India is land ownership, not swathes of hundreds of acres of land like Bezos, but owning a 200 Sq.Ft. land or some real estate property in cities. A flat in a decent city like Bangalore or Hyderabad goes upwards of million dollars. - Binami. These are aliases of rich politicians mostly their family members control hordes of wealth. When these people start to give away, it actually generates negative social capital. They face a backlash from the same people they are donating to because, they cannot donate enough. The reason why recipients are insatiable is because, they view the wealth accumulated by these people is thru' non-legit means. - We are seeing a new generation of multi-millionaires in this country. Seeing what they saw I don't think they will be inspired to donate. If they set up an organisation be it a private charity, there is a good chance they will have to deal with misappropriation of funds in their own organisation. - Add caste based and religion based inconveniences you may cause to general public with your charitable work, unbeknownst to you. |
Two weekends back I was stopped by traffic police. But any way the police guy checked for licence, insurance, RC book, emission certificate, and realized there was nothing to fine. Eventually he threw a surprise by stating I was speeding, it wasn't exactly possible because they were standing at a corner, and the traffic itself was't moving above 30 km/hr.
I realized his palms were itching and he wouldn't settle without getting paid. Beyond had to pay 200. Removed 500 from my pocket, he removed two bundles from two of his pockets to pay me the change. From what I could estimate from a glance, he had a good 2 lacs on him. And he had two more of his buddies with him. With puts the net collection close to 6 lacs per corner, per collection unit.
Man, given how big Bangalore is, the volume of vehicles and places they can stand for collection, that is in the upper double digit crore bribe collection per day across Bangalore. And that is just from a small government unit doing a small piece of work. Across a city like Bangalore, I estimate bribe collection per day to rival a thousand crore a day at least.
No hard work can beat that kind of income. These days your ordinary government engineer is worth a few hundred crore.