Climbing Out Of The Coal Pit

It’s time we realised India’s mineral wealth belongs to its people, not to the politicians

Chetan Bhagat 

Imagine yourself in a large joint family. The family members have differences, but live together as one. The family owns a huge jewellery shop full of precious ornaments and family treasures. To run the shop, the family appoints a manager and gives him full control. 
    In fact, the manager doesn’t even have to sell the ornaments. He can give the diamonds and pearls away to whomsoever he wants, as long as he can show some selection criteria, designed by the manager himself. He can play favourites and reject anyone he wants. 
    What do you think will happen? What will this manager, or in fact any manager, do? 
    He will clearly call his friends and family first and ensure they get enough precious gems. He will also bestow jewels to those who can return favours, cash or other gifts. Soon, the shop will be robbed blind and the family will suffer a huge loss. 
    Next, imagine the upset family fires the first manager and appoints another one. The rules are kept the same – to give the jewellery away for free at the manager’s discretion. Of course, over time, the other manager too fills the coffers of his friends and family.