and the report below correctly mentions that it is the IT- BT barons who are now funding 14 candidates from all parties with Rs 5 lakh each + campaigning online for them : url link here (IT-BT barons to fund 14 candidates).
Is it possible that the instability and inaction resulting from the 5 year term BJP govt has had an impact where rate of growth of Karnataka state has suffered due to which the it- bt honchos in the disguise of b.pac would like to ensure continued growth of their sectors? adb based in manila has cautioned the private corporate sector in general on the political risks and has therefore moved their project oriented decsion making to predominantly bureaucratic parastatal funding and investment institutions. If adb got a chance they would even have prepared a long term buisness plan for the KUIDFC in Karnataka -but were prevented from doing so at the last minute. Is this exactly the kind of business plan which is now being executed by b.pac through lobbying, and influencing outcomes so that political party manifestos and voting in elections by others need not create any setback for them, their business and business growth?
b.pac and other similar groups would like to decrease political risk arising in the KLA elections 2013, by asking parties to align with their it-bt business agenda, and their Bengaluru agenda viz.,
implementing the report of the Karnataka Information Technology and Communication (ict) Group which is over Rs 2,50,000 crores investment over 15 years just for Bengaluru : url link here ( The $50b Pai-Naidu Plan: too much, too late ). This was presented to the GoK after b.pac had coalesced but before it was formally launched as a trust on feb 3rd 13.
bmrg bill and bbmp legislation (initiated by abide but now backed by broad consensus in it-bt sectors through b.pac)
fact is that the pac's are a US phenomenon which gained strength before the 2010 elections to senate and congress and were supported by the US supreme courts 2010 decision in Citizens United vs Federal election commission.
b.pac has been inspired by them to push the agenda of ppp's (private sector-politician partnership) and it may well end up beginning the process of 'privatisation' of politics in Karnataka and India.
reference : http://en.wikipedia.org/wiki/Political_action_committee