Pawan Goenka noticed something unusual last year—tractor sales were climbing even though India had its worst monsoon in more than three decades and farm output dropped 2.8% in the three months to December last fiscal. The umbilical cord that tied rainfall patterns and tractor sales seemed to have been ruptured. The president of auto and tractor maker Mahindra and Mahindra Ltd offers an interesting explanation to this puzzle: growing labour shortages...
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Perils of becoming a republic of scandals by Brahma Chellaney
Corruption, No. 1 national security threat, is eating into the vitals of the state, enfeebling internal security and crimping foreign policy. India confronts several pressing national security threats. But only one of them — political corruption — poses an existential threat to the state, which in reality has degenerated into a republic of mega-scandals. The pervasive misuse of public office for private gain is an evil, eating into the vitals...
More »India Deals Face a Reckoning by Geeta Anand
Jairam Ramesh, India's environment minister, will make a decision in the next week that could define the future of the country: whether to approve a $12 billion South Korean-owned steel plant, the largest potential foreign direct investment ever on the subcontinent. The plant, proposed by South Korea's Posco, has been in the works for years. It already has been cleared by the environment ministry, which Mr. Ramesh runs, and endorsed by...
More »Will Unique Identity Number derail NREGA? by Alok Pandey and Tanima Biswas
Two of the UPA's flagship programmes, the Unique Identity Number project (UID) and Rural Employment Guarantee Scheme are on a collision course. "I am not against technology, by I think linking the Unique Identity Number project to NREGA can be very dangerous," said Jean Dreze, Member , National Advisory Council. Right now, all that a person needs to ask for work under NREGA is to fill up a form and get the...
More »Centre to send monitors to MP to probe alleged graft in NREGA by Ashwini Shrivastava
The Centre will send "monitors" to Madhya Pradesh to look into alleged financial irregularities worth crores of rupees in several works done under its flagship rural employment guarantee scheme. Official sources said the action came after several non-government organisations and self-help groups approached Rural Development Ministry, nodal agency for executing work through under Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGA), regarding alleged corruption in the programme meant for people living...
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