Scams in India since Independence

Talking specifically about scams, I think the major scams which have haunted 'Mother India' . Since Independence are as follows:-

Mundhra Scandal
The Mundhra scandal involved then finance minister T T Krishnamachari, who pressured the government-owned Life Insurance Corporation of India into bailing out Haridas Mundhra, a Calcutta-based industrialist, by buying shares worth Rs 1.24 crore in six companies owned by him.

Fodder Scam
Fodder Scam is a scam related to Animal Husbandry Department of Government of Bihar in which irregularities of nearly Rs 950 crores (US $ 210 million) were detected. The scam was unearthed in 1996 during the regime of chief minister Lalu Prasad Yadav.

Bofors Scandal
The Bofors Scandal was a major corruption scandal in India in the 1980s; the then Prime Minister Rajiv Gandhi and several others were accused of receiving kickbacks from Bofors AB for winning a bid to supply India's 155 mm field howitzer.

Security Scam
In April 1992, the Indian stock market crashed, and Harshad Mehta, the person who was all along considered as the architect of the bull run was blamed for the crash. It transpired that he had manipulated the Indian banking systems to siphon off the funds from the banking system, and used the liquidity to build large positions in a select group of stocks.

Lakhubhai Pathak cheating scandal
Lakhubhai Pathak, an Indian businessman living in England alleged that Chandraswami and K.N. Aggarwal alias Mamaji, along with Mr. Rao, cheated him out of $100,000.00. The amount was given for an express promise for allowing supplies of paper pulp in India, and Pathak alleged that he spent an additional $30,000.00 entertaining Chandraswami and his secretary.

Hawala Scandal
The Hawala scandal or hawala scam was an Indian political scandal involving payments allegedly received by politicians through hawala brokers, the Jain brothers. It was a US$18 million dollar bribery scandal that implicated some of the country's leading politicians.

Lavalin Scandal
The Kerala State Electricity Board (KSEB) signed an MoU with Lavalin in August 1995. Under the provisions of the MoU, the funds for the renovation were to be arranged by SNC Lavalin from the Export Development Corporation (EDC), Canada, and the Canadian International Development Agency (CIDA). The Board did   so, ignoring the CEA's recommendation that immediate replacement of the generating units at the Pallivasal power station was not called for as the plant was in fairly good condition.

Ketan Parekh Scandal
Companies when raising money from the stock market rope in brokers to back them in raising the share price. Ketan Parekh formed a network of brokers from smaller exchanges like the Allahabad Stock Exchange and the Calcutta Stock Exchange. Ketan also used benami or share purchase in the name of poor people living in the shanty towns of Mumbai. Ketan's rise to fame occurred at the same time as the worldwide dot-com boom (1999-2000) and he relied primarily on the shares of ten companies for his dealings.

Barak Missile Scandal
The Barak Missile Scandal is a case of defence corruption relating to the purchase of Barak Missile Systems by India from Israel. The case is currently   under investigation by the Central Bureau of Investigation, and several people including the Samata Party ex-treasurer R.K. Jain have been arrested. Others named in the First Information Report include politicians George Fernandes and Jaya Jaitly, and arms dealer and ex-naval officer Suresh Nanda, who is the son of retired chief of naval staff S.M. Nanda.

The Tehelka expose
In 2001 a sting operation conducted by Tehelka, alleged that 15 defence deals made by the government had involved some sort of kickback and the Barak deal was one of them.
The NDA government set up a commission to investigate the matter. The UPA government, currently in power, has rejected the part-report by the commission and the whole matter is now being investigated by the Central Bureau of Investigation (CBI).
Telgi Fake Stamp Scam
Telgi was arrested in 1991 by Mumbai police for fraud. During his subsequent prison sentence, he reportedly learned the art of forgery from an expert. He was released and, in 1994, acquired a stamp paper licence from the Government of India. He began printing fake stamp paper. He appointed 300 people as agents who sold the fakes to bulk purchasers, including banks, FIs, insurance companies, and share-broking firms. His monthly profits have been estimated as being in the neighbourhood of Rs 202 crore.

