-The Indian Express The International Monetary Fund’s recent downgrading of the growth forecast for India from 6.2 per cent to 4.9 per cent for 2012, which came on the heels of the decline in the actual growth rate to below 5.5 per cent in the first half of 2012, has brought reforms back to the centrestage of the policy discourse. Which reforms are needed and why? India’s growth trajectory has been unique....
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‘PM ignored my note to hike 2G entry fee to Rs. 36,000 crore’ -Shalini Singh
-The Hindu Former Cabinet Secretary Chandrashekhar deposes before JPC The former Cabinet Secretary, K.M. Chandrashekhar’s shocking revelation on Thursday to the Joint Parliamentary Committee (JPC) investigating the 2G scam that Prime Minister Manmohan Singh had ignored his recommendation that an entry fee of Rs. 36,000 crore be charged for spectrum, has brought the ghost of the 2G scam back to the Prime Minister’s doorstep. Mr. Chandrashekhar’s disclosure that he had submitted a note...
More »True Progressivism
-The Economist A new form of radical centrist politics is needed to tackle inequality without hurting economic growth BY THE end of the 19th century, the first age of globalisation and a spate of new inventions had transformed the world economy. But the “Gilded Age” was also a famously unequal one, with America’s robber barons and Europe’s “Downton Abbey” classes amassing huge wealth: the concept of “conspicuous consumption” dates back to 1899....
More »Kejriwal breaks ‘Omerta Code’ on DLF-Vadra ‘sweetheart deal’ by Venky Vembu
-First Post They came in waves, like silent armies that move in the night. Each of the Congress Ministers and party leaders who were seen studio-hopping or otherwise implanting themselves in front of cameras late on Friday had been assigned a specific role: to defend the First Family of Indian politics against the most audacious allegation of corruption levelled by Arvind Kejriwal and Prashant Bhushan, the two Johnny-come-latelys to the world...
More »'Crony capitalism' to be out of plan docu? -Dipak Kumar Dash
-The Times of India The Planning Commission may drop reference to crony capitalism in the plan document after protests from some ministers who are of the view that any mention would be a tacit acknowledgment of the existence of the practice. Besides, it has suggested "transparent auction" of natural resources as the solution, something that the government is not willing to accept as the one-size-fits-all approach for all sectors. Apart from crony capitalism,...
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