The past couple of months have seen a renewed attack on the National Advisory Council (NAC). The NAC has been decried as an unconstitutional, undemocratic, “super-cabinet” where unaccountable “jholawalas” hatch harebrained schemes guaranteed to run the government aground. Another line of criticism has focused on the process of the formation of the NAC, its space within the Indian Constitution, and its capacity to influence policy. The two criticisms merge with...

As it is drafted, the Bill actually deprives people, and the State governments, of existing rights on multiple counts. The Food Security Bill finalised by a Group of Ministers should not be accepted by Parliament in its present form. The overriding negative features of the proposed legislation far outweigh its positive initiatives. The framework itself is questionable since the Central government usurps all powers to decide the numbers, criteria and schemes...

Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...

As bank gears up for competition, it may further dilute environmental safeguard policies WITH financial institutions of emerging economies like India and China getting big time into development lending, the World Bank plans reforms to attract its borrowing countries. Some of the important plans are to disburse loans faster and on flexible terms. Bank watchers and civil society groups say the reforms, expected to be in force by the year-end, would...

-The Business Standard   By staying the state government’s hand on the return of the land acquired by the Tatas for their automobile project in Singur, the Supreme Court has injected some sense into the handling of the matter. The Mamata Banerjee government created an avoidable mess with its hasty decision to find a legislative way out of a difficult political situation. Even as the Calcutta High Court was hearing the...