The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011:   A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...

WikiLeaks editor Julian Assange says Indian leaders are trying to mislead the public by challenging the authenticity of US diplomatic cables suggesting some MPs were bribed during a 2008 parliament trust vote. "It is not correct to say that all these cables are mere opinions by US diplomats, that is not true," Assange told NDTV's Prannoy Roy in an interview telecast on Monday. "These are official correspondence sent by ambassadors, sent in...

Soon after he exposed how bricks were bought for six times their value for roads that were never built in the northern Indian state of Uttar Pradesh, Amarnath Pandey was shot near his home. The bullet, which he believes was fired by contractors who were benefiting from the brick scam, clipped his ear and grazed his skull, leaving him in hospital for weeks. Pandey, 56, a doctor from Robertsganj, a sleepy city...

Overwhelming presence of military, paramilitary and police forces gave visiting American diplomat the impression that Imphal was under occupation In an assessment of the situation in Manipur in 2006, American Consul General in Kolkata Henry Jardine wrote that the overwhelming presence of military, paramilitary and police officers contributed to the impression that Imphal was under military occupation. “In ConGen's many interactions, even with some government officials, a reoccurring comment was that...

Global business abhors uncertainty. The ministerial-level corruption in UPA-II has slowed FDI and FII inflows. The stock market, despite double-digit corporate profit and 8.6% GDP growth, reflects the anxiety of Indian and foreign investors. To take India's growth story forward in the 20th year of economic reforms, political reforms must catch up. Misgovernance won't do in a globalised, interconnected world. Two kinds of political corruption blight India: episodical and ongoing. Episodical...