-PTI NAGPUR: Calling for corporate funding to political parties be stopped forthwith, CPI(M) Polit Bureau member Sitaram Yechuri today said instead the money should be donated to the Election Commission which can use it to help the candidates in their poll campaigns. "The EC can help the candidates by providing them vehicles, fuel, drivers and also publish their posters and provide printed election material. This way all the candidates of respective parties...
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Congress raises Rs 1,662 crore in 5 years, BJP Rs 852 crore-Pradeep Thakur
-The Times of India India's GDP growth rate may have dropped in the past few years but that has had little impact on the bottomlines of the country's leading political parties. The coffers of the main parties have been swelling, with the richest amongst them, the ruling Congress, having made a cool Rs 1,662 crore in the last five years till 2011-12 and the BJP in second place with Rs 852...
More »The business-politics nexus-Ashutosh Varshney
-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...
More »Complex system of patronage, corruption blunts India’s efforts to help the poor out of poverty-Minhaz Merchant
-The Economic Times The Rae Bareli seat in Uttar Pradesh has been a Gandhi family bastion since 1967 when Indira Gandhi first stood for election from there. Sonia Gandhi adopted the constituency in 2004 and was re-elected with a huge majority in 2009. It should, therefore, be one of India's most developed districts. Right? Wrong. The Hunger and Malnutrition, or HUNGaMA, survey, released by the Prime Minister earlier this year, was...
More »Rio+20 Earth Summit: campaigners decry final document-Jonathan Watts and Liz Ford
-The Guardian 'Pathway for a sustainable future' declared, but Greenpeace says summit was failure of epic proportions Amid doubt, disappointment and division, the world's governments came together in Rio on Friday to declare "a pathway for a sustainable century". At the close of the Rio+20 Earth Summit, heads of state and ministers from more than 190 nations signed off on a plan to set global sustainable development goals and other measures to...
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