Yesterday's billionaires are India's most defaulting billionaires today, said journalist Josy Joseph, while releasing his book 'A Feast of Vultures - The Hidden Business of Democracy in India' here on Thursday.
"Defaulters of the 1990s, when I started reporting, are today's most defaulting billionaires.
I am sure today's defaulters will be tomorrow's billionaires and this cycle will continue", the award winning journalist told media here.
"I thought I should break this cycle, stand up and speak, " he added.
His book lays bare the corruption across all levels, from village panchayats to the top echelons of government and private sector, which is corroding India's innards.
The writer said: "It is regretful that we give moral lectures about other people's corruption but we have stopped looking within ourselves.
I primarily wrote this book for this reason.
"Most importantly, I wrote this book for my 13 - year - old daughter Supriya.
I felt that children of her generation should not inherit the India that we inherited.
We were told that bribing is the way of life.
I hope we don't pass on such ideologies to these kids, " he explained.
Joseph was selected by Prem Bhatia Trust as India's best political reporter of 2011, for a series of investigative reports, including the Adarsh scam, several corrupt decisions in organising the Commonwealth Games, etc.