-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,...

-Macroscan.com In his speech introducing the 2012-13 budget, the then Finance Minister Pranab Mukherjee had declared his intention to introduce a General Anti-Avoidance Rule (GAAR) to counter ''aggressive tax avoidance schemes''. What GAAR means is that even if a transaction appears to be legally valid, if it is entered into for the sole purpose of tax avoidance, then the Indian tax authorities can deny tax benefit to the concerned entity. GAAR...

-The Hindu More than a political consensus, it is hard data on the absence of marginalised sections from the higher bureaucracy that will give legitimacy to the measure The decision to amend the Constitution to ensure reservation in promotions for the Scheduled Castes and the Scheduled Tribes has been the subject of much scrutiny without paying sufficient critical attention to the discourse of the Supreme Court on the issue. While the Court...

My reading of Prabhat Patnaik's essay (“Parliament's say extends to the classroom,” The Hindu, May 22, 2012), on the recent controversy regarding the removal of a cartoon from a textbook, is somewhat different from Neeladri Bhattacharya's (“A disquieting polemic against academic autonomy,” May 29, 2012). If I understand that essay's argument, it had two points to make. The first is less important than the second, but it is nevertheless not...

The thrust of Prabhat Patnaik's argument (“Parliament's say extends to the classroom,” The Hindu , May 22, 2012) is clear. It is to declare illegitimate the arguments against government action on the recent textbook controversy. What is this hullabaloo about, Patnaik seems to be saying: what is under threat is not the status of critical pedagogy in the textbooks but the jurisdiction of the Parliament. The larger argument within Patnaik's polemic...