Tuesday, November 15, 2011

Power of the Fourth Estate

The past 10 years have probably seen more Indian politicians being jailed as compared to the previous 50 years. Corruption and crime have always been mixed up with Indian politics. The public has over the years come to acknowledge that Politicians and other influential classes can get away with almost anything. In the 80’s and 90’s, it was unimaginable to have a minister or even a MP/MLA to be arrested. This general public perception is slowly changing in the past decade or so. Lalu Prasad and Shibu Soren are two prominent political figures who went to jail in the early part of last decade. In the spotlight today, are politicians and business leaders arrested in the 2G scam. You also have the former Karnataka chief minister and other ministers being arrested. One suspects that, with all their money and influence, these high profile accused will manage to get acquitted in the end. Nevertheless, all these arrests have shown that the Indian law & justice system has enough life left and if nurtured, can truly make life easier for the general public.

So, what has brought about this change? Despite systemic corruption and money power, how has the law been able to bare its teeth so often in the past decade?
There could be many reasons pointed out – like higher social awareness and better education. But I think the single most important factor leading to all these arrests is the private news media – especially TV news channels. Niche players like Tehelka started off the trend of investigative journalism armed with hidden cameras and phone tapping. Mainstream media has wholeheartedly adopted this method to stay competitive in this era of BREAKING NEWS. Every political party has its own news channel and its way too eager to expose corrupt politicians belonging to other parties. Channels are competing with each other to be the first to expose the next big scam. Had there been 3 or 4 channels, money and power would have been enough to control them. Now there are too many dogs to feed. It’s not possible anymore to control the news media collectively.

Perhaps the single biggest mistake committed by Indian politicians, which hurts their own tribe the most, has been the privatization of TV news broadcasting. Its probably one of the best things done for the Indian public – inadvertently – by politicians. Anna Hazare’s voice would not be nearly as strong as it is today, without the private news channels airing his every word. If I were a politician, and looking for ways to control this menace, the solution would be to reduce the no. of media companies to maybe 10% of what they are today. This can be done by encouraging mergers and acquisitions in a big way. One sure way to do that would be to open up this sector to 100% FDI. God forbid, that should not happen in India. Otherwise, within a decade, we will have just 3 or 4 holding companies running all news networks across the nation.

Anyway, as of today, we have a strong media capable of The judiciary has shown that there are significant pockets of integrity and courage left in the highest courts in the land.
So, let’s see what we have now. We have a strong media. We have a good judiciary, which has been severely damaged, but not irreparably. We have a fledgling economy, which is miraculously continuing to do well, thanks to the ingenuity of our entrepreneurs. One area where we are failing is education, which continues to grow, but too slowly. If our economy continues to do well for another decade and if we can strengthen our judiciary and education system, India is all set to enter the league of developed nations in my lifetime.

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