Corruption Impacts our Governance and E thics . Dinesh Kumar Kapila, CGM NABARD (Retd) (Published in The Business Sandesh of 05/11/2026) Centuries ago Chanakya (Kautilya) viewed corruption as an inherent risk of human nature when individuals are granted administrative power and financial custody. In his magnum opus, the Arthashastra , he dedicated entire chapters to state revenue, bureaucratic conduct, and the detection of embezzlement. His insights on public corruption are strikingly realistic, blending dark psychological observations with highly structured, pragmatic solutions. The off the book incentives required to set up a business in our nation are known but we obfuscate the issue or are resigned to the process. Permissions required in transfers of title deeds often entail a cost of servicing the process. It could be argued that these are lower order functionaries but it could be a reasonable assumpti...
Thank You, 17 th Punjab . Dinesh K Kapila CGM (Retd) NABARD (Published in The Vayu Aerospace and Defence Review - Edition V / 2026) It was the afternoon of a warm and humid August in 2016. I recall it even now. I entered the General ICU at a local reputed hospital in Chandigarh to meet my mother. She had collapsed at home due to a diabetic complication and for us it was touch and go till the ambulance got her to the Emergency Wing and subsequently moved her to the General ICU. Thankfully she recovered quite well and was discharged within a few days with the advise to recuperate at home. But to go back to the General ICU, I saw my mom lying quietly on her bed and walked towards her. This was the second day of her stay. As I bent down to greet her, she smiled, asked about me (a mother is a mother) and then gestured to the elderly tall lanky Sikh gentleman in the next bed. She said with a sen...