-The Economist Government borrowing generates inflation, widens the external deficit and crowds out much-needed investment. Can India now overcome its debt addiction? INDIA has grappled with its public finances for long enough. When presenting its first budget after independence in 1947, the finance minister of the day insisted that the country was not living beyond its means. Yet every budget since has failed to produce a surplus. India borrows more heavily...

-Frontline Social development indicators in Gujarat are poor, proving that development in the State is lopsided On a hot day last November near Rajkot, Ramjibhai Patel, an octogenarian farmer, pointed to the middle distance and said, “See that lake?” There was indeed a shimmer in the dry landscape indicating water, but after a relatively poor monsoon, it seemed improbable. Chuckling, he said, “Yes, I see doubt on your face and you are...

-Live Mint Of the total amount paid to media firms (around 40% of the poll expenses of parties), the EC estimates half to be towards paid news The Election Commission of India (EC) has estimated the market in so-called paid news, or political advertising masquerading as journalism, at as much as `500 crore.   The move is likely to buttress demands for greater scrutiny of election expenses. EC has been seeking to crack down...

-The Hindu Confessions by politicians to EC belie claims of innocence by top newspapers The political class is more honest than the media when it comes to ‘paid news’ during elections, judging by the fact that several poll candidates have owned up to this corrupt practice. At least, after the Election Commission and the Press Council of India shot off notices to them and held inquiries into the matter. They have acknowledged...

-The Hindu When a political party puts up candidates with criminal charges, it results in the alienation of large sections of people from the political class and politics itself When the Election Commission of India turned 60 on January 25, 2010, The Hindu opened its lead editorial of January 29 with the words, “After overseeing 15 General Elections to the Lok Sabha, the ECI, in its diamond jubilee year, can with justifiable...