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Crony capitalism or plain corruption?-Arvind Virmani

-The Hindu   Ideological labels are likely to mislead by channelling the debate into issues of capitalism and socialism and detract from the real problem George Santayana said: "Those who cannot remember the past are condemned to repeat it." Having forgotten the license-permit-quota-raj that enveloped us from 1950 to 1980 and its ‘crony socialism,' many intellectuals, mediapersons and politicians have now discovered ‘crony capitalism.' The license raj consisted of stifling controls imposed on...

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The jobs debate-Pramit Bhattacharya

-Live Mint   What explains the mystery of job growth slowing so drastically just when growth spiked up so rapidly? The health of the economy occupied the centrestage of the political battlefield this week, as the ruling United Progressive Alliance (UPA) and the opposition National Democratic Alliance (NDA) engaged in a spirited debate on India's economic performance. A major bone of contention was the slower pace of job growth in the UPA's 10-year...

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Worshipping false gods in India-Harsh Mander

-Live Mint   In Gujarat public funds are committed to supporting private investment. This does not benefit the poor Amidst the clamour of India's colourful 2014 general election, a public debate of great import for India's future is underway. Leading political candidates debate which development model is best suited for a country of vast economic potential and embedded historical impoverishment. Most opinion polls rate Narendra Modi as the front-runner in the 2014 general election....

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Climate change to leave India hot and hungry-Vanita Suneja and Parvinder Singh

-Thomson Reuters Foundation The lastest Intergovernmental Panel on Climate Change (IPCC) report not only provides new evidence but also sounds an alarm over the impact climate change is having on compounding hunger and significantly disrupting food grain production. Apart from leaving the world hungry and hot, the changing climate will also offset gains against poverty and hunger, especially among the marginalized communities. The new report makes unequivocal projections for India being one...

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A new online software disburses farm loan details-MJ Prabu

-The Hindu Kerala: Getting a crop loan from a bank and after repaying the entire amount getting back the land or house papers submitted as collateral security for availing the loan are not easy tasks. "Farmers know well how hard it is to get a bank loan today. In several cases they are often in the dark about their eligibility for applying or interest calculated on their loan amount disbursed. "As an answer...

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