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Poverty amid prosperity -Atul Sood

-The Hindu While Gujarat’s GDP growth in the last two decades has been notable, it is not reflected in employment, wages, health or education There is a widespread belief that Gujarat is a shining star on the Indian growth horizon and that all other States would do a great service to Indian masses by emulating the model of development that Gujarat embarked upon under the stewardship of Narendra Modi. A recent study,...

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Rich Economy, Poor Management -Pranab Bardhan

-Outlook Don’t blame globalization for inequality – but rather policies hijacked by a few Economic globalization in the sense of expansion of foreign trade and investment is, of course, somewhat anaemic, reflecting the impact of global recession, although still vigorous in the sense of continuous international transmission of technology, information, ideas and social media. But in the world of politics and policymaking a cold wind is blowing, dimming earlier enthusiasm for global...

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Corruption anchors public life, say NGO leaders

-One World South Asia A peoples’ assembly held in New Delhi, became a forum for voicing concern of people attached to movements, for accountability in public life. The five day people’s assembly (Jan Sansad) entered its second day at Jantar Mantar, with over 700 people from all over the country assembling in New Delhi. The day coincided with the ninth death anniversary of Satyendra Dubey, the former Project Director of the National Highway...

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Confident government agrees to vote on FDI

-The Times of India The gridlock in Parliament over foreign direct investment in multi-brand retail is set to ease with the Manmohan Singh government - armed with ally DMK's support - dropping its resistance to a discussion under a rule that necessitates a vote. The detente over FDI could see fresh discussion between the ruling coalition and BJP over the winter session's legislative agenda with parliamentary affairs minister Kamal Nath expected to...

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Joshi formula among 3 CAG used to estimate 2G loss -Appu Esthose Suresh

-The Indian Express One of the three formulae used by the Comptroller and Auditor General to calculate the loss to the government for selling 2G spectrum on a first-come-first-served basis was suggested by BJP leader and Parliament’s Public Accounts Committee (PAC) chairman Murli Manohar Joshi. When the team conducting the audit said they “are not on strong ground” in basing the loss on the formula suggested, they were told by CAG headquarters...

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