-The Hindu Building ‘Capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

-First Post A lot has been written in recent weeks about crony Capitalism, but an important issue for the media to introspect over is this: can this happen without significant amounts of crony journalism? When media companies begin to think they can run coal plants, surely this compromises them (Lokmat Group, DB Corp). When political parties think they ought to own media houses or be aligned to one (YSR Congress’ Sakshi, the...

-The Indian Express Competitive politics within the legislature is threatening to undermine the space and legitimacy of executive authorities to implement social and economic policies in the country. The Congress-led UPA may have been weakened to a point where any observation by the CAG becomes a millstone around its neck, even if the CAG is seen as excessive in the way he interprets the alleged lapses by the government. The danger...

-The Hindu Real intent of auditor’s work is to end crony Capitalism On a day Parliament was forced to shut down over Opposition calls for the resignation of Prime Minister Manmohan Singh in the wake of the Comptroller and Auditor General’s incriminating report on coal blocks allocation, the CAG itself held firm against increasingly ferocious attacks by the United Progressive Alliance.   An official close to the CAG and the preparation of the controversial...

-The Hindu There is at last some clarity on the politics of the anti-corruption movements. Baba Ramdev’s dramatic call for Congress- hatao and the ‘political turn’ of the Anna movement have confirmed that a movement aimed at rooting out corruption cannot defer a direct encounter with party politics for very long. The manner in which both decisions were announced left something to be desired. The announcement by ‘Team Anna’ invited serious...