"India’s political democracy was built on political payments. ‘Speed money,’ shakedowns, and gaining illegal access to wealth—known as ‘black money’—occupied much of the time and energy of the Congress Party while it was ruling India. For generations, corruption of government officials by Indian businessmen has bought official tolerance for hoarding, adulterating, smuggling, and black marketing. Payoffs have been an integral part of Indian business-government relations."
Neil H. Jacoby

January 1, 1970

Quote Details

Added by wikiquote-import-bot
Added on April 10, 2026
Unverified quote
0 likes
Original Language: English

Sources

pp. 14-15

https://en.wikiquote.org/wiki/Neil_H._Jacoby