-The Telegraph   Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...

-The Hindustan Times There is a widespread perception of policy paralysis in the corridors of power. The two remaining years of the UPA's term is still not too short to reverse the current drift, but time is rapidly running out. The damaged economy needs urgent fixing as does restoring the credibility of an executive racked by scandals and the absence of a sense of direction. The people of the country long...

There is evidence to show that growth is slowly becoming inclusive. But for the quality of life to improve, incomes must be complemented by infrastructure. For close to at least five years now inclusive growth has had a central place in the official discourse on the economy. The UPA II has itself worn its self-proclaimed success in delivering an inclusive growth as a badge of its effectiveness, not to mention its...

-The Economic Times "We have no power." That's the message from India's most powerful - ministers in the central government's Cabinet - when asked to list the discretionary authority each enjoyed. Only one ministry concedes that it has some discretionary powers, which it is eager to shed.  Prodded by UPA Chairperson Sonia Gandhi, a group of ministers (GoM) has the job of finding the discretionary powers enjoyed by each ministry and prune...

The Aditya Birla Group increased its contribution to political parties about fourfold to Rs 30.5 crore in 2009-10 while the Bharti Group cut it from Rs 17 crore to zero.  The two main national parties, Congress and BJP, received Rs 84 crore and Rs 82 crore, respectively, as contribution from all sources while a regional party like Sharad Pawar's NCP obtained only Rs 3 crore.  The 2009-10 numbers of companies making legal...