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Land acquisition bill in monsoon session of Parliament will go a long way in addressing contentious issues by Prabhakar Sinha

Land is the most important ingredient for the development of real estate and infrastructure. For quite some time now, land acquisition had become a contentious issue in the country, which has threatened not only the industrial development but also planned growth of cities in the country. In this backdrop, the central government's decision to introduce a land acquisition bill in the monsoon session of Parliament will go a long way...

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MFIs: Still in the doldrums by Shruti Sarma

MFIs in Andhra Pradesh are paying for the sins of their past. Market for new loans has dried up, banks have turned off their spigots while the AP government is content to sit back and watch. It has been eleven months since the Andhra Pradesh government issued an ordinance—later converted into the Andhra Pradesh Micro-Finance Institutions (Regulation of Money Lending) Act—which, the microfinance industry hoped, would be the magic remedy that...

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India's Selective Rage Over Corruption by Manu Joseph

The best thing about Indian politicians is that they make you feel you are a better person. Not surprisingly, Indians often derive their moral confidence not through the discomfort of examining their own actions, but from regarding themselves as decent folks looted by corrupt, villainous politicians. This is at the heart of a self-righteous middle-class uprising against political corruption, a television news drama that reached its inevitable climax in Delhi on...

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PDS leakages: the plot thickens by Jean Drèze and Reetika Khera

While diversion rates still remain high, evidence seems to point to substantial improvements in the public distribution system around the country. It is well understood that a substantial proportion of the grain, mainly wheat and rice, that is meant to be distributed to eligible families under the Public Distribution System (PDS) ends up being sold in the open market by corrupt intermediaries, including some dealers who manage PDS outlets. The extent...

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‘Murdochisation' of the Indian media by Paranjoy Guha Thakurta and Alice Seabright

Its facets include concentration of media ownership and the transformation of news into a commodity. THE last two decades have witnessed a dramatic transformation of India's ‘mediascape' – a term first used by Arjun Appadurai, an academic of Indian origin based in the United States, to describe how visual imagery impacts the world and to describe and situate the role of the mass media in global cultural flows. While there...

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