-The Economic Times The Central Vigilance Commissioner has reopened the debate on the mandate of the proposed Lokpal by suggesting that corporates should be brought under the purview of the proposed anti-corruption bill to check graft effectively. He also said that corruption in higher levels of bureaucracy, as also among political executives, should be dealt with by Lokpal, provided there was a proper demarcation of work to avoid overlapping of powers...
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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai
The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...
More »‘Murdochisation' of the Indian media by Paranjoy Guha Thakurta and Alice Seabright
Its facets include concentration of media ownership and the transformation of news into a commodity. THE last two decades have witnessed a dramatic transformation of India's ‘mediascape' – a term first used by Arjun Appadurai, an academic of Indian origin based in the United States, to describe how visual imagery impacts the world and to describe and situate the role of the mass media in global cultural flows. While there...
More »Overreaching? by Pratap Bhanu Mehta
The latest Supreme Court order appointing two former justices to superintend the special investigation team (SIT) on black money is a serious indictment of government. It reflects a widespread sentiment about the laws of government motion: government is a body that will not move unless compelled by an external force. A shameless government is provoking a thousand saviours to step in and save the country. The Supreme Court is, rightly,...
More »Rush in now, repent later by Siddharth Varadarajan
A transparent assessment of the costs and risks associated with India's ambitious nuclear plans must be made before any ground is broken at Jaitapur or elsewhere. You really have to hand it to the nuclear industry. In any other sphere of the economy, a major industrial disaster is likely to have adverse, long-term financial consequences for the company or companies whose product or activity was involved in the accident, regardless of...
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