-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...

-Economic and Political Weekly The proposed legislation on the National Food Security Act has been steadily watered down since it was fi rst mooted in 2009. The Parliamentary Standing Committee that examined the 2011 Bill has disappointingly continued with "targeting". If the government passes the bill incorporating the committee's suggestions, a historic opportunity to combat hunger and malnutrition would be lost. Ankita Aggarwal (aggarwal.ankita87@gmail.com) is a Research Scholar at the Centre for...

-The Times of India The Companies Bill, 2012, passed by the Lok Sabha a few months ago, has recognised the importance of diversity in the board room. Certain class of companies will soon be required to have at least one woman director on board. The EU has long recognised the value that women directors bring to the table. But, policies need to be reworked even at the ground level. With the budget...

-First Post Here’s the real reason why sociologist Ashis Nandy should be in the dock of public criticism. There is almost no evidence whatsoever to substantiate his observation that the backward classes and Dalits are seen as more corrupt because they are less good at hiding it than their upper class compatriots. Nandy is facing police investigations for saying at the Jaipur Literary Festival (JLF) last week that “most of the corrupt...

-DNA If an RTI reply is to be believed, then the Maharashtra Navnirman (MNS) is the only party in the state which is assessed and is filing income tax returns regularly with the income tax department. The reply also says that the party has been receiving donations above Rs20,000, but as parties are exempted from tax on income from donations under section 13A of the I-T Act, no tax is payable...