Corruption in Public Sectors by Congress in its 60+ rule.

Congress and corruption both start with “C”. Thus bonding between them is unbreakably strong. India attained independence in 1947  and the first Govt. was formed under the leadership of Pandit Jawaharlal Nehru had few non-Congressi leaders, who were assigned ministeries. Mahatma Gandhi had asked Pandit Nehru to incorporate Dr. Babasaheb Ambedkar and Dr. Shyamaprasad Mukharjee in the cabinet, though their political beliefs were anti-Congress, due to their commitment and capabililities  to serve the nation.
Pandit Nehru ‘s ideology was inclining towards Socialism and thus, he dreaded Privatization. Public Sectors were given gratuitous importance and the loop-holes of in Public Sectors were overlooked. He addressed Public Sectors as “Temples of Modern India.”He feared Privatization would lead to money accumulation in hands of few and India, being young and over-populated nation with more people residing in BPL, the deprived class would remained more and more underpriviledged.
But,
This optimism of Pandit Nehru, invented Public Sectors which turned into Power centralization centers and which in turn gave birth to colossal corruption. Pandit Nehru’s gradient towards Socialism was integrated in numerous Public Corporations such as Steel, Drugs, Fertilizers, Engineering Consultancy, Farming and Food Imports, Mining, Oil Refinaries, Hotel and Commodity Trading. Today, Commodity Trading has ignited such huge speculations in basic food products that the undue and excessive rise in price results in unbearable burden on common man’s shoulder.
Pandit Nehru’s whim regarding creating uncountable Public Corporations swallowed Rs. 6000 crores in 1969 to 23,000 crores in 1990. The Govt. attributed Rs. 50,000 crores in deficiet budget. About 390 such ”temples” have digested mammoth public money.
When Maharashtra’s  Finance Minister was Forest Development Corporation’s Chairperson, he was ordered to appoint Congress jobless Karyakartas on various posts. Thus, he generated superfluous  Corporations in Congress led states, which provided high salary and perks to them.
And,
This unplanned so called economic reforms is the main cause for decline in economic growth. Mind well, complete open economy is not the answer to the over-populated country like ours but resorting to uncontrolled Public Sector has led to corruption on huge scale.