DHFL Victims, Are We Still Ready to Fight for It? by DebaprasadBandyopadhyay Via Flickr: onceinabluemoon2021.in/2025/12/06/dhfl-victims-are-we-sti... This article argues that the DHFL collapse is not merely a corporate failure or legal dispute but a political event symptomatic of India’s deepening cronyist order, where executive power, judicial alignment, and corporate interests appear increasingly intertwined. Through comparative analysis of recent successful pressure-group interventions—such as the farmers’ movement and the pushback against Sanchar Saathi—the article highlights how public mobilization, not institutional goodwill, remains the only effective counterweight to state-corporate consolidation. It further examines the erosion of judicial independence, shrinking civil liberties, and declining democratic indicators reported by international watchdogs, situating the DHFL case within a broader crisis of accountability and participatory rights. The central thesis asserts that without organized mass resistance—legal, physical, and digital—victims of financial injustice remain fragmented, disempowered, and structurally silenced. Ultimately, the article calls on DHFL depositors to transform from isolated individuals into a collective civic force or pressure group, arguing that justice in contemporary India must be demanded, not awaited.
