-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...
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An ecosystem to save, or squander-Madhav Gadgil and Ligia Noronha
-The Hindu Instead of opening a debate on the Gadgil panel's report on the Western Ghats, the government has chosen to sideline and replace it with another by an alternate group This is a challenging time in India's development history where a number of tenets of environmental governance are being questioned by the imperative of growth. Environmental governance in India is under assault, and is thus in need of both fresh thinking,...
More »Panchayati raj: Failing the urbanization test- Elizabeth Roche, Liz Mathew and Shamsheer Yousaf
-Live Mint Lack of decentralization means municipalities lack power, resources to meet rising aspirations of ‘middle' India Othakadai, Madurai (Tamil Nadu)/Hubli (Karnataka): S. Paramasivam , president of the Othakadai panchayat, has big plans for his area. "Rainwater harvesting, removal of encroachments on roads, waste recycling, covered drainage, bigger primary health care centres and community parks," lists the 58-year-old, who has spent 30 years in the stainless steel business that dominates industry...
More »The devolution deficit -KC Sivaramakrishnan
-The Indian Express Why we need to revisit the 74th Amendment The National Panchayati Raj Day to mark the enactment of the 73rd Constitutional Amendment was observed on April 24 with due ceremony but little hype. Whatever the reasons for the celebration, even those are not available for the 74th Amendment dealing with municipalities. The Government of India's first line of defence on this issue is that these are state subjects. Nevertheless, the...
More »The Political Economy of Shadow Finance in West Bengal-Subhanil Chowdhury
-Economic and Political Weekly The Saradha group's collapse has possibly bankrupted lakhs of small investors robbing them of their life svaings, and has rendered thousands of its agents jobless. The scam highlights the failure of the government and its regulatory agencies to reign in the mushrooming chit fund companies in West Bengal. It also brings under the scanner the Trinamool Congress' proximity with the tainted group. In the wake of the...
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