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MLAs' fortunes grow more than all other investments by Atul Thakur

When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the Assets of re-contesting legislators certainly suggests that – with the growth in their Assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in Assets of...

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Basics of the debt demon by Devadeep Purohit

Mass leaders in India have a tradition of broaching BSP —bijli, sadak and pani — issues to strike a chord during election rallies. However, in almost each of her 150-plus rallies across the state in the election season, Mamata Banerjee deviated from the conventional mix and squeezed into her speech phrases like debt burden, public finance and economic recovery. Whether such esoteric terms found resonance or not, Mamata did get across the...

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India ratifies U.N. Convention against Corruption

-The Hindu   India on Thursday ratified the United Nations Convention against Corruption — a politically correct move that ought to take some heat off a government battling serious corruption charges and seen as unwilling to crackdown on black money stashed away abroad. Indeed, in recent days a question often asked was why India had not ratified the Convention when asset recovery is stated explicitly as a fundamental principle of the Convention....

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Can you spot any loophole in the Lokpal draft? by A Ganesh Nadar

The Lokpal Act finally seems set to turn into reality. With civil society members and citizens turning the heat on the government over the setting up of the anti-corruption body, the Lokpal bill occupies centrestage in Delhi's politics. The joint panel, comprising civil society members and Union ministers, has been meeting in New Delhi to hammer out the draft of the anti-corruption bill. Let's take a look at the highlights...

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Fighting Corruption by SL Rao

Tihar jail today has the largest collection of charged or convicted top officials, a powerful ex-minister, sundry politicians and officials. Maharashtra had a teflon-coated chief minister who was ‘sacked’ to a cabinet post in Delhi after being long untouched by many scandals. Another just exited. A former Jharkhand chief minister is in jail on charges of looting his state treasury and accumulating funds abroad. The powerful founder of the Nationalist...

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