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Antidote to World Bank prescription-K Subramanian

A scholarly study of corruption in the larger context of societal growth and development Corruption is no longer a word and has become a noise. Debates on corruption have reached high decibel levels and the world is no closer to solutions. Given the complexity, there are as many views as there are participants. Some speak from high moral pedestals like those from the rich, donor countries. It is no surprise that...

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MEA said no to 39 trips by 25 Union ministers-Shyamlal Yadav

Even as 2011-12 saw Union ministers going on an unprecedented number of foreign trips, the MEA has refused clearance on several grounds for at least 39 proposed trips by 25 Union ministers since June 2009. Some of them are no longer ministers. All these trips, barring one, fell in the official category. The ministers had proposed to travel to destinations such as the US, UK, France, Italy, Japan, Australia and South Africa,...

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India’s worst motorist behaviour is in Bangalore-Saswati Mukherjee

BANGALORE: That the motorists in Bangalore don't seem to care for pedestrians has been a subject of intense debate for long. The debate has been set to rest by a New Delhi-based green group's report that statistically shows Bangalore's deficiency in this category. Among the seven Indian cities surveyed, Bangalore scores the lowest - a measly 30 out of 100 - in the 'motorist behaviour' category, one of the nine parameters...

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Indian tax system, black money and tax havens-PR Srinivasan

Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange.  All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...

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Patent to plunder -Amit Sengupta

India's efforts to produce and supply life-saving drugs at affordable prices face challenges from multinational companies trying to “evergreen” their patents. THE average life expectancy across the globe has increased from around 30 years a century ago to over 65 years today. This has been made possible in large part by modern medicine. Never before in history have humans had access to such an array of medicines and devices to...

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