-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-The Telegraph India is not creating enough productive jobs — and the spirit of enterprise is being strangled by excessive and onerous labour laws. The Economic Survey tabled in Parliament today said: “India has to focus on an agenda to create productive jobs outside agriculture, which will help us reap the demographic dividend and also improve livelihoods in agriculture.” The survey, which singled out job creation for special mention with an entire chapter...

-The Guardian Communities have more hope than ever of seeing off companies trying to acquire their land, with support from media and NGOs A new report on land acquisition by the Munden Project/Rights and Resources Initiative brings an important angle to the land "grab" debate. Rather than focusing on the ethics of land grabbing, the report makes the business case for working with local communities, arguing that failure to inform or fairly...

-The Times of India MUMBAI: Market regulator Sebi on Wednesday cracked down on the retail-to-financial services Sahara group and ordered the attachment of all assets of two Sahara group firms, besides freezing their bank accounts and those of their promoters and directors including that of group head Subrata Roy. Sebi's crackdown on the two Sahara group firms—Sahara Housing Investment Corp and Sahara India Real Estate Corp — comes exactly a week after...

-The Times of India More than five months after the CBI began investigating Coalgate, the agency is yet to receive hundreds of files from the coal ministry as it probes charges of criminality in allocation of coal blocks to private players. Although CBI has been sifting through an enormous mass of information regarding coal block allocations that the CAG has said caused a loss of Rs 1.86 lakh crore to the government,...