-The New York Times India's coalition government just celebrated the third anniversary of its tenure with a self-congratulatory banquet that could not have been more poorly timed: India's currency, the rupee, is falling; investment is down; inflation is rising; and deficits are eating away at government coffers. While short-term growth has slowed but not ground to a halt, India's problems have dampened hopes that it, along with China and other non-Western economies,...

-The Assam Sentinel DIPHU: The Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA), was introduced with an objective to provide legal guarantee of 100 days of wage in a financial year to every rural household, whose adult members volunteer to do unskilled manual work at the minimum wage rate as has been prescribed for agricultural labour in the State. However, instead of helping the poor in their uplift, MNREGA has become a...

It needs pensive reflection to understand how an organisation whose name is perhaps the most widely recognised public sector brand across the length and breadth of India could become the target of so much instant anger and contempt in the highest legislative forum of the republic. Krishna Kumar (anhsirk.kumar@gmail.com) teaches education at Delhi University. The cyclone that hit Parliament on 11 and 14 May over the so-called cartoon controversy indicates, among other...

By not resolving the definition of ‘public purpose,' the Land Acquisition Bill keeps the door open for misuse It has taken more than 110 years for the government to draft a new Land Acquisition, Rehabilitation and Resettlement Bill. But despite mounting evidence of widespread misuse of government authority in taking over farm land and the increasing protests against the legal ambiguity that abets such exploitative practices, the revised legislation remains dubiously...

The government may make mandatory the disclosure of high-value purchases such as property and jewellery. Stung by growing public outrage over corruption, finance minister Pranab Mukherjee will on Monday spell out steps taken and planned to curb proliferation of black money. There are no clear estimates of the size of India’s black economy but the amount is pegged between $462 billion (Rs.22 lakh crore) and $1.4 trillion (Rs.77 lakh crore). Mukherjee...