The ministry of personnel has shown a surprising lack of alacrity in prosecuting errant babus In August last year, Prime Minister Manmohan Singh was keynote speaker at the annual meeting of India’s premier anti-corruption agency, the CBI. There, addressing officers of the agency and state vigilance bureaus, he made a telling remark, “Our anti-corruption agencies must make the cost of corruption unacceptably high for those indulging in this evil practice.” The prime...

It is presumed that the industrial development in Bihar is hampered by lack of investments. Is it because of 'unproductive' government policies or an unpredictable law and order situation? And how to increase the flow of investment in the state? In order to find out answers to all such questions and debate these issues, Business Standard Hindi recently organised a roundtable in Patna. The seminar was attended by various small...

The recent high-pressure tactics to introduce genetically engineered food crops in India are another rude reminder that Western agribusiness companies have a deeprooted strategy to obtain a stranglehold on India’s food and agriculture system. In a review of recent trends titled ‘Food Without Choice’ (The Tribune, November 1) Prof Pushpa M. Bhargava (who was nominated by the Supreme Court in the Genetic Engineering Approval Committee to protect safety concerns), an internationally...

I first met Paul Samuelson in 1962, as a student at MIT. A decade later, I had the pleasure of co-authoring with him a paper on the Theory of Index Numbers (American Economic Review, 1974) and another in the Royal Economic Society’s Economic Journal (1984). I last met him a couple of years back, on a sidewalk in Belmont, Massachussets. He was driving down the street and stopped upon seeing...

How much ground India conceded at the climate summit will depend on which of two sets of words packed in a single sentence of the Copenhagen Accord dominate in the negotiations ahead, experts have said. The Copenhagen Accord indicates that actions by developing countries to curb emissions of greenhouse gases would be open to interna tional consultations and analysis. India has in the past asserted — as articulated by environment...