THIS issue of gfiles exposes the nexus of politicians, bankers and civil servants, all of whom are embedded in the scam reportedly implemented by Ravi Parthasarathy of IL&FS. His story is one that is crafted by some of Mumbai’s financial wizards who have expertise in such scams. The other important story in this issue is on the deteriorating defence infrastructure as indicated by none other than BJP stalwart Dr Murli Manohar Joshi, Chairman of the Estimates Committee.
The concept of modern companies, or joint stock firms, whose shares are trade-able, is five centuries old. Corporate scams have since rocked managements, policy makers, regulators, investors and even nations. Sometimes, fortunately rarely, the contagion spreads globally—Great Depression (1930s) and the bailouts of American auto manufacturers in 2009. Yet, shockingly, the nature of the scandals remains the same. Change the individuals’ names, and those of the firms and countries, yet each case seems to possess similar ingredients.
gfiles is the country’s first independent magazine written, designed and produced for India’s civil services—the vast and formidable network of bureaucracies and public sector organisations that provide continuity and stability to this nation’s governance.
Every month this niche market product reaches 76,800 individuals with a universe of more than 3,50,000 readers.
Its exclusive audience consists of the men and women who lead the Indian Administrative Service (IAS), the Indian Foreign Service (IFS), the Indian Police Service (IPS), the Indian Revenue Service (IRS), Class I Union Services, as well as a host of Allied Services.
gfiles magazine edited by India’s senior most journalists who have made an intensive study of the reading preferences of decision makers and implementers in government services.
The magazine—with substantial contributions from serving and retired officers—is uniquely designed to engage the bureaucrat’s attention in the entire content.
It has therefore been divided into sections according to the specific reading needs of this target audience. While these readers flip through newspapers and general magazines, they read gfiles from page to page.
This is because gfiles magazine provides not only exclusive news unavailable anywhere else in the media or the Internet, but also focuses exclusively on the future, anticipating events and developments.
It contains detailed, extensive, and accurate reports about transfers and postings.
It features interviews, case studies, snippets, retirement profiles, financial planning advice, political changes, as well as birthdays and alumni tracking.
gfiles magazine cuts through rumour mills and hearsay and helps India’s civil servants reach out to one another, share and become acquainted with their issues, practical problems, everyday challenges and the intricacies of their working environment.