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India destroying itself with self criticism: Ratan Tata

Amid a number of corruption scandals rocking the government, and with one of his own group firms under scanner in the 2G spectrum allocation, Tata group chief Ratan Tata said India was destroying itself with "self criticism". See video

business Updated: Mar 23, 2011 22:12 IST

Amid a number of corruption scandals rocking the government, and with one of his own group firms under scanner in the 2G spectrum allocation, Tata group chief Ratan Tata on Tuesday said India was destroying itself with "self criticism".

"I hope India will continue to prosper. I hope India will continue to make a name for itself with economic power. I hope it does not destroy itself with self criticism as it is happening at this particular moment...," Tata said.

Tata's comments come at a time when the UPA government is mired into a number of corruption scandals, including the 2G spectrum, CWG and, the latest, cash-for-vote scam in 2008.

The Opposition, BJP, has been demanding resignation of Singh after Wikileaks exposed alleged pay-off by the Congress party to survive a vote of confidence in 2008.

Tata group's own Tata Teleservices is also accused of gaining undue benefit to get 2G spectrum ahead of others.

Besides, the new Telecom Minister Kapil Sibal has sought a probe into the disinvestment of VSNL in 2002, after which the Tata Group had become the owner of the erstwhile long distance call carrier.

Receiving the lifetime achievement award from AIMA, the chief of the over $71 billion conglomerate, however, exuded confidence that the country has a bright future ahead. See video

"...but the future for India is great and it will continue to do well," Tata said.