Many in India feel betrayed that neoliberal economic policies have not ended but increased fraud and corruption Corruption is not exactly new in India. Quite apart from the extensive historical evidence of its spread, during and after the "mixed economy" period of state planning, the "licence-permit raj" was regularly accused by commentators of breeding graft, constraining economic activity and forcing citizens to be at the mercy of corrupt officialdom at all...

The first casualty of the new policy could be NTPC’s proposed plant in Burdwan district West Bengal chief minister Mamata Banerjee may soon announce a new land use policy which says the government will not acquire land for industrial projects, leaving it to project promoters to do so. “They (companies) operate in a market economy, so must deal with market forces. They shouldn’t ask the (state) government to acquire land for them,”...

Obituaries for the PDS system are a bit premature, based as they are on outdated data and presumptions. Despite flaws like pilfering and leakages, the system shows signs of improvement in certain states. States have demonstrated the political will to invest in the PDS, by putting in state resources to make it work. Cash transfers (CTs) are increasingly advocated as an alternative to the Public Distribution System (PDS). The proponents of...

The Government proposal to make cash transfer in place of food grain to poor families has drawn mixed reactions. Raghuvir Nagar on the western outskirts of Delhi has of late turned into a turf for a war between two schools of thought. The war has not been limited to campaigns and debates and purportedly escalated to the level of allegations, even intimidation, so much so that the Government of the national...

The Mamata Banerjee government is likely to request the Centre to amend a legislation to make contract farming “optional”, an approach that leaves some room for manoeuvre and mirrors the concerns expressed by sections of the Left on agro-marketing reforms. Arup Ray, the new minister for agricultural marketing in Bengal, today told The Telegraph that the Trinamul-led government would neither promote contract farming nor allow big players to control the agro-marketing...