-The Times of India MUMBAI: After Parliament's assent to the Lokpal Bill, India Inc has engaged legal eagles and consultants to examine its ramifications. At first glance, it appears that nothing much changes for the corporate sector, which is governed by anti-corruption legislations such as the Indian Penal Code or The Prevention of Corruption Act. Besides, as business is now global, anti-corruption laws of other countries also apply. Yet, with the bill...
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Food Bill, NREGA prone to corruption: CBI director Ranjit Sinha -Aman Sharma
-The Economic Times NEW DELHI: CBI director Ranjit Sinha has said infrastructure building through the public-private partnership model could lead to a spike in corruption cases as the potentially lucrative contracts may encourage collusion between big firms and state officials. "This route is full of pitfalls and it has opportunities for corrupt activities with big scope for collusion among promoters of consortiums to whom such projects are awarded and corrupt public servants...
More »What's cooking in inflation numbers?-Soumya Kanti Ghosh
-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
More »Veneer of fairness -TK Rajalakshmi
-Frontline The government pushes through the Land Acquisition Bill, but critics say it will take away more than what it purports to give. CLOSE on the heels of the passing of the National Food Security Bill, the Congress-led United Progressive Alliance government pushed through its other game-changer initiative, the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2013, or LARR Bill, ostensibly to address the injustices...
More »No model state -Christophe Jaffrelot
-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...
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