Protection of Whistleblowers in India: A Corporate Perspective

Abstract

Bureaucracy, Red-Tape, Corruption, Nepotism and Political Greed, are few terms, with which, we can closely associate India with. Stifling the voice of the truthful and the poor, has been the witnessing agenda of all distrusted political parties that climb up to power through vote-bank politics and, through 'push and pull' supplied and initiated in form of 'monetary favours' political parties get from the Corporate Honchos. Equation between Corrupt Political Parties and Corporate Honchos with draconian greed, has been unilateral. Political parties rise to power through the financial aid and support of corporate tycoons, and once they are crowned with overwhelming majority, they busy themselves with reverting back favours to the corporate giants by shaping country's economic and fiscal policies in a way that best suit their corporate-friends, many times than less, by rigging the government tenders (Coal Scam, 2G Scam and CWG Scam). Amidst this anarchy there is a miniscule population of people who have the guts to stand against and expose the corporate-political-nexus of malpractice. These people are the conscience keepers of the nation, who risk their everything, to bring the guilty and corrupt to task. These social-activists of impeccable integrity are called the Whistle-blowers. This paper explains the whistle-blower policy initiatives that India has equipped itself with, lately; along with the corporate governance code that India thinks can deliver the much required to better rid India of the corporate malpractices. In the last few sections of this paper, author compares India's position with few other countries, to test where India stands at the global platforms so far as whistle-blower policy initiatives are concerned.