Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...

The papers in this volume, as indicated in the preface, are not envisaged to be mere academic exercises; they are intended to provide the basis for informed discussions among key stakeholders and with policymakers involved in the areas related to agriculture, food security and rural development in India. If achieving self-sufficiency in food is the primary goal of agriculture policy, poverty alleviation is the second. As has been pointed out,...

Deputy Chief Minister Sukhbir Singh Badal today made all deputy commissioners accountable for implementation of governance reforms in a time-bound manner within their respective districts. They would also be expected to speed up NREGA-related projects. Sukhbir said their performance on these fronts would reflect in their annual appraisal reports. Reviewing the progress of administrative reforms in a meeting of all deputy commissioners, Sukhbir said that DCs of each district would be designated...

The Minister for Rural Development Shri Pradeep Jain “Aditya” today informed the Lok Sabha that Employment under Mahatma Gandhi NREGA is open to all rural households irrespective of their caste or community. Any adult member of a rural household can register himself/herself with the Gram Panchayat and get a job card issued. Thereafter, a worker needs to apply for work for getting employment subject to a maximum of 100 days...

Advocates of liberalisation argue that by reducing state intervention and increasing transparency economic reform reduces corruption. Recent allegations of corruption suggest that this may not be true. In a season for scandal, allegations of large scale corruption have captured political India's attention. The instances to which such allegations relate are many, varying from the sale of 2G spectrum and the mobilisation and/or disposal of land and mining resources to purchases made...