Food for Oil Programme Scandal
The Then External Affairs Minister, Natwar Singh was removed from the post on November 7, 2005 (though retaining a cabinet role as minister without portfolio) following a controversy over his alleged involvement in the United Nations Iraqi Oil for Food scandal. The Independent Inquiry Committee under Paul   Volcker had reported on October 27, 2005 that he and his son Jagat Singh were non-contractual beneficiaries of the Oil for food programme.

Mid Day Meal Scam
In January 2006, the Delhi Police unearthed a scam in the Mid-Day Meal Scheme. In December 2005, the police had seized eight truckloads (2,760 sacks) of rice meant for primary schoolchildren being carried from Food Corporation of India (FCI) godowns in Bulandshahr District of UP to North Delhi. When the police detained the trucks, the drivers claimed that the rice was being brought all the way to Delhi to be cleaned at a factory. However, according to the guidelines, the rice has to be taken directly from FCI godown to the school or village concerned. Later it was found that the rice was being siphoned off by a UP-based NGO, Bharatiya Manav Kalyan Parishad (BMKP), in connivance with the government officials.

An analysis of the Scams committed since 1992 reveal that these scams involved huge money.Let us evaluate in monetary terms the magnitude of these Scams.

The monetary value of the Scams committed since 1992 are as follows:-
1992 -- Harshad Mehta Scam was worth Rs 5000 Crores.
1994 -- Sugar Import Scam was worth Rs 650 Crores.
1995 -- Preferential Allotment Scam was worth Rs 5000 Crores.
1995 -- Yugoslav Dinar scam was worth Rs 400 Crores.
1995 -- Meghalay Forest Scam was worth Rs 300Crores.
1996 -- Fertilisers Import Scam was worth 1300 Crores.
1997 -- Sukhram telecom Scam was worth Rs 400 Crores.
1997 -- Lavalin Power project Scam was worth Rs 374 Crores.
1997 -- Bihar Land Scam was worth 1200 Crores
1997 -- C R Bhansali stock scam was worth Rs 1200 Crores.
1998 -- Teak Plantation Scam was worth rs 8000 Crores.
2001 -- UTI Scam was Rs 4800 Crores.
2001 -- Dinesh Dalmia Stock Scam was worth Rs 596 Crores.
2001 -- Ketan Parekh security scam was worth Rs 1250 Crores.
2002 -- Sanjay Agarwal Home Trade Scam was worth Rs 600 Crores.
2003 -- Telgi Stamp paper Scam was worth Rs 172 Crores.
2005 -- IPO Demat Scam was worth Rs 146 Crores.
2005 -- Bihar food relief Scam was worth 17 crores.
2005 -- Scorpene submarine Scam was worth Rs 18,978 crores.
2006 -- Punjab's city centre project scam
2006 -- Taj Corridor Scam was worth 175 Crores.
2008 -- Pune Billionaire Hasan Ali tax default scam was worth Rs 50,000 crores.
2008 - Satyam Scam was worth Rs 10.000 Crores.
2008 -- Army Ration Pilferage Scam was worth Rs 5000 crores.
2008 -- 2G Spectrum Scam was worth Rs 60.000 Crores.
2008 -- State Bank of Saurashtra Scam was worth Rs 95 crores.
2008 -- Illegal money in Swiss Bank is worth Rs 71,00,000 Crores.
2009 -- Jharkhand Medical equipment scam was worth Rs 130 Crores.
2009 -- Rice export scam was worth Rs 2500 crores.
2009 -- Orissa Mine scam was worth Rs 7000 crores.
2009 -- Madhu Koda scam was worth Rs 4000 crores.
2010 - IPL fraud involving swine called Lalit Modi option was worth?
2010 -- Commonwealth Games loot is worth?

The total monetary worth of the Scam committed since 1992 in India is worth more than around Rs 1,00,00,000 crores (One Crore Crores).

If analyze these scam using your commomsense, you would come to the conclusion that the real thieves robbing our Country are essentially "Polticians, industrialists and stock broking dalals of dalal street". And one more thing if Mrs. Gandhi is so much strict on corruption in this country so why not realize that how much congressman are corrupt after reading the above list. I request Mrs. Gandhi to read this list and realize how much scam takes place in congress’s regime.