Should Business Lobbying be legalized to reduce black money?

Anoop Mathew

Anoop Mathew

@anoop-FRTf1L • Oct 26, 2024
Lobbying is in simple terms the art of influencing an entity to turn it into your favour. This entiny may refer to corporates, governments, politicians or policies of a country.

For a detailed idea read this: #-Link-Snipped-#

Now my question is "Will legalising of Business Lobbying help to reduce corruption in a country and hence the black money?"

Open discussion. I will add my points later.
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  • Ankita Katdare

    Ankita Katdare

    @abrakadabra • Feb 13, 2015

    I did write an article about this topic in a local newspaper back in January. Since many people believed that if Modi comes to power, we will see trucks filled with black money loaded on Indian shores (super rajnikanth style), many people look disappointed when nothing seemed to happen in first few months. And I thought that's why such articles were appearing in the newspapers.

    So if I understand lobbying correctly - it's the practice where businessmen fund political parties to convert their black money into white money, and upon getting elected, these politicians return the favour in the form of policies for the businessman.

    Just one question, Does legalizing lobbying imply that the already super powerful businessmen become more & more powerful to run the nation with the policies that suit their needs?
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  • Anoop Mathew

    Anoop Mathew

    @anoop-FRTf1L • Feb 13, 2015

    Ankita Katdare
    Just one question, Does legalizing lobbying imply that the already super powerful businessmen become more & more powerful to run the nation with the policies that suit their needs?
    Yes you could say that. But atleast things would have an account in India rather than turning into black money elsewhere
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  • Anoop Mathew

    Anoop Mathew

    @anoop-FRTf1L • Feb 13, 2015

    Anoop Mathew
    Yes you could say that. But atleast things would have an account in India rather than turning into black money elsewhere
    Also implying that fewer corruption possibilities occur. Now lobbying does take place indirectly under alias names (eg: FICCI, CII, etc)
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  • Ankita Katdare

    Ankita Katdare

    @abrakadabra • Feb 26, 2015

    Would love to hear more thoughts on this. Anyone?
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