-Live Mint After years of denial about problems in its flagship social welfare programme, the MGNREGS, the government has awoken to the need for an honest debate on the subject After years of denial about problems in its flagship social welfare programme, the Mahatma Gandhi National Rural Employment Scheme (MGNREGS), the government has awoken to the need for an honest debate on the subject. On Saturday, Prime Minister Manmohan Singh made some...

-The Hindu The debate over the cartoons used in NCERT textbooks as aids to learning have thrown up a range of issues. The discussion has crystallised around a set of oppositions: motivated political correctness of our elected representatives vs. the necessity of preemptory parliamentary intervention on educational material appropriate for schools; institutional autonomy vs. political responsibility of a state presiding over a diverse and fraught society; the hubris of ‘experts’ vs....

-The Hindu Unsustainable import competition and the end of the investment subsidy that the sale of under-priced resources provided to Indian companies are the main reasons why the economy has slowed down What has been called the ‘golden age’ of India’s economic growth was underpinned by global integration, high rates of investment and savings growth and low current account deficits. The slowdown is characterised by a sharp deceleration in investment growth on...

-The Indian Express An intriguing paradox of contemporary Indian politics has been insufficiently noted: corporate India finances India’s elections, substantially if not wholly, but it is unable to determine election outcomes. Money matters, but it is not always electorally decisive. The recent Uttar Pradesh elections provide the clearest illustration of this proposition. As is well known, the Congress, BJP and BSP were all better financed than the SP which, especially after the...

The NAC lies defanged; the markets leap for joy at Manmohan’s & Co’s charge of a ‘new’ economy How swiftly things change. Just a month ago, the great Indian growth story was being written off. Now, the “new economy”, run by the PM-cum-FM, will sift through the rubble of under-seven per cent growth, find the hidden springs of recovery and throw in some reforms for good measure. A top taxman says...