This is my second piece on two part articles on speeches of Swatantra Party leader GK Sundaram in the Upper House of Indian Parliament as Member in the late 60 and early 70s of socialist era.
He was a pioneering entrepreneur for several decades experiencing the socialist economic policies which hit him very badly.
In way, he had suffered both ways in terms of losing personal freedom to do and also in business professionally. Unlike others, he was lucky to see the economic freedom that was unleashed in the 90s.
Many people do not know that Sundaram was the one who exposed the political party corruptions indulged by Motilal Nehru in the pre-Independent India. Similarly, he exposed the political party corruptions indulged by Jawaharlal Nehru in the post Independent India.
From the piece:
"Sundaram had criticised The Monopolies and Restrictive Trade Practices Bill, 1967 on the ground that "The development of big installations and their economic production is very well known all over the country and even in our country in some of the public sector undertakings we are going in for bigger and bigger installations so as to be economic. All other countries the world over are going in for that whereas we are going in the other direction."
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