New Delhi: The influential corporate industry on Friday also joined the ranks with thousands across the country to support Anna Hazare’s movement for anti-corruption Lokpal Bill. However, a few captains of industry urged caution on acceding to demands on the bill.

India Inc disagreed with some provisions of the Jan Lokpal bill, especially with the one giving unlimited right to the proposed Lokpal, which according to it may hamper the proper functioning of the government.

The Director General of FICCI (Federation of Indian Chamber of Commerce and Industry), Rajiv Kumar, said, "We completely support every movement related to fight against corruption, which has been denting India."

Kumar further said FICCI favours setting up of Ombudsman-type institutions to deal with issues of corruption and governance. “However, the rights being demanded through the proposed Bill are required to be reconsidered,” he added.

Expressing similar views, leading industrialist and Bajaj Auto Chairman Rahul Bajaj said, “We support any such movement by anybody, including Ramdev and Anna Hazare, to reduce corruption soon. However, we are not in support of an arrangement which can weaken the existing judicial system."

He said that it needs to be ensured that the participation of the NGOs should be limited in the formulation of law.

The President of Maruti Udyog Limited, RC Bhargava said, “Hazare’s movement is the need of the hour. However, we must know that creating the law alone would not end up corruption. The corrupt political practice is the major cause behind the menace.”

Amongst the other corporate heads who expressed solidarity with Hazare to root out corruption included Biocon Chariman and Managing Director Kiran Mazumdar Shaw and Chairman of Godrej Group Adi Godrej.

JPN/Bureau