-The Economic Times Finance minister Pranab Mukherjee has said he had directed three institutions - NIPFP, NIFM and NCAER - to come out with a defendable assessment of the quantum of black money stashed away by Indians in foreign banks. Replying to the discussion on the adjournment motion moved in the House by BJP veteran LK Advani on "the situation arising out black money deposited illegally in foreign banks", Mukherjee declared...
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Food Insecurity Bill by Pratap Bhanu Mehta
The government believes it is more important to be seen to be doing things than to be doing them well. The proposed food security legislation is another example of this tendency. The legislation exemplifies the self-defeating obduracy of bureaucratic modes of thinking. But the debate around it also exemplifies a failure of intellectual argument in India. Our debates often have this character. First, we spend a lot more time arguing...
More »Key rules flouted in (Bhushans) Noida farmhouse allotments: UP govt audit by Maulshree Seth
Remember the over 100 farmhouse plots allotted in Noida measuring at least 10,000 sq m each without an auction or a draw of lots, including two to Supreme Court advocate Shanti Bhushan and his son Jayant Bhushan? An audit has now found that not only was there no transparency in the allotment of these plots — 101 in all — but that the Noida Authority had fixed a very low rate,...
More »A pill to cure all ill? by Nripendra Misra
One hopes that the hotly contested Lokpal Bill will reach its final denouement during the winter session of Parliament. In fact, the debate on corruption in Parliament and media has focused on the single demand for the establishment of an omnipotent institution of the lokpal with its powers of enforcing the citizen’s charter, establishing state-level lokayuktas and encompassing the bureaucracy from a peon to head of the department. It has...
More »What the Durban deal means
-The Telegraph The main points agreed upon in the Durban talks: Kyoto protocol extension After the failure of Copenhagen in 2009 to come up with a new, internationally-binding deal and only incremental progress a year later in Cancun, a partial legal vacuum had loomed as drafting a new UN treaty is extremely time-consuming. Sunday’s deal extends Kyoto, whose first phase of emissions cuts run from 2008 to the end of 2012. The second commitment...
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