Although corruption touches every section of the Indian society, there are very few complaints made against bribery or corrupt people. How can one explain this contradiction? Is it the case that the laws relating to corruption are so weak and toothless in our country that people seldom rely on them to get justice? Recent research based on data from the National Crime Records Bureau (NCRB) confirms the above-mentioned fact. Please click...

-The Hindu The tremendous power of the software industry in India may help explain why the disruptive effects of demonetisation are being taken lightly Evidence is mounting of the disruptive effects of the recent move to renew currency notes, known as “demonetisation”. Disruption is actually a mild expression. What is happening is a catastrophe for large sections of the population. Farmers have dumped vegetables by the roadside for want of a remunerative...

-Hindustan Times Farmers across India are battling a steep fall in wholesale vegetable prices and are forced to discard their produce as a nationwide cash crunch following the scrapping of high-value banknotes hurts demand. The crash in wholesale prices comes at a bad time for farmers, who reaped a bumper crop and were hoping for good returns to make up for losses induced by two straight drought years. Please click here to read...

-The Hindu Business Line Kirana and tea shops are doing better than businesses that involve discretionary spending The Micro-finance industry (MFI) is cursed and blessed at the same time. When there were indications that the micro-finance sector is overheating, with high growth rates, multiple lending and oppressive loan recovery practices, the withdrawal of specified bank notes (SBN) hit them. There were reports of stress from Uttar Pradesh and it appeared that there...

-The Times of India NEW DELHI: India appears to be fighting a losing battle against corruption. Not only the number of corruption cases registered stand at an abysmal 0.06% of total crime in the last 15 years, five states including West Bengal have not registered a single conviction. Trial has been completed only in half the cases and three states including Goa have a record of 100% acquittal. These are just some...