FRIDAY, 4 SEPTEMBER 2026
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Crony capitalism in telecom sector is here to stay

Just like airlines, another industry where the customer, an ordinary Indian, is extremely vulnerable to crony capitalism is the telecom sector. The world’s second largest telecom market with over a billion active mobile connections has only three real players, take a look at their market-share - Jio : 40 per cent, AirTel : 33 per cent and Vodafone: 20 per cent. Vodafone, once a premium brand, now survives on government dole as the sarkari shareholding is to the tune of 49 per cent , Airtel is a legacy player launched in 1995, Jio was the last to market in 2016. It's quite clear that Modi's blessings have enabled Jio to grow by leaps and bounds. It is not a coincidence that two entities linked to Reliance have donated Rs 400 crore via the now illegal electoral bond scheme to the BJP. Also,  according the the government's own CAG report, BSNL, a PSU conveniently 'forgot' to bill Reliance a sum of Rs 1,757 crores over a decade for the latter's use of their passive infrastructure. This brazen and blatant loot is always to the detriment of the common man, but sadly vampire crony capitalism is here to stay.



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Reasons why Goans do not take up private sector jobs

JERRY FERNANDES, Saligao
Published Jun 19, 2025, 9:01 PM IST
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Chief Minister Pramod Sawant while addressing reporters after chairing a high-level meeting with key industry stakeholders on Wednesday has called on Goans to actively seek private sector jobs, warning that a continued reluctance could result in greater migration of workers from other states into Goa. Well, the reason why Goans are seen refusing to take up jobs in the private sector is because there's no job security as most of these private companies believe in 'hire and…

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