According to news reports, two young men of Mumbai, both scions of political families, have purchased a 6-acre property of Kohinoor Mills in a competitive bidding process at an astronomical price of Rs 421crore. Given Mumbai’s skyrocketing real estate prices, this may well be a reasonable investment. And in a market economy, it is no sin to be wealthy. As Deng Hsiao Ping said, it is glorious to be rich.

The recent CBI raids and allegations of disproportionate assets of a prominent Haryana politician to a tune of Rs. 1500 crore have barely evoked any interest among political pundits and media. There is such cynicism prevailing about politicians, that most people tend to believe the worst about ‘them’.

Indian higher education is in deep crisis.