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Our resilient PM

Updated on: 23 November,2010 07:11 AM IST  | 
Dilip Cherian |

Watching the embattled Prime Minister coping with the 2G storm is not elevating

Our resilient PM




But that's exactly how he sounded at the Indira Gandhi Conference ufffd an exclusive Teen Murti house gardens launch event where Sonia efficiently presided.



But within a brief 18 hours, he had bounced back. At a recent leadership summit in the capital, the next day, addressing India's corporate honchos and glitterati, he showed remarkable resilience. A quick change and a welcome one.

Dilli is watching all of this with great attention because the political class is being battered, and nobody, not even the stock markets, are free of nervousness.

u00a0Is it just the case of jitters or is it justified? Keep watching this space.

Wealth drain
The illegal flight of wealth from India is an old story which keeps getting dredged up from time to time. Speculation about the sums involved varies, but all agree that it is humongous.

Interestingly, while we are still trying to come to grips with the revelations of the 2G scam, which have rocked the political establishment, comes a report which pegs illicit outflows from India since 1948 at a staggering Rs 9.6 lakh crores! Had all this money stayed in the country, it would have probably wiped out our entire external debt and some.

But in this season of sleaze, with Manmohan Singh and Co. busy trying to save the government and their kursis, if not credibility, the report is likely to pass off unnoticed. But, hopefully, with corruption and its
associated vices on the frontburner, pressure is bound to mount on combating the problem.

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