Corporate donations to political parties, a long-standing lightning rod for criticism for the implicit conflicts of interest in a controlled economy, will come under greater scrutiny when a new Companies Bill, expected to be passed in the winter session of Parliament, gains the force of law. Provisions enforcing greater transparency and disclosure norms on such donations will be part of the upcoming bill, which is currently being studied by a...
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“Fruits of progress have eluded the rural poor”
A higher order of political leadership, a transparent and accountable bureaucracy and activist citizen forums are imperative for effectively addressing hunger and poverty in India, N.R. Narayana Murthy, chairman and chief mentor of Infosys Technologies, said on Sunday. Addressing a policy forum at the international conference on “Eliminating hunger and poverty” hosted by the M.S. Swaminathan Research Foundation (MSSRF), Mr. Murthy said the dark side of India's growth story had been...
More »Along the food chain by MK Venu
Politicians, from the ruling party and opposition alike, are grappling with the problem of how to effectively communicate with their constituencies on the issue of high food inflation. One had thought it would be easy for the opposition to mount a campaign on rising prices against the ruling coalition, but it appears that inflation and its impact on the Political Economy is far more complex today than it was 10...
More »Lessons from America & beyond by Biraj Patnaik
The National Advisory Council, led by UPA chairperson Sonia Gandhi, has come up with the muchawaited contours of the National Food Security Act. The NFSA, it is hoped, will become India’s flagship programme for tackling hunger and malnutrition, equal in scale and vision to the ambitious and highly successful Fome Zero Programme launched by President Lula Da Silva in Brazil. The UPA government is also hoping that the NFSA will...
More »Court's concern at development at the cost of livelihood of landowners by J Venkatesan
To millions of Indians, development is dreadful word aimed at denying them even source of sustenance Why is state's vision of development at such great odds with the people it purports to develop? The Supreme Court has expressed concern that the path of development by depriving landowners of their land seemed to give rise to insurgency and political extremism which, along with terrorism, are supposed to be the three gravest threats to...
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