-The Times of India A study comMISsioned by the government last year on quantifying black money generated in the country has estimated that the illicit wealth is likely to exceed 10% of GDP or anywhere above Rs 10 lakh crore, given the size of the economy. The 1,000-page report was submitted to the finance ministry by the National Institute of Public Finance and Policy (NIPFP) in the last week of December. The...
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Business by other means -Ajoy Ashirwad Mahaprashasta
-Frontine Walmart’s disclosure that it spent huge amounts of money on lobbying in India and the allegation that it entered the retail sector through indirect means highlight the power of global capital in dictating the country’s policies. The world’s largest multi-brand retailer Walmart’s disclosure to the United States Senate that it had spent $25 million (Rs.135 crore) since 2008 on its various lobbying activities, which include enhancing access to the Indian...
More »Private leaning -TK Rajalakshmi
-Frontine The finalised chapter on health in the 12th Plan document envisages a large role for the private sector in health care. A chapter on health prepared for the draft 12th Five Year Plan Document in July received a lot of criticism for its limited understanding of universal health care and its diluted commitment to increase public expenditure on health. If the revised version is any indication, there has not been...
More »India’s Narendra Modi and the Tale of Two Rapes -Shikha Dalmia
-Bloomberg.com One of the most obscene moments after the death of the gang-rape victim in New Delhi was a tweet by Narendra Modi, the chief minister of the Indian state of Gujarat, offering regret and condolences to the dead woman’s family. Modi, who has quelled restive minorities by allowing attackers to subject women to unspeakable horrors, has done more than any man to numb his prudish country to sexual violence. Yet he...
More »Surrogacy and homophobia: India bans gay parents -Sandip Roy
-FirstPost.com Aditya Advani always knew that he wanted to have children. He also knew he was gay. Twenty years ago gay marriage was just a fantasy. Few gay couples had children – whether their own or adopted – even in the US where Advani had emigrated. But that did not deter him from bringing up the subject with potential boyfriends such as Michael Tarr, the man who is now his partner. “The...
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