This is the season to count blessings. India's greatest blessings are its adherence to the democratic system of governance, an independent judiciary, a free and fearless media, and an Election Commission that inspires confidence. I hope that soon India will have an independent and effective Lokpal, which will pave the way for a corruption-free India, a pre-requisite for a hunger-free India. The other major paradigm shift observed in recent years is...

The Union government has tabled two bills in the Lok Sabha in the last week of the winter session. Since one of them is the lok pal bill, it has hijacked virtually all the public attention. This is a pity for two reasons. First, there is considerable doubt whether the lok pal bill — in any form — can really be the magic solution that Team Anna would like us...

-The Business Standard   economists question veracity of the data; say too early for RBI to cut rates. Food inflation for the week ended December 10 fell to a four-year low of 1.81 per cent, after declining to 4.35 per cent last week. The decline is much sharper than what Chief Economic Advisor Kaushik Basu expected — he had predicted less than three per cent food inflation by early January. What’s more, many...

An inconvenient truth? Or yet another case of shoddy data collection by state agencies? The government is scrambling to prove that it is the latter, after data on the UPA's flagship poverty alleviation programme shows that it may not be reaching its intended beneficiaries, those classified in official-speak as below the poverty line (BPL). A recent note circulated to all state departments by the rural development ministry revealed that only...

-The Economic Times Sonia Gandhi's pet programme - the food guarantee scheme - will be cleared by the Cabinet on Monday. The decision has been taken after discussions with agriculture minister Sharad Pawar, who has been seeking detailed deliberation on the financial implications of the scheme as well as its impact on the farm sector. The bill will be referred to the standing committee on food after its introduction in Parliament....